How to hedge my portfolio?
1.standby more cash, if dont want to let go and already buy the highest price, at least buy the lowest price as well. Most important confident the company can make money, don't use all the cash, always standby for emergency use.
2.Choose the high dividend yield, the lowest the price the faster you can get free money forever (money machine, passive income)
3.Choose good etf for long term holding (capital appreciation)
4.Continue buy low sell high to produce extra money (Trading) some stocks if you see the chart always up and down, not steady up. Do own analysis, do not follow other, it was said best value stock if 10-20% below its peer.
5.Have health insurance, life insurance, critical illness coverage, endowment plan.
6.Have CPF (pension plan).
7.Have own home, property is assest.
8.Have physical gold.
I will continue to add point 1 to 4 whenever got extra income [Happy]
@TigerStars$Procter & Gamble(PG)$$eBay(EBAY)$$Apple(AAPL)$
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