Unfortunately my wife had a death in the family and we inherited some capital, nothing major but for us it's substantial as we area a modest family, I would hate to park this money in the bank, particularly with low interest rates. Your suggestions are much appreciated.
Before you put the money "at risk", make sure that you know the Federal and state taxes owed on the inheritance and put that aside / pay them. Also, pay off credit card debt and medical bills outstanding. After that, you might want to open and max out the contribution into ( according to the level of what your income can prove ) an individual ROTH IRA for 2015 and 2016 ...
for all/most of 2016? one question is - when will the next large correction / crash occur? [this is the nature of markets, i think] marc
NQ/QQQ/NDX (Nasdaq-100) will take all-time highs in 2016. Anyone, wishing to bet against me, just like Marketsurfer did this year, I take even money on this bet.
not sure about that, Just keep grinding SPY and use options and not kill yourself trying to choose a stock based on what the CEO says, analysts try to sell, or balance sheets that might or not be kosher. Trading is much better the more variables you remove from the equation. Look at KBIO, it was a double digit stock and then Poof gone the next day.
If you are buying the near month contract and rolling, doesn't the repeated roll into contango offset gains on the price trend?