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Keith Springer of Springer Financial Advisors in Sacramento CA Live on CNBC

According to Brian Sullivan, an anchor for CNBC Market Alert, ‘Unless we collapse today or tomorrow, it [the Dow] will finish higher for the year. The question is, do we care about that statistic?”

 
 
Keith_Springer_CNBC_December_2011
Keith_Springer_CNBC_December_2011
PRLog - Jan. 9, 2012 - SACRAMENTO, Calif. -- Market Outlook: S&P 500, Euro and Gold

SACRAMENTO, Calif. Jan. 3, 2012 – Keith Springer appears live on CNBC to weigh in on what factors are impacting the markets live with Brian Sullivan.

According to Brian Sullivan, an anchor for CNBC Market Alert, ‘Unless we collapse today or tomorrow, it [the Dow] will finish higher for the year. The question is, do we care about that statistic?”

“Basically, we don't care about the last couple days,” comments Keith Springer, president of Springer Financial Advisors in Sacramento, CA. “Typically this is normal; tax selling the beginning of the week, followed by people buying bargains being created by this selling. This statistic doesn't matter so much.

“I think we're going to be up,” continues Mr. Springer. “What investors really need to do is find a way to get the best return without all the risk. That’s what we'd like to do for our clients. That’s really the key out there is to really get people to find the best return. Find that sweet spot in the market. Get the best return without all the risk. Otherwise you're just rolling the dice. You don't want to roll the dice with your nest egg.”

“I like utilities but they are trading high,” more specifically Mr. Springer says he likes, “the higher dividend-paying type of stocks, I think the typical stocks that just pay a market average dividend still have too much risk. The key is to reduce the risk. If you can go out there, we're finding 8, 9, 10% yields on some Preferred, MLPs, and corporate bonds, that's 80% return typically of the stock market with only 10% or 20% of the risks. That’s where you want to look. Many of those stocks with small dividends of 2%, 3%, 4%, they might be nice compared to the market, but I still think there's too much risk if the market folds.”

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.  

About Springer Financial Advisors: Keith Springer is the author of "Facing Goliath: How to Triumph in the Dangerous Market Ahead", radio host of "Smart Money" on Talk650KSTE, editor of "Smart Money Newsletter", 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, an 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. He can be reached at 916-925-8900 or Keith@KeithSpringer.com.

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Keith Springer President Of Springer Financial Advisors 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.

Photo:
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Source:Keith Springer
Phone:916-925-8900
Zip:958333
City/Town:Sacramento - California - United States
Industry:Business, Finance, Investment
Tags:keith springer, springer financial advisors, CNBC Market Alert, financial planner, financial advisor, market updates
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