Weekly Newsletter   Challenge account


Posted by Martin July 22, 2020

The market seems to ease the rally

Account Net-Liq: $4,976.45 SPX value: 3,276.02 Shiller PE: 30.53 The market seems to finally lose steam on its rally and today, it created an indecision candle and it even went red. True, when I write this entry, it is still too early in the morning and everything may change by the end of the day. Continue reading →

Posted by Martin July 21, 2020

So many sudden gurus

Account Net-Liq: $5,259.26 SPX value: 3,257.30 It is astonishing to see how many sudden investing and trading gurus popped out on social media, mainly on Youtube. It reminds me of my enthusiasm in 2008 when I decided to post about the market and my newly achieved knowledge of the market which no one ever knew Continue reading →

Posted by Martin July 21, 2020

The market is ripping it off rallying again

Account Net-Liq: $5,259.26 SPX value: 3,257.30 Another day with large gains and I do not see where do they come from. Another frustrating day where the market goes up 1%+ or down 1%+ and sometimes more. Where are the days where the market went up and down 0.30% and we considered it a huge gain? Continue reading →

Posted by Martin July 20, 2020

The market rallies again

Account Net-Liq: $$5,340.51 SPX value: 3,251.57 It is becoming quite frustrating that the market rallies again. It is weird. Everybody is pessimistic, everybody says that we are in a recession, we have new COVID-19 spikes and everybody is worried, yet the market rallies hard?!? Did everyone forget about the COVID? How come we sold off Continue reading →

Posted by Martin July 19, 2020

New week expectations

Account Net-Liq: $5,202.02 SPX value: 3,224.73 Expecting the new week and hope the market will be favorable to my trades. I hope to repair my SPX trade and make money on the existing open trades. I also finished reading Lifecycle Investing. I think it is a good book and worth re-reading a few more times. Continue reading →

Posted by Martin July 18, 2020

ROTH strategy success

Account Net-Liq: $19,047.39 SPX value: 3,224.73 I have been trading the strategy I was talking about in my previous entries in my diary in my ROTH account for some time now. I have been accumulating shares of HP until I reached 100 shares, later on, I kept accumulating PPL, and now I am accumulating AT&T Continue reading →

Posted by Martin July 18, 2020

Goal for 2020

Account Net-Liq: $5,202.02 SPX value: 3,224.73 When I realized that I would not be a good trader and needed to take a different approach, I decided to set the following goal for 2020: 1) invest in high-quality dividend stocks (aristocrats) and reach 100 of those stocks 2) collect dividends on those high-quality stocks 3) sell Continue reading →

Posted by Martin July 18, 2020

Cash Deposit and purchase of IWM LEAPS

Account Net-Liq: $5,202.02 SPX value: 3,224.73 I decided to write a diary about trading and building my wealth. And keep it private for now. And I want to force myself to write every day if the conditions allow. I want to write about my trading and my feelings during the market days or weeks, make Continue reading →

Posted by Martin July 12, 2020

Chasing Money

Building wealth and passive income is a long term journey. But it can be shortened. Not by reckless trading (I tried and failed), but by buying assets which grow fast and pay growing income which can be reinvested and snowballed to ever growing larger sums of money.   Dividend investing   This is a reason Continue reading →

Posted by Martin May 23, 2020

How to boost your investing income and portfolio size

The ideas presented here are not new but they are just less known. There is a great paradox when investing in the stock market for the purpose of creating a personal wealth and financial independence. Advisors and gurus tell us that we must invest a lot of money and rather very early in your lifes Continue reading →