Welcome to the Garrow Equity Group. In the interest of keeping investors and prospective investors informed about our thought processes, we have created this portion of our website to express ourselves on matters of interest from a personal perspective.
Probably first and foremost on investor’s minds is: What can be done to either stave off further losses and what can be done to position an investor to seek some positive yield? No one has been spared from the equity market turmoil. When the market sheds half of its value in a calendar year that has wide spread repercussions. This type of market coupled with a banking industry in wholesale reconstruction, leaves the investing world clamoring for something positive, frankly anything positive.
I regret to disappoint, there isn’t very much good news especially from the banking industry. While I am but a single opinion with several years of banking experience, the nature of the industry’s woes and the folks placed in charge of reconstituting the industry will need several years to put into place the reparations. This is truly unfortunate because the need is immediate and the industry isn’t in a position to fulfill that need.
It isn’t my intention to use this space to continue the long string of negative information readily available from numerous media outlets. Rather, it is to expose an alternative that can accomplish the aforementioned loss reduction and achieve positive yield.
Why private equity in hard assets as an inaugural effort?
While I can be made a liar very easily in predicting where the Dow will be at year’s end, I can state with confidence that acquisition opportunities abound in this environment. It is our solemn intent to preserve first any investment assets that are entrusted to the firm before we chase any return. Placing an investment in something from which we can collect a rent check, something that we acquire at significant discount relative to appraised value, or something we can place a shovel in are prudent value plays that allow us to stay out of the turmoil of the equity markets, retain principal and have significant high side yield potential.
This environment has afforded us acquisition opportunities from bank receivership, capitulated holdings, and long term relationships. Acquiring real estate at low basis is how money is made. It isn’t made when the determination is made to sell. This is where we see our value.
It is with a great deal of pride and effort that we have put this company together. I welcome you to inquire about what we are doing and going to do and appreciate you taking the time to read this.
Sincerely,
Russ Garrow
One of the main components of a balanced retirement portfolio is an investment in hard assets that are not market driven. This is what we were trained in our registered representative classes; the Company will not allow us to tie up a client's entire retirement portfolio in the market without proof of other assets that can remain unaffected by the success/failure of Wall Street. Congratulations on putting together an equity group that will offer a privately held investment not tied to Wall Street. It will be greatly appreciated by clients who need this as a key part of their portfolio.
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