Tags: Kitco | Investors | Casting | Net

Kitco News: Smart Investors Cast Their Nets Wide

By    |   Monday, 16 Dec 2013 07:00 PM

Kitco News asked some prominent investors how they would invest $10,000 in 2014. TheStreet's Stephanie Link, Fox News stock commentator Wayne Rogers and gold bug Doug Casey were among those who answered the call.

For investors looking for creative alternatives to plain vanilla U.S. stocks, their answers offer food for thought.

Link, director of research at TheStreet, said she looks at top-down fundamentals to gain an investment’s potential. “I’m looking for stocks that are kind of growing but that are trading at a reasonable valuation. So I’m not a momentum investor. I’m not a deep-value investor.”

Editor’s Note: 5 Reasons Stocks Will Collapse . . .

Link said she would split $10,000 for 2014 into two pots, investing half in U.S. equities and half in Europe, China and Japan. “I would slowly throughout 2014 take profits in the U.S. and put it internationally, because I think the valuations are much cheaper internationally than they are here in the United States,” she told Kitco News.

Rogers, who played “Trapper John” on the television series M*A*S*H and who is now a panelist on the Fox News investment show “Cashin’ In,” was more specific in his hypothetical 2014 allocation.

He told Kitco News he would put half in hard assets and the other half in oil and gas stocks and stocks that hold hard assets.

“For the next couple of years I would favor real estate, principally because I’m afraid of what will happen when the Fed stops printing money,” Rogers said. “Then you’re going to have some big inflation, so I think precious metals that are usable metals and rare earths [as well],” he said.

Doug Casey, founder of Casey Research and author of the bestseller “Crisis Investing,” said the government “distortion and misallocation of capital” leaves investors no choice but to go further afield than traditional stocks or bonds.

Casey recommended $10,000 for investment in 2014 should be divided three ways: 12-13 percent in gold coins, the same amount in in silver coins, and 74-76 percent in junior resource stocks in precious metals, oil and uranium.

The Wall Street Journal also asked a trio of investment pros about their outlooks for 2014, and there was a note of caution in the responses. They did not bang the table for next year to be as strong for U.S. stocks as 2013 has been, and they were fairly circumspect about the potential impact of Federal Reserve tapering.

Editor’s Note: 5 Reasons Stocks Will Collapse . . .

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Kitco News asked some prominent investors how they would invest $10,000 in 2014. For investors looking for creative alternatives to plain vanilla investments, their ideas provide food for thought.
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2013-00-16
Monday, 16 Dec 2013 07:00 PM
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