Diversification is key at this time of crisis
Attention all
I was asked today by a fellow trader if she should stay with one sector ? In my opinion, diversity is key at this time for Day and Swing trading as late. At least for me, If you plan to cap on Dividend returns then at least do your reararch on the best outcome for your long term dollar.
Thank you
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Trader-101 : I couldn't agree with you more you have to diversify your long-term portfolio as much as possible key sectors are being affected more than others and diversification is going to minimize your losses but right now is in a time to invest you'll never get opportunities like this probably ever again and hopefully you take advantage of these prices because even if it goes down a little bit before it goes up long-term you've got a lot of upside to come
BeautifulDay Trader-101 : Can you provide me the post of that long term investment advice list again? I saw you posted it last week, but now I can't find it. Thank you. Before I Never Had Stocks
Trader-101 BeautifulDay : $VanEck Gold Miners Equity ETF (GDX.US)$
$iShares 20+ Year Treasury Bond ETF (TLT.US)$
$Microsoft (MSFT.US)$
$Comcast (CMCSA.US)$
$Boeing (BA.US)$
$Altria (MO.US)$
$Amazon (AMZN.US)$
$Stamps.com (STMP.US)$
$Shopify (SHOP.US)$
$Vipshop (VIPS.US)$
$The Trade Desk (TTD.US)$
$Teladoc Health (TDOC.US)$
Ariel84 : That's obvious!
Trader-101 Trader-101 : I would like to add $W&T Offshore (WTI.US)$