Dear all,
I am currently thinking about a long term investment strategy, where I don't have to be too involved in managing my money, but at the same time I am protected against sudden market downswings. The idea would be to invest into ETFs in order to reduce firm specific risk but at the same time enter a trailing stop market order (GTC) of about 10% (more / less) distance to market based on initial share price, so in case the market drops the shares get sold and the value is preserved.
I do know there is at-least some narrative against market timing so I want some feedback on this. Would this strategy be complete or am I perhaps missing something?
Submitted June 30, 2018 at 04:36AM by De_Noir https://ift.tt/2yYVWLk
