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Old 12-08-2012, 01:21 PM   #29
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Join Date: Dec 2007
Location: Saint Louis, MO
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Originally Posted by tock172 View Post
The end of investment? Of course not, but it definitely influences peoples decisions. I follow the financial markets and specificity stocks, commodities and indicators very closely during the work week. Since Obama's reelection, hedge funds, institutional investors and individuals alike are selling off to lock in gains before tax rates increase. This is driving some indicators and stock prices disproportionately low thus decreasing returns.
My clients have been taking gains in an effort to rebalance on the cheap, so to speak. It's important to point out, however, that they aren't going to cash or FI, they're buying back into similar sectors/exposures.

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