Avoid all hedge funds and all "investment professionals" who tell you they can "beat the markets." If you follow this advice, you might really have a prosperous 2008!
I realize that most pundits agree that "things look dicey for the US economy", but consider the fact that the markets have already discounted for the news that is currently available.
Don't get me wrong. I am not saying there will not be a recession in 2008. I am just skeptical of predictions about recessions. But if there is a recession, what does it mean to investors?
If the prospect of continued volatility in the markets is too much for you to handle, you have the wrong asset allocation.
Investors should ignore economic predictions and the views of all talking heads who suggest that they can guess the direction of the financial markets.