Local adviser diagnoses timely investor malady
Wake up and good morning. Financial adviser Robert Doyle, who heads Doyle Wealth Management in St. Petersburg, has a name for the malady he sees in many investors worn down by a decade of tech, housing and financial bubbles, plus the worst two market contractions since the Great Depression. He calls it CFFS: Chronic Financial Fatigue Syndrome.
Doyle's pretty bullish these days, especially given the alternatives. Real estate is still a rocky investment. Bank CDs pay almost nothing. And there's a flood of investor money pouring into bonds, watering down their returns. Read more about Doyle's thinking in today's St. Petersburg Times column and in Doyle Wealth Management's latest quarterly assessment of the investing scene.
-- Robert Trigaux, Times Business Columnist