Where do you find good financial information?

As you look to 2010 you may be trying to figure out where to position your portfolio. There are a lot of gurus out there. Some good, but mostly bad.

Should I invest in gold?

Wow, the SPDR Gold Trust ETF (NYSE: GLD) is up 23% year to date. The dollar is weak and inflation may rear it's ugly head. India just bought a 200 tons of gold! Should you follow? If you consider the approximate total supply of gold is 125,000 tons. They just bought two tenths of one percent. A lot, but hardly enough to move the market.

Is now a good time to invest in the stock market?

Yes! Now is a great time to invest. The global economy is recovering and even though stocks have staged a strong recovery they are still undervalued by 20-30%. However, it will not be a straight line up. Expect a lot of volatility and a few 10% corrections in the developed markets (US, UK, Japan) from time to time. The emerging markets (China, Brazil, Russia) will experience 20-30% corrections. I expect the S&P 500 to be at 1300 by the end of 2010.

Not convinced? Still afraid? Use your fear to your advantage! Think back to the last time you were excited about an investment. Maybe it was your favorite dot com in 2000 or the second home which you were going to flip for a quick profit. How did those investments pan out? Yes, they lost money.

But it's different this time. Yes, its always different, but many of the companies are trading well below where they should be. The analysts have been overly bearish. The Second Great Depression is not upon us. Lift your head out of the sand and put some money to work.

So what should I buy? Buy the MSCI All World Index through IShares (Ticker: ACWI). With one purchase you will own the world. That way you don't have to figure out which country is going to do the best. As of the closing price on 10/9/09 it was trading at $41.39 per share. It wouldn't be a surprise if it was up over $50 by the end of 2010.