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<blockquote data-quote="Suigin Trismegistus" data-source="post: 83380" data-attributes="member: 487">I&#039;m taking full advantage of the rotation out of tech and into commodities. A good chunk of my wealth is in what would be deemed risky and speculative positions in gold/silver/uranium miners, but the risk is spread out across different names, with a bunch in ETFs like GDX and SILJ for safer beta exposure, and I&#039;m well in the green as I bought years ago. We&#039;re in a bull market so it&#039;s just a matter of remaining solvent until the upside targets are hit in the future. I&#039;ve built up a buffer of one year&#039;s expenses that I&#039;ve got in a money market ETF. Can always increase that to two or three years as the stock market gets more and more mature this year.Then it&#039;s a matter of going big on cash secured puts once things roll over to buy the bottom in tech stocks. In the meanwhile, just going to keep selling put options and collecting the premium on GLD &amp; SLV as I think we&#039;re mostly bottomed out there. Basically free money as the options usually expire worthless, and if I get assigned then just do covered calls and run the wheel to pay the margin premiums.Going to head out and buy a large sack of sushi rice tonight. Buying in bulk and stocking up, as I think food prices could get more expensive towards the end of the year with everything going on, even if the Iran-Hormuz situation winds down now. Broke NEETs are going to be starving if they don&#039;t prepare.</blockquote>

[QUOTE="Suigin Trismegistus, post: 83380, member: 487"] I'm taking full advantage of the rotation out of tech and into commodities. A good chunk of my wealth is in what would be deemed risky and speculative positions in gold/silver/uranium miners, but the risk is spread out across different names, with a bunch in ETFs like GDX and SILJ for safer beta exposure, and I'm well in the green as I bought years ago. We're in a bull market so it's just a matter of remaining solvent until the upside targets are hit in the future. I've built up a buffer of one year's expenses that I've got in a money market ETF. Can always increase that to two or three years as the stock market gets more and more mature this year. Then it's a matter of going big on cash secured puts once things roll over to buy the bottom in tech stocks. In the meanwhile, just going to keep selling put options and collecting the premium on GLD & SLV as I think we're mostly bottomed out there. Basically free money as the options usually expire worthless, and if I get assigned then just do covered calls and run the wheel to pay the margin premiums. Going to head out and buy a large sack of sushi rice tonight. Buying in bulk and stocking up, as I think food prices could get more expensive towards the end of the year with everything going on, even if the Iran-Hormuz situation winds down now. Broke NEETs are going to be starving if they don't prepare. [/QUOTE]

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