My Portfolio Investment Rules/Guidelines
Someone asked me if I could share my Investment Rules that I mention in my Video interview with Moe. I can't find who posted the question and on which post. lol.... So I will just post my investment rules here as a new post.
I mentioned in my interview that when i started my transition to my Derivative Based Passive Income portfolio, I decided to actually write down the rules I want to live by / or use as guidance. It sounds silly, but by writing them down - it helps reenforce and remind myself so I don't go on tangents without at least consciously think about it and if I need to change my rules or not.
Of course over time - with learned experience - some rules have been slightly changed or even one has been removed. My Rule "never invest in single stocks" was removed since many of my single stock underlyinig ETFs might violate this rule yet I use them often now.
So below is a clip from my spreadsheet of the rules I try to follow...
