Finan¢ial $en$e: Examine Your Risk Profile

October 29, 2011

Examine Your Risk Profile

Sorry about all of the econo-speak lately, but I think it’s necessary to at least have the necessary background out there as I say that the problems that have concerned me have not gone away. There are several parties that want people to think that they have gone away, but they haven’t. I’m not even sure that I blame the people who are trying to publicly soft-sell the problems IF I thought they were diligently working to fix the problems outside of the glare of the limelight. But I don’t believe that is the case.

Technically speaking, the stock market is looking OK. I would not be surprised to see the current rally go on for a few more months even. Additionally, with U.S. elections only 12 months away, I would expect politicians to do everything that they can to bolster the stock market. But the issue is the magnitude of the economic problems today, most prevalent in the European banking situation, but which could quickly spread to the U.S. banks. I continue to tell people to examine their risk profile and to make sure that you are cognizant of the risks out there and that you have your investment and retirement portfolios structured accordingly.

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Disclaimer:

David Keepes aka Dave K. is the writer for this blog titled "Finan¢ial $en$e". He is NOT a registered investment adviser nor does he work in any capacity for an SEC-registered, or any other, investment advisory firm. He writes in an educational capacity and urges and expects anyone who reads his posts and comments to not rely on them for accuracy, and for any reader to perform their own due diligence in regards to all investment and retirement matters. David holds a BA in Economics from the University of Illinois and an MBA from Eastern Illinois University. He is also a permanent Certified Cash Manager since 1995. He lives in Carrollton, Texas, with his wife and one child. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.

Financial $en$e BLOG ETIQUETTE:

1. You are a GUEST on this blog - act accordingly. Respect Dave K. and any other poster on this blog. Don't expect the blog to change to suit your idea of what the contents should be.

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