I have started converting 40% of cash that was sitting in my IRA into stocks today. I am <30, so wont be needing this money for a long time. I focused on 3 sectors: 1) oil/solar: Usually oil drops before election and runs up after election. However we are in a strange situation right now as the oil has crashed yet at the same time, the market is so wild it could very well drop another 10-20 on recession/slowdown fears. Not to mention the dollar could continue to gap, i really think the dollar is overbought. Look at the UUP chart, it's crazy. So instead of buying oil directly, i bought some solar solf stock today. It has a very direct relationship with uso at these low levels, but the downside risk is a bit less since it's already a $4 stock. And it's a solid company as i have traded/followed this since its ipo. 2) Tech Bought some nvda today as well at $6.4, the stock got destroyed from its chipset bugs and the current selloff but still a very well run company and strong products. Next year will be HUGE for pc games with some of the biggest names coming out (starcraft2, diablo3, etc..) and its only competition is amd's ati with intel still years away to be competitive in the graphic card sector. 3) Financial Didnt have the stomach to pick and choose, i was going to load some chase but just bought some xlf at 13.4 instead. I think this sector has its spring cleaning done already with the weakest players all gone(lehman, bear stern, so on..). I will load up some sp500 if it drops to the 700 level, and still looking for some good dividend blue chips, hard to find value these days if you think about the impact of a depression will have in that company. P/E are all but useless to determine value in the current economy. --------------------------- How about you guys? anyone started investing in their 401k/IRA, or still holding cash? or holding the bag? If you have started investing, what did you buy? Lets keep this to long term investment picks please, no daytrading stocks etc or debate on the economy. We have plenty of that already.