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 (109319)9/14/2008 11:21:25 AM
From: CommanderCricket2 Recommendations  Read Replies (4) of 206223
 
Swan,

"I'm trying to lose the beta in my PF"

I should have addressed the issue of volatility. The gains in the future WILL NOT match the gains in the past because I'm slowly becoming more conservative. Getting to the point where 10% - 15% is enough and there isn't any reason to take on additional risk. 10% - 12% a year on a low to mid 7 figure portfolio is more than enough to live on.

In the future will write more covered calls, hold dividend paying stocks and less short term trading with the exception of options. Options are a kick to trade and you don't necessarily need a bunch of money to play.

Michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext