It's been nothing short of a phenomenal year for optimistic investors, especially those who placed their faith (and dollars) into the "Magnificent Seven" stocks. As of the closing bell on Dec. 13, the S 500 and Nasdaq Composite were higher by 23% and 41%, respectively.

But it's not about where Wall Street has been; it's about where equities will head next.

Despite a handful of money-based metrics and predictive indicators suggesting Wall Street and the U.S. economy could face sizable challenges in the new year, I remain optimistic as a long-term investor. All 47 positions in my portfolio (as of the time of this writing) were made with the belief that the underlying stock (or option) would increase in value over time.

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Source Fool.com