Updated: November 30, 2015
If you’re looking to make double-digit gains on your portfolio in 2016, don’t take your cues from the usual forecasters. They won’t actually tell you where to put your money anyway (as they supposedly save this inside information for their top clients).
Investment bank UBS is calling for a 1.5% gain in the S&P 500. Goldman Sachs Group (GS) sees a measly 1% rise.
But there’s always a bull market in some issues, and numerous studies have shown where to profit from them. Buy companies that pay—and preferably raise—their dividends. Even better if they also buy back their own shares.… Read more