CEO of Hobart Financial Group, A Leading RIA Provider, Stresses Active Portfolio Maintenance on CNBC Asia

Chris Hobart, the CEO of leading retirement planning company Hobart Financial Group, discusses why investors should be actively maintaining investment portfolios and what to look for in the volatile economy on CNBC Asia.

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Bohemia, NY (PRWEB) December 09, 2013

Chris Hobart, the CEO of Hobart Financial Group, a leading retirement planning company, details why investors should be actively maintaining investment portfolios and what to look for in the volatile economy during his latest segment on CNBC Asia.

While many analysts worry that the stock market could crash in the aftermath of the government shutdown and the end of the year, Hobart says the market is not necessarily at the point of crashing, but he still advises investors to be cautious. “The DOW has been hitting high,” he says during the November 25, 2013 CNBC Asia segment. “I think we’ve had 42 record highs for the DOW this year, so I wouldn’t necessarily say that the market’s going to crash, but we are very mindful that the fed is starting to talk about that tapering more seriously.”

According to Hobart, a renowned RIA and market expert, the federal government has been pumping a lot of money into the economy, causing interest rates to drop and market activity to rise. “It’s a perfect storm for the market to be going up,” he says. “However, I do think that when the federal government hints that they are going to be pulling back, we are going to see a pullback in the market.”

Hobart says investing in the right companies is the only way to ensure your portfolio won’t take a big hit. It’s important to pick companies backed by hard assets like real estate and companies that pays solid dividends. Investors have to actively maintain their portfolios and move assets to protect themselves from volatile market changes.

Hobart Financial Group is an independent North Carolina financial advisory firm dedicated to personalizing service with uncompromising integrity. Its focus on comprehensive, tax-advantaged plans help to provide sound preservation of capital, growing income and increased returns with reduced risk. Chris Hobart, founder of Hobart Financial Group, understands that true wealth means being able to share your life with the people you love, free from financial anxiety. Hobart Financial helps Carolinas’ retirees preserve and protect their wealth with comprehensive financial retirement planning and wealth management.


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