Back to the Past For a Perfect Portfolio
BOSTON ( TheStreet) ugg classic short sparkles boots black multi Building an investment portfolio can be as much art as science. Crunch all the numbers you want, but when all is said and done there's no way to time the market perfectly, predict big winners, foresee disappointing losers or be prepared for unexpected shifts in sector performance.
The task would be so much easier if one could just travel back ugg bailey button triplet 1873 chestnut boots in time UGG Boots Clearance Sale to the start of the year and build a forward thinking portfolio based on what we now know. A benefit of this fantasy strategy is that decisions exist in a one year vacuum there's no need to worry about whether stellar performances can keep up their pace next year.
Blessed with 20/20 hindsight, we would know interest rates remained at rock bottom and fears of inflation were unfounded. We'd know that even though inflation never crept back upward, a hedge against it buying gold proved very profitable. We'd know that a rough year was in store for even such corporate stalwarts as(JNJ ), that goofy rubber shoe maker(CROX ) was poised to be a moneymaker and that fleeing anything having to do with(BP ) was crucial.
There were plenty of high flying stocks to fill the equity slot in a successful UGG Boots Clearance Outlet 2010 portfolio, including a few surprises.
William Shatner's stock options are more valuable than ever with(PCLN) up more than 85% for the year, trading at $407.50 as of Dec. 29.
There was also the aforementioned , with a stock price that was up nearly 207% year to date. A competitor of sorts,(DECK), maker of the teen fashion rage that is Ugg boots, is up $145%, priced this week at around $83.
Is post recession frugality keeping people at home for dinner? Not when their restaurant option is(CMG ), up 150% for the year.(NFLX ) made a big jump into the pool of media giants with a more than 233% jump this year.(CRM ) is up more than 80% for the year, currently hovering near $133 a share.
Certain technology stocks would also need to make their way into our classic short sparkles ugg boots clearance portfolio.(AAPL ) nearly 55% boost this year makes it a safe big name to have on board. The lesser known(RVBD), which makes equipment and software maximizing network performance, is priced at about $35 as of this writing, a year to date spike of nearly 198%.
Financial services stocks would include some of the smaller names in the space that had great years, including: