My Business and Financial Freedom Journey
If you review my TradeKing account you’ll see I made the first trade in my WTF Fund. I bought a long put option on the company VMware Inc. (VMW). The strike price is at $90, and set to expire February 19th 2011. At the date of publishing this post, the stock is currently around $96/share. [...]
To follow suit with the other discount brokerages, TradeKing has released an Apple iPhone, and iPod Touch app. TradeKing Mobile for iPhone connects you to all of the following, on-the-go: Real-time quotes and charts Breaking news updates Enter, edit or cancel equity and option trades Check your balances, holdings and order status View your existing watch lists [...]
This is where the rubber meets the road. What do I hope to accomplish in 2011, and what are my goals? I’ve already talked about my 2011 investment strategy last year, and briefly touched on my goals for 2011. It seems I got a head start on some of these goals even before 2011 rolled around. [...]
Baby New Year is here. Out with 2010. Hello 2011! Investing in 2010, while we did OK overall, it was a wild ride with stocks. Now that the new year is upon us I like to reflect on last year’s performance and goals. In order to keep track of how we are doing with our [...]
The early 80′s movie “Risky Business” perhaps has one of the best movie lines ever. Sometimes we are afraid to take risks. As FDR said, “The only thing we have to fear is fear itself”. No you won’t see me dancing around my house in my underwear air guitaring to Bob Seger. You see I’ve [...]
There are various investment strategies, but if you’re a newcomer to the world of stocks and funds and not willing to take risks in order to make big bucks, you’re better off sticking to one particular strategy that is tried and tested and earns you bang for buck. Dollar cost averaging (or unit cost averaging [...]
I know we aren’t even decking the halls yet, and I’m thinking about next year? Yes, like the game of chess you need to think a few moves ahead. 2011 is just around the corner. Think of me like the retail stores that bring out the Christmas (er I mean Holiday) decor the second it [...]
Being wealthy can be defined in many ways. The Merriam-Webster dictionary defines wealthy as: 1 : having wealth : very affluent 2 : characterized by abundance : ample This definition of course is very vague. What exactly is “very affluent”? Being a numbers guy, I like specifics, and like to measure things like wealth.
I used to work in the financial industry and I can tell you that I know how difficult investing is. However, many folks are passionate about investing and most spend lots of time doing research and analysis. But in my opinion, unless you are a professional and paid to actually manage money, you are better [...]
When driving from your home to a location you’ve never been before, how do you get there? In today’s world, you plug the address in your car’s navigation system, and based upon the parameters you select, it will tell you how to get there. More fancy GPS systems also have available: The estimated time of [...]
