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Setting up both a short term and long term portfolio

QuestionsCategory: QuestionsSetting up both a short term and long term portfolio
Jill Miller asked 4 years ago

Hi Pat,
Was wondering if you could put together a video on how to set up 2 totally different portfolios. One would be a more short term account – trading the stocks that you scan and trade on your service. The other would be setting up a much longer term portfolio that you would not trade very actively.
Let’s assume there is $100,000 for each account.  How many stocks would be held in each account.  How would you layer in the longer term account now that we have had a nice correction.  Where might you set buy stops and once invested a sell alert – especially for the longer term account.  Would you choose totally different types of stocks/ETF’s to hold in the long term portfolio?
Many thanks in advance!

1 Answers
Avatar photoOwen Staff answered 4 years ago

Hi Jill,
Video from Pat:
https://youtu.be/fpZ8YTalplY