The consensus on Wall Street on this first full day back from the Christmas holidays is that no one really knows when and if the stock market is going to recover in the new year.
But if forced to make a guess, most analysts are Bears at least through the first half of 2009 or longer.
The only way to make money in the stock market in the new year will be to invest in a select group of individual stocks that you are not going to find in any mutual fund or from any stock broker or financial planner. And don't listen to crazy man Jim Cramer, who still should not be forgiven or listened to after his whopping mistake last September.
If you are going to make money for sure in the markets in 2009, then you will have to watch CNBC 12 hours a day and get a rabbit's foot the size of a Volkswagen.
So that's why you should get your money in cash or keep it there. Keep earning a little in return instead of losing a lot more in the market.
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