Top strategies for boosting your beaten-down portfolio from Canadian
Business magazineTORONTO, Jan. 23 /CNW/ - A stimulus package. Barack Obama. Low interest
rates. The ammo is in place to shoot down the recession, but now we need the
boom. As forces work to generate a recovery, Canadian Business magazine looks
at how soon we can expect an upturn. The good news is that it probably won't
get any worse. And while the economy crumbles, some of the latest talk on the
street is that if everything goes according to plan, the investment markets
are actually in for a boom before the rest of the economy bounces back.
Canadian Business explores what investors can expect in 2009.
Plus, Canadian Business magazine also speaks to some of the top fund
managers in the country who present the eight best strategies for getting your
portfolio back in the pink.Three tips for getting your portfolio working for you again:
1. Worship the dividend
Dividend-paying stocks cannot be praised enough. But investors
need to be picky about which sectors they choose.
2. Know when to get out
Whether a stock is going up or down, it's important to sell at the
right time - and there are tools to help determine when that is.
3. Use a little psychology
Investing in stocks tied to ingrained human behaviour - such as
smoking - can light up your portfolio.
ALSO IN THIS ISSUE:
- For those with a stomach for risk, these cheap stocks have upside
- How to get a grip on your finances: tips from the expertsFor more strategies and tips, get Canadian Business magazine on
newsstands starting January 22, or go to canadianbusiness.com.
About Canadian Business magazine:
Founded in 1928, Canadian Business is the longest-serving, best-selling
and most trusted business publication in Canada. Canadian Business stands
alone as the business magazine in Canada with 100% paid circulation. With a
readership of more than one million, the magazine is published every second
Monday, except in January, July and August, when monthly issues are published.
Special annual issues of Canadian Business include the Investor 500, the MBA
Guide, the Rich 100 and the Best and Worst Boards. Visit