02-06-2021, 07:59 AM
(02-06-2021, 06:31 AM)fenders53 Wrote: My port is about half buy and hold. Conservative use of options is just another tool. A diverse set of skills is good. Once your portfolio is over halfway to goal, it's not all that much fun to watch it do nothing for 5-10 years. There is really no extended historical period when you wouldn't deal with that. A quality DGI port will lessen the pain. Market doesn't care about Divs lately but we got it right for the longterm.
I see your point; I'll probably dive into learning options some day.
I have to admit, about 6-7 years ago I had a portfolio built with the trendy stocks of the day - Tesla, Amazon, Netflix, eBay, etc. and at the time; this was before they took off like rockets, they weren't doing much, so I got bored and sold them all. Ugh, I know. Had I just stayed the course...