The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

Strategist Jason Trennert gave a great interview in Barron’s recently. It characterized him as a short-term bear, but a long-term bull. John and David have had similar thoughts recently. In their real-money portfolio, they’re doing three things. First, they are holding some excess cash and being opportunistic with their purchases. Second, they are looking for more Income-generating stocks. But most importantly, they are looking for great businesses in strong trends that can, over the long-term, create value. John and David have chosen to play a little defense today, in order to go on offense when the opportunity comes along.

 

 

We all would like to build long-term wealth and retire well. In our free report, 3 Stocks That Will Help You Retire Rich, we reveal some stocks that could help you, as well as some winning wealth-building strategies. Click here to keep reading.

David Meier has no positions in the stocks mentioned above. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of LinkedIn, TripAdvisor, and ExxonMobil. Motley Fool newsletter services recommend LinkedIn, Spectra Energy, and TripAdvisor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.