Take a Hard Look at Hard Assets

As we enter the fourth quarter with the myriad concerns for the rest of the year (Europe, the presidential election, the fiscal cliff, etc.), I am assessing the overall composition of my portfolio and how it is likely to perform for what I see coming in the year ahead.

Given the continuing extremely loose Federal Reserve policies that continue to pump liquidity into the markets, anemic job growth and an economy that is barely able to maintain slightly higher than stall speed, there is a high probability of much higher inflation and possibly even stagflation in the years ahead. In this sort of scenario, investors should direct their attention to hard assets (real estate, energy master limited partnerships, etc.) that throw off yield and increase their payouts in a consistent manner....380 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.