For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

In his Forbes ETF Trader, Jim Lowell says his top 2008 speculative bet is PowerShares DB G10 Currency Harvest Fund (ASE: DBV).

"This exchange-traded fund is a unique way to play the bank shot of the wildly volatile currency markets. It seeks investment results that correspond to the price and yield performance of the Deutsche Bank G10 Currency Future Harvest Index.

"This index is intended to take advantage of the fact that currencies associated with high-interest rates tend to rise in value relative with those associated with low-interest rates.

"The ten currencies that the index selects from are the US dollar, the euro, Japanese yen, Canadian dollar, Swiss franc, British pound, Australian dollar, New Zealand dollar, Norwegian krone, and Swedish krona.

"The upshot: interest rates are always rising in one of the above economies while falling in another -- 2008 will be no different."

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"For the investor who has some money with which he or she is willing to take some risk, I suggest they take a look at the regional banks ETF iShares Dow Jones US Regional Banks (NYSE: IAT), which I've selected as my top speculative pick for 2008," notes Leonard Goodall, CFA and editor of No-Load Portfolios.

"I recommend this ETF for two reasons, a fundamental reason and a timeliness reason. From a fundamental perspective, most of the regional banks in this portfolio have good solid financials and they know their areas of service well enough to avoid the worst aspects of the current real estate crisis.

"The three largest holdings in the fund -- US Bancorp, Suntrust Bank and PNC Financial -- all have records of consistently improving earnings over the last five years. US Bancorp and Suntrust have raised their dividends each of the last five years, and PNC has raised its dividend in three of the five.

"Purchase of the fund now is timely because its price has been pushed down along with all financial stocks that have been the victim of the subprime mortgage crisis.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"For a conservative investor who wants to incur only low to moderate risk, I would recommend a well-established mutual fund, the Fidelity Puritan Fund (NASDAQ: FPURX), as my top pick for 2008," says Leonard Goodall, CFA and editor of No-Load Portfolios.

"This is a balanced fund, with a portfolio that includes about 67% stocks, 26% in bonds and the rest mainly in cash. A major problem for most mutual fund investors is that the return they actually receive from a fund is well below the announced return on the fund.

"This is because they make bad-timing decisions. They buy the fund after it has run up in price and then sell it after it has suffered a downturn.

"The researchers at Morningstar have produced some work recently that suggests that for balanced funds the return that investors actually achieve is closer to the announced return of the fund than for most other types of funds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"The commodity markets have been rising strongly in recent years, propelled by growing demand," says Mary Anne Aden, editor of The Aden Forecast.

"The ongoing boom in China and other emerging markets has been driving these markets higher and there's no sign this will end any time soon. This has consistently placed commodity-related stocks like energy, natural resource and precious metals into the top performing stock category. The same will likely apply in 2008.

"My favorite conservative idea for 2008 for investors to take advantage of the rise in precious metals is by buying the StreetTracks Gold Trust (NYSE: GLD), an exchange-traded fund. Since gold's rise still appears to be in its early phase, it should do well in the year ahead based on demand alone.

"The same is also true of energy. China's demand has been a primary factor driving the oil price higher. With the Olympics coming to China this Summer, this demand is unlikely to diminish. A good way to benefit is to buy the Energy Select SPDR (ASE: XLE), my favorite speculative ideas for 2008."