Financial Planners Offer 2010 Investment Advice

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

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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