Guru Strategy: Profit from the bull while protecting your principal

Despite the surging stock market rally this year, many investors are a bit gun shy about getting back into the market. Their nerves are still frazzled, their retirement accounts still uncomfortably low and their expenses mounting. When it comes to getting back into stocks, many -- especially those planning for retirement -- are more likely to stash their funds somewhere else, like in cash or in government bonds.

But there could be a better way to safeguard your investment while profiting from a rising market – if that ends up being the case.