How should you invest $10,000 in the coming year? The question was posed to some of Wall Street's most respected seers by syndicated columnist Andrew Leckey, whose Successful Investing column appears in over 150 newspapers.

Here, courtesy of The Bull & Bear Financial Report, 9 leading Wall Street experts -- Elaine Garzarelli, Richard Crippps, Sheldon Jacobs, Don Phillips, Richard Yamarone, High Johnson, Mark Johannessen, Curt Weil, and Paul Nolte -- offer their answers to the $10,000 question.

"Amid relentless volatility in 2007, every participant last December produced an increase over the past 12 months. Our pundits for a second consecutive year are spreading their bets because there are so many economic and political wild cards in the coming presidential election year.

Sheldon Jacobs, editor of The No-Load Investor: "I'd stick with the winners and do the same thing I did last year. Split the $10,000 between T. Rowe Price New Era Fund (PRNEX), which I think has a number of years to run yet, and PowerShares FTSE RAFI US 1000 (NYSE: PRF). The market next year will be somewhat positive, but not huge."

"Richard Cripps, senior managing director of EquityCompass Strategies for Stifel, Nicolaus, Baltimore: "My stock selection for the $10,000 is stock of Men's Wearhouse (NYSE:MW), which has benefited from the consolidating men's apparel sector. Over the long term, it will strengthen its position in the men's apparel and tuxedo rental businesses, improving profitability."

"Elaine Garzarelli, president of Garzarelli Research, New York: "Put 25% in iShares Dow Jones Transportation Average (ASE: IYT), 25% in Financial Select Sector SPDR (ASE: XLF), 25% in iShares MSCI Emerging Markets Index (ASE: EEM) and 25% in Consumer Discretionary SPDR (ASE: XLY)."

"Don Phillips, managing director of Morningstar, Chicago: "Put the $10,000 in Selected American Shares D (SLADX), a mutual fund run by Chris Davis and Ken Feinberg. Financial stocks have really been beaten up in 2007, and these managers are savvy when it comes to investing in them. The time to invest is when there is blood in the streets. This fund is low-cost and efficient, and its managers have a lot of their own money in it."

"Richard Yamarone, chief economist for Argus Research, New York: "My first choice would be to invest the money in commodities, meaning everything from energy to copper, corn and wheat. For those interested in stocks and not commodities futures, I suggested consumer-related stocks such as restaurants. Spread the money between Chipotle Mexican Grill Inc. (NYSE: CMG), Burger King Corp. (NYSE: BKC) and Cheesecake Factory Inc. (NASDAQ: CAKE), all recommended by our restaurant analyst, John Staszak."

"Hugh Johnson, chairman, Johnson Illington Advisors LLC, Albany, N.Y.: Put $5,000 in the stock market and $5,000 in the bond market. For stocks, use either a good, actively managed mutual fund or an index fund mirroring the S&P 500, S&P 1500 or Russell 3000. For bonds, use a fixed-income ETF mirroring a five- to seven-year Treasury. If economic forecasts are close, it will be a positive stock market year, but returns will be between 6 percent and 8 percent."

"Mark Johannessen, president-elect, Financial Planning Association, and managing director, Harris SBSB, McLean, VA: "Max out your 401(k) contribution, pay off credit-card debt and preserve money for future need. If that's done, buy $3,000 of an intermediate-term, high-quality corporate or municipal bond. Buy $3,000 of a large-cap growth ETF or mutual fund. The ETF would be Vanguard Growth ETF (ASE: VUG) and the fund Vanguard Primecap Core (VPCCX). Put $3,000 in iShares MSCI EAFE Index (EFA) and $1,000 into the commodity ETF iPath Dow Jones-AIG Commodity Index (NYSE: DJP)."

"Curt Weil, certified financial planner, Lasecke Weil Wealth Advisory Group LLC, Palo Alto, CA: "I'd put a third of my dough in the iShares Cohen & Steers Realty Majors ETF (ASE: ICF). Mid-cap growth stocks are pretty cheap and relatively under-followed, so I'd put another one-third in iShares S&P MidCap 400 Growth Index ETF (ASE: IJK). The remaining one-third goes overseas to Driehaus International Discovery (DRIDX), a no-load fund targeting small- to mid-cap growth stocks."

"Paul Nolte, investment director, Hinsdale Associates, Hinsdale, Ill.: "We're in for tough sledding the early part of next year as investors realize the economy is slowing and earnings coming down, which sets us up for a reasonably good second half. First part of the year, keep fairly liquid and defensive in short-term bonds. Second half, there could be a decent stock rally. If I had to invest the beginning of the year for the entire year, I'd put half in one-year Treasuries and split the other half between consumer and technology stocks."

Each day, Steven Halpern's TheStockAdvisors.com offers the latest market commentary and favorite investment ideas from the nation's leading financial newsletter advisors.