Diversification

[wheaters]

I'm trying to be diversified in my trading. By this, I don't mean UK stocks, US stocks, European stocks. I mean buying instruments that have little correlation so that if one market takes a tumble, another won't.
I do not want to sit at a computer all day. I have a day job and only check things eod. I'm thinking: Dow Jones Index for stocks; £/$ for currencies; and one other. It's the one other I'm not sure about. A bond product? Oil or gold? Not sure, don't know which offers the best non-correlation, or if there's something different that would do the job better.
Ideas welcome.
Wheaters.

 

[Magos]

I'm trying to be diversified in my trading. By this, I don't mean UK stocks, US stocks, European stocks. I mean buying instruments that have little correlation so that if one market takes a tumble, another won't.
I do not want to sit at a computer all day. I have a day job and only check things eod. I'm thinking: Dow Jones Index for stocks; £/$ for currencies; and one other. It's the one other I'm not sure about. A bond product? Oil or gold? Not sure, don't know which offers the best non-correlation, or if there's something different that would do the job better.
Ideas welcome.
Wheaters.

Why don’t you try to learn from the best. The following attachment is one of the best funds in the world. Try to read about their diversification techniques.

What you are talking is creating a diversified portfolio of investments. This is similar like having a fund.