re: Retirement goal and how to get there: looking for advice / opinions

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KWL85

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A friend (whose made himself wealthy via the market) has urged me to start this approach now. Basically, 3 'buckets' - one for certain stable value stocks w/good dividends, one for volatile growth stocks and opportunities via options, and another for get in / get out situations. And the ratio for each should adjust as I near retirement. The latter two are what I've been doing for about 2 years now and I've done well but there are weeks and months when I don't have enough time to research & pay attention to the market. Which was really why I am asking for other ideas in the first place. Thanks KWL85

I refer people to Jason Kelly.

He has three growth portfolios, of which only one has really driven the tremendous performance his Letter has seen. It's called 9Sig and it is value cost averaging with TQQQ, a 3x NASDAQ-100 index ETF. This plan has been the reason why I was able to retire without care in my early 50s.

Even better, he has an Income Sig plan once you decide to hang it up. I am doing this which most of my funds, with some still in growth. I have more income retired than I did working.

His letter is expensive now, but wasn't when I joined it 15 years ago. However if you are young with a high risk tolerance and want a proven methodology that allows for booms and busts, I can't think of a better plan.

For retirement, the path to income has been nothing less than amazing. It is also designed to deal with a downturned market for several years. Jason is a sharp guy who does not manage anyone's money. He has spent most of his professional career trying to help DIY investors.