Local Sacramento Financial Advisor and Author Keith Springer Quoted in CNN Money

FOR IMMEDIATE RELEASE
Sacramento, California, United States of America (Free-Press-Release.com) August 31, 2011 -- SACRAMENTO, Calif. Aug. 31, 2011 – Keith Springer provides analysis on Berkshire Hathaway’s big move in the banking world and how it affects average investors.

According to Paul R. La Monica, reporter for the Buzz on CNN Money, shares of Bank of America stock were up 9% on Thursday after Warren Buffett's Berkshire Hathaway announced it was investing $5 billion in preferred shares of the bank.

"BofA may be a good value here but that doesn't mean it's a great stock for average investors," said Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president of Springer Financial Advisors in Sacramento, CA.

"Buffett knows that the government is not going to let BofA fail. So he's got a quasi-government insured CD with a 6% yield and upside potential," Springer added.

To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.

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