The best startegy is to hunker down, PAY OFF DEBT.  Buy guns/ammo, specie and foreign stocks.

We cannot continue to Borrow and Spend our way out of debt.  We cannot Tax our way to prosperity.  We cannot Print our way to prosperity either.  Only the imbecile Obama believes this is the road to prosperity.

Do what you want, but in the end Obamanomics will send us into a depression. 

Let's say all goes badly and we go over the cliff. What do you do?

We've already gone over the cliff. It's just becoming clear to those that have been wearing rose colored glasses. We can't expect 3-4% economic growth when our population is growing at 1%. We need to be happy with 2% growth but with automation that the Boomers put in place that means 7-9% perpetual unemployment.  We can print money and tax to redistribute the existing wealth but we're still headed towards a fate much like Europe. We must cut defense spending back to 2000 levels of 3% GDP which will save $160b a year. No more Christian Crusades to protect Israel, Jerusalem or Saudi oil. We'll have enough oil if we focus on alternative energy and quit sailing our Navy around the globe like England, France and Spain did during their empire days. Happy New Year!

.......Obama's legacy is a 16 Trillion dollar debt and growing.............​....

Congress is a complete inflexible mess. They vote for their party...not what is good for the country. Insane debt like this is never good and the plan is to increase the debt with marginal  potential cost cutting is completely inadequate.

We're going over the fiscal cliff and on Wedesday will probably  have a 400+ point drop and end on Friday being down 1000 points. The plan is to dump stocks today and pick them up for a bargain late this week.

Happy New Year's to all...and lets hope the 4-years of Obama passes VERY quickly!!

Compromise is how we got into ths mess. I say NO more and when th debt ceiling debate comes up, vote only to LOWER it and let the cards fall where they may. Any legislator that votes with the main agenda of being reelected, is not fit for office. If over the cliff becomes reality, republicans should take the blame with an eye toward economic recovery at some point and do what they were elected to do. Any politician not willing to risk their political future to do the right thing for the country, is simply a prostitute and void of integrity, which I dont think bothers most of them.

Once the government learns to adopt a mind set of aiding and supporting, guiding, facilitating, instead of CONTROLLING, We will all be better off.

The just announced DEAL is nothing but a deceptive way of maintaining status quo.

Shameful. Also no mention of the already mandated tax increases hidenn in Obamacare. 

"Stocks haven't been a great investment this millenium.  More than likely, their long-term performance will continue to be lackluster for the foreseeable future.

S&P 500

December 31, 1999 - 1415
December 31, 2012 - 1408"

Sure, if you only want to look at the idices.  Next time try factoring in dividend payments and their reinvestment.  You do know how compounding works, no?  I've done quite well in the market over the last decade.

VL is showing some desperation in his post. Good, he & others that voted for this mess deserve it ! So I won't be the least bit concerned since I've already taken steps to 'glide' down for a soft landing when congress does NOTHING! I'll continue to take care of my own (family & clients)

BTW:  when your hungry & starving due to the drought in the midwest; we'll still feed you- whatever your politics!