MARK BARHONOVICH

Marc Barhonovich is a Wall Street veteran with more than 20 years as a private investor and entrepreneur. In Banking and Finance, Marc served as Vice President of Investment for over 13 years with Shearson Lehman and Dean Witter. As a stock broker he managed more than 50 million in client assets. During the 1990's Marc left the retail brokerage industry and founded his own investment banking firm. The firm assisted companies in business development, advice of funding strategies, as well as accessing the public markets. During the last 8 years he has consulted numerous public companies during development and growth stages. Marc is Founder/Director of Investor Communication Corporation. Marc is the Publisher for the Mainscale APS (www.mainscale.com) as well as The Common Sense Investor. (www.thecommonsenseinvestor.com).

"I feel that you should use "common sense" when choosing investment advice, and managing your portfolio."

We do not offer a magic bullet to make you rich in a few days, but our track record speaks for itself, as CSI has outperformed most systems and funds consistently, especially the S&P.

What are they saying: When everybody is running around saying how great a stock is, then everybody who can buy probably already has, and the only direction for the stock to go at that point is down. When it is obvious and exciting to everyone, it's too late..

It’s time to start buying Financial Stocks

Marc Barhonovich feels that this bear market is far from over but the financial stocks which started this bear market are getting rally cheap. Some are being sold as if they are worthless. Many of these companies are good companies and have had no problem raising money to cover their mistakes. This is obviously not good for current shareholders because the stocks have dropped significantly and the money that is being raised is dilutive to current
shareholders.

Many of these financial institutions are taking the opportunity to write down assets like never before. In the 25 years that I have studied and invested in the markets I have never seen write downs like this. Basically, companies are writing assets off as of is if they are worth absolutely nothing. Not all of the loans they are writing off are going to be worthless. In fact, over time many of these loans may come out fine or be sold for a higher percentage of their value than the worthless status everyone is assuming today.

What does this do for investors? It sets the stage for a great buying opportunity and tremendous up side possibilities in these stocks. Now that huge chunks of assets are written down to worthless status you have a company set up for two positive outcomes. First, the company is now clean and all the negatives behind it so you know you are investing in a company that has mostly positive news ahead which will be good for the stock price. Second, the assets that are now worthless on their books could eventually be worth something again. These negative loans which caused the stocks to get killed could now actually become a positive to the future financials of the company and great for the stock price.

So what is the Marc Barhonovich approach? ….After 25 years of trying I still cannot pick the exact bottom of the market so why try? The best approach is to start buying a portion of your overall investment now. I would start by buying 25% NOW. If you are going to invest $50,000 in financials start by about $12 to $15,000 now.

If they drift a little lower it gives you room to buy more. Once the market starts to get its feet back underneath it you may want to add more. This will probably happen over the next 6 months and that is how long it will probably take you to build the position that will allow you profit handsomely during the next bull market.

Take a look at these financial ETF’s for your portfolio:
UYG, IYG, IAI
XLF, IAT, KRE, PJB
You can find more of these ETF’s on www.finance.yahoo.com

Take a look at these financially oriented stocks:
ETFC, MBI, MTG, FMD, WM, FHN, WFC, BAC
There are many more