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Friday, March 6, 2009
The Bryn Mawr View
Eric Thorne of Bryn Mawr Trust,which has about 120 years of money management experience,says they still think that equities have a place in portfolios.Dividend stocks are a good place to be.See if they have any top line growth and good cash flow.We think there's quite a bit of value in tech stocks such as IBM and Hewlett Packard.These are companies that have an amazing track record,that people will go to when they ramp up.We're just gonna bide our time and then up our position,Mr.Thorne said.We don't think that bonds will outperform stocks as they did in 2008,he added.
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