In the wake of the global financial crisis, U.S. consumer confidence, the fuel of our nation's economic machine, plunged to an all-time, 41-year low last month. According to the Conference Board, in spite of falling gasoline prices, the October consumer confidence index fell to 38 to rest at a significantly lower point than the expected October reading of 52.

San Diego, CA (PRWEB) November 26, 2008 -- In the wake of the global financial crisis, U.S. consumer confidence, the fuel of our nation's economic machine, plunged to an all-time, 41-year low last month. According to the Conference Board, in spite of falling gasoline prices, the October consumer confidence index fell to 38 to rest at a significantly lower point than the expected October reading of 52. What does that tell us? According to John Jenkins, President of Asset Preservation Strategies, "Fearful consumers are not convinced that Washington's bailout efforts are enough to put the economy back on track. In fact, rather than wait for the effects of Washington's policies to trickle down to their pocketbooks, I believe that many do-it-yourself investors in need of more immediate help are seeking the advice of a professional financial advisor."

"Acting as a personal chief financial officer, an advisor can help investors take a therapeutic, big picture view of finances," says Jenkins. "The market is down and volatility likely will continue, but an advisor can listen to an investors' fears and develop and implement a plan to help withstand the downturn and even help take advantage of opportunities that are available under current conditions."

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