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Thursday April 24th 2014

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Fiscal Cliff Fears Have Investors Inundating Financial Planners

December 31 is the day when the tax cuts passed during the the George W. Bush presidency are set to expire. It is also the date when deep cuts to federal spending are scheduled to take effect. The term “fiscal cliff” is being used to describe the situation, and it is being talked about non-stop in the media. Inside the office of Rosenthal Retirement Planning in Ft. Worth Texas, many clients are weighing whether it’s time to sell stock in favor of cash. Not everybody wants to sell it all off, but lots of them say it’s time to be less aggressive. many of Rosenthal’s clients are asking for advice about how the hikes could impact the market, the economy, and their own portfolios according to a recent report from wfaa.com.