kimchi wrote:Reason for XOM 50% is because I have some insider informations. That's the reason why I take the higher risk.
This is a big mistake.
The US is really short of money, so they will go all out to claim whatever money they can.
If you are trading based on insider info, they will come after you and milk you dry.
kimchi wrote:For GOLD ETF, I understand its near bubble. But latest forecast point towards crude oil price increase and US currency dropping. The GOLD ETF will help to absorb some exchange shock.
You should increase your allocation to this.
By end of 15 years, it would probably be double what it is now.
