Yes I enjoy watching the markets gyrations too, and playing the trading game.
But I have two pots, one for serious money, where I have money in the Qs and SPY and it just sits there with dividend reinvestment and some regular contribution. That’s been around for over 20 years. I also have a much smaller Las Vegas pot that I use in playing the market, mostly with options.
And if you really want to have fun the options table is the place to be. It’s actually how I ended up with two serious winners. I sold a BRK-B put that got exercised a couple of years ago at 160. Now it’s over 400. And I did the same when NVDA was around 200 and now it’s at 800,and that’s after a split. I’ve also had some losers, which I won’t tell you about. 😊
So it doesn’t have to be one or the other. Yes you can have the cake and eat it too!
“And if you really want to have fun the options table is the place to be.”
Try trading futures on margin!
“So it doesn’t have to be one or the other. Yes you can have the cake and eat it too!”
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Absolutely agreed. That’s where I am. I have about 25% of my assets in SP500 (VOO), 25% in VGT (tech index), and I trade with 50%.
As I get older, I will trade with less %, and put more where I don’t touch it.