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Follow on Google News | Spectrum Capital Management Report - Short-term Thinking Not Beneficial in The Long TermSpectrum Capital Management today released a report which suggested 'short term' thinking by investors is benefiting the financial sector, but not businesses and individual savers resulting in a gap in global economic growth.
By: Press Liason Spectrum Capital Managements report stated that "Over the last 15 years, companies have done OK, the people in the financial sector have made a substantial amount of money, and but savers have done really badly". Spectrum Capital Management also imply in the report that individual savers (the average 9-5 worker) return on investments have been poor, largely due to the middlemen (banks, financial investment institutions) Spectrum Capital Managements, Client Relations Team Leader James Sterling commented "As a business which specializes in financial advice, Spectrum Capital management found the results for this report very interesting. I understand how it in some situations it is almost too easy to only look at the short term. Investors sometimes forgot to look at the longevity instead they tend to focus on just trying to turn a better immediate profit. I think the report highlights a fundamental area of concern for the Global investment markets. As a company, Spectrum Capital Management is looking to give our clients the advice they need not only on short term investments but also the information they will need to choose their long term investments as well. This report will help our clients see the need for long term investments added to their portfolios.” http://spectrumcapitalmanagement.com/ http://spectrumcapitalmanagement.com/ Spectrum Capital Management’s CEO and Co-Founder Mr. Brian McAllister commented "Convincing our clients to look long term is a skill that will take time to hone and develop. We are living in an investment world of 'now' investors but this kind of thinking has got the Global economy to where we are today. Our Strategists report highlighted the average saver, and the average company is doing ok, not great, but ok. As a financial institution we want to change these results so that our clients who use our long term strategies come out with maximized results and portfolios not just OK results and portfolios.” About Spectrum Capital Management: http://spectrumcapitalmanagement.com Spectrum Capital Management is embodiment of co-operation. Even back when our founders, Brian McAllister and Albert Samson, decided to pull together their resources and build an investment advisory firm that would be everything they stood for. Trust, co-operation, experience and a talent for understanding the tides of today’s volatile markets. The definition of “Spectrum” Ever since we opened our doors 23 years ago we have been able to remain true to our name – infinitely flexible within the margins of your goals. – Brian McAllister, CEO and co-owner of Spectrum Capital Management. End
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