December 7, 2022

Economic Backbone

2020 wealth management advice for Floridians

| 3/25/2020

Florida Trend asked money managers around the state how investors should move forward during this extended bull market. Most investors have been buying U.S. large-cap growth stocks over the past several years. But with those stocks trading at price-to-earnings above historical averages, Stephen Curley recommends shifting portfolios to value and international stocks.

“I’m not advising anyone to sell off all of their U.S. large-cap growth stocks, but value and international stocks are fairly priced relative to history, and you should consider strategically allocating to them,” he explains. He notes that the dollar has appreciated considerably over the last decade, which is why international stocks have lagged U.S. stocks. Investors “don’t want to be in the position where you don’t own any international stocks when that reverses.”

This story also features: William Merriam; Steven Curley; Bill Hustead; Kevin Ryan; Jose Remy; Filipe Lemos; Carlos Lowell; Michael W. Landsberg

 

Want to read the whole article?
Select from the following options:

Tags: Banking & Finance, Wealth Management, Feature

Florida Business News

Florida News Releases

Florida Trend Video Pick

Miami Art Week
Miami Art Week

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Is it your opinion that the coronavirus pandemic has ended in the United States?

  • Yes
  • No
  • Unsure
  • Need more information
  • Other (Please share your comments in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2022 Trend Magazines Inc. All rights reserved.