There continues to be a lot of talk about the Fiscal Cliff, but the question is, how does that impact you? The exact answer at this very moment is still unknown, and won’t likely be known for several more weeks or months. What is known is that investing is for the long term. Tax rates have fluctuated widely over the last three decades, and we’ve been able to have historically low rates for the last 12 years. That is almost certainly going to change soon, but the mantra of diversification and rebalancing hasn’t changed.
I’ve attached the link to a 6 minute video here that I saw this morning from a research firm that lays out a projection of the markets in 2013 based on the backdrop of information available right now. I think that you’ll find it interesting and encouraging.
Feel free to call me if you have any questions!