Think Exchange Traded Funds (ETF): focus on Water, Agriculture, Energy, Emerging Markets.
The Muni’s are going to suffer in this bailout. Dropping property values and slowing economy are taking their toll on state and local tax revenue’s.
I also recommend ETF’s. You avoid the risk of individual companies, but have the liquidity of stocks.
Now that the commodity boom is nearly over and the overseas stocks have been beaten up..it is time to start buying some foreign ETF’s. My favorites..EWZ,EWS, and EEM.