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FYI: The S&P 500 is up a shade more than 10% for the year. If it can hold those gains – and the market is already in Santa-Claus rally mode – then that would mark three consecutive years of double-digit percentage growth. But one look at the sector breakdown should give the bulls pause. Regards, Ted http://blogs.wsj.com/moneybeat/2014/11/13/morning-moneybeat-a-utilitarian-stock-rally/tab/print/
Perhaps, there will be new leadership, within the sectors, for 2015 ... Seems, the defensive sectors of health care, consumer staple and utilities have been the three big winners thus far for 2014. Not surprised ... as they generate good yield ... and, most folks today want a good yield. Look at some of the large cap tech's that have started to pay dividneds. Years back they would never have done this, with perhaps, the exception being IBM.
My late father use to remind me often that yield generating stocks may go out of favor from time-to-time but they want go stale like the others. And, when the market pulls back they will still be around paying you a dividend where you can find patience awaiting the turn around. In capital appreciation ... Well, you might be looking with your hand extended for some time hoping some crums might come your way. With this, my family's portfolios have been built around diverisfied income generation for years with a goodly amount to the dividend paying stocks over fixed income.
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Perhaps, there will be new leadership, within the sectors, for 2015 ... Seems, the defensive sectors of health care, consumer staple and utilities have been the three big winners thus far for 2014. Not surprised ... as they generate good yield ... and, most folks today want a good yield. Look at some of the large cap tech's that have started to pay dividneds. Years back they would never have done this, with perhaps, the exception being IBM.
My late father use to remind me often that yield generating stocks may go out of favor from time-to-time but they want go stale like the others. And, when the market pulls back they will still be around paying you a dividend where you can find patience awaiting the turn around. In capital appreciation ... Well, you might be looking with your hand extended for some time hoping some crums might come your way. With this, my family's portfolios have been built around diverisfied income generation for years with a goodly amount to the dividend paying stocks over fixed income.
And, so it goes ...
Old_Skeet