Give me some good diversification ideas for stocks or other asset classes

Down 30%…

Didn’t help that most my crypto assets basically went to zero

My bet is polarized on potential reccesion and as well a bet on strong consumers spending

I’m down about 30% too, and I didn’t even need crypto! Just 2x the major indexes. Still up like 50% from pre-pandemic though, so I’m not salty.

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I sort of agree, although maybe from an opposite perspective: while markets tend to go up over time, almost all of the gains happen on a few amazing days each year, when something big and unexpected happens. People waiting for dips to buy tend to miss those days and underperform.

That really depends on where you in life. I’m building cash as well, sold two more newsletter recs yesterday. Have about 30K sitting in my IRA. I did the DCA for years though with my DRIPs and that paid off great. MO and PM and still quite large in my portfolio. I’m 55 though and getting ready to downshift.

Buy short term treasuries bills. Duration is like 4 or 6 months with 4% yield. Invest another half with monthly average for next 12 months. Every month buy good business with fair or low price. Diversify across countries and industries.

  1. 50 % goes to t bills

  2. 5 % goes to Google in January

  3. 5% goes to ase group in Taiwan February

  4. 5% Goes to Volkswagen in Germany March

  5. 5% goes to Citi bank USA April

  6. 5 % goes to Suncor oil in a Canada May

  7. 5% what ever you recognise as good business in Japan at fair price

I always wonder what Taiwanese comapany is a good bet for investing for next 20 years. Outside of semiconductors?

Nanya? Chung-Hsin Electric & Machinery Mfg Corp?

I put a lot recently into

and

nearly the same yield as the fed funds rate without having to hold for any duration

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Sounds about right.

@BiggusDickus , your wife is in one of the prime places for an investment supercycle. The Economist notes semiconductor fabs are targeting U.S. (TSMC and Intel), Asia, and EU for investments of around U$1trn, because they want to reduce geopolitical risk.

Without thinking about China risk (which if there’s any war, we all have bigger problems to deal with), then anyone wanting to park money in a cash dividend cow for next decade should do so in TSMC. :2cents:

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Here’s a fun exercise. Try to find an Emerging Markets or Asia-related mutual fund that doesn’t have TSMC as its #1 holding.

I found one - Japan Fund - I guess that would be a stretch to put TSMC in it.

I hate mutual funds (I dont’ mind managed funds but want them in ETF form). My wife wants me to find emerging markets or Asia funds in her T Rowe price account, which is mutual fund only. There’s like 8 variants of the same fund with the same top holdings - TSMC, Tencent, Samsung etc. :smile:

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