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Archive for 2013

Another milestone reached! My account reached 10k!

Another milestone reached! My account reached 10k!

I reached my goal for 2013 today!! My goal for 2013 was to recover my TD account after I almost wiped it out and reach 10,000 dollars balance. A few months ago I haven’t expected reaching this goal at all. Since I decided to pay off my debt first I stopped contributing to my TD Continue reading →

How to sell put options – new trade – Safeway (SWY)

How to sell put options - new trade - Safeway (SWY)

Why do I sell put options and covered calls when I am a dividend growth investor? The answer is simple. I want income. When I was looking for a strategy about a year ago after I nearly destroyed my account, I asked myself a question: “what do you want from your investment? What your account Continue reading →

New Trade – fixing Demand Media (DMD) – put selling

New Trade - fixing Demand Media (DMD) - put selling

My covered call trade against Demand Media DMD turned to be a stinky trade. It turned against me when the stock dropped significantly leaving me with a large loss. Is there a way to repair it? I believe so. What is Demand Media and why it sucks? I must admit that when I was opening Continue reading →

Posted by Alka G. October 20, 2013

Ten Commandments of Personal Finance

Ten Commandments of Personal Finance

For most of the people, getting their personal finances on right track is more challenging than walking on desert for 10 years. But managing your finances is not impossible and it doesn’t demand any miracle from you side. Most of the people are afraid to take some essential steps to manage their finances this is Continue reading →

Expiration Friday, trade exit – Safeway (SWY) – put selling (1.21% gain)

Expiration Friday, trade exit - Safeway (SWY) - put selling (1.21% gain)

Almost a month ago I opened this put selling trade against Safeway , see the trade here, and I wanted to be conservative since the stock ran up too much and I was expecting drop. I still am expecting it, so I may continue in being conservative when selecting my next trade. Well, this option Continue reading →

New trading strategy testing

New trading strategy testing

Recently I was working on a new strategy on picking stocks. I always wanted to develop mechanical trading – a sort of rules which would allow me to eliminate human emotions from trading. Human emotions are the worst enemy of every trader and investor. They make us do stupid things on the market. They force Continue reading →

Posted by Alka G. October 12, 2013

8 Ways to Beat the Recession

8 Ways to Beat the Recession

Recession is the time when, media constantly talks about the doom and gloom of financial crisis, credit crunch and plummeting stock markets. During such a time, every individual starts worrying over the impact of recession on his job, finances, business and even personal life. The sudden decline in economy and rising cost of living can Continue reading →

My 3rd Q 2013 saving, debt eliminating, and investing results

This year is passing so fast that sometimes I feel like I am unable to keep up with it. Once again it is time to share with you a progress I have made this quarter on my goals. If you follow my blog, you may know that during my accounts rebuilt period I changed my Continue reading →

Posted by Alka G. October 06, 2013

How to Eliminate Errors from Your Credit Report

How to Eliminate Errors from Your Credit Report

Credit bureaus which are also referred as credit reporting agencies have to provide accurate credit report to customers. But, what an individual should do when he spots some serious errors in his credit report? The best solution is to take some immediate steps to correct those errors. On the virtue of Fair Credit Reporting act, Continue reading →

My inspiration in the last week #37

My inspiration in the last week #37

I often browse the internet to find ideas about investing, trading stocks, options, investing opportunities and strategies. I like to read about investors and what their investing/trading approach to create income you can live on is. Setting Your First Financial Goals – L Bee and the Money Tree – by Jordann Withdrawal Strategies in Retirement Continue reading →