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.

"My favorite conservative fund for 2008 is Gateway Fund (NASDAQ: GATEX)," says Ron Rowland, editor of All Star Fund Trader.

"This past year, the markets struggled. The question is where 2008 is heading. Our indicators show continued challenges in US equities based upon fundamental economic weakness. Because of subprime mortgage defaults and other related issues, investors should consider a strong but conservative strategy for a portion of their holdings.

"One place to look is Gateway Fund. With over $4 billion in assets and an impressive, long-term track record, Gateway typically meets the objective of a higher total return with less risk than the S&P 500. Its five-year chart resembles a gentle upward slope -- exactly what you want when reviewing conservative funds.

"Other funds have tried a similar strategy, but none have the longevity or track record that GATEX offers. To defend
against further market irregularities, look to Gateway Fund in 2008."

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, "My top conservative pick for 2008 is the iShares Lehman TIPs (NYSE: TIP). This exchange-traded fund enters the mix as a less-spirited way to play the recessionary hand that 2008 could deal.

"While the performance behavior of the underlying holdings will make the case for this being nothing more than a dolled up basket of long-term Treasuries, the market reality is that in times of duress, the momentum tends to favor these instruments over most others.

"But don't buy it for yield or price. Instead, view it as a life raft on the deck of all the above picks. It's good to know it's there if you need it -- and according to consensus estimates, in 2008 it's not a case of if but when."

As an alternative, conservative investors can buy the iShares S&P 100 Index Fund (ASE: OEF). The S&P 100 Index is comprised of the largest 100 stocks in the S&P 500 Index. As such, it's an intermediate play between the Dow 30 and the S&P 500, and ought to continue to benefit from the current flight to quality in '08.

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.

"My top pick for 2008 is the PowerShares U.S. Dollar Index Bullish (ASE: UUP)," says seasonal timing expert Sy Harding in his Street Smart Investor.

"The US dollar has been in a frightful decline against most global currencies for six years now. Its decline has served the US economy well. Among other positives, the weaker dollar made US exports less expensive for foreign consumers, while making imports more expensive for US consumers.

"That has been a win-win situation for US manufacturers in a period when US manufacturing has been a struggling sector of the economy.

"The weaker dollar has made travel to the US, and shopping here, a happy experience for foreign travelers. Without purchases of second homes by foreign buyers, the plunge in the housing market would have been even more severe.

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.

"Everyone should have some gold, but it is an individual decision as to what best fits one's risk tolerance and personal financial makeup," says resources expert Curtis Hesler, editor of Professional Timing Service.

"Bullion in some form, be it bullion coins or bullion ETF's like StreetTracks Gold ETF (NYSE: GLD), should be fitted into one's portfolio -- for diversification, if no other reason. I would consider this a top speculative idea for 2008.

"However, be mindful that bullion profits, even in the ETF form, are taxed at a higher rate than gold-mining stocks. So, bullion ETF's are perhaps best held in a tax-sheltered account, but that is an individual call."

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 market is looking increasingly fragile -- and our top pick for 2008 is a stellar investment that has all the makings of a bear-market killer: The Vice Fund (VICEX)," says Eric Roseman, editor of Commodity Trend Alert.

"This fund will do well as long as people continue to drink, smoke and gamble. The fund might not be the most wholesome investment in your portfolio, but it sure earns a big score for making bundles of dough from many industries currently shunned by investors and portfolio managers.

"And best of all, as the economy contracts, stocks in its highly concentrated and aggressive portfolio usually grow their corporate earnings while the broader market corrects. Bull or bear, it doesn't matter. The Vice Fund can generate profits in any economic environment -- provided people continue to gamble, drink and smoke.

"Launched in 2002, the Vice Fund is advised by Mutual Advisors, Inc, a small outfit with $177 million under management. But its size is actually highly advantageous to investors because of its ability to quickly enter and close trades and buy some companies that might be thinly traded.

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.

"My favorite more speculative fund for 2008 is the iShares MSCI EAFE Growth Index (ASE: EFG)," says Ron Rowland, editor of All Star Fund Trader.

"Despite challenges to the dollar and US equities, next year continues to hold promise in the global markets. Also, consider that the strong relative strength of 'value' over 'growth' for most of the past seven years is now swinging back toward growth. That combination provides a sound basis to tilt your portfolio toward international growth next year.

"For years, US markets have been segmented (ie., Small Cap Value, Large Cap Growth). International equities have started to specialize in the same way. Such is the case with iShares MSCI EAFE Growth Index.

"Attempting to capitalize on the growth aspects of developed international markets, EFG tries to mirror the MSCI EAFE Growth Index. Right now, that's a good benchmark to emulate. The international growth market appears poised to continue its climb next year. For your aggressive portfolio, look to EFG in 2008."

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.

"Fidelity China Region (NASDAQ: FHKCX) is my top speculative idea for 2008," says Jim Lowell, mutual fund expert and editor of The Fidelity Investor.

"With regard to China Region, caution will likely always remain my buy word. But, for the first time since this fund's inception back in 1995, this fund is beginning to exhibit characteristics of both the region (Hong Kong, Taiwan, Singapore and Australia that account for 55% of its assets) and China (which now accounts for over 30% of the names in the portfolio -- a year ago that weighting was 6%; in March of this year it was 7%).

"New manager, Wilson Wong, who took the helm in June of this year, is finally enabling this fund to both live up to its name and differentiate itself from Fidelity's and other Asia-focused funds. That's plus one in my book.