BREXIT! Market tsunami! What's next? Do the experts know? Societie Generale advises that there is "grave danger of further weakness in the weeks ahead." Yet market guru Mohamed El-Erian says on CNBC that there's quite a few opportunities for those with cash. Who is right? Potentially both. But those who exit the market now may miss a large rebound. Or those who plow cash in may find they have invested just before a further fall. The experts don't know. But if you have the right amount of cash invested in stocks based on your personal circumstances, perhaps you should wait it out and enjoy the upside that can be expected over the next 10 or 20 years.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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