Hi Everyone,

As 2010 comes to an end, I wish to remind you that 1099 and other year-end statements won’t be mailed out for several more weeks; however, gain/loss and cost basis type of calculations are easily handled on the investments we manage. If you want some preliminary work done, please let me know.

Jeffrey Kleintop, CFA and Chief Market Strategist for LPL Financial contributed the following for us this week:

“Recent years have seen extremes one way or the other. We see a “middle-of-the-road” 2011 that offers investors modest single-digit gains for stocks, low-to mid-single-digit gains for bonds and an economy in the United States that muddles along at a 2.5 to 3% pace.”

Susan’s Take on 2011 – I agree that 2011 is likely to be less dramatic than recent years, I will be looking to boost the aforementioned modest gain projections by focusing on the following sectors: Science & Technology, Global High Yield Bonds. This coming year is likely to be one in which I actively take profits as earned and look for innovative ways to reinvest them. Other areas that may become a focus are: Global Health Care, Commodities, and Energy Technology.

Since many are still enjoying some down time until around January 3rd, I thought I would share my holiday reading list:

The Big Short by Michael Lewis

Cleopatra by Stacy Schiff

Brain Rules by John Medina

Happy New Year To All !


Important disclosures: International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. Because of their narrow focus, sector investing will be subject to greater volatility than investing more broadly across many sectors and companies. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values and yields will decline as interest rates rise and bonds are subject to availability and change in price.