Contact Us
Make My Homepage

Uncertainty: The Only Sure Thing For Investors [AUDIO]

The stock markets been moving higher, but the road ahead is fraught with uncertainty.

Spencer Platt, Getty Images

Greg Plechner, of Westwood’s Modera Wealth Management, says the big driver, right after the elections, will be the impending tax changes, and how they impact all of us and the economy.

He says no one is quite certain what those changes will mean. And we await word from the Fed this week about what they have in mind for stimulating the economy. Plechner advises you to sell stocks and bonds. But he quickly adds that does not mean selling stocks and bonds and getting out of them.

Plechner says you should shift your holdings to brace for the uncertainty, and perhaps lower returns. He says, for example, if you had a ten percent target for your total portfolio for stocks, and because year to date returns have been so good that has grown to 12 percent, sell off two percent and bring it back to the 10 percent that you had to begin with at the beginning of the year.

Wall Street is also waiting to hear from German court today about whether that country will approve the European stability mechanism designed to reduce fear of uncertainty in that most uncertain part of the economic world.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!