- You can be right on the industry/sector but wrong on the specific company within that area so I prefer ETFs.
- IMO, High flying specs should only encompass maybe 5% of one's portfolio. So let's talk the other 95%.
- Buy and hold is categorically inferior to tactical asset allocation (TAA) where TAA trades/rebalances once a month. Takes 20 minutes.
- Folks generally have no framework for making investment decisions. If your investment rules ain't written down, then they ain't real, and becomes news and emotion driven which is not good.
- Many younger folks have limited choices with company 401K's but still have no tactical framework for how to allocate assets.
- A better sleep at night solution is what I use, which is Allocate Smartly. I'm a paying member there and not associated with them in any other way.
- I asked them to set up a user blog thingy like reddit but they didn't want to go there, so I opened a subreddit myself and seeded it with a bunch of what I think is useful stuff.
- I'd encourage folks here to take a look. Sub name is AllocateSmartly
- I'd probably start with the Some Free Blog Posts thread to get you started. Thanks
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