Gerald Buddenbaum, 69, has done just that. After retiring from the electronics distribution business in 2000, he moved from Chicago to Bend, Ore. and then to Portland. He soon found himself bored and looking to earn more from his investments than his bond funds were paying. These days Buddenbaum has most of his savings in cash and blue-chip stocks like IBM and McDonald’s .
With the remaining 10%, each morning at 6:30 a.m. West Coast time he buys and sells securities based on short-term momentum. When violence broke out in Egypt recently, Buddenbaum bought call options on energy stocks, like ConocoPhillips , and says he quickly doubled his money. He logs off daily by 1 p.m. local time.


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