As Hurricane Gustav makes its way into the Gulf of Mexico and Wall Street heads into the holiday weekend, CNBC asked the experts how to position your portfolio now.

Amidst starting a new semester, balancing homework and attending classes, students showed CNBC's viewers this week that it's never too early to start investing. See what these young portfolio managers had to offer:

Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a  barrel after earlier topping $120.

To give investors an edge, CNBC asked the experts for their best trades now.  Their stock picks included healthcare, energy and tech companies.

Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $118 a  barrel after earlier topping $120.

Stocks opened higher Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought.   Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.

U.S. stock-index futures rebounded Thursday after the second reading on second-quarter GDP showed growth was more robust than first thought.  Tropical Storm Gustav, which is readying to move back to hurricane status and heading toward the Gulf Coast, continued to hover over the market and bump up oil prices.

To give investors an edge, CNBC asked the experts for their best trades now.  Their favorite stock picks were in the infrastructure, consumer staples and technology sectors.

To give investors an edge, CNBC asked the experts for their best trades now.  Their favorite stock picks included tech, defense and large-cap companies.

What should be a holiday lull of a week looks set to be anything but, with Wall Street on alert for the twists and turns in the credit crisis, commodities volatility in and developments in the White House race.

As the Dow soared on oil's slide and speculation of a Lehman Brothers buyout Friday, CNBC asked the experts where to invest now.

Millionaire investor Warren Buffett discusses the economy, Coca-Cola's sponsorship of the Olympics and the lending troubles faced by Americans.

The market experts have handed over some of their favorite picks to CNBC, and they like companies in the energy, defense and food sectors. See more in these videos.

To give investors an edge, CNBC asked the experts for their best trades now.  Their picks included oil services and healthcare stocks.