Mantra for a good, happy life in upturn or downturn.

Speculation:

a. Cover your lunch

b. Cover your electricity bill

c. Cover your insurance

d. Cover your mortgage

Keep a target say 8%, and follow each a/b/c/d in a disciplined manner

Investment:

Four layer cake:

1. Tbill, Municipal BONDS, CD's, LADDERS (50%)

2. Vanguard, BlackRock, DRIPS (30%)

3. Personal loves -- most likely AAPL, MSFT (20%)

4. Risk takes -- TSLA (10%)

This is the mantra for a good, happy life in upturn or downturn.