January options trading update I earned $1892 in net premiums last month. It was an incredible time to be an options trader. 🙂 When stock markets are volatile, option premiums increase. This translates into more income for option sellers. The majority of my trades are selling options, which takes advantage of time decay. And the burn rate… Read More »
Steady returns in the real estate market In early 2020 I bought an investment property in the lower mainland for $450,000. It’s been 2 full years since I’ve owned it. Let’s see the numbers for this past year. Second year operating profit = 6.74% My rental income was $1,800 a month or $21,600 a year. The cost… Read More »
Last week I was featured on MyOwnAdvisor.ca by its creator, Mark. It was a great privilege to share my financial independence journey with his readers. One of the most useful skills I’ve explained in the interview is the ability to use leverage. For long time readers of this blog, you already know I’m very fond of financial leverage.… Read More »
Do you enjoy looking at people’s online traffic statistics? If so, today’s post is for you. 🙂 One year ago on January 17, 2021 I began my YouTube journey uploading my 1st video on leveraged investing. Drawing from my own experience I explained how borrowing to invest can accelerate your path to FI. Since then I have uploaded… Read More »
What’s new in the new year Last year I set out 5 goals and accomplished 4 of them. Not bad overall. 🙂 The act of writing down goals, and tracking them over time has helped me so much. This year I have 6 new goals. You can check out my new video explaining each one, or continue reading… Read More »
December options trading review I received $1,586 in premiums selling options in December. This brings my total premiums earned to $10,732 for the entire year. 🙂 I made one bad trade in October, selling a TD covered call. That move cost me $358 this month as I rolled my TD call option from $88 strike to $92,… Read More »