Leveraging buy and hold strategies (while hedging for black swan events)


The title sums up my question, but how would one optimize a buy and hold strategy to maximize gains in the long run? I’m starting my career in tech right now and I should be able to build wealth pretty consistently (currently saving around 1k each month).

The safest way would be to have a firm invest my money or put the money in bonds, but I don’t mind taking some risk in the stock market (nothing too dangerous, a simple buy and hold on the SPY or some index like that).

I’ve been getting into stocks since covid so I have some knowledge about trading (I also like approaching trading using statistics and quantitative analysis since I come from the computer science world).

Are there any strategies that I can read about that are similar to what I’m looking for?

Right now I’ve found variations of the 200 ema buy and hold strategies provide some protection agains black swan events, the question is, can I leverage these strategies (using options or something like that)?


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