1. Stay out of all equities. This is a monstrous valuation bubble driven up by zero interest rates. Rates have to go up, and stock markets down. Markets will correct when something reminds them that this is the future outlook.
2. The dollar rally has further to go, and the dollar will go higher as equities fall, so keep to cash and treasuries until the dollar tops out.
3. No need to diversify into foreign currencies in 2010, except for dollar-linked currencies like the UAE dirham that offer higher interest rates and an explicit government guarantee on all deposits.
4. Buy gold and silver on price weakness when the US dollar rally tops out, and oil stocks.
5. Beware emerging markets like Brazil, Russia, China and India. What has gone up in a hurry will crash in a heap.
6. This will be the ‘Year of the Short’ so, if you want to play the market look to options or short ETFs.
7. Real estate is locked in a downtrend. Interest rates are very low, and real estate only bottoms out when rates are high.
8. Stay liquid for the lifetime buying opportunities that will follow a big crash. Then buy when Warren Buffett says.
9. Do remember to save some of what you earn for future investment opportunities which otherwise tend to occur when you have no savings.
10. Remember that in an era of low interest rates the value of a job is considerable because it would take a much higher capital sum to earn the same in interest. Look after your job
http://arabianmoney.net/category/dubai-property/
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