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Beverly Hills Wealth Management CEO Margaret Black-Scott on how investors should adjust their portfolios for the uncertainties of the fiscal cliff.
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So -- the markets meet.
For -- volatility down 17%.
In the markets charging ahead not having much of the negative reaction at all -- the looming fiscal what's so where is the disconnect.
Between main street and Wall Street over the uncertainty of a deal in Washington -- and how precious Israeli matter to you should you be preparing joining us now on a Fox Business exclusive from Los Angeles is -- plus -- Beverly Hills wealth management founder.
And CEO what and that there is an obvious disconnect because right now if you look at the markets says Wall Street at least for the moment because it's their right thinly traded market today.
Think about the fact that we are charging ahead and get we could see some pretty severe spending cuts or not I mean we just don't know if there's a deal yet but it looks pretty positive at the moment.
Well we don't know yet -- this -- -- -- we've been talking about this for months on end and I think that the average investor is so out of disinclined to worry in many respects in other respects -- it will affect all of us.
But you don't hear what the spending cuts are going to be you don't know exactly what we're going to see in the way at different taxes it might be a good opportunity.
-- -- -- block two to buy that stock it's generally good for trade to the low twenties is about eighteen right now.
But what you need to do as an investor is take a look at your own fiscal -- are you really truly.
In the shape that you want to be in what should you be doing how do you do in 2012.
What you -- be doing in 2013.
And stop and take.
Count of how you personally are doing you voted on November the sex so that you did everything you could do about Washington DC not.
Take a look at your own fiscal -- in your house.
And let's say you do -- and you say -- I feel like risk should be on at the moment occupy crowd of about 2013 let's talk about stocks because I tweeted that you were gonna have six stocks.
That people should be looking up right now let's put the first three at the moment and they also carries similar target.
Wal-Mart and you know -- when you're looking at some of these names you -- target Wal-Mart Costco wiped out all three of these -- not just one of them.
Because -- for different reasons each one of them.
Has got some strength so the other one doesn't have.
Won't -- to -- in order to expand has has been been taking some black guys here recently but we think that they have Bakken play again now.
People are very concerned about getting good value for money each one of these still was -- these behemoths.
Offer -- you would tremendous opportunity.
Full value for your dollar math so we like that was big cut.
