Mike Toney-Hoffman: I’m definitely an investor. I’m both for sure. I think I would actually say more of my money is in investing because I’ve always been in or more of my money is just sitting in long-term investments.

I have a lot of ETFs, just invest in the S&P. I’m still a dividend investor. I still invest in dividend growth ETFs. And those are just sitting there. And then my trading portfolio, the goal of that is just to beat those essentially and just diversify to an extent.

I’ve always been big on diversity to an extent. And so that’s why I’m a big ETF guy. It does the diversity for you and generally goes up over time. And then you gotta take it a step, I take it a step further and diversify even away from just passive investing, which may or may not be doing good every year and try to build out my own strategies that, ideally I’ll perform, I track, I have a trading journal that I track everything in and I compare myself to the SPY, the S&P 500, the (QQQ) and not only is the goal to of course beat the index, but it’s to diversify away from the index as well. Cause all the time, I think my ETF portfolios will be down, my trading portfolio is up and vice versa. So you gotta hedge your bets every way and just build out your system.