Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
I suppose most would perceive us as reckless investors in that we are 68 and invest solely in equities. Granted, they are mostly close to the vest, buttoned down large cap dividend stocks, conservative sector ETF's and dividend ETF's. We focus on industrial, energy, healthcare, technology and financial sectors. We invest in several MLP's inside our IRA's.

We just can't pull the trigger on bonds or security-driven allocation pieces of the pie. We consider an investment in bonds a willingness to stay even at best or even an admission that we accept loss in the name of safety with inflation at 2.5% What is the point in doing nothing? Protection to us means small loss against potential large loss. We prefer protection that adds, not defends passively.

We're like most folks who lost 40% of their money in 2008. I didn't know a trailing stop from a hole in the ground then. So we do 10% and 15% trailing losses on anything we do even though we know trailing so close to prices is a recipe for quick hits on a really bad, not catastrophic day.

You would think with our past we would be overly cautious but outside of standard criticism of our method for not protecting ourselves I wonder if anyone might offer investment strategies that might more safely protect our assets than we currently are? And not the kind in which we just trade dollars. Thanks for anyone who has anything to suggest. Safety netters, fire away. We're thick-skinned.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement