As of May 20, 2010
Most traders will shrug off the analogy between investing and spinning the roulette wheel. After all, isn’t investing all about making money while minimizing the risks? But occasionally, investors need to take some risks in order to avoid other ones. “Sometimes the biggest risk you can have in your portfolio is not having enough risk,” says Chris Konstantinos, a portfolio risk manager at Riverfront Investment Group, a Virginia-based advisory firm. Investors looking to spice up their portfolios have a number of options. With that in mind, here are seven funds for gamblers. All offer the chance for big swings, albeit occasionally in the wrong direction. As a result, they’re best employed as part of a highly diversified portfolio.