02-19-2021, 09:41 AM
I need to work towards the basket approach. My plan is something like:
55% in leveraged - but diversified - etfs
35% in dividend growth or non-leveraged etfs
10% in pure dividend plays (the 4%ers and higher)
Anyway, yeah I have been able to buy a share here and a share there too; and now that I don't reinvest dividends at some point that cash will start rolling in allowing me to make more purchases. Otherwise I can only generally buy with my bonus and the two months of the year that I get 3 paychecks instead of 2. Of course once child support ends that will change.
And one down week I can live with; prior to this week my portfolio had been outpacing my day job so far this year.
At least SOXL has been trending in the right direction. LABU has been a heart breaker recently; ballooned up to 180 and now is deflating rather quickly.
55% in leveraged - but diversified - etfs
35% in dividend growth or non-leveraged etfs
10% in pure dividend plays (the 4%ers and higher)
Anyway, yeah I have been able to buy a share here and a share there too; and now that I don't reinvest dividends at some point that cash will start rolling in allowing me to make more purchases. Otherwise I can only generally buy with my bonus and the two months of the year that I get 3 paychecks instead of 2. Of course once child support ends that will change.
And one down week I can live with; prior to this week my portfolio had been outpacing my day job so far this year.
At least SOXL has been trending in the right direction. LABU has been a heart breaker recently; ballooned up to 180 and now is deflating rather quickly.