Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra. The Fed is likely to cut rates in early 2001, and Treasury bonds are already rallying. But many corporate and municipal issues haven't started moving yet and look like great buys.
Capital gains Real estate investment trusts are a timely choice for safe growth and income.
One smart pick looks to be Washington REIT, which is growing right along with the nation's capital. Fed chairman Alan Greenspan's unwillingness to cut interest rates has triggered a brutal sell-off. The plunge is painful, but it's almost over. The breakdown of top tech stocks like Cisco suggests that a bottom is near. With many top tech stocks near their lows for the year, investors have a timely opportunity to generate valuable tax losses.