PRZOOM - /newswire/ -
Lexington, KY, United States, 2006/05/01 - On Thursday, May 4th, Bluegrass Portfolio Management strategist James Brumley will be hosting an online seminar. The topic will be the downside of stock portfolio over-diversification. Any interested investor may participate.
At 8:30 EST on Thursday, May 4th, Bluegrass Portfolio Management will be presenting a very unique online seminar titled "The Myth of a Diversified Portfolio." This seminar discusses the advantages and disadvantages of fully-diversified portfolios, with a special emphasis on the inherent problems of diversification that are typically not discussed with most investors while they are getting advice.
Some of the topics that will be reviewed within the seminar include:
• The 'ideal' number of sectors to hold at any given time
• The potential results of full-diversification versus partial diversification
• The effect that sectors have on individual stocks within that sector
• How to determine which sectors are leading and which are lagging
Any investor is invited to attend the seminar, but those with at least a basic knowledge of investing and an interest in active strategies will benefit the most. Specifically, those investors who feel that they are underperforming, or who have been dissatisfied with advice they have been given, should attend. Financial professionals may also benefit from the seminar. There is no cost to participate.
The moderator of the seminar will be James Brumley, Bluegrass Portfolio Management's Chief Strategist. He and the advisory are best known for their viewpoint that Wall Street does a poor job of defining the difference between diversification and dilution. Bluegrass Portfolio Management clients will always own several sectors at any given time, but the company's research is designed to avoid sectors and stocks that are likely to underperform the market. Mr. Brumley contends that diversification is a tool utilized by most advice-givers in order to justify mediocre returns without really eliminating an appropriate amount of risk. In the seminar, he'll be discussing ideas and techniques that are designed to enhance returns, without adding additional risk.
The host of the web-based seminar is Genesis Financial Technologies, one of the data service providers for Bluegrass Portfolio Management. Genesis Financial Technologies, and their charting software called 'Trade Navigator', is used by the advisor on an ongoing basis to spot sector-based trends. The Trade Navigator software will be utilized by Bluegrass Portfolio Management to create the illustrative charts that appear within the seminar. Participants do not need to be a Genesis Technologies client or customer to attend the web-based seminar, even though the registration page is part of the Genesis website.
A small software download will be required to attend the seminar. Genesis and Bluegrass Portfolio Management will be using Centra software to host the online meeting. Centra provides similar software solutions to many companies who host online meetings. The small program is free to download, and serves no other purpose other than to let an attendee have access the seminar. The software does not require or access any personal information that may be stored on a computer. Directions to install the Centra software will be e-mailed to any registrant once he or she registers for the seminar on the Genesis website.
To sign up for the seminar, interested investors should follow the instructions on the web page below.