I am an avid participant in our neighborhood app 'NextDoor' and came across this question from a neighbor.
"My Investments are mostly in ETF's like Vanguard VOO (Vanguard S&P 500), VGT (Vanguard Technology ETF), VCR (Vanguard Consumer Discretionary). Also have some real estate investments. Looking to get more ideas to diversify".
An interesting question and an ideal candidate for a blog post. Anyone looking for diversification beyond standard ETF's, there are good opportunities to understand and dig into subjects below.
(1) Tax Loss Harvesting : Wealthfront Roboadvisor is a good starting point.
(2) Bitcoins : Easiest way to buy cryptocurrency today seems to be through Robinhood
Use the link Guaranteed Free Stock from Robinhood to sign up for a free stock to start with. Referrals from the link have been known to get a free VISA and Sprint stocks.
(3) Precious Metals : Gold (IAU, GLD), Platinum (PPLT) ETF's
(4) Renewable Energy : "TAN" is a good ETF for Solar Energy and branching into socially responsible investing.
(5) Derivative trading : Stay away if this term is new to you and if all delving into it, start with a straddle. Details on derivatives is a topic for another blog post.
