Weekly comments on investing and the economy:
1) A sustainable global recovery should bring rise to the transportation sector after it has been through much consolidation. The growth potential of these companies may outweigh the risks associated with rising oil prices.
2) The fourth quarter is a time for looking ahead. Develop strategies around investing in sectors that may do well in 2011. Ask “What needs to happen to bring the quality of life up around the globe?”. Chances are that is where the money will flow.
3) Health care and energy demands are real. There is no use fighting over methods and delivery of these services. When investing, go where the talent is and where that talent is being fairly compensated.
4) Don’t forget to take your required minimum distributions from all IRA accounts if you are over 70 1/2 years of age.
Until next week . . .
Susan R. Linkous