phew - I was about 700 posts behind, and I’ve just spent the last several evenings catching up. It seems like most of the posters I care about are posting here, so I’ll have to keep up.
Anyway, my softball question reflects my own situation too. I have achieved returns comparable to Saul’s over the last 12 years or so that I have the data. I know that I could convert my portfolio to some very safe holdings that would generate 4% a year,which my wife and I could comfortably live on, but where’s the fun in that? So I prefer to continue investing somewhat aggressively, in my own style, to see what I can achieve. I derive a lot of enjoyment from beating the market.
I’m guessing that’s your motivation too, Saul.
John
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I have achieved returns comparable to Saul’s
But I would guess, John, that your approach is very different - with far more use of options.
Am I right? How would you describe the differences?
Ian
P.S. I’m not a frequent poster these days, but I’m taking the Tesla on a road trip to France in the Autumn and I promise to post something on the Tesla board when I return…
2 Likes
Anyway, my softball question reflects my own situation too. I have achieved returns comparable to Saul’s over the last 12 years or so that I have the data. I know that I could convert my portfolio to some very safe holdings that would generate 4% a year,which my wife and I could comfortably live on, but where’s the fun in that? So I prefer to continue investing somewhat aggressively, in my own style, to see what I can achieve. I derive a lot of enjoyment from beating the market. I’m guessing that’s your motivation too, Saul.
True, John, it’s a game and I’m a game player, and I love playing it.
Saul
10 Likes
True, John, it’s a game and I’m a game player, and I love playing it.
That’s interesting. I guess it’s an age thing.
Personally, I’m retired and look to capital preservation. No big deal about your approach, unless you’re over 60.
I have two sons in their late 20’s and I’d not be surprised if they took a similar approach. Except the older is playing with software (and a gamer) and the younger is playing with meteorology - looking for a PhD.
It’s better if people understand time horizons for their age groups.
But I would guess, John, that your approach is very different - with far more use of options.
Am I right? How would you describe the differences?
Hi Ian:
Yes, certainly a lot of my performance can be attributed to options, but also some well performing stocks - AAPL, NFLX, TSLA, and numerous smaller positions.
I’m taking the Tesla on a road trip to France in the Autumn and I promise to post something on the Tesla board when I return…
Ian, I’m so jealous. I would love to do some touring around Europe in a Model S. Maybe they’ll eventually have reasonable rental prices.
I look forward to hearing about your trip on the Tesla board.
John
2 Likes
True, John, it’s a game and I’m a game player, and I love playing it.
That’s interesting. I guess it’s an age thing. Personally, I’m retired and look to capital preservation. No big deal about your approach, unless you’re over 60…It’s better if people understand time horizons for their age groups.
Hi Polymer Mom, I’m well into my 70’s but don’t see any reason I should limit my performance in the market because of it. I don’t think of myself as old most of the time, by the way, just when my joints ache.
Saul
25 Likes
I know John is in his 60s and retired. I am closer to 70 than 60 and I believe there are others who frequent this board in the same age range.
I don’t own a single bond although I do have some dividend payers. Other than a bank account paying essentially nothing where inflation still is a risk, how would you propose to go about allocation and capital preservation? I figure if I can wait out a recession and even buy bargains during those opportunities retirement will be just fine.
David
8 Likes
phew - I was about 700 posts behind, and I’ve just spent the last several evenings catching up. It seems like most of the posters I care about are posting here, so I’ll have to keep up.
Hi John, I’m really flattered that you would catch up on 700 posts. We really do have great posters here and it has turned out to be a wonderful board with lots of exchange of information. Thanks for contributing yourself.
Saul
1 Like