Tag Archives: Morgan Stanley Quality Muni Securities
In this month’s visit, I’ll show you how to make the most of the opportunities, while avoiding the pitfalls. On the stock side of our portfolio, we’re concentrating ever more intently on low-risk names with high dividend yields—the ultimate badge of honor. I’ve got a new pick for you that has tripled its dividend in less than two years. That’s the kind of growth that will let you sing and dance through Wall Street’s periodic anxiety attacks.
In this month’s visit, I’ll show you how to fatten your portfolio regardless of who wins. Hint: Both candidates will grapple with the same set of economic challenges in 2005, so you can make a tidy fortune if you understand what those are (and how they’re likely to be dealt with). We’re already preparing for the road ahead by pocketing profits of more than 90% on our small-cap stocks while shifting cash into bonds, high-yielding blue chip stocks and even a low-risk “hedge fund.”
The stock market is ready to try for another rally. But don’t expect anything big just yet. Now is a time to beef up your holdings of bonds, not stocks.
First, why should we expect at least a small stock rally here? Because the market’s downside momentum is ebbing. One of my key short-term indicators compares the current level of the S&P 500 index against its 10-day moving average.