Where to Invest in 2009: Stocks and Bonds

Posted by: Lauren Young on December 30, 2008

Here’s the next installment of investment tips for 2009 from Chris Dardaman, who has a plethora of certifications including CPA, CFP, CIMA, and PFS. He is the CEO of Brightworth in Atlanta, Ga.


Converting a traditional IRA to a Roth might be a good idea in certain situations, like if a person’s income in 2009 will be lower. The thing to watch out for is the ordinary income tax bite, which lowers the amount the investor will have to invest.

We think commodities still have more downside now, but as they come down, the entry point will likely be just before the global economy starts to perk back up.

We think that high quality U.S. stocks and corporate bonds selectively) both look very attractive at this point.

Most equities should do well in 2009. We are at the historical inflection point in recessions (just past half way) where the stock market usually turns back upward, ahead of the economic recovery, which still may be two to four quarters away.

Reader Comments

The Comicpro

December 31, 2008 12:06 PM

I will bookmark this page and come back on 12-31-2009 to see what really happened. The so called experts have not done a good job of predicting ANYTHING!

reggie

June 25, 2009 11:16 AM

what stocks should i invest into?

Lisa

August 10, 2009 2:32 PM

Is it a good time to buy Ford Stocks?

Lisa

August 10, 2009 2:32 PM

Is it a good time to buy Ford Stocks?

Thomas

August 10, 2009 5:25 PM

It was a better time to buy Ford in March and April. However I believe there is still growth potential. Keep an eye on MGI (moneygram international).

Brent

October 17, 2009 7:17 PM

How does LVS look? Would now be the time to invest in casino stocks?

Post a comment

 

About

Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.

BW Mall - Sponsored Links

Buy a link now!