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Financial Planning - Profitable Practice: Riding It Out

Over the past few months, the media has inundated us with fears of subprime disasters, significant changes in the tax structure, volatility, hyper-inflation and most recently, impending recession. As I am sure you do, too, we spend a great deal of time educating our clients about media noise, short-term expectations and long-term focus. But lately, even the best-trained clients cannot ignore these economic warnings, and many, looking so very pale or green, wonder what we are doing to buffer their portfolios from possible damage.

(Article by: Deena Katz, associate professor in the personal financial planning division at Texas Tech)

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