Now that we're in December, one portfolio manager says the best way to position oneself in the new year is with a combination of passive and active investment.
Plus, said Chad Morganlander, portfolio manager at Washington Crossing Advisors, getting into "boring, quality names" with rising dividends will benefit investors most. Here's why.
Bottom line: A mixture of active and passive investments and so-called "boring" stocks will prove to be a smart investment strategy in 2018, according to Chad Morganlander.
Disclosure: Morganlander's firm owns shares of Hormel, Dr. Pepper, Amgen and Abbott Labs. He does not own them personally.