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Archive for 2024

Posted by Martin June 18, 2024

Dividend stocks are a core of my portfolio

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 →

Posted by Martin June 17, 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 →

Posted by Martin June 15, 2024

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 →

Posted by Martin June 13, 2024

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 →

Posted by Martin June 10, 2024

Repositioning our portfolio

I spent the first half of 2024 repositioning our portfolio to align with our goals. I took some trades off, some are “parked to a later day” when I will deal with them (for example, I converted some of the bad SPX trades into a “box” and now I keep rolling it away). When I Continue reading →

Posted by Martin June 02, 2024

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 →

Posted by Martin May 27, 2024

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 →

Posted by Martin May 26, 2024

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 →

Posted by Martin May 26, 2024

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 →

Posted by Martin May 19, 2024

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 →