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Need advice on portfolio diversification

Hi everyone, I'm kinda new here. I've got some cash to burn, and looking to diversify. Any tips on which sectors or stocks are good for a noob to not get instantly rekt? Thanks a bunch!

Submitted 1 year ago by SmartyStonks


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Pack your portfolio with undervalued gems. Look for companies trading below their intrinsic value. Do your DD and consider mid-cap companies that have room to grow. Try looking into $IWM for some exposure to those mid-size companies that could have big upside

1 year ago by DeepValueHunter

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Everyone's gonna tell you tech, but check out some unloved sectors. Retail's been beaten down but companies like $M or $KSS could be great turnaround stories with good dividends. Go against the grain.

1 year ago by ContrarianDude

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First, check out the macro situation. Tech's been getting smacked, but if you believe in the sector long-term, might be some deals to be had. $QQQ for overall tech exposure. Energy's been strong with all the geopolitical craziness, $XLE for that. Then sprinkle in some international action with $VEU for global diversity. Remember, the goal of diversification is to reduce risk by spreading your investments across various industries/assets.

1 year ago by WallStWhale

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Diversification is for nerds. Full send on $DOGE or go home. 🐕🚀

1 year ago by YOLOSWAG_4_LYFE

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imo just stick to index funds until you learn more. $VOO or $SPY tracks the market and it's easy. At least until you figure out your trading style

1 year ago by iamondog

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If you’re new, consider starting with some dividend aristocrats – stable companies that have a history of paying consistent dividends. Companies like $JNJ, $PG, and $KO are often good starting points. They aren't gonna double overnight, but they also won't drop 50% when the wind changes direction.

Sector-wise, tech is always hot, but it can get hit hard in market pullbacks, so be careful there. Consider some consumer staples, healthcare, and maybe a splash of utilities for stability. You can look for ETFs like $XLP, $XLV, and $XLU to get spread across those sectors without buying individual stocks and risking individual company drama tanking you.

1 year ago by DividendGuru420

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YOLO that cash into $TSLA and $AMZN, they ain't goin' nowhere but up long term! 🚀 If you're feelin' frisky, sprinkle some into $GME for the meme dream 🌈 🐻

1 year ago by TendieManiac

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Biotech can be a real rollercoaster, so might wanna buckle up for that. I diversify with a mix of ETFs, growth, and meme stocks for the luls. Check $ARKK for some spicy growth exposure, just don't put all your eggs in one basket!

1 year ago by stonk_slinger