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Investing/Strategies / New Paradigm Investing
|Subject: Re: The Fiscal Cliff||Date: 12/28/2012 10:38 AM|
|Author: Carpian||Number: 65583 of 77507|
I'm more inclined to this view:
Even if no deal is reached, doomsday predictions are overblown, many say...
"We're not overly concerned," said David Hefty, chief executive of Hefty Wealth Partners in Auburn, Ind. "The thing to keep in mind is that what hurts investors, what hurts the market, are things that are unexpected."
He added: "Everybody has 2008 burned into their minds. They think the 'fiscal cliff' will be the next 2008 event. A 2008 event is when nobody sees it coming, and everyone is blindsided. Nobody's going to be blindsided by this."
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