Every day it seems there's a new shoe to drop. On Wednesday, it was electronics retailer Best Buy (BBY) that put a scare into the market as it slashed its 2009 earnings estimate and called the current retail environment the worst in its 42 year history.

Forget about the running joke about how your 401(k) has shrunk into a 201(k) -- this is no time to cry over spilled milk. Instead, this is a time for action. It's not too late to build wealth and prepare for retirement. Even if your account has shrunk significantly in value, you can recover. I'll show you how.

Are you a hog for yield? If so, General Motors (GM) bonds are a screaming buy. The automaker is in absolute distress, but the government has your back. Why not take a shot at some very juicy returns here?

What can brown do for you? How about turbocharging a portfolio that is stuck in the red? UPS has been caught up in the decline of the economy, but perhaps its fortunes are changing.

The nation voted last Tuesday with no less than a dozen or more critical issues to decide before selecting a new leader. Rarely have we as a nation faced a time where the path of history hits the proverbial fork in the road.

As the call for infrastructure improvement projects becomes louder and louder and a new administration comes to the White House I find it interesting that shares of the very companies providing such services are being sold off in the marketplace.

Jerry Yang has to be the worst CEO in the history of capitalism. Today his chosen partner, Google (GOOG) announced that it was walking away from the joint venture with Yahoo (YHOO) that would have seen the company place advertising on the giant internet portal.

Trends can be found anywhere. It can be specific stock, an industry or an economy. It can be a commodity, a trading methodology or investment style. There is a reason successful investors say to let your winners win. So what trend can we follow today to make super size profits?

Some speculate that the next leg to fall in a massive global de-leveraging will be the credit card business. Given that the crisis started with bad debts in the mortgage market, it makes sense for many to believe that our obsession with plastic will end and end badly.

For the wary investor seeking investments which are more secure and less volatile than investment in the equity markets, fixed income corporate bonds can offer a high rate of return and a relatively stable market value.

The company announced that it will be closing 155 stores as a result of unprecedented economic crisis and spending retrenchment. In addition to announcing store closings, the company stated that vendors are tightening the noose with some demanding payment in advance of delivery and others reducing credit lines.

So how's that index fund doing for you now? With stocks essentially treading water with levels seen many years ago, those that invested in index funds have essentially lost money if you take into account inflation.

Very few industries are immune to the market carnage. We know now that failure can strike anywhere. What industry is next? One sector that may be vulnerable is the casino space. 

Is $14.83 billion in profits all that you can produce? Come on Exxon Mobil (XOM), you can do better than that! In a period of huge oil price gains I would have expected profits double that rate.

By identifying some of the largest positions held by the hedge funds prior to the market's move down, profits will follow. In theory, the stocks sold due to forced selling do not reflect true value. Instead, these stocks are now inefficiently priced in a very disjointed market. And buying and holding them for the long term should result in significant out-performance. Get the names of six stocks here.

Crisis tends to bring out the best in people, but it also brings out the worst. The same is true with any industry. When times are tough you see the best and worst that industry has to offer.

Over the weekend I had a chance to watch some professional football. With my team not playing, I took the opportunity to view a game featuring one of the most storied franchises in sports history, the Pittsburgh Steelers.

Corporations have multiple options to fund themselves. Depending on availability there is a hierarchy of choices that range from the cheap to the expensive.

One thing that we can say with a high degree of certainty is that nobody really knows when we will hit bottom. The end will only present itself after the fact. When that time comes, the market could very well be in the midst of a V shaped rally.