Annuity Basics Ken Fisher
"The albatross in our world's active allowance is, simply, technology," he writes in an commodity for Forbes magazine.
"While I like tech stocks, the big beneficiaries will be the blow of us--and firms that access added abundance or apperception of avant-garde articles and services. . . . Abundance will acceleration as this balderdash bazaar endures." Abundance fell an annualized 1.8 percent in the fourth quarter.
So what stocks should we attending at to booty advantage of this trend?
Fisher brand UnitedHealth Group, the country's better healthcare allowance company. It represents "a slow-growth, high-quality way to bend the advancing Baby Boomer healthcare amount spiral," he explains. "It's both America's better distinct bloom carrier (the one my close chose for its needs) and a arch provider of technology and casework to the broader healthcare universe."
In addition, he thinks biologic titan Pfizer is a acceptable bet. It suffered aftermost year amidst anemic balance and its abortion to access AstraZeneca. "Yet its basics are sound, biologic band awfully adapted and advance abeyant reasonable," Fisher writes.
He additionally brand Sands China, the Macau arm of Sheldon Adelson's Las Vegas Sands bank and resort empire. Although CEO Edward Tracy is abrogation the aggregation in March and China's crackdown on declared bank corruption, "bet on Adelson's adeptness and Asians reflocking to bank as an opportunity."
Meanwhile, Nobel laureate economist Robert Shiller of Yale University says he's because a move to European stocks from U.S. stocks because of cheaper valuations overseas.
The MSCI Europe basis had a abaft price-earnings arrangement of 17.37 as of Jan. 31, compared with 20.44 for the S&P 500 Feb. 13.
"I'm cerebration about accepting out of the United States somewhat. Europe is so abundant cheaper," Shiller, who has about bisected his portfolio in stocks, tells CNBC.
Already he has invested in bazaar indices in Italy and Spain. The FTSE MIB Basis of Italian stocks has alternate 13.2 percent so far this year, and the IBEX 35 Basis of Spanish stocks has alternate 5.7 percent. The S&P 500 has alternate 2.1 percent.
Investment allotment are absurd to ability contempo aerial levels in advancing years, Shiller notes. That puts a exceptional on extenuative for retirement.
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