2010 ideas - Dennis

As promised on our WGY radio show, our 2010 ideas. As we frequently say, consult your own investment advisors to see how these ideas might or might not work in your own portfolio. We are applying for that job by the way!
2010 Ideas - Dennis:
1. Loomis Sayles Bond Fund (LSBDX) - this strategic fixed income fund has consistently (with the exception of 2008) gotten it right. Dan Fuss, the fund manager, places bets on fixed income markets he views most undervalued. This fund (unlike many bond funds) has the ability to perform in a rising interest rate environment.
2. Exxon (XOM) - the oil behomth’s acquisition of XTO Energy makes sense to us given its nat gas exposure. With the pullback in the stock some 5-6% last week, investors are offerred  a discounted entry point. A 2.4% dividend and a company that uses its financial wherewithal wisely, we beleive Exxon is well suited to benefit in a world likely to use more and more energy over the coming years.
3. MidCap Spiders ETF -(MDY)- this exchange traded fund purchases the S&P 500 minus the top 100 companies. This strategy might make sense with a dollar that has been strengthening. Midcaps have underperformed over the past two months and using an etf gives us a diversified position in the midcap market.

This entry was posted on Monday, December 21st, 2009 at 9:23 am and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.