Billionaire Ken Fisher is out with some advice on how to prepare your portfolio in 2018.
First up, remain overweight foreign stocks vs. U.S. stocks.
He suggests a portfolio with material exposure to U.S. stocks, but well under 50%.
Meanwhile, the S&P 500 is up almost 20% this year and that’s in-line with what’s traditionally seen in a bull market, according to Fisher, who is Chairman of Fisher Investments.
“This year in the U.S. stock market is the average annual return of a bull market in history,” Fisher said in an interview with TheStreet. “It’s not an above average year – people forget that.”
Sign up for ActionAlertsPlus.com today for exclusive insight into Jim’s charitable portfolio: https://buff.ly/2mfp4Vy
Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV
For more content from TheStreet visit: https://www.thestreet.com/
Check out all our videos: http://youtube.com/user/TheStreetTV
Follow TheStreet on Twitter: http://twitter.com/thestreet
Like TheStreet on Facebook: http://facebook.com/TheStreet
Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet
Follow TheStreet on Google+: http://plus.google.com/+TheStreet
source