Upcoming Portfolio Changes!

As a client of ours, you have recently received an email from us discussing our plans for your accounts. It has become apparent that we are going to be faced with great challenges in the fourth quarter of this year. Elections, fiscal cliffs, Middle East turmoil, and slowing corporate earnings are all events that alone have the ability to disrupt markets and even push us into a recession in 2013. Combining two or three of these events together could be a very toxic elixir. We have decided to make a first phase of moves to make your portfolio more defensive.

The Fed’s surprising open-ended QE3 announcement has brought more money to equities seeking dividend yield versus bond yield and has been a continued boon for stocks.  However, we believe markets will begin to price in the negativity the closer we get to the election and there will be more downside risk than upside potential.

Please take a moment to watch our 10 minute video which explains our thoughts on the market and the changes we are making in our client accounts.

If you have questions, please feel free to contact us at 336.544.6800.



Having trouble watching the video?  CLICK HERE to watch it on YouTube.


The opinions voiced in this video are for general information only and are not intended to provide specific advice or recommendations for any individual.

To determine which investments may be appropriate for you, consult your attorney, accountant, financial advisor or tax advisor prior to investing.

There is no assurance that the techniques and strategies discussed would be suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to effect some of the strategies. Investing involves risk including possible loss of principal.

The information provided should be used only as a general guide to portfolio value. The figures presented should not be relied upon for tax purposes. Please see your statement for more details regarding your account performance.