Ten years ago, investors were debating between new economy and old economy stocks. Looking back, it is the old economy stocks that outperformed. Are there lessons learned over the past decade, that can help us determine some potential investments for the new decade?
When looking at the average total returns (includes reinvested dividends) of the stocks in the S&P 500 , energy stocks performed best from 1999 through 2009 followed by heath care, industrials and materials. See the chart below for average total returns by sector.