Perhaps We Should Switch to Quarterly Statements

If you had only reviewed your security holdings on January 1 and March 31, you might have said, “What was all that recession noise, correction calamity about? My account looks fine.”

But most of you check on your assets more often – at least on your monthly statements. You then experienced the quick and violent “correction” to prices in the first half of the quarter and the robust recovery in the last 6 weeks. Rarely are these swings so severe and short-lived. And to make matters worse, these shock waves took place without rhyme, reason or justification from the world around us.

We cannot keep these nonsensical happenings from recurring. Nor can we predict them, but we are there to see you through to the other side. In these times of speed and volatility, it is more important than ever to use a professional to manage your portfolio.

At present, we see the economy continuing to muddle along. International influences are a net drag and our political scene is sad. Security selection is even more important in this marginal environment. Our strategy is unchanged and we are comfortable with our current holdings and accompanying options. That being said, if you have any good ideas, we are always interested.

If Rick Carlson does your taxes, we review them so that it gives us a better understanding of your overall financial picture. If Rick does not do your taxes, consider sending us a copy of your Form 1040 (the first 2 pages of your return). With this additional information, we will be better able to serve your financial planning needs.

We hope to soon add a video to our website, www.cantlonfinancial.com, where we review what we are all about. Be sure to check it out.

Very truly yours,

Michael F. Cantlon

Thomas E. Guyett

Robert T. Gephart