February 1, 2008
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)