Investing Daily Printable PDF
I have often said that one of the smartest investing decisions I ever made was to concentrate money in the health care sector early in my investing career. I reasoned that an aging population of Baby Boomers would spend a lot of money to extend their lives and health care should benefit from that trend.
In 2002 I opened an account in the
T. Rowe Price Health Sciences Fund (PRHSX), and since I opened that account it has enjoyed an average annual return of 17.5%. That’s well above the average annual return of the S&P 500 over that time period.