There is going to be serious inflation over the next 5-10 years. Anyone knowledgeable enough to know what the best investments are given inflationary circumstances?
Borrow as much as you can !-0)
Diversity.
Don’t do the ‘Enron’. If you are working for a company, ensure not all of your money is not invested into them.
Check out some Bear Funds.
http://mutualfunds.about.com/cs/strategies/l/blbear.htm
Also, Treasury Inflation Indexed Securities are a good hedge.
http://www.treasurydirect.gov