Greetings,
I've had my LC IRA for a year now and appear to be doing fairly decent and appears to hover around the 75th percentile of similar portfolios. So far I've stuck with Peter's (and LC's) limitation of the 10% limit of funds. However, I've been thinking of bumping that amount up by a fair amount. Things have changed since Peter wrote that article 5 years ago in that the industry has somewhat matured. In addition, I'm at the point of my life in which one normally rotates from stocks to bonds. A possible thought would be to purchase shorter term notes on folio even at a premium.
So my question for the community is what is your own personal maximum recommendation for my LC piece of the investment pie and what are the risks you currently see in investing more in LC?
Thanks in advance for your thoughts. And if this topic has been addressed ad nauseam, please point me to that thread as a quick search did not turn one up.
Jim Steele
I've had my LC IRA for a year now and appear to be doing fairly decent and appears to hover around the 75th percentile of similar portfolios. So far I've stuck with Peter's (and LC's) limitation of the 10% limit of funds. However, I've been thinking of bumping that amount up by a fair amount. Things have changed since Peter wrote that article 5 years ago in that the industry has somewhat matured. In addition, I'm at the point of my life in which one normally rotates from stocks to bonds. A possible thought would be to purchase shorter term notes on folio even at a premium.
So my question for the community is what is your own personal maximum recommendation for my LC piece of the investment pie and what are the risks you currently see in investing more in LC?
Thanks in advance for your thoughts. And if this topic has been addressed ad nauseam, please point me to that thread as a quick search did not turn one up.
Jim Steele