Risk
OWN SOME SAFE HAVEN INVESTMENTS
OWN SOME SAFE HAVEN INVESTMENTS
- VOLATILITY ON THE UPSWING
- MORE FREQUENT MARKET DISLOCATIONS
- GROUP THINK DRIVEN BY ALGORITHMIC TRADING
DE-RISK AT LEAST A PORTION OF YOUR PORTFOLIO
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
OWN SOME GOLD BULLION
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 = 40 basis points / .40%
- IAU – iShares Gold Trust
- – Expense ratio = 25 basis points / .25%
PUT NO MORE THAN 1 OR 2% OF YOUR PORTFOLIO IN CRYPTOCURRENCIES
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
START TO BUILD SOME MORE DEFENSIVE POSITIONS IN YOUR PORTFOLIO
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
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