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Time to Move Your Cash Into Equities?

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    Pepper International President Carol Pepper on where to invest in this market environment.

  • Duration 3:24
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Our let's get to it.

High net worth investors were probably watching that thinking should -- buy apple should I sit on the -- we bring in Carol pepper because she says it's time to move the mountain of cash.

Or even just a little pile of it in some people's portfolios off the sidelines of put to the market -- now because now it feels like everybody's saying.

Well as you know a lot of high net worth individuals only got their consolidated reports at the end of the year at the end of January so they serve seven sidelines -- -- the -- January rally.

And they've been thinking well wait for pullback and then I'll go ahead.

But -- I don't think it's going to be a massive pullback and if you keep waiting you're -- you might miss the entire -- that's a good story you're right because each time we see -- fall -- it's sixty points a hundred point nothing like a full percentage shot straight up clipped off the -- the S&P for example see cities will be shallow pullback that's right that's right because say that market is the leading indicator at all of the fundamentals are coming in strong.

I think six -- some that unemployment will be even lower that'll be starting to weary about whether.

We're gonna hit that's expect point 5% number and whether or not that we have to worry about a pullback in QE3 but we're not there yet.

So the market has a lot of fundamental reasons to keep running and if you're waiting for the market to go down 4% I'm afraid you might you just might wait too long and missed the whole thing well I.

I would -- -- people were scared a year ago February they're scared now there are going to always be a million reasons that's.

That there might be a negative pull back of some sort but the fact is.

That that you talk about six months out unemployment will probably be lower.

I think the trend everybody should look at the -- so right now let's say they agree with you what pick -- stock any stock that you like right now that's a good place to start.

You know we're just talking about apple and if -- little scared about apple and not sure which way it's gonna go and you don't know if you like your android phone -- -- apple phone why not look at Qualcomm.

Qualcomm is right there in -- of all of those Smartphones and tablets that's a continuing trend.

And they're knocking their earnings out of the box so I would say for a single stock to look at take a look at.

Kind of falls right into that Warren Buffett -- of competitiveness their best in class certainly when it comes to the Smartphone revolution.

Qualcomm also higher by about 8% Europe for years got a little bit of the dividend one point 5% that's right and it's like you know buying shovels during the gold rush don't go after the miners everybody's gonna need a shuffle -- every Smart that's gonna need -- What sector looking more -- has the most runway space and well I think that this could be a year when you're really gonna see consumer cyclicals doing lap.

That's all of the retailers all the things that people buy when they're feeling a bit more confident we're starting to see that some of the numbers.

So we can look at something like -- so why would have been ETF that's gonna cover all of the consumer cyclical stocks that's -- that I would take a look at how this run up.

It looks a little intimidating stretch it out of the three year do you concede that at each point along the way you would still have made.

Money that's -- but trees don't grow with the sky.

As we look to send Wall Street you worried at all that at some point.

That that -- will lose some steam at some point of course it well but I don't think we're there yet and why is that -- in one of those perfect storms right now we have low unemployment.

But we have also lets people still looking for job there's no wage pressures they're still lots of money sloshing around because QE3.

And it got a consumer was a little bit happier we've -- Patel risk in Europe looking a little less terrifying to there aren't any huge -- -- items that were very worried about so.

I think -- people -- -- -- spent.

There hasn't been wage pressure this whole time now you're right on that one thank you so much you let Carol -- -- of -- international she's the president closing bell ringing.

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