Sticking to the plan is the best idea. I will do that, even if it starts to get boring. Investing is not to entertain me but to make me money.
I use my two mechanical strategies as I did many years and as I probably will as long as I can.
We are inside an already long-lasting bull market in stocks, nobody knows when it will be over. That means my “growth-momentum” strategy hardly finds new stocks to invest in. But that is OK. There still are some that I can buy more, double down, if my money management tells me that I have to invest more. My money management is based on the actual value of the portfolio, the minimum value of the actual portfolio value and the value at buy time and the difference of the SP500 to it’s last high (which is close to zero at the moment). That means I have to buy more only if the SP500 goes down or if the system tells me to realize gains.
Now, my mechanical dividend strategy was always boring. But I live off that strategy, so it better stays boring. The only real action there is the “crash recovery” that takes place in bear markets. I think next week there are numbers for DOW, a stock that is with me since over a decade, more than 40 nice dividends. But if the stock does not fulfill my criteria any longer it will be sold and the money will be distributed to all stocks still on buy that are worth less than 4% of my portfolio. The Dupont merger and separation probably left DOW in a strange state and the numbers may rise the risk for me. Does not have to be a problem at all, but my objective is to hold as long as possible but not longer. And if the risk rises my strategy commands me to sell.
Details about my mechanical strategies and a complete description of the dividend strategy here: