08-04-2021, 06:23 AM
(08-03-2021, 08:27 PM)mid range Wrote: I thought of different ways to divert my attention over the years. Some study and a decent amount of time devoted to all. 1) Precious metals. 2) Trading preferred stocks. 3) Volatility ETFs. 4) Shorting distressed equities right before the advent of Reddit's Wall Street Bets. They turned out to be the kinda Good, kinda Bad and the very Ugly. Now on to dividend growth stocks with options. Guess it needs to be both the right thing and the right time and don't get greedy.Most of those activities can be profitable but there is sufficient volatility to bust an entire portfolio. You have to keep it a small part until you truly understand the best methods. Unfortunately that usually requires a full business cycle and getting your nose bloodied. I got tired of bloody noses in my thirties. The majority of my portfolio needs to be left alone. I enjoy trading but confine that to a small portion if it can truly hurt me. And I know what I am not good at. I should swear off commodities but here I am. I will never stop learning. I just try to limit the size of my errors.