Why I'm nervous about the 2010 market
Big gains make me nervous.
Don't get me wrong; I'm not complaining. I'm just saying that the roughly 60% gain the Beyers Family Portfolio realized in 2009 may not be sustainable. Like others, I've benefited from a stimulated economy that won't be stimulated forever. What's more, the market never really touched historic lows, as my friend Hewitt Heiserman Jr. points out here.
This year, I expect to keep betting on misunderstood growth and great balance sheets for Motley Fool Rule Breakers and for our personal portfolio, but I'm also searching for shorting opportunities. I want to profit if the bear claws again, which I think he will.
How are you prepping your portfolio for 2010?
Tim (TMFMileHigh and @milehighfool on Twitter)