November 20, 2009Setting-Up a Winning Portfolio for 2010Jim Jubak, MSN Money | |||
Many investors are deeply suspicious of the 60% run-up in stocks this year and are itching to sell. But then what? Here's how to take some gains now while setting up a profitable 2010. Feeling twitchy? Your portfolio is probably full of stocks trading at 52-week highs, and a correction seems overdue. I'll bet you've thought about selling. How to read a company balance sheet What to do? Let me lay out a three-part strategy for you and suggest a few stocks with strong fundamentals and good upside potential in 2010.1. Build a cash management plan -- and put it to use There's a huge difference between sitting out a nasty correction with all the money you had budgeted for college tuition, an annual tax payment or the down payment on a house safely in cash and having to... TAGGED: Jim Jubak RECOMMENDED ARTICLES
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