1. The strategy needs to reduce exposure to risk through diversification. For now, we will have a goal of bringing the total assets in all accounts in line with the following percentages:
A. Not more than 5% in any one entity such as a stock, fund or bond.
B. Not more than 20% in foreign markets.
C. Not more than 10% in any one sector.
2. Our main focus for the moment will be the DOW 30 stocks. Later we will look at other opportunites.
3. We will keep between 5 to 20 percent in money market at any one time and search for higher yields in secure instruments such as treasury and equivalents.
4. We will use covered call writing to help increase total return as necessary.
1. Current allocations and values.
2. Target allocations.
3. Performance. Comparison with different statistics.
4. The different sectors in focus.