You, along with investors all over the world, are facing the most challenging environment in recent memory. Each day, it seems we awake to a new, distressing headline. This has made it easy to become swept up by the panic of the moment, lose sight of the long-term goals, abandon our properly structured and still viable strategies and let our emotions force us to make bad or irrational financial decisions. 

In an effort to get reliable information to all of our clients in a timely fashion, we set up a conference call on 10/14/08 to discuss the market conditions.  Steve Roberts, Vice President, client portfolio manager with J.P. Morgan Asset Management in the U.S. Equity Group was the featured speaker and we had almost 500 people join the call. 

Click here to listen to the recording of the call. (Depending on the speed of your connection, it may take some time to download the file.)

Click here to read a transcript of the call.

The Dalbar Study mentioned in this call does not take into consideration the sales charges paid by investors working with financial advisors.  Had the sales charges been taken into consideration, the returns shown would have been lower.  If you would like more information regarding the Dalbar study, please contact our office.

An average investor is defined as one that would sell their positions after experiencing large losses.  This same investor would also be inclined to reenter the market if the market was going up.

Past performance is no guarantee of future results.  The performance shown is not indicative of the performance of any specific investment.