I have changed my expectations for my LC investments from 9% to 7% to anything between 6-7%
At least we are still making money.
Yeah, I've always wanted basically (just?) 6% or better believe it or not. Where else are you going to get that?
LC sent me a survey a few months back and that's what I told them regarding my expectations.
BUT, 5/9 reminded me that risk and reward are always joined at the hip. I was reminded how much risk I was taking for that HUGE 6%.
No one expected or predicted 5/9. (I even lost $4k trading LC stock). A reminder to me that I am taking a big risk to get that 6%+; and so it should be. DUH?
There is a downside that I had underweighted before, but think I've taken appropriate steps to accommodate that risk.
Not so different than the stock market. No shame in selling half your position given current conditions as one sees them..
My standard investment is about 5% of my liquid net worth.
When I started with LC that's what I invested. With profits it grew to more than 8%; so the need to scale back; now down to 3.8%.