The current bear market has lasted well beyond the point with which common sense dictates, writes Steven T. Goldberg for Kiplinger.

Goldberg speculates that the current bond market, iShares iBoxx $ Invest Grade Corp Bond (LQD), could experience returns of 30% or 40% in the future. Goldberg suggests that investors keep a hefty percentage of their stock money in large-cap,  Vanguard Large Cap ETF (VV) or iShares Morningstar Large Core Index (JKD), high-quality companies.

As you shop around, take a moment and pause to ponder over these ETFs and maybe a few others when compiling an effective portfolio for 2009.

But no matter what the experts predict, predictions have a funny way of being wrong a lot of the time. While it’s fun to guess, be sure to stick to your strategy and enter only when these areas move above their 50-day or 200-day moving averages.