Right now, I am buying and holding (a few) companies that are developing cutting edge technologies. For example, nanotechnology (I own shares of IBM). Tech companies are a good buy now.
During the panic last week, I took profits on FAZ, and AGQ. I took those profits and bought shares of AGD. (IBM did well last week.)
Its good to spread your money around. Its good to have some etfs, including short and leveraged etf s (I think so). Its good to have some cash on the sidelines for puts an/or short funds, or to buy a discounted stock. You can't do that without any cash.
I am becoming more of a believer in taking profits and playing with the houses money.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment