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Investing in a Volatile Market
By Brock Kidd, Investment Consultant, Raymond James Financial Services, Inc.
The recent period of volatility in the market has many people feeling unsure about investing. It's important to remember that bear markets and bull markets are a natural part of investing, even if the former is the last thing most investors want to experience.
The good news is there are some basic strategies for regaining some control over investments during market volatility. Click here for more.
Brock can be reached at Pinnacle Asset Management at (615) 744-3751 or by e-mail at brock.kidd@pnfp.com.
Eight of the 51 cases the U.S. Supreme Court agreed to hear this term could help -- or hurt -- small business. Some of the most-watched cases include:
- " Stoneridge Investment v. Scientific-Atlanta, Inc. -- Determines whether investors can sue third-party businesses for helping firms to commit securities fraud; could impact a separate lawsuit against banks accused of helping Enron hide its true financials
- " Sprint/United Management Co. v. Mendelsohn -- Judges must decide whether "me too" evidence from employees outside a discrimination suit should be excluded from that case; such evidence currently has many small businesses litigating more than the issue at hand
- " Riegel v. Medtronic, Inc. and Warner-Lambert Co. v. Kent -- These two preemption cases deal with whether a business is protected from liability claims when the FDA has already considered its products to be safe
What happens to my mortgage if my lender goes under?
Homeowners generally aren't affected by their lender going bankrupt. Consumers will not lose their home because their lender goes under.
Under court supervision, the lender would sell its assets and use the proceeds to repay its creditors. This means your loan would wind up with another financial institution.
Who owns the mortgage is irrelevant for most homeowners because the mortgage is still a binding contract, no matter who holds it. The repayment terms still apply.
Congratulations to Pinnacle's clients and business partners named "Best Places to Work" in their company size category by the Nashville Business Journal. The awards honor Nashville's outstanding companies whose benefits, policies and practices have produced the area's most satisfied employees. Pinnacle itself received the honor for the fifth consecutive year.
The winners are:
The Nashville Business Journal recently named winners of the "Williamson County Impact Awards." Thirty companies were chosen from hundreds of nominees based on the truly great things they are doing and the impact they are making in one of the fastest-growing counties in the nation.
Congratulations to Pinnacle clients and business partners who were winners:
Floyd Named Tennessee's Home Builder of the Year
Pinnacle client John Floyd, owner of Murfreesboro-based Ole South Properties, was recently named Tennessee's homebuilder of the year by the Home Builders Association of Tennessee. Ole South Properties is the state's largest independently owned home builder in Middle Tennessee.
Amy Charles brings 18 years of experience to her role of office manager and financial advisor for Pinnacle's new Hermitage location, slated to open in mid-December. She comes from AmSouth/Regions, where she served as manager of its Green Hills and Hermitage offices.
Pinnacle welcomes four other associates:
Kim Bell, 10 years experience, mortgage advisor - Murfreesboro
Rida Brown, 22 years experience, Treasury Management Operations - Nashville
Dana McNerney, 23 years experience, mortgage advisor - Murfreesboro
Sandra Nastasi, 11 years experience, service specialist - Murfreesboro
