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Step 1: 100% allocation to Jan 2020 Disney Calls
Step 2: Profit and quit job
one other thing I wanted to add - don't hold REITs or other income producing security in your taxable account. place those in IRA for tax advantaged growth
Totally agree with this assessment of Disney.
As to the portfolio, at your age, I'd knock the bonds to 5% or 0% (I'd the later). You're very young and have years to recover from anything. As for REIT, I know you're going for an ETF, but take a look at adding some ARI in. I've had it since 2011. It's been fantastic. Don't go all in, but I'd add a little. My 2 cents. Good luck.
Good advice, thanks! I wanted to knock down the bonds but everything I read has a sound allocation % for them. As for ARI, I have a few shares of LXP that I thought would be better served if I sold them and converted to an ETF. Perhaps I’ll hold a few back just for the dividend?
Why Disney calls ?
Disney+ actual numbers for subscribers will be out by then. Post Q4 earnings. They’re down now, figure they can rebound. Could just buy shares now too but I’m going for a big swing
Invest in a healthcare ETF too. The Vanguard one has like a 15% return