I’d like to see it!Agree it isn't very Boglehead but I can't fault your strategy. I'm long energy/transport/BDCs/gold/long bonds/PFIX/alternatives but I won't be detailing that strategy here where I will get shredded for non-compliance. Also working quite well.So glad I printed our custom portfolio last month. This new format is difficult to navigate and a real mess...very limited too!
We've created a virtual money machine in retirement, with the following portfolio(s)...admittedly, very unBoglehead-like, but highly successful!
67%--Dividend-producing main portfolio 100% reinvested dividends. Heavy in oil and shipping and REITS+SCHD.
18%--Roth Portfolio. Created for 20 year, high octane growth, with some protections. 12%, 27% max drawdown.
QQQ--53%
VGT----8%
GLD---8%
TLT--20%
BRK.B--11%
15%--We sell Puts and Calls to create monthly income along with Social Security. Ave=28% return, annualized.
With the above portfolio, created on Portfolio Visualizer, we have a money machine that allows us to live very well in our retirement, and keep reinvesting dividends back into our main portfolio (untouched til need it one day, or passed on to family). It is a virtual money machine, because we live off 15% of our investments plus SS, while snow-balling our IRA {created from 401(k) when I retired as an airline pilot}, and Roth IRA. When you live off of 15% of your portfolio and SS, you statistically guarantee your financial future is free of stress and drawdowns. The higher the drawdown in the market, the higher our income through selling Puts and Calls.
This sort of money machine is not for everyone. I spend 2-3 hours a day in the market, most days, always learning, so there is a certain time commitment. However, with my free time, I enjoy family, friends, golf and motorcycling. I also run a retirement fund for a friend, with similar results.
Statistics: Posted by quattro73 — Wed Jun 05, 2024 9:07 pm — Replies 234 — Views 23954