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I feel like shorting nasdaq. What should I do? (sh.itjust.works)

submitted 4 days ago by someacnt@sh.itjust.works to c/personalfinance@lemmy.ml

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I guess I can introduce stop-loss and other cautionary measures to prevent snowballing loss, but shorting is shorting.. Wonder if I could resist the urge.

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[–] Tenderizer78@lemmy.ml 3 points 3 days ago (2 children)

Don't short, diversify. Invest in alternatives.

[–] reagansrottencorpse@lemmy.ml 2 points 3 days ago (1 children)

Any suggestions?

[–] Tenderizer78@lemmy.ml 2 points 3 days ago

Any company that isn't shouting from the rooftops about their massive AI investments. Walmart, Ford, I don't know.

[–] someacnt@sh.itjust.works 2 points 3 days ago (1 children)

While good advice, I don't think that will help. When things would go downhill, most stocks will follow, and it is hard to know which ones would be exceptions.

[–] Tenderizer78@lemmy.ml 2 points 3 days ago

There's no way to avoid it that isn't extraordinarily risky, you will lose money when the bubble bursts. You just gotta avoid the obvious traps and make out with a somewhat stable portfolio.