DIVERSIFICATION

[Fishhead24]

There are many, many intelligent posters in this investment forum.

How do you diversify your investment income?

Personally, I feel if one is investing in stocks they need to have at least 5 stocks minimum in 4 different sectors(Cramers rule).

Then one has to diversify outside of the stock market also........real estate, collectibles, savings accounts, commodities, etc., etc.

I believe diversification the key to safe and longterm gains and something everybody should grasp at a young age.

Which brings up a question.......

Should a young person under 30 take more risks and be less diversified than say somebody over 50.........or should they stay as diversified as possible and grind away profits?

Thanks for your input,
-FH-

[CrushinFelt]

I'd prefer to JUST put it ALL in iowa FARMland.

[mtgordon]

InDeX FUNDS

I also OWN real estate.

I THINK that once a PERSON is living off of their SAVED (or planning on it soon) then they NEED to have a more STABLE portfolio. I see it as the difference BETWEEN the bankroll management difference between a PROFESSIONAL poker player and an amateur. It's the PROFESSIONAL'S livelyhood and therefore it must be more SOLID than the amateur's since they don't CARE as much about BUSTO.

PS: STOP USING ALL CAPS TO WRITE WORDS (EVEN IF THEY ARE IN THE TITLE)

[Fishhead24]

[ QUOTE ]
InDeX FUNDS

I also OWN real estate.

I THINK that once a PERSON is living off of their SAVED (or planning on it soon) then they NEED to have a more STABLE portfolio. I see it as the difference BETWEEN the bankroll management difference between a PROFESSIONAL poker player and an amateur. It's the PROFESSIONAL'S livelyhood and therefore it must be more SOLID than the amateur's since they don't CARE as much about BUSTO.



[/ QUOTE ]

Well stated!

-FH-

ps- your wish is my command on the capitals. [img]/images/graemlins/wink.gif[/img]