Escalating fears that the U.S. government may partially shut down has led to selling in Asian and European stocks and led to a drop in U.S. stock futures. But the uncertainty could lead to a perfect buying opportunity and an ideal route back into this year's stock market rally, according to one money manager.
Forty five percent of CNBC readers who voted in an online poll on Monday said they would go short the S&P 500 because of the looming government shutdown. But Michael Yoshikami, founder and CEO of Destination Wealth Management, told CNBC that he's biding his time in the hopes of getting back into the market.
(Read More: As US shutdownlooms, how will you trade S&P 500 ?)
"It's an opportunity," he said. "In the end you still have a market that is, at worst, fairly valued and you have nowhere else to go. If you are into fixed income you are losing money. Money market here makes nothing."
Yoshikami believes the shutdown is just posturing and said investors should buy some blue chip stocks if there is softness in the market this week.
U.S. politicians have been unable to reach an agreement on budget spending and face a deadline of midnight on Monday, after which the government will shut down, resulting in 800,000 federal employees being put on temporary leave.
(Read More: US budget uncertainty may limit gold's decline)
The Republican-controlled House of Representatives early on Sunday passed a measure that ties government funding to a one-year delay of President Barack Obama's landmark health care restructuring law, also known as "Obamacare".