The stock market might be cooling off a little this morning, but it’s still been red-hot all year. Heck, the Dow Jones Industrial Average is up a whopping 17% since the start of 2013!
Of course, such a run means it may feel a bit unnerving to jump in the market right now … but there are some experts who there’s more room on the upside. One is Jeremy Siegel. The author of the classic Stocks for the Long Run and finance professor at The Wharton School has a great track record and thinks the Dow can reach 17,000 this year. That would translate into double-digit return from current levels.
If he’s right, then it’s a pretty good bet that large-cap stocks are a good place to put your money since they will not only enjoy nice capital gains, but offer solid dividends too. Plus, if he is wrong, large-cap stocks are also less vulnerable to big downturns.
Another way to add safety to your bet is to play this is with mutual funds. With that in mind, let’s take a look at four that stand out: