Who's Getting Conservative in Advance of the Fiscal Cliff?
Morningstar.com readers report getting defensive on stocks, while others argue the real risks are in bonds.
In a recent Morningstar.com Discuss forum dialogue about impending tax changes, I noticed that several posters said they expected to buy stocks at a bargain after the upcoming presidential election. So I decided to poke at that a bit more: What investment strategies, if any, are Morningstar.com readers employing in anticipation of the so-called fiscal cliff and election?
Not surprisingly, given that my query touched on politics, partisan bickering--ahem, discussion--was alive and well in the thread. Scandson quipped, "Oh, Christine, I fear you've kicked the hornet's nest." But many other posters stayed on point, focusing on the extent to which current events are influencing how they're positioning their portfolios.
Christine Benz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.