william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
- 280
S&P, Treasuries, and REITs to get started. Use optionable ETFs and when you get your head around those three you can then consider adding other ETFs. For the balance to go up you have to reinvest Dividends, interest, cash distributions and option premiums. You write call options to reduce the risk to you of a bubble. You write puts to reduce bear market risk. Reinvestment accounts for more than 90% of market growth 1929 to now. Shoot for about 6%/qtr but you really do need to reinvest all of your incomes to do that including option premiums you get because you will get bad news from somewhere at least once a quarter. Just grin and bear it. But do get in an investment club you can stomach to make sure you are not doing something stupid from the start.