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OMG!WTF! · 12-07-2018, 08:42 AM

You can pretty much Google any information you want about ETF's. Here's a site with the robotics/AI etf's...

https://etfdb.com/themes/artificial-intelligence-etfs/

Here's one for water...

https://www.thebalance.com/top-water...r-2018-4171842

I feel like maybe you're jumping in at a bit of a perilous time. The market looks much different now than any time in the last 6 years. Diversification is not going to save you in today's market. By definition your US stock portfolio is diversified when you own the S&P. What you're trying to do by buying other stock sector etf's is pick winners. When the S&P goes down it typically drags other sectors with it. Diversifying from stocks means bond etf's, gold to some extent and inverse etf's though you can't own those for very long without losing time value. If you're planning to ride out large fluctuations and you want to try to pick winners, it may be beneficial to look into what really happens when the market goes down. It's also super important to plan your losses, know when you've been proven wrong. A long time frame and diversification typically doesn't save you from your inherent bad trading psychology.

12-07-2018, 08:42 AM	#171
OMG!WTF! Franchise Player Join Date: Oct 2014 Exp:	You can pretty much Google any information you want about ETF's. Here's a site with the robotics/AI etf's... https://etfdb.com/themes/artificial-intelligence-etfs/ Here's one for water... https://www.thebalance.com/top-water...r-2018-4171842 I feel like maybe you're jumping in at a bit of a perilous time. The market looks much different now than any time in the last 6 years. Diversification is not going to save you in today's market. By definition your US stock portfolio is diversified when you own the S&P. What you're trying to do by buying other stock sector etf's is pick winners. When the S&P goes down it typically drags other sectors with it. Diversifying from stocks means bond etf's, gold to some extent and inverse etf's though you can't own those for very long without losing time value. If you're planning to ride out large fluctuations and you want to try to pick winners, it may be beneficial to look into what really happens when the market goes down. It's also super important to plan your losses, know when you've been proven wrong. A long time frame and diversification typically doesn't save you from your inherent bad trading psychology.