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12/03/21 1:22:03 PM
#387:


I do intend to diversify a bit when BBIG pops. Both in terms of stock selection and having a bit less of my worth in the actual stock market.

I'm seeing the value in leaving assets in cash more and more right now. These dumb market dips will happen and while you want to be on a stock when it goes up, being able to properly capitalize on dips is important. Like if I had another 5k to throw at the market I'd seriously throw all of it into the Fubo May 2022 20c right now. It seems so slam dunk but I can't sell my other assets which are also tanking at a loss right now. (which is why stock diversification is a bit overrated)

I might use Index funds as that form of diversification instead of actually just sitting on the cash though. Like yeah QQQ has gone down a lot in this dip, but it's still up 25% on the year.

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