Stay in School,
Can We Make The Grade?
are always telling our kids to stay in school and get an
education. Even when things are not going their way, we
tell them it will get better.
We may need to study more and work a bit harder and make a
study plan, but if we stay in school, we will get smarter.
Until recently I did not think we were going to enter a
recession. I still believe this, but after last week's
Philly Fed Index, I do think there is a high
probability we will have a negative quarter.
Transportation is off by our estimates near 8% and one company
we know who services lawns, is rumored to have 145,000
customers cancel their services. This is a very high level.
Much of this was due to the anxiety over the standoff in
Washington, where one set of nuts want to give everything
away, and the other set of nuts have blinders on and don't
want to end crazy subsidies and raise taxes above 15% for
Whether you like peanuts or walnuts, no wonder nut allergies
are on the rise and most nuts are not allowed in school any
longer. Ok, so we may not enter an official recession,
but this wrangling is going to make the markets test their
previous lows. This should last through September and even
For those who have a long-term perspective, I think
this is a good time to buy solid dividend paying stocks as
well as look at currency diversification.
You can do this by
restructuring your portfolio and changing the funds in
Remember that I offer a Free
Portfolio Analysis if you want to take an X-RAY inside
your current portfolio and see what's really there PLUS see if
your current Asset Allocation matches your current Risk
Whether it's with me or someone else always consult with
your advisor and make sure you know your time horizon. If
you have a longer time horizon, heading into the riskier
stocks is a good place to be, but it is going to be a
roller coaster for a while.
Roller coasters can make your stomach jump every now and then.
Stay in school, know what classes suit you best and don't skip
To read more articles on our web
site click here or go to
www.RebellaCPA.com and click on the Newsletter section.
always you can call me at 714-619-0667 if you have any
questions about investing, retirement or any other tax &
accounting related issues.
Regards, Monica Rebella, CPA
President, Rebella Accountancy