This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

A Portfolio for Those Who Just Give Up

In every bear market, some folks decide they aren't cut out for stock market investing. However, that realization doesn't eliminate the need to save for the future and have that savings grow at a reasonable rate.

This got me thinking about what these folks could do, and I came up with the "I Give Up" portfolio.

The portfolio has very few holdings, should be less volatile than the market and will hopefully be a decent holding place. Of course, bear markets come and go, they tend to be similar to past bear markets, and eventually give way to a new bull market, so investors who give up should still consider getting back in the game at some point.

But in the meantime...

Gateway Fund (GTEYX) -- 30%

This is the no-load version of the more-well-known GATEX. Gateway is a call-writing fund, but unlike some of the other products in this space I have written about previously, GTEYX is actively managed. The managers have done a good job of being less volatile than not only the S&P 500 but also the CBOE Buy Write Index, which is the benchmark index for this type of fund.

GTEYX is down 5% since the market peaked, vs. a 20% decline for the S&P 500. The expectation for this fund should be that it will outperform the S&P 500 during down and flat markets, be about the same when the market is up a little and lag when the market is up a lot.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TEI $9.49 0.00%
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs