With our current cautious stock market outlook, we have a couple investment recommendations for 2008 to take you into the New Year. Our current stock portfolio goal is protection while keeping selling to a minimum. Due to the weak current state of the stock market and US economic outlook, this is a very risky time to investment money in the stock market.

Right now we recommend the safe investments of Bonds and High Yield Online Savings Accounts. Both are great conservative investments that will help your portfolio until we see a more stable US economy. With falling interest rates, bond prices have been climbing and should continue that growth trend through the first quarter of 2008. Even thought bonds look nice, we have been recommending that our members put extra money in the highest yield online savings accounts. Here are some of our recommendations for the best online savings accounts.

If you want to invest in stocks, stick with inexpensive stocks that have a lot of foreign exposure. By inexpensive we mean a stock that is trading at a low PE ratio compared to its PE Chart. You can read more about PE ratios and PE charts here.

Last, we recommend lowering the overall volatility of your stock portfolio by adding portfolio protection or by cutting back on risky investments. For easy portfolio protection we recommend an Ultra Short ETF. Read more about using Ultra Short ETF's for portfolio protection.

For strong portfolio advice during this stock market correction, try our complimentary free trial. We provide a strong sample stock portfolio that has preformed very well through this stock market downturn.