What happens if Cyprus really does set off a global contagion, as so many have feared other euro zone events would? If so, the best defense would be to diversify, ensure your portfolio is balanced and not over-weighted, and to focus on high quality companies.
We’ve only a few more weeks to wait before Personal Finance portfolio companies begin reporting their calendar first quarter 2013 earnings. At that point, we’ll see how our favorites are faring in an economy with many hopeful signs, but also facing the uncertain impact of higher taxes and reduced government spending.
Read the complete article at Investing Daily here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.