- 20%, moderate risk index funds (WealthFront)
- 40%, low risk retirement funds (Fidelity)
- 15%, high risk stocks/options (OptionsHouse)
- 10%, blue chip (OptionsHouse & Fidelity)
- 10%, cash (Fidelity)
I'm working out a new strategy where in for each of my accounts, I keep a certain mindset. So for WealthFront it will be always index funds that will probably slightly beat the market. For the Roth account which I personally trade, it will be primarily index funds + blue chip stocks that pay dividend. 401K account is largely also low risk index funds that will be dollar day averaged to be around market performance.
So that leaves my OptionsHouse account to be the only risk-adverse account, currently having about 15% of my money. I think my strategy with OptionsHouse will be to concentrate on a few stocks that I will have high conviction and high amounts of research in. These are the stocks that I need to monitor daily and know the ins and outs of. So far, this is not exacty the case with the stocks in this account but I plan to make it the case. The list of stocks I have in mind are:
EMC, DSCO, ATPG - portefouille picks which I've been paying attention to for a long time now. DSCO finally got FDA approval but it hasn't gone up thaaat much.
AAPL, LNKD options. I'm going to be primarily long AAPL and short LNKD. GRPN belongs on my short list too but currently it's at a low.
HAS, GLW, RES - stocks that pay high dividends and also have good earnings. I guess I should accumulate shares in these when low and deplete shares when high.
This list can probably get refined some but I essentially want a list of stocks that I always either watch or have in my portfolio and it just becomes a matter of how much of each stock I have based on its price action at the time.
