Top-performing fund manager who takes big risks says stay invested in US stocks

, among others. These three stocks are all outperforming the S&P 500 this year, gaining 19.8%, 35.3% and 17.5%, respectively.

"It's one of the best-performing funds in the category, but it's also one of the most risky. In cases of market drawdowns, this fund is likely to underperform peers," said Thomas Lancereau, an analyst at Morningstar. "In 2008, for instance, the fund lost 45%."Patel said investors should remain overweight U.S. assets relative to the rest of the world, noting looser-than-expected monetary policy from the Federal Reserve will keep driving corporate earnings higher.

"I was actually shocked when they raised rates in December," Patel said. "Then you saw what the market did."

Capitalists use corrupt politicians and a police state to enforce slave labor and suppression of organizing by consumers and workers. Makes it easy for the born wealthy to become wealthier for doing nothing to earn it. Capitalism Enjoy

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Massive Saudi wealth fund zeros in on China, but US remains its top investment targetThe Saudi Public Investment Fund (PIF) is one of the Middle East's largest, with some $300 billion in assets under management and an aim to increase that to $2 trillion by 2030. HamoudRumayan حي والله هالعين...
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »