The Investment Scientist

Posts Tagged ‘greece fiscal crisis

In the last few days, news of Greece’s bankruptcy has rattled the markets.  Pundits are predicting a spiraling debt crisis spreading to other PIIGS (Portugal, Ireland, Italy, Greece, and Spain) countries. Investors are worrying out loud that the crisis is going to sink their portfolios, again.

Not if they have a balanced portfolio.  Here is why …

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Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC.

Twitter: @mzhuang

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