Good time horizon, what do you plan on using this money for when the 10 years is up? Do you absolutely need this money 10 yrs. from now or can it wait 10 more yrs, do you even need it at all? Without knowing your objective I will share you mine. I am still looking for pure growth and might I add that I am aggressive. Do I need the money that I have invested now, eh, I would like it to be there for the most part in 10 years. For 2007 I have a portfolio that is 90% international and 10% in options. I rebalance once a quarter because of the amount of money I make with options, If I'd continued to let my portfolio ride this past quarter it would of looked more like 98% options and 2% international. Options is where I have and would like to continue to bank money in. The problem with options is you need to keep up with real time quotes and prices as they change in the market. It's not uncommon to get 100% + returns on your investments in a day with options. And you can still make alot of money even when the market goes down. The thing is don't get greedy, if your up be happy and take it. With options you have leverage on your side, thus seeing 100%+ returns easily. If you have experience with stocks and keep up with you favorite company about earnings reports and the market outlook its definately a diamond in the rough. Don't get me wrong people do lose a ton of money playing options wrong. Make sure your companies have enough trading volume so you can get out when you want. On average I would say I play an option for 3-5 days, but that is b/c I am expecting a quick jump or decline in mkt price. I am a financial advisor so options is part of what I do, limited but a part. Don't start a fire if your not prepared to deal with the flames.
2007-01-05 17:01:07
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answer #2
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answered by DreamMaker 2
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