I got a 401K at work mid 80's and tried to diversify my portfolio and I ALMOST ALWAYS LOST MY BETS.

I converted to money markets or some other low yield but safe investments and thats where my paltry money stayed until i converted to an IRA.

In the late 90's and early 2000's I decided that Wall Street was totally corrupt and insider trading was the norm.

To my point:

I know diddly about "wise investing" but I recently saw THE BIG SHORT and know that the crash of 2008 caused the unemployment of EIGHT MILLION PEOPLE and the loss of the homes of another SIX MILLION PEOPLE.

And the movie also points out that the systemic problems that caused 2008 HAVE NOT BEEN REMEDIED and therefore some time soon history will repeat itself and there will be another devestating economic collapse.

Now, if we taxpayers let the gov't bail out the banksters again, we will deserve our dystopian fates.

-90% Jimmy