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Kitco News: What Smart Investment Pros Are Recommending for Next Year

By    |   Thursday, 12 December 2013 07:59 AM

Kitco News asked some very savvy investors to pick their winners for 2014, including "Currency Wars" author Jim Rickards, Gartman Letter publisher Dennis Gartman and "Rich Dad, Poor Dad" author Robert Kiyosaki.

To a surprising degree, plain vanilla stocks and bonds were not the biggest part of their recommendations by far.

Rickards, who is also senior managing director of Tangent Capital, prefers to focus on global trends rather than analyze individual stocks. He regards himself as a long-term gold bull.

Editor’s Note:
See Sean Hyman Explain His Biblical Money Code for Investing


If he were given a lump sum of $10,000 to invest, Rickards told Kitco he would allocate it toward 20 percent gold, 20 percent real estate, 20 percent cash, 20 percent fine art, and 20 percent hedge funds.

His primary avoids in 2014 would be equities in general, with the exception of companies that own energy, agricultural and transportation assets.

Gartman regards himself as an investor who focuses on both fundamentals and technical factors.

His allocation of $10,000 for 2014 would be 10 to 15 percent Apple stock, 10 to 15 percent gold in yen terms, 10 to 15 percent Japanese stocks and 55 to 70 percent dividend stocks.

"I would probably avoid owning the bond market, interest rates are extremely low, I doubt they're going to get any lower," Gartman told Kitco.

Kiyosaki, author of the popular "Rich Dad Poor Dad" a book that advocates amassing high-value assets, said he rarely invests in the stock market, bond market or other traditional investment avenues.

If he were given a lump sum of $10,000 to invest in 2014, Kiyosaki said he would divide it among 5 percent equities, 40 percent real estate, 25 percent precious metals, 20 percent oil and 10 percent cash.

"I would definitely avoid paper assets such as stocks, bonds, mutual funds and ETFs [exchange-traded funds] and the reason is these are paper assets, not real assets," he told Kitco.

Many analysts believe a "Made in the USA" stock investment theme would be a powerful one for 2014, The Wall Street Journal reported. In this strategy, investors would benefit from the U.S. manufacturing rebound.

Through November, industrial-sector stocks have outperformed the S&P 500, gaining 34 percent versus 29 percent for the index, including dividends.

"Middle America," Liz Ann Sonders, chief investment strategist at Charles Schwab & Co., told The Journal, "is our favorite emerging market."

Editor’s Note: See Sean Hyman Explain His Biblical Money Code for Investing

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Kitco News asked some very savvy investors to pick their winners for 2014, including "Currency Wars" author Jim Rickards, Gartman Letter publisher Dennis Gartman and "Rich Dad, Poor Dad" author Robert Kiyosaki.
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Thursday, 12 December 2013 07:59 AM
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