Jim Jubak thinks the first six months of 2012 promise plenty of pain for investors before a...

|By:, SA News Editor

Jim Jubak thinks the first six months of 2012 promise plenty of pain for investors before a "much-improved" second half. "Concentrate on preserving capital" in the first half; raise cash by reducing riskier positions in high-beta holdings - "the goal is to be sitting on a significant amount of cash that you can put to work when uncertainty has driven prices lower by May or June or July."