Using buckets to plan for uncertainty Market corrections can last for years. How can investors be reassured they won’t be forced to sell their valuable stocks when prices are down? One way is to use a bucket system. The idea is to split your investments into multiple buckets with the first one holding cash. Maybe the next bucket… Read More »
May options trading update I lost $893 trading options in May. I was kind of dreading this post, but here we are. 😅 What a big change one month can make. Last time I was up over $8K. And this month I’m down $893. The primary reason for losing money was I took some realized losses from my… Read More »
Stock Market Sell-Off Likely to Continue The S&P 500 is down about 18% year to date. Are we at the bottom of this market correction? Unfortunately the signs are pointing to no. Every week we seem to get more bad news. Just today Snapchat who reported earnings only a month ago says they will be missing projected financial… Read More »
The economy is showing signs of weakness and I believe there’s a good chance the U.S. is currently in the middle of a recession. If not, it will probably be in one by the end of this year. Here are some data I’m keeping track of to make my financial decisions ahead. 🙂 Unemployment rate: 3.6% The… Read More »
I recently read a financial story on MarketWatch, where a woman in her early 40s making $100,000 a year is considering a prenup because her partner makes less than she does. This woman writes, “my girlfriend works a few gig-type jobs that she loves and makes $50,000 a year. She lives paycheck to paycheck, pretty much, and as… Read More »
April options trading update I didn’t think I would be so busy with options in April. But I saw some opportunities I just couldn’t pass up, which included a decent gain ($3k) from Netflix. 🙂 It’s officially been 1 entire year since I started trading options. I’ve learned a lot over that time. And fortunately I got… Read More »