WWIN, hello manager
Holders of WWIN got a nice treat today and we are holders. we got a nice rally in WWIN from 22 and the current correction was kind of getting to us. But WWIN wasn't hurting us so we just waited. Yesterday was a nice gain but today gave us a real jolt and we like that. Good lesson: good stock, profitable, not hurting the portfolio, not acting badly, just resting, these are very easy to sell. Seasoned investors know that its just a matter of time for those babies to start moving again. This leads to the next topic...
Registered Investment Advisors. A prospective client asked me why would he need one, why not just do it himself. It's a great question and since I am a registered investment advisor (ria) I have an answer. As a professional investor, it's my objective to grow the assets of the people that entrust their funds to me. Investors should be able to count on their advisor to faithfully and successfully implement their stated investment strategies. Individuals will invariably get busy with their lives and lose track of such details as stock selection and performance. Investors should be able to continue doing that which is important to them or that which they are more skillful at doing and leave the tasks they are less qualified at doing for professionals. Medicine, law, auto repair, and carpentry are just a few such professions that come to mind. Investing is right up there with them. As a seasoned investor with a successful track record who acts as a fiduciary for clients, most of my clients are much better off with the leadership than without. WWIN is a great example: selection of a relatively obscure name with excellent numbers, a profitable trade to date but rather than lose faith and bail, in two short days of trading that stock is right back among the top names on the board. A professional investor will know when to hold such stocks more often than not.
Just a thought.
Please remember that different types of investments involve varying degrees of risk, and that past performance may not be indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Geller Capital Management, LLC) will be profitable. Please remember to contact Geller Capital Management, LLC if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you want to impose, add, or to modify any reasonable restrictions to our investment advisory services. A copy of our current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request.
Registered Investment Advisors. A prospective client asked me why would he need one, why not just do it himself. It's a great question and since I am a registered investment advisor (ria) I have an answer. As a professional investor, it's my objective to grow the assets of the people that entrust their funds to me. Investors should be able to count on their advisor to faithfully and successfully implement their stated investment strategies. Individuals will invariably get busy with their lives and lose track of such details as stock selection and performance. Investors should be able to continue doing that which is important to them or that which they are more skillful at doing and leave the tasks they are less qualified at doing for professionals. Medicine, law, auto repair, and carpentry are just a few such professions that come to mind. Investing is right up there with them. As a seasoned investor with a successful track record who acts as a fiduciary for clients, most of my clients are much better off with the leadership than without. WWIN is a great example: selection of a relatively obscure name with excellent numbers, a profitable trade to date but rather than lose faith and bail, in two short days of trading that stock is right back among the top names on the board. A professional investor will know when to hold such stocks more often than not.
Just a thought.
Please remember that different types of investments involve varying degrees of risk, and that past performance may not be indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Geller Capital Management, LLC) will be profitable. Please remember to contact Geller Capital Management, LLC if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you want to impose, add, or to modify any reasonable restrictions to our investment advisory services. A copy of our current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request.
posted by David Geller at 5:44 PM
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