Keith Springer Quoted in Financial Advisor Magazine

July 9, 2010 - PRLog -- Keith Springer President of Capital Financial Advisory Services in Sacramento California Quoted in Financial Advisor Magazine

Doomsday Investing

SACRAMENTO, Calif. July 8, 2010 – Keith Springer discusses his investment strategies in this fragile economy and his predictions on future investment patterns to avoid huge losses.

FA Magazine asks, “Not to be paranoid, but can your clients’ portfolios withstand a major unforeseen catastrophe? Given the current headline risks—the sovereign debt mess, geopolitical uncertainties, flash crashes, oil spills and whatever else has created the prevailing negative vibe—it’s times like this that makes you ponder, “What if . . . ””

Sometimes, a crisis comes in a flash. “Most people won’t be able to react quickly enough in a crisis,” says Keith Springer, president of Capital Financial Advisory Services in Sacramento, Calif. “The flash crash was a precursor. The big institutions stepped away in what looked like a concerted effort to avoid big losses. I think that’ll be the future pattern.”

Springer says he’s scored big gains since the ’08-’09 crash with a conservative style heavy on dividend and income stocks. “I want to get paid for taking risk,” he says, adding he did well with master limited partnership and preferred stocks, as well as corporate bonds.

And that’s his game plan going forward because he believes the economy will get whacked as tepid consumer spending fails to pick up the slack when the federal stimulus goes away. “I’m getting more conservative by going shorter-term with my corporates because I think the next GDP comes in lighter than expected and that will precipitate the next crash,” he says.

To view more media interviews visit www.KeithSpringer.com and click the “Keith in the Media” link, email Keith@KeithSpringer.com or call (916) 925-8900

Keith Springer, President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.

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Keith Springer, President of Capital Financial Advisory Services, a SEC Registered Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.