Hi Pat – I’m a new member looking forward to learning from you. I need help in building a sound portfolio. I’ve been told it’s best to allocate funds into short-term, medium-term and long-term buckets or accounts.
- short-term – swing trade account with higher risk/reward
- medium-term – longer holds (weeks to months)
- long-term – investments (holds months to years)
Do you share this view or have another? If so, what portion of one’s capital is reasonable to swing trade with?