"One piece of advice is don’t do it at home," said Ajay Kapur, global strategist at Mirae Asset Securities. "If you can pay for the advice, one of my ideas, is that you should talk to your financial adviser, and try to get into a fund of funds."
While fund of funds, like many other investment vehicles, produced dismal returns in 2008, Kapur noted that they outperformed the broader equity market, falling 18%-20% in comparison to the 40%-50% declines seen in the stock market.
He also added that value stocks and high-grade bonds are attractive plays in today's volatility. But he prefers to invest in them via exchange traded funds (ETFs). Lastly, Kapur explained why he is bullish on China. "I think China, with its reflationary policies should do better than the other markets. And again, there’s an ETF for that too. "
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