12-16-2021, 09:28 AM
I think I will feel more comfortable in retirement holding a few ETFs and quality stocks. If an opportunity to trim or add presents itself then great. I usually do that by selling a put or call though. It's a good income source if I confine myself to stocks I truly desire to own longterm. I don't stray from that with more than a small part of my port. That eliminates a lot of great trading stocks though.
2020 was a good example. Many of those new stocks rose 2 to 4X in six months. Many of them are now down 75% and probably at fair value. There was no way I was going to get caught holding a significant position. That's how you bust a port, especially if you add some margin or options. They were great trades though.
2020 was a good example. Many of those new stocks rose 2 to 4X in six months. Many of them are now down 75% and probably at fair value. There was no way I was going to get caught holding a significant position. That's how you bust a port, especially if you add some margin or options. They were great trades though.