12-11-2021, 11:01 AM
IMO, there's a place for different kinds of investments in my overall holdings.
I hold some VOO, Vanguard's S&P 500 ETF. That's mostly in the set-it-and-forget-it area. I track the dividends from it and dutifully record them.
And I have positions in individual companies.
And then there are the covered-call-writing positions, which require much more active management. I don't have any open options right now, but there are some stocks that I'm waiting for them to go back up. I can be patient while I'm waiting for a price where I'm willing to sell.
I hold some VOO, Vanguard's S&P 500 ETF. That's mostly in the set-it-and-forget-it area. I track the dividends from it and dutifully record them.
And I have positions in individual companies.
And then there are the covered-call-writing positions, which require much more active management. I don't have any open options right now, but there are some stocks that I'm waiting for them to go back up. I can be patient while I'm waiting for a price where I'm willing to sell.