When I advocated for savings in my previous post, I did not say that investors should save their whole life and then die. The goal is to become financially independent, create enough passive income so an investor can stop working if he wishes and basically retire. However he needs to start somewhere first. It is Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for September, 2008
Reverse Scale System (RSS)
When I started investing many years ago I had no plan, no strategy, no discipline and I was losing money. However I was reading books and trying to find some good strategy which would protect my capital and make me money in this stock investing business. There is a lot of books about investing. Many Continue reading →
“I cannot save any penny cuz I’m broke”
It is not true. Nobody is so broke that he or she cannot save. When I was a little boy I learned saving myself. I always wanted to be a rich man when I would grow up. My mom concerned about me that I was growing into a greedy person or so. At least she Continue reading →
Picks 09/22 – 09/26
No new picks. Existing holdings: Symbol Qty Last Gain($) Gain(%) AFAM 7 41.25 17.36 6.40 BABY 12 22.04 -25.32 -8.74 PEGA 19 12.99 -38.76 -13.57 WCG 6 36.00 -41.40 -16.08 Contribution this week: $0 Starting account value = $2,072.34 Account value = $1,990.88 (without margin) Buying power = $974.84 Portfolio Gain/loss this week = -3.93% Continue reading →
How I lost $30,000 account
Trading stocks or commodities is a very good chance for everyone to make a good income every month. Unlike other businesses an investor doesn’t need selling any goods, having hated boss, get up early every morning, paying large overhead, have no employees, dealing with competitors and an investor doesn’t have to work 8 hours a Continue reading →
Picks 09/15 – 09/19
No new picks. Existing holdings: Symbol Qty Last Gain($) Gain(%) AFAM 7 39.22 3.15 1.16 BABY 12 25.92 21.24 7.33 PEGA 19 13.68 -25.65 -8.98 WCG 6 42.00 -5.40 -2.10 Contribution this week: $0 Starting account value = 2,048.50 Account value = 2,072.34 (without margin) Buying power = 3,002.31 Portfolio Gain/loss this week = 1.16% Continue reading →
Market like a crazy cow
If an investor sits in cash during this period it may be funny for him watching this volatile market bouncing up and down like the squirrel in Ice Age: The melt down. This morning the market went down almost another 250 points and at the end it surged up to end up 410 points on Continue reading →
LEH in bankruptcy…
So here we are. The 158 years old company is filling for bankruptcy (Yahoo! news, Associated Press). The next morning in the stock market and probably the entire week will be very shaky so we can expect some stormy trading. Monday trading may be very deep sell off. However I agree with this even though Continue reading →
Pics 09/08 – 09/12
No new picks. Existing holdings: Symbol Qty Last Gain($) Gain(%) AFAM 7 41.98 22.47 8.28 BABY 12 23.05 -13.20 -4.55 PEGA 19 13.02 -38.19 -13.37 WCG 6 42.64 -1.56 -0.61 Contribution this week: $0 Starting account value = 2,032.67 Account value = 2,048.50 (without margin) Buying power = 2,963.03 Portfolio Gain/loss this week = 0.78% Continue reading →
Is AFAM showing a sell signal III ?
Today’s sell off just confirmed my concerns regarding the market and possible addition to AFAM. This post is to finish my view at this stock. On some other web sites investors can read analysis about certain stock with possible future outlook, but then none of the web site comes back to the stock to revise Continue reading →
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