Forbes has some thoughts on investments for the coming year.
It’s getting to be that time of year again–the time to look at how your investments did and decide which you want to hold for next year and which you’re better off selling. Investors should talk to their investment advisers and accountants and evaluate their short-term and long-term capital gains and losses before they decide what to sell at the end of this year. Look to the health care sector, consumer staples and investments in Brazil as strong prospects for 2010. Stephen Roseman, head of hedge fund Thesis Capital, says health care is a sector to watch for next year. “Selectively, there are very interesting opportunities presenting themselves in health care as some companies’ stocks haven’t participated in the rally due to regulation-related fear,” he says. Investors who do their homework in this sector could find some good buys. – From Forbes
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.