Ten Strategies to Complement Your AI Investing Pursuits

Summary

This chapter emphasis on investment diversification to add safety to our financial situation. It provides some ideas, cautionary tales, and strategies to consider as we forge ahead. A safe way to diversify our portfolio is through utilities and energy‐related exchange‐traded funds (ETFs) and mutual funds. A convenient way to include consumer staples in our portfolio is through consumer staples sector ETFs and/or mutual funds. Healthcare stocks and ETFs deserve a place (no matter the percentage) in most investment portfolios. This sector is both a good diversification away from the technology sector, and paradoxically, it's also a good beneficiary of it. Physical gold and silver have unique benefits that make them a good diversification away from both paper and/or digital assets. Paper and digital assets have counter‐party risk.