Ten money-making tips for 2016
As Jim Cramer of CNBC’s Mad Money always says: “There’s always a bull market somewhere.” In the spirit of that bullish way of viewing markets in both good and not-so-good times, here are 10 investment ideas that panelists from USA TODAY’s 2016 Investment Roundtable say can help you build a winning portfolio in 2016.
1. FOCUS ON INDIVIDUAL STOCKS. If David Kostin of Goldman Sachs is right and the broad S&P 500 stock index posts flat returns next year, owning an index fund that tracks and mimics the performance of the large-company stock gauge may not be the most profitable strategy. To increase your odds of posting double-digit percentage gains next year, pinpoint individual names that have what it takes to outperform the S&P 500.
2. LOOK BEYOND FANTASTIC ‘FANG’ STOCKS: Tech stocks Facebook, Amazon,Netflix and Google got so hot, so hyped and so dominant that they earned the acronym “FANG” stocks. The big four also posted big gains this year — so sizable, in fact, that they were responsible for most, if not all, of the gains in the market-cap weighted Nasdaq composite. Next year, however, tech leadership is not likely to be as narrow, says Josh Spencer, manager of the T. Rowe Price Global Technology Fund.
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