Barry Ritholtz Columnist

Ritholtz is chief investment officer of Ritholtz Wealth Management. He is the author of “Bailout Nation” and runs a finance blog, the Big Picture.

As the second quarter comes to an end, my top 10 list of dumb investment ideas is filling up. All of these would be fairly foolish in any year. (Feel free to explain to me why these are not dumb, or to suggest investing ideas that are even more reckless or just plain silly.)

Note that these aren’t on the list simply because they lost money; the nature of investing is that some significant percentage of trades is going to lose money. That is a given, and it is the reason you should be a diversified investor. Smart asset allocation includes U.S. stocks, as well as those from developed countries and emerging markets. It is also why your bond portfolio should be a mix of corporates, treasuries, munis, etc.

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