OWN SOME SAFE HAVEN INVESTMENTS VOLATILITY ON THE UPSWING MORE FREQUENT MARKET DISLOCATIONS GROUP THINK DRIVEN BY ALGORITHMIC TRADING Watch the related WEALTHTRACK episode.
DE-RISK AT LEAST A PORTION OF YOUR PORTFOLIO Review your portfolio Faster growing but lesser quality stocks are usually more vulnerable in a market correction Bond issues graded less than investment grade can be as volatile as stocks De-risking can hurt performance in bull markets but can cushion losses in bear markets Watch the related […]
FOLLOW THE ADVICE OF THIS WEEK’S GUESTS AND OWN SOME GOLD BULLION Gold is not an investment It is an insurance policy against disaster You can own it in various forms The actual metal in small bars or coins ETFs: least expensive and most liquid form GLD – SPDR® Gold Shares – Expense ratio = […]
PUT NO MORE THAN 1 OR 2% OF YOUR PORTFOLIO IN CRYPTOCURRENCIES Extremely speculative In its infancy Constantly evolving Not regulated Highly susceptible to booms and busts typical of every new technology Watch the related WEALTHTRACK episode.
START TO BUILD SOME MORE DEFENSIVE POSITIONS IN YOUR PORTFOLIO GIROUX’S DEFENSIVE ADDITIONS To equity positions: Utilities Other less economically sensitive stocks To fixed income positions: Longer term Treasury bonds Watch the related WEALTHTRACK episode.
IF YOU WANT TO OWN BITCOIN OR OTHER HIGHLY SPECULATIVE CRYPTO RELATED ASSETS ONLY INVEST WHAT YOU DON’T MIND LOSING ENTIRELY Watch the related WEALTHTRACK episode.