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S Illinois | Not sure how big of technical trading background you have, but for pure spec plays I would want as much of that knowledge as possible depending on your time horizon. It seems like fundamentals tell us where we are going, but technicals tell us how we get there. The best bet is usually to put on defined risks trades with stops just in case. Also forget everything about crop production that you know. As much as we complain about traders, in that business knowing much about crops can actually be a hinderance.
I have to ask though, why are you trying to do investing in a universal life policy. Those are some of the worst vehicles for investments especially if you do,not have anyone that relies on your income if you should pass. Simple Vanguard mutual funds will do the same thing with a much smaller cost. You might want to fund a Roth depending on tax rate with some of your funds as a way to build up net worth. | |
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