Working Mother

“Just because a stock is cheap doesn’t mean it is a good buy.”

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“Be selective—there will be winners and losers during this economic downturn and recovery. If you are a DIY investor, know why you are buying a stock and why you will sell a stock. We base our buys and sells on earnings of companies and cash flow, not necessaril­y because a stock is ‘cheap’ or ‘expensive.’ This is a time for active portfolio management. Have a process and discipline for buying and selling; follow the process, monitor your results, and make adjustment­s based on facts.”

#58 Dianna Smith;

Executive Director, Wealth Manager, Portfolio Management Director, Morgan Stanley; mom of Maddie, 20, and Lily, 17; Leawood, Kansas

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