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Strategies for protecting our wealth in these crazy times
#3

Strategies for protecting our wealth in these crazy times

I may be wrong, but I am going to guess that I've *lost* more money this year than any other reader of this forum. [Image: smile.gif] My net worth is down slightly over $1M since Jan. 1. Not because I've done anything especially stupid, but everything has gotten hammered pretty badly, and extreme bad luck as far as one particular stockholding of mine (I was diversifying out of it gradually, but it dropped so quickly I was left with a huge loss).

My strategy is to make no changes to my strategy. I am diversified across asset classes and across the globe. In the long run, I will be fine. I'm in no danger of running out of money. Hopefully my business will be a success, and if it is, then I will be set for life.
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