Thursday, May 28, 2009

Long-Term Low-Stress Plan

Ideas for long-term investment planning:

- Break account into thirds (assuming 3-day settlement on non-Day-Trading accounts like IRA)
- Select 3 or 4 stocks that reliably trend back toward the mean and are attractive candidates based on fundamentals (IBM, RIMM, AAPL, MOS, etc.)
- Take large long position with 1% stop and 5% profit target in each.
- Track performance for a month and evaluate/adjust.

Can I keep a spreadsheet here in the blog???

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