Based on this approach, optimal allocation for equities for younger folks is probably well over 100% - and this isn’t particularly complicated to do, contra the statements in the article. Long dated out-of-the-money stock index options are a viable retirement investment. I’d tell people to seriously consider buying out of the money calls. As an illustrative example, a 120% of future price once a year for 2-3 years away with, say, 5% of your portfolio.
BUT—warning to readers: If you don’t know / understand the argument I’m making, please don’t just go buy stock options. Certainly don’t spend more than a small portion of your long-term savings on them!
Based on this approach, optimal allocation for equities for younger folks is probably well over 100% - and this isn’t particularly complicated to do, contra the statements in the article. Long dated out-of-the-money stock index options are a viable retirement investment. I’d tell people to seriously consider buying out of the money calls. As an illustrative example, a 120% of future price once a year for 2-3 years away with, say, 5% of your portfolio.
BUT—warning to readers: If you don’t know / understand the argument I’m making, please don’t just go buy stock options. Certainly don’t spend more than a small portion of your long-term savings on them!