Good posts, thanks.
The obvious thing is to diversify investments and thus spread risk. Mine go from money in National Savings and Premium Bonds thru unit trusts and ISAs to a fairly solid pension with one of the majors. Then comes my "gambling" stocks and shares ISA, which has a small of our "wealth" in and with which I dabble in higher risk stuff - really only AIM shares to date but within that I've tried a bit of day trading, but not cryptos or shorting. That's the only money I'd use for something like cryptos, and then it wouldn't be the whole fund by any means. I wouldn't like to, but it's the money I could afford to lose.
Last edited by: smokie on Sat 22 May 21 at 10:31
|