01-03-2021, 07:27 PM
I've been struggling with this. In 2020, I strategically invested during the Covid crash, notably grew my cash holdings, increased my technology holdings, and increased the quality of my portfolio (by selling "garbage", etc.). In 2021, I would like to:
Paul
- Get back to investing in quality, dividend stocks (instead of growing my cash holdings)
- Experiment using High Yield CEFs/Stocks and/or Options to fund purchasing DGI stocks. My portfolio is just now getting to the point where this is feasible.
- Find the right balance between #1, #2, and saving cash.
- Be better prepared for the next dip. I missed out on Dec. of 2018, but did reasonably well during the Covid Crash. During the next major dip I want to be a bit more risky/bold than I was during the Covid Crash.
- Evaluate using a paid service to help make better informed decisions.
- I'm rather cautious. I'd like to get better at knowing when to be bold.
Paul