Tiring of having 2 homes?… yep, sooner or later that happens. I’m having second thought about life in a condo - yes, the ocean across the street means one can go fishing any time - but the hyperactive government likes to “replenish” the beach (I guess, in part it’s done on the federal dime) - and for some reason, this scares away the fish. They must be smelling something, from this pumping of sand from the ocean floor.
For exercise, it’s usually swimming laps - or long walks - or Gym. Always liked to smoke a nice brisket - but, that’s not in the cards. Place too civilized.
Anyway…. Like you, I keep some cash - between 20 to 40%. Plus / minus. It’s easier to do lately - brokerages pay a meaningful return.
I guess what I’m doing is best described as momentum. Right now, I don’t have much commodity exposure - but will be quick to get some, as soon as they turn stronger that the broad market (SPY). The bulk of the exposure are index ETF’s.
Did get into the dividend game a bit - developed a stable of dividend payers. But, I have an attraction to the wild ones, paying large numbers. Getting a little tired of them - relatively few go up in price - and I don’t like to see red - so, I have to rotate them. Sometimes they’re fun - 2-3 years ago bought a position in PBR - because they paid a pretty crazy dividend. Over time, they lowered the payments - but they’re still OK. And - while the price still swings around, it does so at higher levels.
My kids got me interested in Bitcoin. But, I came to like BITO - an ETF which holds Bitcoin futures. They make money because, historically, they buy futures further out in time, and sell the current month. Turns out that for Bitcoin, most of the time this is profitable. Enough to pay a nice dividend - sometimes very high, actually.
So, keeping track of things, for fun and profit. Life goes on. |
