Tools of the Trade: The Year in Review By David Edwards About this article: I write the Portfolio Manager's Toolbox column to address big picture, as opposed to stock-specific, investment issues. On this anniversary of the column, let's review the major themes of the year. Sector Diversification In 1999, investors wanted all tech, all the time. By June of this year, investors wanted anything but technology stocks in their portfolios. Neither extreme is ideal. In general, the technology sector is the fastest growing of the 11 major stock market sectors, but it's also the most volatile. I wrote Making the Most of Your Sector Plays to describe the definitions of the major sectors and resources for tracking them. How to Make the Right Sector Calls described risk factors associated with each sector. And my pieces How to Choose the Right Sectors for this Economy and Picking the Best Sectors for the Coming Months discussed how different sectors perform during different parts of... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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