Financials are having a tough time right now.  Banks don't know how much toxic assets they have from the start of the housing crisis.  This lead to what we are in now, a financial crisis.  With all this bad debt we are now seeing the financial sector (and the whole stock market) at an all time low.  I have a couple of investment ideas

ProShares - Ultra Financials - its traded under the symbol UYG.  The objectives of this fund (listed from the funds website) are:

ProShares Ultra Financials seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones U.S. Financials Index^SM.

You might be asking, why buy financials, isn't it risky and what if it goes down?  Why not wait till we start to see the economy come back?

Well I say buy financials now, yes it is still risky but UYG is trading around $1.75 a share.  So if you have $175 dollars laying around and willing to not look at it for a few years then I would like to suggest picking up a 100 shares of this fund.

Yes, it is still risky (especially with the 200% movements) but I am willing to accept the risk because I think the financials will come back in the long term.  This is one investment that I have accepted the I think I will be very satisfied with in the future.