Open Question

Cramer, Stockpickrs:
I've only been in the market for a year and a half but isn't having a
diversified portfolio supposed to keep you from getting killed?
I have some financials (GS, BAC), some Tech (AAPL), some oil/gas (XTO), a Steel
stock (NUE), Copper & Gold (FCX), Consumer Staples (PEP), Healthcare (MHS)and I
am getting absolutely murdered from the commodity names in my portfolio without
the other stocks coming close to balancing the losses.

Any thoughts on what I'm doing wrong? I'm pretty balanced by % of portfolio from
stock to stock.

Asked by scottw83 1 month ago - 3 answers - 55 views
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your betting that with all the tech stock choices that the only one that will
ever do good (and you think will never go down) is AAPL? then why did you pick 2
financials? building a mutal fund is a slow and sometimes painful
experience....it'll take time before you see the benefits. the one thing you can
do is slow down on your quick trigger to buy more on any ol dip.....your in the
investing zone.
i too am enjoying the pain, i am lookng foward to see you in the bahamas in 15
years.

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u r good ,,thats what a bear market is ...it doen not matter if u own a stock in
every single sector ,over all u will be down .thats why bear markets r hard and
hated by longs and loved by shorts,,being diversified will keep u from being
destroyed but it will not keep u in the green or flat.the best thing too do in a
bear market is buy a bear etf , go long a few good growth stocks ,and be in at
least 1 third cash.that could produce some gains.or u could short the market,
but u should done that last year when things first started too go bad.we r all
in the house of pain here ,unless u have been short or all cash ,or daytrading.

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trade around you positions, if your up take some off buy when your down.

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