
President Obama outlined his plan to cut the debt on Monday and Republicans began attacking parts of the plan right away. Political reporter, Shaun Boyd, checked in with Robert Alexandrovic, CFP® and Client Relationship Manager at Brown & Tedstrom, Inc. about what wealthy investors are thinking about all of this.
Why stocks are your best investment right now.It's fairly simple. "There are just not that many choices," says Mark Brown, Managing Partner of independent money management firm Brown & Tedstrom Inc. Brown points out in the accompanying news clip that, outside of equities, it's hard to keep up with the rate of inflation. Plus, America's businesses are healthy, even if the middle class is not participating. "Corporate America's never been stronger," Brown says, citing strong earnings, strong balance sheets and reasonable stock valuations.
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