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Hey guys,

I am mostly tech & ecommerce heavy right now leaning on stocks. Currently portfolio is looking like this: Shopify, Amazon, Adobe, SQ, MTCH, OAS, JETMF.

I held a few other companies earlier in the year (Netflix, dpz, ea, atvi, ttwo, amd) but have since sold to make my portfolio a bit simpler. With the combination of this portfolio and trading semi-regularly I had around a 36% return which I think is pretty good.

However, now I'd like to reduce my risk in case of a pullout, even though I am sure these stocks will continue to do very well over the next year. I would like to put 20% of my portfolio roughly into safer stocks.

In a separate retirement aiming account I have VTTSX, VTI, and VIG. I know index funds are usually the recommendation, but when the big drop comes it's going to get hit just as hard. I get that tech as a whole could drop more than the market as a whole when a correction happens, so I guess it would prevent some loss?

I am not really interested in gold as I think it's a worthless commodity/money and perspectives are changing on it. As warren buffet says, "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." I pretty much agree with his sentiment on this so I am not looking at gold as a valid investment.



Submitted January 16, 2018 at 03:28PM by GreenScreen20 http://ift.tt/2D9E91C

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