Weekly Newsletter   Challenge account   Weekly Newsletter   


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 →

Posted by Martin May 23, 2020

Trades as of May 23rd 2020

OPEN OPTIONS POSITIONS   June 2020 expiration PPL – June 19 (monthly) pmcc 29.00 call for +0.26 GILD – June 19 (monthly) bull put spread 67.50/65.00 puts for +0.40 AMLP – June 12 (weekly) 5.50 puts for +0.70 BAC – June 19 (monthly) 19.00 puts for +0.41 HP – June 19 (monthly) 22.5 covered call Continue reading →

Posted by Martin May 17, 2020

Poor Man’s Covered Call (KBE)

BTO 1 KBE Jan21 2022 20 strike call (LEAPS) for -10.26 debit STO 1 KBE Jun19 30 strike call for +1.07 credit Total cost -9.18 debit   The trade has been adjusted as the prices jumped up overnight significantly. We opened the LEAPS call for 10.26 debit and short call for 1.07 credit. Even adjusted Continue reading →

Posted by Martin May 16, 2020

Trades as of May 15th 2020

OPEN OPTIONS POSITIONS   May 2020 expiration SPY – May 26 (weekly) poor man’s covered call 295.00 call for +3.83   June 2020 expiration PPL – June 19 (monthly) poor man’s covered call 29.00 call for +0.26 GILD – June 19 (monthly) bull put spread 67.50/65.00 puts for +0.40 AMLP – June 12 (weekly) 5.50 Continue reading →

Posted by Martin May 08, 2020

Leverage investing, mainly in these times of selloffs!

I keep struggling with enough cash to invest. I want to invest a lot be buying equities, hold them, collect dividends, and monetize those holdings to generate even more cash. But family life, bills, kids in college, and situations like “something always happens int he worst time ever” is preventing me from investing more. So Continue reading →

Posted by Martin May 01, 2020

How much can you make trading options?

That’s a question people ask often. I did ask that question too. Many times. I still do ask that question. I want to know whether my trading is aligned with others, expectations, and goals of mine. The answer is not simple and results really vary based on your account size, trading strategies, and risk you Continue reading →

Posted by Martin April 25, 2020

Creating passive and semi-passive income

This week, I continued building my passive income (accumulating dividend stocks) and a semi-passive income (trading options). But, when reviewing my portfolios I realized one thing – I had my positions all over the place dispersed among many shares. There was nothing wrong with it, those are all stocks I want to hold. But, in Continue reading →