World Com stock is hot; Disney`s not. But the universal theme is diversification. That`s among the trends financial planners in Mississippi are telling their clients these days.
“The bottom line for my clients is diversification,” said Bill Brame, vice president of Morgan Keegan in Jackson. “I strongly believe in diversifying classes, which means owning stocks and bonds as well as commodities and real estate. Diversification helps reduce the dramatic ups and downs of the market cycles and produces a more predictable risk reward return.”
Brame said several local stocks monitored by Morgan Keegan appear to be good long-term buys. Among them: