Sure, investors will be a bit more risk-off in 2019 than they were in 2018, but that doesn't mean a strong portfolio has to be chalk full of your grandfather's government bonds and dividend stocks.
Defensive like consumer staples or utilities could be good, as the economy certainly slows down, and possibly soon heads into a recession. But for investors that are choosy, or investors that find good money managers that really are active managers, there could be some growth stocks like Microsoft Corp. (MSFT) that might add some firepower to the portfolio.
Still, dividend stocks are important, as they provide income and can take some risk off of an investor's cost basis. Stephen Guilfoyle of TheStreet's sister publication, RealMoney, likes energy stocks.
Bond land may seem boring, but it's important. Treasury yields have fallen, so it might not be a great time to go in yet. But if it becomes clear the Fed won't raise rates in 2019, buying bonds before the Fed potentially implements stimulus measures could be a good move. As for high yield bonds, those have sold off and currently offer yields around 7%. If the Fed lays off of rate hikes, corporate credit may not take a huge hit, so buying those soon could work.
As for commodities, Kitco News' Senior Market Analyst Jim Wyckoff says Gold could have its day in the sun in 2019.
For the best company specific analysis during what will likely be a big stock picking season, see Kevin Curran's RealMoney content every day.