November 16, 2011
We are the 66.9% who own homes and the 25.9% who rent.
We are the 94.1% of Americans paying their mortgage on time.
We are the 88.4% who are staying put.
We are the 53% who pay income taxes.
So who are the 1%? You'll find CEOs of the biggest banks on the list, the ones who ran their companies to the brink and then took the bailout money. How about the Fannie Mae and Freddie Mac officials who paid themselves $100 million in bonuses since their 2009 bailout? The list above is where you'll find our clients: not in boardrooms, or sleeping in parks, but working and raising their families and, with our guidance, saving and investing for their future.
(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).