by Chris | “Recession is when your neighbor losses his job. Depression is when you lose yours.” They're not my words, they're Ronald Reagan's.
The odd thing about a recession is that you don’t know that you're in one until you receive data (months later) that confirms your suspicion. I have no idea as to whether we will actually enter a recession, if it will be a touch-n-go recession, or if we will avoid one altogether. What I do know is that while I see pockets of opportunity, clearly our 2008 expectations need to be muted.
In the meantime, consider raising your cash levels and reducing your debt. Now is also a good time to review your overall investment portfolio to be certain that your risk tolerance matches your investment portfolio. My advice:
* Continue to focus on the long view.
* Don’t obsess about the markets – that’s what I do.
* Do tell your friends, family & co-workers about me.
* Call or email me with your questions or concerns.
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Other posts by Chris are available here.
Christopher J. ConnerCertified Financial Planner TM
Certified Fund Specialist
Managing Director
5200 W. Newberry Road E-7
Gainesville, Florida 32607
352-225-3132 (Fax) 352-225-3784
Cell 352-281-4646
Advisory Services offered through Jonathan Roberts Advisory
Group.
Securities offered through J.W. Cole Financial, Member
FINRA/SIPC
3550 Buschwood Park Dr., Ste. 135, Tampa, FL 33618 (PH)
813-935-6776
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