Maybe It's Time to Look Abroad
In the midst of Wednesday's 300-point rally, it struck me: What if Jan. 2's performance represented the best rally we'd get in 2013, not just in point or percentage terms but in the indices themselves?
It's not an idle thought: We've had a terrific run in stocks since the bottom of the financial meltdown in early 2008, moving the S&P 500 from 670 to over 1450 on Wednesday. As we have come into the new year, I've been thinking about how to reorganize my portfolio, and the thought that I've made a ton of money being long U.S. stocks in the past four years has me, as the song goes, "looking for love in all the wrong places."...370 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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