Weekends With Dr. Phil & Allstarcharts
October 27, 2013
I think we covered some important topics today. Two things that stand out to me are knowing your timeframes and diversifying among asset classes. Just because you own a bunch of stocks, doesn't mean you're diversified. Think about it, you own a bunch of "stocks". What happens if the market gets crushed? Your p/e ratios aren't saving you from those losses, trust me. So we look to other non-correlated assets to really diversify. This weekend we break down the S&Ps, Semiconductors, US Dollars and Natural Gas.
Enjoy!
Tags: $SPY $SMH $DX_F $UUP $NG_F $UNG