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Bank VP Sees More Willing Investors

wnpv_businessUnivest Senior Vice President of Investments Bill VanSant says people are still nervous about an unstable stock market, but they are also unhappy with low bank interest rates, and he sees more people willing to take a little bit of a risk. “We are seeing more of an appetite for risk over the last 6 months or so as bank rates continue to be very low, and when you factor in inflation it’s actually a negative real rate of return that you’re achieving, so individuals are looking at doing something else with their money, but we warn you don’t want to just go from a maturing CD to buying individual stocks.  Let’s really take a look at the risk parameter.”

VanSant says corporate or government bonds can provide a better return than bank CD’s, and the risk is low as long as their bond rating, similar to a credit rating, is Triple-B or better.  He appeared Thursday on the WNPV talk program Comment Please by Univest.
Travis Wetzel Would love to perform on Echos of an Era again ! The Travis Wetzel Duo is doing a music program at The Lansdale Train Station Sept. 17th 12noon-1:15pm Please spread the word Travis Wetzel Music
WNPV AM 1440 Have you caught Jeff Nolan's high school football previews in the morning? WNPV's high school football schedule begins this Friday night when LaSalle College comes to North Penn starting at 7:30 PM.
WNPV AM 1440 Do you have legal questions? Jot them down and then call WNPV tomorrow between 11:10 and noon when Liam Duffy and Andy Levin from Rubin, Glickman, Steinberg and Gifford will provide free legal answers on "Legally Speaking" right here on 1440 AM! Call 215-855-8211 or 800-355-9678 between 11:10 and 12 noon tomorrow.

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