I aim to achieve financial independence by generating sufficient passive income to cover my regular expenses. A key component of my strategy is investing in dividend stocks, particularly those that offer above-average yields and have the potential for consistent future growth. In my strategy page I illustrated my journey to financial independence applying multiple strategies Continue reading →
Archive for 2024
Wall Street’s Private Credit Circus: Dimon vs. the Big Bucks Brigade
Ah, Wall Street – never a dull moment. The latest uproar? The meteoric rise of private credit. On one side of the ring, we have Jamie Dimon, the CEO of JPMorgan Chase, sounding the alarm like a town crier. Dimon insists that private equity firms, money managers, and hedge funds are playing fast and loose, Continue reading →
Investors Giving a Car Maker More Money to Ruin the Company
Tesla (TSLA) shareholders have voted to reinstate Elon Musk’s compensation package, but skepticism remains among some investors and analysts. Ibrahim AlHusseini, an early Tesla investor, expressed his reservations to Yahoo Finance. “It’s a high-stakes game, and the shareholders gave in,” AlHusseini remarked. “The fear of losing motivated them, and Elon leveraged that to his advantage.” Continue reading →
What a surprise!
Here we go. Inflation data and PPI came in showing slowing inflation. That is what almost everybody expected yet it came as a surprise to Wall Street. It still amazes me how irrational the markets are. But it could be because of media which feed us with their bullshit headlines every day trying to tell Continue reading →
Is the weakness in the stock market over?
I had a bullish trade when I bought futures contract late in April 2024 and then I was trailing my stop higher. I thought this could continue longer but then I was stopped out. I was thinking: did I place my stop loss (in fact it was a stop gain loss) order too close the Continue reading →
Futures trading – Waiting for a breakout
At the end or April, I entered into futures trading. Not just trading options against futures but also buying and selling futures contracts. It turned out to be a very profitable trade and I plan on trading it again. The only issue with this type of trading is that it is very capital intensive. Unlike Continue reading →
Understanding Dividends
Dividends can be a contentious topic in the investment world, with varying opinions on their impact and value. Let’s break down the main perspectives and clarify the mechanics behind dividends. Dividends are payments made by a corporation to its shareholders, usually in the form of cash or additional shares. They are typically paid out of Continue reading →
Contest #26: Guess the S&P 500 Friday Close And Win Cash!
Last week, we didn’t have enough votes to have a valid contest. We need at least five people to vote according to rules below to make the contest a valid one. Please vote in the comments below and win cash! Contest voting is from Sunday May 26th – Wednesday May 29th and it is Continue reading →
Contest #25: Guess the S&P 500 Friday Close And Win Cash!
Last week, we didn’t have enough votes to have a valid contest. We need at least five people to vote according to rules below to make the contest a valid one. Please vote in the comments below and win cash! Contest voting is from Sunday May 19th – Wednesday May 22nd and it is Continue reading →
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