Deer Park Newswire
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Persistent low interest rates over the past few years have forced some investors to abandon traditionally safe vehicles like certificates of deposit and bonds to purchase stocks and other investments that potentially provide more income. "Traditionally in the past, your age may have dictated the percentage of assets you would have in investments that may have been considered safer," said Michael Montuori, first vice president and investment officer for The Alpert Group , part of Wells Fargo Advisors in Woodbury. Comment?
A perennial trend that had slowed after the last economic downturn is back: Companies are leaving Nassau County and relocating to more affordable and roomier digs in Suffolk. While the recession put a chill in many companies' real estate moves for a time, an improving economy and better access to financing has prompted firms to re-explore moving east, where property taxes are lower, the industrial inventory is more functional and there is room for expansion. Comment?
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