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Everybody should be preparing for the fiscal cliff

A phrase that has found its way into our daily lexicon this year is “fiscal cliff.” It refers to a combination of federal government spending cuts and expiring tax cuts that many fear could be a serious drag on the U.S. economy beginning at the start of 2013. These scheduled spending cuts and tax increases… Continue Reading Everybody should be preparing for the fiscal cliff

No silver bullets or one-size-fits-all

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In the past, long-term financial strategy used to encompass keeping a broad-based portfolio to garner moderate risk and moderate returns, said Kevin P. Sullivan, financial adviser with Sullivan & Associates. But much has changed in the economy, and Sullivan & Associates now uses a modified core satellite strategy. “There are risks out there that cannot… Continue Reading No silver bullets or one-size-fits-all

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