08-23-2021, 09:35 AM
(08-23-2021, 08:36 AM)ken-do-nim Wrote: Revisiting this topic, I've decided to adopt a 3-tiered pyramid model, where the highest tier is speculative or triple-leveraged (SPXL for example), the middle tier is strong growth or double-leveraged (QQQ or SPUU for example), and the base tier is made up of solid performers (JNJ, VOO for example). Doing some math, the percentages come out to:
Top tier: 3.7%
Middle tier: 25.93%
Bottom tier: 70.37%
Rebalancing downwards will be done once a quarter.
Why are you buying SPXL and SPUU this late in the cycle. You have a crazy obsession with these type of stocks/etf's
What happens when the market dips big in Oct/Nov? Then what? You will be down a quick 20-25% in a blink of an eye.
Just stick with JNJ and VOO and dollar cost average in on every $10 dip.