Lets talk Investment Vehicles

[-KB-]

I'm not sure I agree with you here. For an unsophisticated investor, an index fund can be a pretty good choice for long term investing. A SP500 fund, a Wilshire 5000 fund, another one or two gives a wide range of exposure and low cost. What percentage of actively managed funds actually beat the market each year? I don't know, but my guess is less than 50%, and you pay higher mgmt fees.

Agree. Further, what's the chance of an average investor picking those funds that actually beat their indexes?

 

[Rider]

S&P Option Selling right on the Index. I sold puts in the 1400-1500 range with 35 days left until expiration. As long as the S&P doesn't drop like a rock(currently its at 1877), my options I sold expire and I collect the premium.
It's a good way to make some small returns. I don't go for the big home runs here, just small consistent base hits. Risk management is the key.

Some guys who have a higher risk tolerance than me play it big, and make mind boggling returns, not me, I like to sleep at night.