Best Investment Ideas For 2008

03/28/2008 02:45 am ET | Updated May 25, 2011
  • Joshua Lipton Forbes

Back in January 2007, Jim Stack, editor of Whitefish Montana's InvesTech Research and Portfolio Strategy, surveyed the U.S. economic landscape and didn't like what he saw. There was a growing risk of a recession, he thought. The residential real estate market was unwinding. Stack shared his worries with readers that month..

"If complacency breeds danger," Stack wrote, "then we might be sitting on a powder keg heading into 2007."

Stack positioned his portfolio in a defensive crouch, believing that the degree of risk out there, in his opinion, warranted higher caution. He avoided the financials and real estate-related sectors. His cautious bets have payed off. His managed accounts, year-to-date, are up 8.1%. That beats the 5.6% gain of the Dow Jones industrial average and the 2.2% increase of the S&P 500.

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