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AMERICAN AMNESIA

6/21/2011

 
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Americans (and Brits) can’t stop talking about America’s “problems”. The key problems I see American’s having today are a short term vision backed by a short term memory.

“Be fearful when others are greedy, and be greedy when others are fearful.” 
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          Warren Buffet, New York Times October 16, 2008

Many people will ignore this wise man's credo in favor of hysteria and hype. Conditions like these are what give us the incentive to take chances on a new business and/or make investments. I can't tell you how far we are from the "bottom" or if we’ve even hit it yet. What I can tell is that we are not at the “top” and it’s that “spread” (ie: the difference between full strength and where we are today) that is equal to the relative opportunity. Contact me to explore this wisdom in practical terms.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor before investing. All performance referenced is historical and is no guarantee of future results.
Securities offered through LPL Financial, Member FINRA/ SIPC

    D. Scott Bloom, CFP®
    CERTIFIED FINANCIAL PLANNER™ 

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Securities and Advisory Services offered through LPL Financial. a registered investment advisor,Member FINRA / SIPC
​The LPL registered representative associated with this page may only discuss and/or transact business with residents of the following states:
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