Andy Cross, Motley Fool's Chief Investment Officer, shares insights on why 2023 could be a stock picker's market, highlighting opportunities in the financial and healthcare sectors. He expresses optimism following a challenging year for investors. Meanwhile, Robert Brokamp, a certified financial planner, discusses the importance of bonds for both retirees and younger investors. He also explores strategies for safe withdrawal rates, encouraging retirees to potentially increase their withdrawals. This dynamic duo provides innovative strategies for navigating the evolving investing landscape.
It's the perfect time to review your financial plan for investing in 2023. (0:21) Andy Cross discusses: - His optimism after the worst year for investors since 2008 - The potential for 2023 to be "a stock picker's market" - Why financials and healthcare are two of the industries he's watching for opportunities (10:15) Robert Brokamp weighs in on whether all investors should more seriously consider bonds, why retirees might be able to increase their safe withdrawal rates, and the biggest asset younger investors have this year. Looking for more investing ideas? Go to www.fool.com/report to get your free copy of our "5 Stocks Under $49" report. Host: Chris Hill Guests: Andy Cross, Robert Brokamp Engineer: Rick Engdahl