The Federal Reserve meets this week and is widely expected to announce (or at least hint at) an expansion in monetary policy. That shouldn't come as a surprise, given the still stubbornly high unemployment rate and the slowdown in GDP growth over the past few quarters. But what would a so-called QE3 look like? And what could it mean for investors?

In today's video, Paul and Matt talk QE3 and offer up some ideas that investors could use to take advantage of the coming expansion in Fed monetary policy. Get the names and their thoughts by watching the video below.

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Matthew Argersinger owns shares of Nucor and Retail Opportunity Investments. The Motley Fool owns shares of Retail Opportunity Investments. Motley Fool newsletter services recommend Nucor, Retail Opportunity Investments, and Titanium Metals. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.