Investing in ADRs: The Most Powerful Way to Reduce Market Risk
Sep 14th, 2009 | By Dr. Scott Brown | Category: Stock Market InvestingIt’s official: You can reduce your investment risk simply by chucking darts at a list of stocks, then buying them.
It’s official: You can reduce your investment risk simply by chucking darts at a list of stocks, then buying them.
Three major U.S. banks – including Fifth Third Bancorp. (FITB) and Wachovia Corp. (WB) – got clobbered in recent days on the news that they’ve lost another $1.6 billion by making investments in the Citigroup Inc. (C) Falcon hedge fund that lost 75% of its value earlier this year.