With the fiscal cliff avoided in some ways and postponed in others, the markets reacted with a huge initial rally. Is this the time to alter some of your positions? In this video, Motley Fool financials analysts Morgan Housel and Matt Koppenheffer discuss how risky it can be to try to time the market by making investment decisions on these macro political events rather than investing for the long haul in good companies. They also tell us a bit more about what exactly the next couple of months will look like because of the fiscal cliff deal.
Fool contributor Matt Koppenheffer owns shares of Bank of America. Fool contributor Morgan Housel has no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America, Citigroup Inc , and Wells Fargo & Company. Motley Fool newsletter services recommend Wells Fargo & Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.