Trump vs Kim...economic out comes ???
If Trump does something rash (like attacking N Korea , the Market tanks about 20%
IIf Kim does something rash the market tanks more than 50%
So what should an investor do?....diversify....even in down markets some investments do well.
I treat my holdings as a diversified mutual fund. I keep reviewing it for balance. Ideally i should own more banking (BAC), some tech (INTC, MU,BRKS, AMD), some oil and gas (BP , CHK, Rig), some healthcare ( GSK ) some Industrials (GE, GM) , some basic commodities (Vale, CLF, KMI) and about ten percent in cash.
Today was a good example on how this works. Dow is down 400 plus points the Nasdaq down 127 my holdings were down .27% . I pick up additional income from dividends and covered calls. |
