09-09-2014, 04:31 PM
I allocate a small portion of my "real" portfolio -- about 10 percent -- to more risky, higher-yielding names like NLY, FTR, and ARCP. Some call those gambling. I think of them as calculated risk that give my dividend stream a nice boost.
Then I also take a tiny amount of play money -- just a few hundred dollars at a time -- and play with options. That scratches my gambling itch and gives me something to "do" while watching the paint dry on my real portfolio.
Then I also take a tiny amount of play money -- just a few hundred dollars at a time -- and play with options. That scratches my gambling itch and gives me something to "do" while watching the paint dry on my real portfolio.