Apple Inc (AAPL)

[roni]

Congrats spitsong!!

That is strong performance. Approximately how much of that do you attribute to options trading?


As the yield on money market funds (MMF) has increased, I am leaving much of my non-trading money there. I am starting to tilt toward a bearish view of the general markets, and have moved 80% of the money in my 457 plan to the MMF option - keeping only the international equity funds - but also keeping the monthly allocation to various segments the same - so that the money in large cap growth and value and small/mid cap will slowly grow again. When/if we see the 10-20% haircut I think the major indices could take sometime in the next year, I'll decide on moving money out of the money market fund back into equities.

Fortunately for me, another pot of money I have is managed by the Oregon Investment Council. Their returns have been good, and they were in the top 5% in pension fund returns in 2005 - but I do not have much influence over that :). An amount equal to 6% of my salary goes there each month as the defined contribution part of my hybrid pension plan. My union negotiated for the college to pick up that contribution, so it is nothing outta pocket for me.

In the meantime, I'll keep banging away with the IRA money till the metals/gold/AAPL/energy combination stops working - and it has been an incredible run for that combination.