Your firms guidence?

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Aug 9, 2011 9:31 am

Just curious what your frims guidence has been through this downturn?  What are they saying you and clients should do?

Mine has just said hold on tight and go for the ride.  No idea if this is good advice or not... but wanted to see what other firms are saying.

Aug 9, 2011 1:22 pm

They are telling us to spell guidence as g-u-i-d-a-n-c-e. 

Sorry, couldn't resist. 

Aug 9, 2011 1:56 pm

I'm french.

Aug 9, 2011 4:48 pm

My firm has nothing to say..........ever. That is part of being Indy, I guess. They will not go out on a limb for any reason.

I see every fund company in the business has plenty to say. 9 companines that I know of had conference calls today. They are worried about major outflows..............again.

Sometimes it is better to say nothing then to say too much. Look at all the talking heads yesterday on TV. You would think it was the end of the world.............again.

I know this doesn't help. Truth is, most everyone wants you to stay in and ride this out. That is the easy answer. I am not convinced that it is necessarily the right answer.

Aug 9, 2011 9:22 pm

[quote=JumpMan]

Just curious what your frims guidence has been through this downturn?  What are they saying you and clients should do?

Buy low. Sell high.

[/quote]

Aug 10, 2011 2:18 pm

[quote=JumpMan]

I'm french.

[/quote]

Oh...sorry.

Aug 10, 2011 2:37 pm

lol .. I'm just kidding.  I just can't spell :)