Where to Invest for 2014

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What asset classes were the leaders in 2013? Small cap stocks as represented by the Russell 2000 Index led the way with gains of 38.8%. Growth stocks did well posting gains of 34.2% as represented by the Russell 3000 Index. International stocks also reported double-digit gains (represented by MSCI EAFE NR USD Index), while bonds experienced net losses for the first time in a decade. What are the expected winners for 2014? Probably not the winners of 2013.

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