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I got off on the wrong foot in investing and chased investment schemes that friends told me about. I finally got focused on a simple S&P 500 index approach. As I am 71 and having had some of the highest earning years recently, I have made up for lost ground. So financially I could be fairly passive, but I actually have fun trying to win in the market.
The investment strategy world is so full of “approaches” and “models”, I could spend the rest of my life expectancy trying to divine the best one for. That said, I have stopped listening to CNBC and Jim Cramer and look for something deeper.
I have latched on to Tik Tok and heard this guy say he had nothing but got wealthy after reading the Turtle Book. I realize that most guys are selling something, but I decided to buy the book. I am very intrigued.
I have kept a lot of my money in S&P 500 and started into QQQ about 6-7 years ago. I started stock picking for long positions about 5 years ago and done well, dealing it’s hard not to do well since post Covid. I dodged the worst of Covid by sheer luck of converting everything to cash. I bought again when things were low and built some real wealth on the other side of Covid.
A few years ago, by chance I met a finance professor who taught me the basics about options.
But, I have struggled to have a disciplined approach to using them.
The Turtle approach is interesting to me because there is discipline. I haven’t finished reading it, just finished chapter 5. I wonder if there is a place where I can take two weeks off, like the Turtles and really dig deep.
I’ve seen you written related books, and have podcasts. Maybe that’s where I can go deep. I can work TOS paper trading, frankly, I want to take a decent portion of my investments and quickly put them to work to see if this works for me.
I love math, so I loved Chapter 5. That said, I have a lot to learn here.
So, how can I get deep into learning and practicing this rapidly?
Paul
My courses are a great start.
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