Financial Planners Offer 2010 Investment Advice

Short term bonds and large cap stocks are among the most recommended investments

By SHARE

Short term bonds and large cap stocks are among the investments financial advisers are recommending most in 2010. But outside these two favorites, a recent survey of 421 financial planners who are members of the American Institute of Certified Public Accountants found a wide variety of investment advice. The professional association of CPAs asked its members to name up to three instruments they are most often recommending to clients in 2010. Their responses:

  • Short term bonds (40 percent)
  • Large cap stocks (36 percent)
  • Emerging market funds (23 percent)
  • Small cap stocks (20 percent)
  • Defensive stocks (18 percent)
  • Growth stocks (16 percent)
  • Commodities or precious metals (12 percent)
  • Real estate (8 percent)
  • Hedge funds (7 percent)
  • Long term bonds (6 percent)
  • Cash (3 percent)
  • Don’t provide investment advice (21 percent)
  • Other (19 percent)
  • Source: American Institute of Certified Public Accountants, 2010