I came across this awesome article by Warren Buffet that everybody needs to read, especially if you’re a long term investor and like accumulating assets. Warren Buffet is know as a value buyer and in this article he lets everybody know his simple strategy. I hope you enjoy it as much as I did!
The time [...]
I don’t know why, but I have a thing with money not being used/utilised, so decided to dump the last bit of the spare capital into AMZN. The market has pulled back quite strongly yesterday night, but for some reason majority of my portfolio was not affected (which is great) I guess good stocks don’t [...]
Hi All,
January is a short month, only has 25 days to expiry (which includes Christmas and New Year holiday effectively making this into a 15 trading day month) The premiums are not as high as I would like but I guess that’s because everybody is not looking at the screen (i.e. on holidays, lower volatility)
Anyways, [...]
As expected all my positioned got exercised, i.e. I made my premiums! (which is all I want… this is not a capital growth strategy, its purely a cashflow strategy)
Buy some shares, write lease agreement, collect rent, repeat every month.
Some of these trades are from previous month (October) which didn’t get assigned, so I wrote the [...]
Decided to dump my last bit of money into RIMM again, its yielding 3% return with a 10% break-even point for only 7 days of trades (5 days not including the weekend) - The bad news for RIMM was released last week so chances of another 10% drop in the last 5 trading days are [...]
Interesting youtube clip! Actually has some truth to it!!
minus the racist comments…
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addthis_title = ‘Subprime+Mortgages’;
addthis_pub = ”;
I’ve been talking about google.com to many people saying what a wonderful company it is and that it is a good investment. I’ve decided to put my money where my mouth is and buy the damn thing… so here it is…
Why do I think GOOG is such a great company? Check out google’s financials!! its [...]
Been a bit lazy to make these post, but here they are!My 4 positions from last month didn’t get exercised -
Click Here for detailsSo I still have NVDA, AAPL, RIMM, AMZN
This is a no brainer one… since i still have the stock all I need to do is ‘lease/rent’ them out again to collect [...]
Very volatile month this month and none of my positioned were assigned/exercised… ie. i still have all my stocks!As you can see AAPL and RIMM are doing fine… NVDA and AMZN are doing not so fine, but the premiums for December should more than cover the deficit! Anyways… market is just opening as I am [...]
I go to
moneycentral.msn.com and install the deluxe screener!
First I do a simple filter to find the most profitable stocks
I now add my favourite stocks that are not from the above filter
I go down the list and look at the
charts of the top 25 stocks - looking for support levels
I look at the covered [...]
