Cramer: Buying Trea...
posted by magician on 1 months ago
Before you ask "Am I diversified", you should make sure that you know what (proper)
diversification is. It has nothing to do with buying in several industries, buying in
several sectors, or buying several kinds of securities. It only has to do with risk:
buying securities whose returns do not move up and down together.
Yes, you're well-diversified. MA may not provide you with any useful diversification, but
as it's only been around since May, 2006 there's too little history to say.
As for NYX and GS trading together somewhat: history doesn't bear this out. Their
correlation of monthly returns over the last 2-1/2 years is only 11%; that's quite good.
posted by Dedandgone on 1 months ago
That would be the "Am I Diversified 2?" post.
posted by Dedandgone on 1 months ago
You certainly are except see previous am I diversified response by JA regarding NYX and GS
as they might trade together somewhat.
posted by Mike stef on 1 months ago
I own gs lvlt ma mo nyx wag
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