Could Greece's Bailout Affect Your Portfolio?

STUDIO CITY (CBS) — This week, a bailout agreement was announced for Greece.

And on Sunday,  Germany said it will back the new rescue package when Parliament votes on the measure Monday.

The bailout involves an unprecedented debt reduction and debt exchange.

So could this impact your portfolio?

Financial expert Jeffrey Harwood CFA, CFP® of Ventura Advisors appeared on KCAL9 News at 8 a.m. Sunday to discuss this and more.