SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (83031)4/15/2007 2:47:39 PM
From: upanddown  Read Replies (1) of 206329
 
2-3 % not really enough for insurance ?

AL

I'm not really looking to hedge my energy holdings. I'm currently 85% cash and income funds. My energy stuff is just 11% and mostly Canadian. Still hanging with CFK NTO CLL.

I sure wish I was all in for this latest surge in energy but I never saw it coming.

I am making a gradual transition to income. I told myself last fall that if I can reach X portfolio value and generate a reasonable return, maybe 5.75%, then we can live very comfortably off the income. I am within 1/4 of 1% of X portfolio value so I may be selling off the rest before May. I'm really just trying to stick with the plan.

I think there is a time for everyone to step away from the table and this is it for me. I'm past retirement age and spend too much time on investments. My wife reminds me of these two points on a regular basis.

Best,
John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext