|
I know this is kind of an old debate here... but the best way to hedge against "Crashes" is to dollar cost average. If you have it set up that every week you automatically have X deducted from your pay and into your portfolio, whatever it may be, one of mine is the s&p500, than you will go up and down with the flux of the market. so when it takes a hit, you get it at a better price and when it goes up you still buy etc. the markets seem to be consistent in getting returns year over year, and by dollar cost averaging you hedge yourself against bit hits losses for the consistent growth.
market crashing opens up great opportunities to make some scrilla.
|