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DeMay at Eagle One Investments Still Bullish on 2008

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[February 08, 2008]  Doug DeMay, a partner in Eagle One Investments, understands that the market has been having some tough times, but he isn't throwing any panic switch.

"The market is under pressure from many things, but the historical prices of the market show it's still the best place to put your hard-earned money," DeMay said. He explains that individuals should look at investing over the long term and not get caught up in day-to-day or even monthly drops in share price. "The market has periods where it suffers setbacks, but history shows it not only always bounces back, but then goes on to new highs," he said. "It is still one of the best investment vehicles to fund your retirement, especially if you are young and just starting out."

DeMay wanted to dispel a myth that keeps many young couples from talking to investment counselors. "People think they have to have tens of thousands of dollars to invest before an investment broker would be interested in them. That isn't true," he said. "Even if they can only save a few thousand a year, maybe even less, investing it now will reap huge dividends for them years down the road. I understand that money can be tight, but saving what you can now will make a huge difference when you get older."

DeMay explained how asset allocation models can take the worry out for new investors trying to determine where best to place their money. "With asset allocation models, experts determine where to move your investment. The real key to making long-term profits is to have a balanced, diversified distribution of your money and not rely on just one stock or industry," he said. "The fund managers also move your money into growth stocks and are always looking for new and better opportunities for growth. They will rebalance your investment dollars to fit the current market conditions. Even with the market down, there are stocks out there that are doing very well."

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Eagle One Investments also offers municipal bonds, government securities, corporate bonds, tax-deferred annuities, and term, universal and single-premium life insurance plans. "Diversity is the key to reaching your long-term goals," DeMay reiterated.

DeMay welcomes visitors who just want to chat and talk about their investment needs. "I am happy to visit with folks and just tell them what is available," he said. "There is no obligation, and I don't charge for consulting. I'm also happy to offer a second opinion for individuals who have investments and are worried if they are on track to meet their goals."

DeMay, a Kewanee native, has been in the investment business for 17 years, the last 13 in Lincoln. "I'm a small-town boy, so that is why I originally came to Lincoln. I wasn't sure what to expect. I didn't know anyone, but now, as I look back, it was a great choice on my part. I love the town and the people, and I think this community is really starting to grow."

DeMay invites Logan County residents to spend some time with him to see if he can help their money grow as well.

Eagle One Investments is located on the first floor of the State Bank building at 111 N. Sangamon St. in Lincoln. The phone number is 735-1163.

(Eagle One Investments)

[By MIKE FAK]

Readers can find more of Mike Fak's writing at www.searchwarp.com and www.problogs.com.

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