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Where would you invest $10,000 for 2008?

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.

Continue reading Where would you invest $10,000 for 2008?

Best energy ideas: A 'New Era' for resources

"On an ongoing basis, we try to talk with the managers of the funds in our Best Buys portfolio; we recently spoke with Charlie Ober of T. Rowe Price New Era (PRNEX)," says Mark Salzinger in The No-Load Fund Investor. Here are highlights from his discussion with the resources manager.

"Ober has positions New Era not only to benefit from likely strong profits in the broad natural resources sector, but also to protect against rising costs within the sector itself. The fund continues to have a large position in energy stocks, which is now 70% of the portfolio.

"Ober has been gradually adjusting the mix of the fund toward oil and gas services and drilling companies, along with engineering and construction firms.

"These types of companies have pricing power, and they can serve the U.S. energy producers along with non-U.S. independent products and the many state-owned or affiliated oil producers overseas. As of the end of July, these types of companies represented six out of the top ten holdings.

Continue reading Best energy ideas: A 'New Era' for resources

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DJIA+73.0010,270.47
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S&P 500+6.241,093.48

Last updated: November 14, 2009: 09:29 PM

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