Word: stanasolovich
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Stanasolovich, CEO of Legend Financial Advisors in Pittsburgh, is eying a few reopened funds for clients - Artisan Mid Cap Value and Schneider Small Cap Value are long-time favorites - but he's not looking to buy anytime soon. "Historically speaking, three months before the end of a recession, when things feel the worst, it's usually a good time to buy," says Stanasolovich. "I just don't think we're coming out of this recession anytime soon...
...risk with waiting around, though, is that a fund that closed once before in order to protect current shareholders is likely to do it again. One idea that Stanasolovich floats is investing the minimum amount required - often $2,000 - in order to lock in as a shareholder; existing investors normally can keep putting in more money even after a fund is closed...
| 1 |