Making money: Why you should invest in the health-care sector, and more

3 top pieces of financial advice — from building a climate change portfolio to making the most of your first meeting with a financial adviser

Doctor
(Image credit: ThinkStock/Brand X Pictures)

Second-term winners

Expect sectors that improved during Barack Obama's first term "to keep on rolling" in his second, says Jon Markman at MarketWatch. Health care is No. 1 on that list. Since the passage of the Affordable Care Act, investors have boosted shares of drugmakers, insurance providers, and hospitals. Health-care mutual funds like SPDR Health Care offer "a good bet going forward, as most of the benefits still lie ahead." To get a piece of a finally resurgent housing market, iShares U.S. Home Construction provides "the purest exposure to the industry," and Nationstar looks promising in the "red-hot mortgage-servicing business." The first year of a president's second term tends to be rough on the stock market, so quick profits probably aren't in the offing. But in the longer term, we're in for a continued "market bromance with Obama."

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Latest Videos From

Financial advice that fits

To make the most of your first meeting with a potential financial adviser, "get organized," says Aparna Narayanan in The Wall Street Journal. Assemble your financial records — pay stubs, tax returns, investment records, pension statements — to show that you're serious. You should arrive with a clear sense of what you need: somebody to manage your investments, take a comprehensive look at your finances, or just clear up a few details? Whichever it is, "don't expect immediate answers." A good adviser will read through your documents and get to know you "before making a personalized recommendation." Consider meeting with two or three people "to compare their approaches and your comfort level with each of them."