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bigworld

05/17/17 2:05 PM

#12022 RE: gfp927z #12018

gfp: I'm only going to put $100 K into high risk strategies via options. It's an amount I can risk without changing my retirement outlook. The bulk of my investments are in precious metal mining ETFs, some energy and some agriculture.I have a couple of small biotech companies that are down considerably that its not worth selling at this point. I'll just continue to hold both as lottery tickets (PPHM and CVM). My main 401K is 80% in cash, 10% in commodities and 10% in emerging markets. I could pay off my house in cash but the mortgage rate is 3.5%. We will get a crash at some point. If the Deep State wants to destroy the Trump Presidency then I am well positioned with Precious metals and with my Leap Puts on the XLF. I'll add more puts on if this downward market action is more than a one day wonder. If I'm still alive when the market has corrected and bottomed I'll opt to go the conservative route by buying up large cap dividend paying stocks, and perhaps bonds if the interest rates once again become attractive. But we're a long, long way from there. If the Deep State removes Trump we're going to have a lot of unhappy citizens, myself included. That would definitely send me over the edge and convince me to retire abroad.