Local Financial Author and Advisor Keith Springer Quoted in the Sacramento Business Journal

Aug. 22, 2011 - PRLog -- SACRAMENTO, Calif. Aug. 22, 2011 – Keith Springer discusses the impact of the stock market plunge on investors and some less risky investment options.

According to Melanie Turner, reporter for the Sacramento Business Journal, stocks took a huge dive, the Dow falling over 500 points.”

Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA said he has not heard from any clients today.

His clients are “pretty comforted,” knowing that he takes very little risk. As a financial advisor, Mr. Springer focuses more on high dividend stocks and bonds as opposed to aggressive stocks.

He points out that his “job is to get stock market returns without taking market risk.”

Mr. Springer also pointed out the demographics of the current economy. He noted that historically people spend more in their 30s and 40s, and the economy needs spenders to grow. But in the wake of retiring Baby Boomers, there are less people spending and more people are over leveraged and in debt.

To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info.  In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.

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About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.