This article is jam-packed full of good common sense information. The president of the European Central Bank wrote it. You can get as involved as you want in the countless points of interest brought up in the article, but two ideas expressed, which are dear to both my heart and the heart of Anderson Griggs, are short-termism and transparency. If you are a conservative, common sense investor, know that trying to tag along with the excitable and brash short termists will only pull you under to their predetermined watery grave. Also, and most importantly, you cannot evaluate risk if you do not know or understand what you own. This also goes for your advisor. So use your commons sense, and be demanding in your questioning of any new fangled fancy financial product that comes along.
Anderson Griggs & Company, Inc., doing business as Anderson Griggs Portfolio Management is a registered investment adviser with the US Securities & Exchange Commission. Pursuant to laws and regulations Anderson Griggs also maintains notice filing with several individuals state regulators including North and South Carolina. Anderson Griggs only conducts business in states and locations where it is properly registered or meets state requirements for advisors. This commentary is for information purposes only and is not an offer of investment advice. We will only render advice after we deliver our Form ADV Part II to a client in an authorized jurisdiction and receive a properly executed investment Management Agreement. Any reference to performance is historical in nature and no assumption about future performance should be made based on the past performance of any Anderson Griggs Investment Objective, individual account, or index. The authors of publication are expressing general opinions and commentary. They are not attempting to provide legal, accounting, or specific advice to any individual concerning their personal situation. Anderson Griggs Portfolio Management's office is located at 113 E. Main St., Suite 310, Rock Hill, SC 29730. The local phone number is 803-324-5044 and nationally can be reached via its toll-free number 800-254-0874.