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The best investing stories of May: Advice from top-tier money managers, tips from Wall Street royalty, and stock picks for a post-coronavirus world

Joe Ciolli   

The best investing stories of May: Advice from top-tier money managers, tips from Wall Street royalty, and stock picks for a post-coronavirus world
Stock Market2 min read

May was a confusing month for markets. Many observers scratched their heads as major indexes continued their steady chug higher, seemingly oblivious to the economic wreckage left by coronavirus.

Whether it was the prospect of further stimulus or the apparent progress of a COVID-19 vaccine, investors reacted positively to any encouraging signs of a swift economic reopening.

Then the last few days of the month turned that all on its head.

As President Donald Trump reignited tensions with China, mass protests occurred all across the US as millions of Americans reacted to the death of George Floyd. Both served to destabilize the investing landscape, leaving participants wondering what's next for a market that's become quite vulnerable to sudden shocks.

To that end, the Investing team at Business Insider is constantly on the hunt for clarity and expert tips to help traders navigate these unprecedented times. Divided into three distinct areas, here are some of the team's top findings from May.

Expert recommendations

  • John Allen, the chief investment officer of the wealth-management firm Aspiriant, says investors can design a sturdy, low-risk portfolio using just 7 ETFs. He details exactly which ones he's talking about, and how they should fit together.
  • Billionaire investor Mario Gabelli's flagship fund has delivered a 3,082% return since its inception. In an exclusive interview, the Gamco chairman shared the investing themes he's tracking, including what he's doing in media, healthcare, and utilities. He even went as far as to name 13 stocks he loves.
  • David Dudding's mutual fund has consistently dominated peers, and it's one of the best global stock funds in 2020. He detailed for us the major themes in his portfolio, what he's done since the pandemic started, and his top picks for the future.

Commentary/outlooks from top-tier investors and Wall Street firms

Stock picks

Read the original article on Business Insider

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