So right now the stock market is going crazy. How long is it anticipated to last before the bottom drops out?

[DFW]

27. Diversify if you can

Before I get started, we shouldn’t ever lose sight of the fact that all this talk of stock positions and portfolios go right over the heads of probably way more than half of our DU friends who will never have the “honor” of participating in such discussions from experience.

But back to the subject of diversification—part of no my job consists of traveling around and providing authentication on old gold coins of the world, including the USA. We minted hundreds of millions of them over the years, and making fakes is big business. I alone must have seen five million or more of them in the span of my career. I have been doing this for 49 years now, so I have put in my time. Every now and then, I see something impossibly cool, and try to buybit for my self. Not recently, with the gold price up at $2675 an ounce, but back in the days of $450 or $500, I could do that on a regular basis. It’s not going to provide me with a retirement in luxury, but when some pieces I bought on spec at $475, when I could, when I was half my current age, which is 72, can be sporadically sold off at six times what I paid back then, I think, it could have been worse.