Locator: 49952INVESTING.
Investing, not trading.
Buy and hold, literally forever. Taken to extremes, poor outcomes.
Concentrate on sectors.
1980s - 1990s, beginning to invest, age 30 - 45 --
- mutual funds (three)
- individual stock picking -- two sectors:
- energy (Big Oil); and,
- communications (ATT)
1990s - 2010s, great anxiety about my investing strengths; raising a family, age 46 - 60 --
- mutual funds
- IRAs
- Roth IRAs
- TSP
- I was maxing out my investing; I literally thought about the market 24/7 (along with work, and family)
2010s - 2020s, glide slope, but up and to the right, rolling horizon, each day: 30-year + one day --
- at crossroads: individual stock-picking vs ETFs
- foundation in place:
- insurance
- pension
- retirement accounts
- established portfolio
- heavily weighted in AAPL and energy (CVX, COP, ENB, EPD, etc)
2022: then things changed --
- although the fourth industrial revolution was a "thing" as of 2016, for the mom-and-pop retail investor, the tipping point came in 202- 2022 --
- go to this link, to be continued.