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This post is part of a series where personal finance expert Dan Solin looks at money secrets that help the rich stay rich. See more.

Is this a good time to buy commodities?

What about emerging markets?

Don't value stocks outperform the markets?

Six months ago, the investment du jour was oil. Clearly, it had no where to go but up. Right?

China and India were increasing consumption at a rapid rate and oil was in short supply. Many analysts were projecting the date when oil supplies would run out altogether.

Six months later, oil tanked.

Did you think that gold was a good hedge against a financial meltdown? If so, your views were shared by many "experts."

Gold reached a record high price of $850 in January 1980. Its current price is $747. What happened?

Continue reading No. 7: Rich people don't bet the farm on one asset class or stock

No. 7: Rich people don't bet the farm on one asset class or stock originally appeared on BloggingStocks on Thu, 04 Dec 2008 19:00:00 EST. Please see our terms for use of feeds.

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