This Quarter was a Keeper

I have just finished comparing your September 30 ending balances to August 31 and reviewing the September and year-to-date gains. I feel good about what I see and hope you do too.

News of late centers on attempts by the Dow Jones Industrial Average to equal its old high set in January 2000…..If the Dow had kept pace with our returns, it would now be challenging 20,000 instead of 11,722.

Thus far, fallout from the bursting of the housing bubble has not been severe and an easing in the price of oil has also helped to keep the American consumer spending. We have our cash reserves up to about 25% but the return of 5% on money market funds is not a major hardship.

Protection of your assets is our first goal, followed by the attainment of a fair rate of return. Be sure to call us first before acting on any financial products that are offered you.

Many thanks to those of you who have referred your friends to us. Please keep us in mind when the opportunity arises. Our growing strength is to our mutual benefit.

Very truly yours,

Michael F. Cantlon

P.S. Fall is a great time to visit the country. We would like to see you more often. Take a stroll through our 5 acres, visit the antique barn and have some hot cider in the log house.