Keith Springer Interviewed Live on CNBC, Short Term Profits vs. Long Term Gains
President of Capital Financial Advisory Services in Sacramento California Keith Springer Interviewed Live on CNBC
Short Term Profits vs. Long Term Gains
SACRAMENTO, Calif. (
PRBuzz) September 2, 2010 -- Keith Springer compares
stock market gains in the short and long term live on CNBC with Larry Kudlow.
Larry Kudlow, "the share holders are the capitalist, what is wrong with rewarding them?"
"Well you got to do something for the shares holders otherwise there is going to be a revolt," replies Keith Springer, President of Capital Financial Advisory Services in Sacramento, California. "You can't leave money sitting in the bank." He says this will be good for some companies but for others, it will hinder their long term growth.
Kudlow says, "a lot of shareholders think corporations do not spend their cash very well and investors would rather keep their own money. Why is it inefficient to let investors get a higher rate of return?"
Mr. Springer replies, "In dividends, a company cannot become more productive. It does allow companies to appease investors and pay them out a little bit." But he says companies need to find opportunities in the market, they should hire more workers but they are cautious right now."
To view more print and live media interviews with Keith, visit
www.KeithSpringer.com and click the "Keith in the Media" link, email
Keith@KeithSpringer.com or call (916) 925-8900
Keith Springer, President of Capital Financial Advisory Services, a SEC Registered
Investment Advisory Firm, frequently provides commentary and analysis for various global and national media outlets. He has developed a proprietary process for successfully building tax-efficient retirement portfolios and has been providing specialty wealth management services for over 25 years.