Common Cents Monthly - November PDF Print E-mail
   

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• What's new with DGA

DGA Hires Wall Street Veteran 

Pholst2resize.jpg Delta Global Advisors (DGA) recently announced Peter Holst as Managing Director Private  Client Services. Relocating from New York, Peter will oversee DGA’s private client division, catering to individual portfolios, institutional endowments, pension funds, and family trust accounts. In addition, Peter will become a voting member of the firm’s Investment Policy Committee.

A 15-year industry veteran, Peter founded Holst Capital. Previously, he served as managing director with CIBC Oppenheimer at its New York headquarters from 1994. At CIBC Oppenheimer, Peter’s duties included managing private client portfolios and working with institutional clients, including Goldman Sachs, UBS, Nomura, and many of today’s top hedge funds. 

• Delta in the Press 

Representatives of the firm were cited in numerous media articles in recent weeks.  Here are a few samples:

US STOCKS-Credit concerns fuel market drop
Source: Reuters

Fed Cuts Rates to 4.5%.
Source: CNNMoney

Fed Cut Reactions
Source: Condé Nast Portfolio

Commodity Prices Rise to Record on Slumping Dollar
Source: Bloomberg 

• Featured Commentary 

Stop Bottom-Fishing the Homebuilders!
By Chip Hanlon

I can't believe how many people are still looking at the homebuilders, trying to figure out when they'll be a good buy.

Normally, I'd like the idea of buying the down-and-out sector from a contrarian standpoint, but the fact that so many people are asking whether homebuilders are worth trading suggests a real negative sentiment extreme hasn't yet been reached in this group, as amazing as that sounds...read more Stop Bottom-Fishing the Homebuilders at GreenFaucet.com
 


• Did you know?

While difficult times have descended on the housing industry, many brokers, investors, and financial advisors have been hearing about something called the Money Merge Account (MMA).  Using powerful banking principles, MMA helps homeowners pay off their mortgages in literally a fraction of the time—without any change in lifestyle.

Meanwhile, many in the mortgage business have been welcoming this product as a refreshing addition to their product mix.  We believe it may have a place in our clients’ investment game plans as well.

The documented results and simplicity of the program are impressive enough to merit our further research.  

Provided here for own your research is a link to a website with more MMA information:   www.my-mma.com

You may be hearing from us again soon about this potentially powerful solution…  

• Other sites we recommend

 
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