Wednesday, April 04, 2001
Where Should You be Investing Now?
Like Philip Eastman's popular children's book "Are you my Mother?" Gruntal & Co. answered one of the more adult perplexing questions on Wednesday, April 4th, at the Hotel Intercontinental. Chairman of Investment Policy Joseph Battipaglia buoyed the hopes of a ballroom full of investors, professional and personal. He pointed out that now is the best time to invest, when stocks are at such a low price and so devalued. Grunthal & Co.'s First VP, Investments, spoke with me during the reception and reinforced Battipaglia's comments by pointing out that the valuations are now within reason. Technology is now poised to come back in a major way, now that all the "bull" is out of the way. Financial Solutions Group VP Bruce Haber added that the key is to be disciplined now, not emotional, and to know when to buy and when to sell. Just like the song Kenny Rogers sang - you've got to know when to hold 'em and know when to fold 'em!