EDIT: At the time this blog entry was posted I had a Youtube video here. That has been removed but I want the rest of my content to be remain. Nothing hidden no past mistakes ignored. All out in the open.
So for the Effort Portfolio, Account #2 is going to pretty much be investing in ETFs and other minimally intensive trading. It will be a good bridge between the laziness of Permanent Portfolio to the sometimes hectic and busy work of the last account.
Disclaimer: The investments and trades in my videos and blog entries are not recommendations for others. I am not a financial planner, financial advisor, accountant, or tax adviser. The financial actions I talk about are for my own portfolio and money and only suited for my own risk tolerance, strategy, and ideas. Copying another person's financial moves can lead to large losses. Each person needs to do their due diligence in researching and planning their own actions in the financial markets.
Hey Pulling, I like your sector ETF idea and had a thought regarding it. I wonder (I will do some research myself) if the "Dogs of the DOW" theory could be applied to sectors. For example, is this years worst performing sector next year's best performing sector? Love to hear your thoughts.
ReplyDeleteIt certainly could work. I have heard some strategies of selling out of a sector that gets too big like 20% of the S&P. This happened with tech in 2000 and financials in 2008. Could have saved a lot of money.
DeleteThere are a lot of strategies on different sectors performing better then others during different economic conditions. Recovering, declining, peaking etc. I am not quite knowledgeable enough for those to implement it.