xarlor
564 posts
msg #160674
- Ignore xarlor
modified |
11/20/2023 8:30:15 PM
dtatu has it right about uncorrelated assets. To build upon the strategy mentioned by dtatu, stick to ETFs for less exposure to single detrimental swings. Here is my preferred list of uncorrelated ETFs.
Ticker Sector
TLT - 20+ Year Treasury Bond
XBI - Biotech
FXI - China
XLP - Consumer Staples
EEM - Emerging Markets
XLE - Energy
XLF - Financials
GLD - Gold
XLV - Healthcare
HYG - High Yield Corporate Bonds
XLB - Materials
EWW - Mexico
XOP - Oil and Gas
IYR - Real Estate
XRT - Retail
SPY - S&P 500
SMH - Semiconductors
SLV - Silver
QQQ - Technology
XLU - Utilities
XLY - Consumer Discretionary
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dtatu
143 posts
msg #160675
- Ignore dtatu |
11/20/2023 8:54:33 PM
I also prefer ETFs, because of a higher trending likelihood, but I eliminate those who are too zigzag-ish: on your list: SLV,FXI. Choose very liquid, very trending symbols, on weekly, monthly charts.
You do not need stocks with 25% drops on earnings. Go with sectors, countries.
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