ARBOR WEALTH: Sinatra’s ‘Very Good Year’ — just not an easy one

Published: Thursday, November 21, 2013 at 04:36 PM.

Around Halloween we faced the harrowing prospect that the U.S. would default on its debts and throw domestic and global markets into a terrible tailspin. Our government was shut down for over two weeks during this recent debt ceiling debate. And investors were backed into a corner, forced to decide if their holdings were safe, or if they needed to take action. At the least, many investors reallocated, emphasizing downside protection against potential market meltdown.

Somehow, markets avoided the historical, major October downturns that have plagued investors. So ultimately, to date, it has been a good year for equities, just not an easy one. 

Margaret R. McDowell, ChFC, AIF, a syndicated economic columnist, chartered financial consultant and accredited investment fiduciary, is the founder of Arbor Wealth Management, LLC, (, a fee-only registered investment advisory firm located near Sandestin.





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