Finance expert Mike Periu on What Obama’s Re-Election Mean for Investors?
With the 2012 elections now over, one major unknown for investors has been answered. Obama’s re-election will have a significant impact on many industries and investors need to take this into account when making investment decisions.
It is now likely that income tax rates on dividend income will increase dramatically. This will hurt stocks, like utilities, that investors seek out for their dividend income. Technology companies, which typically don’t pay dividends, won’t be impacted by this and will likely continue to perform as expected. Energy and financial services sectors can now expect a continuation of increased regulations, which will impact future growth and stock prices for companies in these sectors.
Who is Mike Periu?
Mike Periu is the President of Proximo, LLC, a company that markets education and training programs to small business owners, entrepreneurs and consumers.
Mike Periu has been interviewed over 500 times for broadcasters including CNN, NBC TVE, RTE and others. Mike is a contributing author to OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike graduated from Georgetown University in Washington, DC. His degrees are in Finance and International Business. In addition to his work Mike is also on the Board of the Council for Economic Education.
A little about Mike Periu
Periu founded Proximo, LLC nearly 15 years ago. The company provides small business education and training services with an emphasis on finance and technology.
Periu teaches empowerment through entrepreneurship and economic opportunity. He regularly appears on television and radio talking about these subjects.
Periu also writes for leading blogs about finance. These include: American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Periu studied Finance and International Business at Georgetown University. He is a Board member at the Council for Economic Education.
