There are multiple ways of investment and managing your fund. I am no fund expert nor am I trained on any certified level. The levers I know are as following: 1) Real estate - rental income 2) Stocks & ETFs - company, industry dependent 3) Bitcoin - future potential of a decentralized currency To dive deeper - Real estate You don't have real rental income until you actually own one, and rent one out. Essentially, you need to have 2 properties to start this. Staying in one then selling it for another better place is not passive income. In prime location and prime cities, it is no longer easy to find rents that will match, let alone exceed your mortgage payments. That said, unless you have a high downpayment (20-30%), paying some to top off your rental income is highly possible. Stocks & ETFs Fortunately and unfortunately, this is the most volatile time but also the most exciting time. There is a lot to gain, and also a lot to lose. I've lost the most he...
Pointers: Market up 300 points and pointing up. Looks like worst weekend 1) Bitcoin up to 7K again, No position for now 2) S&P: 2.3K, Dow 20K, 3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. 1.37 was lowest point. No more hold 6.8K start Actions: No more day trades. Bear: Play SPXS, SPXU, VXX or TVIX (high leverage) 1) Calls 2) Puts 3) Stocks Bull: Domino and Chipotle Bear: TVIX Hopes: 1) No more day trades. Watch your overnight plays close. Option plays only for high cap. Learnings: 1) Timing : Don't buy puts after historic drops. Don't buy call after historic rise. Buy reverse EOD after reverse. Don't buy reverse early of the day DO NOT BUY before EOD on options Do not cut so soon on spike up. Watch what you buy
Pointers: Market rallied 3 days last week. Friday down. Monday Up. Tuesday down big. Wednesday pointing down. 1) Bitcoin at to 6.2K again, No position for now 2) S&P: 2.3K, Dow 21K, 3) Monitor XEBEF, tanked to 2.54 again after 2.73 high, tanked to 2.03, tanked to 1.89 then to 1.5. 1.37 was lowest point back to 1.37 now up to 1.93. Back down to 2.06. $3K position at 2.06 (bad move) Down to 3K from 13.5K in January 1) Today will be red day 2) Need to strategize so little money left Actions: No day trades. Webull maybe 1) Calls Apple - sold Microsoft - hold TDOC - barred sold 2) Puts Darden - to sell at open Bought spy put 3) Stocks MSFT - sold - swap to Zoom (sold) and TDOC (held) ALK - hold DAL - hold - dont sell XEBEF - hold - don't sell - sold half Learnings: 1) Timing : Don't buy puts after historic drops. Don't buy call after historic rise. Buy reverse EOD after reverse. Don't buy reverse early of the day. Understand there's ...
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