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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2413036, member: 71510&quot;]Yeah, and you&#039;d make millions selling an iconic religious piece of jewelry - melded by a supreme being of gold and diamonds!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" /></p><p><br /></p><p>In short, we diversify to protect against any given asset crash.&nbsp; Stocks, metals, real estate - but there are opportunities within each - even in a crash.</p><p><br /></p><p>I have never been one to actively short any asset.&nbsp; I do however believe in going long on opposing assets (as proven last year by getting out of stocks - protecting the winnings and going long on metals).&nbsp; I didn&#039;t actively short anything - but I did take the opportunity to find the volatility and make a judgment call on future directions of each.</p><p><br /></p><p>The biggest problem I see is the continued drum beating to &quot;stay in&quot; the market - and it&#039;s usually by those that make commissions based on your/our investments.</p><p><br /></p><p>If you are able to book a good win - take it!&nbsp; Move it into stable value (money market/bond/cash) where you keep the win.&nbsp; So many people leave assets in 401k funds and don&#039;t manage them.</p><p><br /></p><p>Last March when the market hit 18k and kept banging against it and retreating, I took the &quot;sell in May and go away&quot; statement to heart and moved the lion&#039;s share of our winnings into stable value funds.&nbsp; Inevitably the market did crash and we started moving back into stock funds when the DOW was down at 15k.&nbsp; We did the same again and leveraged volatility.&nbsp; We&#039;re also back out of the volatile funds.</p><p><br /></p><p>As a separate tactic, I also invested in physical metals.&nbsp; Auction jewelry/coins, bullion, junk silver, etc... </p><p><br /></p><p>Both have paid off - metals more this year - unless the stock market crashes again - in which it won&#039;t matter to us - because we&#039;re in stable funds with most winnings.&nbsp; If the market crashes again, I&#039;ll be a buyer - meanwhile our winnings are off the table and put away safely.</p><p><br /></p><p>Research, invest, take winnings, diversify, save, research and repeat.</p><p><br /></p><p>The key is always having some liquid assets to make moves when opportunities hit - both good and bad.&nbsp; Save for that rainy day![/QUOTE]</p><p><br /></p>

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