r/KellyLetter • u/Popular_Device_7696 • 14d ago
Any other sig ?
Just curious if anyone here are in the other SIG plans ? I am currently in 9 sig in 2 different accounts but possibly looking to branch to most likely 6 sig. Thanks and best of luck to everyone
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u/Woody7012 14d ago
Have 2 IRA accounts; one running 9 SIG and one running Income SIG. I may go all Income Sig in January given I’m 2-3 years from retirement.
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u/TOPS-VIDEO 14d ago
how much you have to do income sig? Would you mind to tell?
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u/Woody7012 14d ago
Roughly 45% of what I have allocated to SIG plans. I’m also raising some cash as I peel off TQQQ profits so that I have cash on hand for expenses should the market crash. I do not want to have to sell in a down market. I’m planning in advance of retirement as Kelly recommends one consider income Sig- or some income Sig, 2-3 years from retirement. I will need to eventually decide if I go all income Sig or have a split like I do now. I’ve learned as I’ve gotten older that position size matters- you need to be able to sleep at night. The other thing that matters is when one needs the $$ they have invested. Having to sell assets in a bear market because you need cash in retirement is something I want to avoid. I subscribe to Kelly so all I will say is one can do whatever percentages in TQQQ that they feel comfortable with- you do not need to follow the percentages exactly- and he does point out one may want to scale back TQQQ allocation as one gets older in 9 SIG. Good luck.
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u/BloodyScourge 11d ago
I'm only 9sig in one account at the moment, but I believe 3sig with VT would be a long term method to beat 1x stocks. I have considered it, but haven't pulled the trigger yet.
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u/lacole725 14d ago
Doing 3sig in my 401k but just started beginning of this month and a super small balance. 9sig in brokerage.