My goal is 15% a year... so what strategy?

Quote from $CostAverageMAN:

11-30-06 01:05 PM

buy with the prayer of a JAPAN rebound....

BUY---- NIS, MTU, HIT, SNE, MC, NMR, KUB, NIPNY, IX, MLEA, TMIC, WACLY, NSANY, DCM, TDK, NTT

AND THIS years good ones KYO, KNM, TM, HMC, FUJIY, CAJ

This is horrible advice, but I thought it would be funny for old Stock Trader.....Be the Contrarian and play around with thinly traded Japanese ADR's...

That's my best guess of a buy and hold strategy for 2007-----I doubt many even thought about something this outside the norm....

It could work and if the dollar begins to show some strength you could get a nice bounce in the Nikkei.....

$COSTAverageMAN


Not bad advice considering the Nikkei just closed at an 7 yr high

If you picked the proper stocks you would have close to your 15%...

$COSTAverageMAN

They never take the best advice...why?? I'll never understand the logic.
 
Rearden,

In addition to paying more commission and posting larger margin for the same position, they also give up the benefit of selling the higher IV (skew) on the puts vs. calls.
 
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