Mainstay Capital Management, LLC
has again been ranked by Barron's
as one of the "Top 100 Independent
Advisors" in the country.

Recent TV Appearances

January 18, 2012

January 13, 2012

Important Consumer Disclosure:
Mainstay Capital Management, LLC is an investment advisor registered with the Securities and Exchange Commission. Due to various state regulations and filing requirements, Mainstay and its representatives may only provide investment advisory services in those states in which it is first appropriately registered or otherwise exempt or excluded from registration requirements. The purpose of this website is to provide the public with general information about the services offered by our investment management firm. Mainstay does not render personalized investment advice or services or effect, or attempt to effect any securities transactions, on this website. Our firm continuously monitors its filing requirements in all states, and will provide individualized advisory services only in accordance with various state regulations. Mainstay does not make any representations or warranties as to the accuracy, completeness, or relevance of any information prepared by any unaffiliated third party provider, whether linked to Mainstay's website or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

MCM 4-2-09 Update

Company Stock Positions

After a rejection of both GM and Chrysler’s restructuring plans, this week the Federal Government challenged both companies to quickly revise their plans, even if it includes some form of bankruptcy reorganization.

Events may happen very quickly in the coming weeks. Holders of GM stock should be especially careful, given the potential consequence of a bankruptcy. If a company enters bankruptcy reorganization, the common stock of the company can be significantly devalued or even expire worthless.

We have addressed the risks of holding company stock in our educational seminars, client communications, and in personal client conversations. Although we have liquidated most all company stock positions in client accounts long ago, some clients have asked us to maintain a position in company stock. If you have asked us to hold company stock in your account, please contact us to discuss the potential risks and strategies for its disposition (even if we have spoken about it recently).

We obviously hope for the best for these companies going forward, and hope bankruptcy will be avoided in both cases. However, as your investment advisor we have a fiduciary duty to make you aware of the potential investment risks.

As always, if you have any questions about your portfolio, our investment strategy, the financial markets, your retirement plan, or anything related to your personal finances, contact us toll-free at 1-866-444-6246. Also, if you would like to review your long-term objectives or personal sensitivity to market volatility as it relates to your portfolio’s asset allocation, do not hesitate to give us a call. We always look forward to talking with you.

Sincerely,

David Kudla, CMFC^®, CRPC^®, AAMS^®CEO & Chief Investment Strategist
Mainstay Capital Management, LLC

P.S. We continue to get a great deal of questions concerning pension safety, especially as it relates to a company in financial distress. The March issue of Kiplinger’s Personal Finance contained a very good article on this subject, “Is Your Pension Still Safe?”. Do not hesitate to contact us with any questions relative to your personal situation.