View Single Post
Old 02-17-2015, 12:38 PM   #18
Ulic Qel-Droma
I keep RS good
 
Ulic Qel-Droma's Avatar
 
Join Date: May 2001
Location: Cosmos
Posts: 28,736
Thanked 5,599 Times in 1,524 Posts
Failed 889 Times in 301 Posts
the smartest thing to do is to short the market when it's crashing. duh.

or at the very least, pull your money out and let it sit in cash if you're uncertain (in fact that's the best thing to do if you're ever uncertain, making 0 is better than losing money).

diversification is more for if you're buying and holding long term and not trading in and out.

if you're skilled enough to trade in and out based on the ups and downs of the market, there's no need to diversify. but i doubt many people have that skill. or the time and money to develop those skills.



but to answer your question...

the only thing that can't go down is GIC or term deposit or some shit like that.

everything else can go down.
Ulic Qel-Droma is offline   Reply With Quote
This post thanked by: