THINK YOUR INVESTMENTS ARE DOING GOOD? FULL CIRCLE HOMES WILL PAY YOU 12% ON YOUR MONEY AND YOUR INVESTMENT WILL BE SECURED TO REAL ESTATE BY A DEED OF TRUST. Dire predictions of market collapses and economic gloom in 2012 have so far proven overly pessimistic. But what should investors do to continue making money the rest of the year? In January, many expected Europes debt woes to spread from Greece to the rest of the euro zone, Chinas economic growth rate to falter and the U.S. to be once again gripped by a midyear market scare, if not necessarily one triggered by a debt-ceiling debate and a debt downgrade. Given those concerns, many investors predicted the price of U.S. Treasurys, which do well when investors are fearful, would rise and the price of stocks and other risky assets would fall. Treasury prices did indeed rise, while their yields, which move in the opposite direction, fell to record lows. But the Standard & Poors 500-stock index has gained nearly 14% so far this year, while high-yield junk bonds have returned nearly 10%. In fact, most major asset classes are in positive territory for the year. Behind the solid performance: European policy makers have been proactive in dealing with the Continents problems, the decline in Chinas growth rate might be coming to an end, and the U.S. economy hasnt slipped into a recession. Yet substantial uncertainties remain, ranging from the Federal Reserve decision on whether to launch another round of bond buying, Chinas leadership transition and Europes wobbly single-currency zone. To top it off, the U.S. elections in November could determine whether taxes rise or fall next year, and whether budget cuts will take a big chunk out of the gross domestic product. There are a lot of stresses in the global marketplace and events that could lead to volatility, says Phil Sharkey, head of investments for the New York metropolitan region at Citi Private Bank. You have an opportunity to look at where...
Posted on: Fri, 18 Oct 2013 14:41:46 +0000
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