Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Fender's final approach to retirement.
#54
Haven't updated for a month. Made some progress the past few weeks towards a portfolio that needs less babysitting. It's about time as retirement is about 4-5 months away. I've been slowly eliminating less than high conviction tickers and adding to my index ETFs which include SPY-QQQ and Russell 2000. I'll sell calls against some of the positions and generate reasonable income in addition to dividends. The reality is selling options against individual stocks instead of ETFs pays about twice as much per month. Not quitting that game after all my effort to learn it, but I'll have a smaller amount of funds for those trades. It will force me to be much more selective and not force trades when the market isn't right for those tactics. I'll be halfway to my income goal just selling boring calls on some of my index funds every month.
Reply


Messages In This Thread
Fender's final approach to retirement. - by bankerboy - 10-29-2021, 05:47 PM
Fender's final approach to retirement. - by bankerboy - 11-16-2021, 02:49 PM
Fender's final approach to retirement. - by bankerboy - 11-24-2021, 08:43 AM
RE: Fender's final approach to retirement. - by fenders53 - 01-03-2022, 05:41 PM



Users browsing this thread: 3 Guest(s)