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the fiscal cliff is an event, that may or may not have long term implications. Do you think you should change your long term plan based on an event? Are you planning to retire in the next 5-10 years?
Here is a crappy analogy - If there is an oil spill in the area you fish, do you sell all your fishing gear and buy golf clubs?
No, fishing is a long term pursuit and you may have to adjust your plan for the short term, but eventually you'll be back in your area fishing.
The real question should be are you investing in the right areas for the long term, not whether you should cash out and wait. and this is an extremely rare time when I agree w/Spence
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