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Tuesday, Oct 3, 2023


The stock market has been volatile over the past two weeks, particularly after officials with the Federal Reserve hinted they might be considering raising interest rates. So the Business Journal asks: Are you worried about the market taking a plunge, and has that changed your investment strategy? Troy Miller (photo newsmaker 5-17) Director of Sales and Marketing Pronounced Technologies No, I’m not worried. I think the market just needs a correction and that’s probably what we’re seeing with the volatility. It all depends on what happens with the Federal Reserve and if they raise interest rates. I’m not changing my investment strategy. Bruce Pherson General Counsel Boething Treeland Farms Inc. No. I never pay attention to temporary ups and downs of the market. I watch the market, but it doesn’t worry me if it goes up or down in the short term. I’m in it for the long term. I watch it for that outlook. It doesn’t change my strategy. The economy’s good and I think it will continue to be good throughout 1999. Jim Leff Vice President Mid Valley Properties I am worried, but I’m hopeful. I read stories on the positive and negative. I like to think positively, but my gut says otherwise. Definitely on the Internet side, stocks seem overpriced. It’s like playing roulette. I’ve been trying to get out of the stock market for a year, but I keep making money. I probably will change my investment strategy eventually. Dennie Marks President Contact 1 Inc. No, I’m not particularly worried. What comes up must come down and vice-versa. It’ll balance out. Jeremy Harrell Sales Manager Valley Home Medical Supply I am worried about it taking a plunge. It hasn’t changed my investment strategy, but I have been more cautious. Everybody says it’s going down and it might take a plunge. It hasn’t happened yet, but it is dropping. Dennis Knox Account Executive New Horizons Computer Learning Center I’m not worried about the market taking a plunge. The market has fluctuated up and down over the years. If you’re in the market for the short term, then you’re going to be worried and concerned and it will affect the way you do business. If you’re in it for the long haul, it won’t have an effect. I’m just going to ride the wave and wait. It won’t affect the way I do business. Now if it plunges 800 points next week, it’ll affect the way I do business.

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