Q: We hear so much about the “fiscal cliff”, what changes should an investor make to avoid this financial meltdown?

A: If an investor already has a reasonable investment strategy that reflects their risk tolerance and time horizon, you probably should not make any changes, nothing dramatic anyway.

My opinion: You should have regular reviews with your Certified Financial Planner® and share your concerns. For non-retirement accounts, I feel that tax-free investments need to play a bigger part of the portfolio. For retirement accounts, I am looking at mutual funds that have a lot of consumer staples, in other words, companies that we will all spend money with no matter what the circumstances are.

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