Rebalance

Investment Worlds Are Fickle

It all starts with a plan. You’ve heard me preach this philosophy over time. I do it because it works. Remember, you are not always right. In addition, the worst action you can take relates to greed. You’ll never go broke taking a profit.

Boeing Comes Back To Life

For various reasons, I prefer to buy long-term, brand-oriented stocks when they are undervalued. I’ve been onboard with Boeing (“BA”) for almost fifteen months. It’s been a lot of work, but very rewarding thanks to naked puts and covered calls. If you recall a couple of my prior posts, I’m a revenue seeker. That’s what we are finally starting to see from Boeing, but as we know, anything can happen.

I often rebalance my portfolios. I’m not greedy. You should not be greedy either. It’s a. great way to take advantage of “what’s next,” in this case. Overall, I’m up more than 35% in my Boeing position. I think it is going much higher as revenues explode, but you never know.

I’m pretty certain that interest rates are going to head lower as well, so there’s a place to allocate the proceeds. I’m buying TLT and 30-year bond futures. Makes sense to me. How about you?

I love Broadway. If I could dance, that’s where my career would have taken me. As we all know, I cannot dance, so here I am. Angela Lansbury could dance. She could sing too, but lots of people can sing.. I wonder if she could pick stocks? What’s more to my liking here is that “Mame” could open a new window. Times change, and it is critical and important to be part of that change. I’m there are you?