Tags: | predictions | dividend | choice

Predictions for 2013

By    |   Friday, 07 Dec 2012 07:43 AM

We are having our annual group conference call here at Newsmax in a few days where we discuss our investment predictions for 2013.

Last year I hit on 10 of the 12 predictions I made, and the two I missed on were not about stocks themselves. On ones that were about equities, I got a perfect score.

I predicted Apple's dividend, the mortgage settlement with the states and I chose a stock that beat the Standard & Poor’s 500 by more than 50 percentage points.

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

I say this not to brag, but to simply give you some reference.

I can honestly tell you that my prediction for 2013 is that I can't make any predictions.

I don't know what the tax rates will be, what if any effect Obamacare will have on the economy and I have no idea what the current budget discussions will yield.

And neither does anyone else, despite the pundits who claim to have it all figured out.

If we have a deal that lowers tax rates and reforms and cuts the corporate tax codes and deals with entitlement spending to preserve the social safety net of Medicare, Medicaid and Social Security, then I would feel confident.

But while possible, my guess is that it is highly unlikely.

Of course, my Dividend Machine newsletter's conservative portfolio will outperform the market no matter what Congress and the president end up deciding.

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

It deplorable that the "rules of the game" for 2013 are not decided yet and a recession is possible if the "wrong solution" is decided.

In the three years I have written here, I have never once sold "doom and gloom" or was downbeat on the U.S economy.

A wrong "choice" by our elected officials could change that.

About the Author: Bill Spetrino
Bill Spetrino is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He is also the editor of the Dividend Machine. Discover more by Clicking Here Now.

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BillSpetrino
We are having our annual group conference call here at Newsmax in a few days where we discuss our investment predictions for 2013. Last year I hit on 10 of the 12 predictions I made, and the two I missed on were not about stocks themselves.
predictions,dividend,choice
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2012-43-07
Friday, 07 Dec 2012 07:43 AM
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