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Campbell Wealth Management CEO Kelly Campbell gives tips for boosting your portfolio.
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-- from Athens.
-- US markets mixed despite the Greek election being one by a party that favors the Greek bail out what this continued uncertainty create buying opportunities.
And if so where we are joined now by Kelly Campbell.
-- management founder and CEO.
You feel more or less optimistic about the situation since Friday about all -- -- I've never felt optimistic about what's going on -- so -- You know that I I think since Friday nothing's really changed and we sure they've they've got a quads I leader but he's still got a kind of form -- -- and form his government.
He's got four days until it I don't think he can do it -- would have appeared time.
At -- bottom line there there -- problems over there this whole Euro concept is an experiment that has gone bad and it's it's there's nothing there's no end in sight.
There's nothing positive coming out of even these elections.
-- -- the big question leading into the Greek elections.
Late last week was.
Could the outcome that essentially.
Dictate where the US economy is headed so it's like Greece so quickly is on the back burner -- focused on the high yields in Spain.
What do you think I mean is this thing gonna have the contagion effect of bringing US back into recession.
Now I don't -- if you think about the end of the economy of Greece is at the size of Philadelphia.
And so that's not as they're gonna bring down the Euro that's not definitely not gonna have an impact on us what will have the impact it's who is the contagion that it brings up.
Which could have significant issues and Spain and Italy now that will be a problem.
And in when that happens yeah I suppose -- Kelly a problem for us as we know the problem for Europe.
Yeah heavily that is up for Europe but that yet it could have a significant problem with us and if you look at the volatility this that this this -- brought about it's like it when you hear these -- Greece stories what happens well our market tanks well buying opportunity.
When the market goes down we have an -- an opportunity -- When you hear that you know it's.
Panic going off the charts down you know through -- Spain or Italy -- euro's gonna gonna go belly up whatever the case of -- who knows how far this can go nobody knows.
But when you hear that he could have a lot more dramatic impact lot more longing longer lasting impact as well.
So uncertainty is driven investors into US bonds for sure is that -- -- declared you have better ideas.
You now I am not.
I eight I open just let our long term outlook is that we are in a look and -- in a bond bubble -- -- a doubt.
And here's the sad fact everyone thinks that bonds are great investments and you know -- they they are from a stability standpoint.
The problem is with interest rates as low as they are they can go any lower -- they're gonna come up as interest rates go up on prices go down.
Most people don't understand that they can lose money in their bombs or worse yet in their bond funds and they could lose significant value and by the way everyone has bonds and if -- -- Weather and a 401K weather and her ire raised their investments were -- whatever.
They have bonds and they will lose money so that's not the place to go couple quick thoughts on equity sectors tell you defensive here.
You know I think right now if you really look at the play and this sounds counter intuitive.
But the stock play the equity play large cap dividend paying stocks are much better play than the -- -- you think about it.
-- there's less risk in equity.
Let's say large cap equities that are paying great dividends -- Procter & Gamble as things ample that's been paying a dividend.
For last hundred and -- 110 years.
But also has been had an increasing visit dividend for last 55 years increasing every single year even through the downturn of the markets.
It's pay significantly more than a ten year treasury yield there's opportunity there and I think there's I think that's the played American and that's the investment -- for the future -- Campbell thanks so much for joining us.
Absolutely thanks thanks Kelly said that's --
