You may have heard the phrase “The House Always Wins.” It refers to casino games that are designed so that the casino (a.k.a. “the house”) always turns a profit at the expense of its patrons.…
PREVIOUS RELEVANT POSTS My journey to financial freedom Financial freedom: how to get it The math behind getting financial freedom WHY INVEST IN STOCKS If you read the last post referenced above then you have…
PATH TO FINANCIAL FREEDOM Achieving financial freedom means passively generating enough income so that you may spend your time as you wish rather than to support your lifestyle by working, which is really trading your…
YEAR RETURN CUMULATIVERETURN 2017 +61.6% +61.6% 2018 +55.9% +152.0% 2019 +41.8% +257.3% 2020 +245.6% +1134.7% 2021* +3.1% +1173.0% *YTD through 31Jan all returns are pretax 2020 was such a spectacular year that it will be…
A very concentrated growth stock portfolio can provide superior returns compared to the returns from other types of portfolios. However, since each company constitutes a large percentage of the portfolio’s value, a steep drop in…
GameStop (GME) is not a growth stock, and it’s not a company in which I would ever invest. Everyone who’s into stocks has heard about GME by now, and it’s gotten much of the attention…
On January 15, 2021, I posted about how I used a short straddle with a deep in-the-money put. From the questions that I’ve received so far, I realized that this method can be difficult to…
Below is something that I wrote in March 2015. I’m reposting it here to illustrate that always living below your means and investing the excess will build up wealth. As you earn more, it’s important…
Imagine being able to make important life choices without money being a major factor. Imagine being able to spend your time how you choose as opposed to having your time allocation dictated to you by…
In 2020, options trading contributed 9.2% of my 2020 portfolio gains. The options tactic that I utilized the most was selling a weekly at-the-money (ATM) straddle combined with a weekly or semi-weekly short deep in-the-money (ITM) put.…