Wednesday, November 05, 2008

The Reality of Change, part 1

Even though the electorate was happy to chose a socialist as our President, investors who want to maximize returns on their investments will not be so giddy. As the threat of a capital gains tax and income tax increase for the upper middle-class bracket has now become reality, many investors will be looking to liquidate and cash out on their assets before those new rates are even on the table, because by then it will be too late to sell for the best price. This will compound the cyclical low that December selling usually brings. It's going to be a bumpy winter...