In terms of personal ROTI efficiency, AA) trading (+FSM) is inferior to BB) property (+HY/PE) investment process. BB is more suitable for me:

• I only need one big due diligence. Then buy-n-forget.
• No monitoring required. No distraction to work. Often no price updates available anyway. Unable to transact on-my-own
• Profit/Effort ratio is 10 times higher

Let’s compare Chip’s no-load fund to trading+FSM. The latter’s ROTI is lower because

1. daily distraction
2. too many research sessions compared to just once for the no-load

— guideline with FSM periodic checks,

• reduce holdings to reduce the need for periodic checks
• aim at one check per 48 hours