I think this type of strategy fits my psychology . . .
Wade Pfau's Retirement Researcher Blog: Scott and Watson's Floor-Leverage Rule
So what is the floor-leverage rule? Essentially, it is a barbell strategy. With traditional rebalancing, one buys stocks after they lose value which can lead to portfolio depletion in worst-case scenarios. With the floor leverage rule, one doesn’t buy stocks after they fall in value, but rather only sell stocks after they gain in value. This is accomplished by building a safe and secure spending floor with 85% of the assets in the financial portfolio. This provides a lifetime floor which spending can never fall below. Next, they put the remaining 15% of financial assets in a highly-volatile 3x-leveraged equity portfolio. Finally, they conduct annual portfolio reviews. If the equity portion of the portfolio exceeds 15% of the portfolio asset allocation, then sell enough equities to return to the 15% allocation and use the proceeds to ratchet up the spending level supported by the secure spending portfolio. Otherwise, do nothing.
Wade Pfau's Retirement Researcher Blog: Scott and Watson's Floor-Leverage Rule