How to lose fat around the waist w/o losing muscle

I am trying to lose fat around the waist w/o losing muscle.
I am not sure what is the best way:
1. keep on with my diet- I am around 165 lb and workout. Do i need to jog everyday too? (I take whey protein & creatine)
2. Reduce my diet

Any other ideas?

[quote]lose fat around the waist w/o losing muscle [/quote]
Not possible without lypo.

Maybe you could just extend your warm-ups or something? Rowing and/or swimming are great exercises for your aim as they are still burning a lot of calories and at the same time working your muscles greatly.
Also, another recommendation is to eat protein before work-outs as you lose less muscle (on the cardio exercises) with protein as you would with carbohydrates.

CKD my friend...go 2 the link in my sog and youll get info on how to lose weight while preserving muscle there

Thanks a lot guys

Taking roids, even if you still will loose some muscle. But to keep it at a minimum, loose the weight slowly, 1.25 lbs per week, and keep lifting as if you were still gaining. Thats all there is to it, slow n steady with intensity.

Guys,
I like the concept of CKD. I happen to be a vegan, can eat eggs though.

My diet that I plan to follow:
1. Egg whites
2. Vegetables - cauliflower, spinach, carrot, eggplant
3. Whey
4. Lentils including kidney beans
5. Fruits

Here are a few questions where i need comments and suggestions:
1. I have read that i should not have milk with Whey instead use water or gatorade. Am i right?
2. Am i correct in terms of vegetables? - No potatoes- high in carb. what about tomatoes?
3. What about Fruits? i read in a post that i cannot use it.
4. What about Yogurt?