Buy Low, Sell High

For those 30 or more years away from retirement,

Ben and I were particularly interested in the idea of purchasing index stock any day that the market drops 8% or more. This is not an event that happens often, although it did happen yesterday. Unfortunately, none of us had a significant amount of money to invest today.

Of local interest, we suggest investing in Irwin Union Bank stock. The IFC stock is currently trading at $4.22 off of a 52 week high of about $12. After a big of reorganzing, we feel like this Columbus banking institution will bounce back strong in the long term.

Cheers,

The Local Drafts