jIMOh
Thinks s/he gets paid by the post
Curious if anyone other there took on more risk at some point when investing for retirement?
For example, in my case, once I hit 200k, I am considering putting around 10% of portfolio (20k) into a leveraged fund ULPIX. That is ultra bull for anyone not familiar, it gives 2X return of S&P 500.
With less than 200k I prefered a more steady ride, but thought once I hit 200k, 20k was a good enough chunk to take on more risk.
Curious if others increased their risk profile at any time while saving for retirement (increase implies risk profile was X, then you increased it in an effort to boost returns). What triggered the increase in risk? Dollar amount invested? Inheritance? Change at work? More income?
For example, in my case, once I hit 200k, I am considering putting around 10% of portfolio (20k) into a leveraged fund ULPIX. That is ultra bull for anyone not familiar, it gives 2X return of S&P 500.
With less than 200k I prefered a more steady ride, but thought once I hit 200k, 20k was a good enough chunk to take on more risk.
Curious if others increased their risk profile at any time while saving for retirement (increase implies risk profile was X, then you increased it in an effort to boost returns). What triggered the increase in risk? Dollar amount invested? Inheritance? Change at work? More income?