#15 - My Approach to Diversification, Market Hedging on the Way Up

We have a need. A need for diversification.

Listen & Subscribe to the Steemleo Podcast!

• Apple Podcasts
• Spotify
• Stitcher

I just had a conversation on Sunday about markets at all time highs, irrational greed and the potential impact of the Corona Virus and other global market factors.

In the conversation, I was asked what I would do if I was holding stocks for the long-haul — 10+ years — in an environment when prices seem irrational and greed is continually mounting.

My answer: sell small %’s on the way up and diversify into things that might do well in a potential bear market.

This is what I’ve been doing since the start of 2020. Moving my long-term positions around (in very small chunks) into things that hedge against the risk of a potentially major correction in the markets.

Links Mentioned:

1. https://www.tradingview.com/chart/ (Charts for S&P500, Gold and Bitcoin)

Our Community

https://steemleo.com is an online community for crypto & financial content creators, powered by Steem and the LEO token economy.

• Learn more about our steem-powered community at https://steemleo.com/faq.
• Trade Steem-based tokens on Leodex at https://dex.steemleo.com
• Buy & Sell Digital Products and Services with STEEM & LEO on the Leoshop at https://shop.steemleo.com