Cryptocurrencies are in general retreat, and the jury is out whether it’s a healthy retreat or the beginning of a bear market. I take lessons from the Internet stock market bubble of 2000.
Author Archives: PRIMARY team of TWO
Good Idea #11: Diversification
Diversification is critical for a higher probability of achieving your long-term goals of financial freedom and a prosperous retirement.
Good Idea #10: Alternative Investments
Crypto, crowdfunding, collectibles, wine futures and fine wine, etc. are all alternative investments that are out there, some for decades, that you may not consider as real investments at first thought. However, many of the highest quality of all of these can generate real investment returns.
Good Idea #9: Writing Covered Calls
Consider writing, or selling, covered calls to enhance portfolio income.
Musings and Ramblings #5: The System is Rigged…
Yes, the system is rigged. Everyone knows it’s rigged. It’s rigged for you. In more ways than you can count, if you are smart and patient.
Good Idea #8: Build Your Own Portfolio
“A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.” Burton Malkiel, “A Random Walk Down Wall Street” Many “experts” want to sell you a system, even if you don’t consider them to be a system. Mutual funds, ETFs,Continue reading “Good Idea #8: Build Your Own Portfolio”
Musings and Ramblings #4: Millennials, Gen Zer’s, and the Market
Millennials and Gen Zer’s – While we may not understand them and how they get things done, they do. Don’t disrespect or underestimate them.
Good Idea #7: Multiplied by Time
One of the key parts of your long-term, retirement-focused part of your portfolio is how they perform over the long-term. Of course, we want every investment to be a home run, but the season is 162 games, and not just one at-bat. To succeed over the long haul, you need investments that will grow andContinue reading “Good Idea #7: Multiplied by Time”
Good Idea #6: ETFs, with a Twist
While you’re probably reading this because you have a good handle on your investments, it may surprise you that I like Exchange Traded Funds (ETFs), or a group of securities that trades and acts like a stock – you buy shares, hold them just like you would hold shares of company stock, and can sellContinue reading “Good Idea #6: ETFs, with a Twist”
Good Idea #5: Don’t Let a Winner Turn into a Loser
How do you prevent a winner in your portfolio from becoming a loser? By using trailing stop-loss orders.
DECADES to Wealth 