No. of Recommendations: 29
I have been working on and following a lot of MI technique for about 25 years, but haven't had any money in it for quite some time.
I just thought I'm mention that I'm restarting it Monday, since at least at the moment we're in a bull market.
It's very traditional MI, quite diversified, more or a "roll your own index" approach. First day will be 66 tickers.
Mostly boring stuff for most of it, similar to the philosophy of LargeCapCash, plus a few picks of potentially high returns just as leavening for the loaf.
For now the trading cycle will be every 2 months. Some things may have a longer minimum hold.
I'll post my returns from time to time, if people are interested. To make the tracking easy I put it in a separate account, and we'll pretend the starting value is $1 million.
The account will be paying 30% tax on almost all dividends received, immediately on receipt. Slightly different rate for a few things not US domiciled. No cap gains tax.
Jim