Good report Fenders!
My goal is multiple income streams, will be 61 on Saturday.
The bulk of income comes from working, followed closely by my rental properties. Dividends come next, followed by option trades.
The rentals are strictly cash flow with very minimal appreciation.
I buy and sell options, most often sell but buying has had explosive big winners as well. 2 sides of the same coin.
One could probably replicate Fenders and my option selling by just using an index to avoid single name risk. Not as exciting but the numbers would be there.
I also trade ES futures after hours. Very small size but adds about $400 per week.
One of my main goals is simplification in case of my demise. The futures strategy is very simple, the dividend part is simple enough (don't sell unless dividend is cut), I have a crew that takes care of the rental properties. So, upon my demise, options are the only component that would go away.
The bulk of my investing (long term) is based on a very simple end of month strategy.
Again, find your own comfort zone and have at it.
Good luck to all!
My goal is multiple income streams, will be 61 on Saturday.
The bulk of income comes from working, followed closely by my rental properties. Dividends come next, followed by option trades.
The rentals are strictly cash flow with very minimal appreciation.
I buy and sell options, most often sell but buying has had explosive big winners as well. 2 sides of the same coin.
One could probably replicate Fenders and my option selling by just using an index to avoid single name risk. Not as exciting but the numbers would be there.
I also trade ES futures after hours. Very small size but adds about $400 per week.
One of my main goals is simplification in case of my demise. The futures strategy is very simple, the dividend part is simple enough (don't sell unless dividend is cut), I have a crew that takes care of the rental properties. So, upon my demise, options are the only component that would go away.
The bulk of my investing (long term) is based on a very simple end of month strategy.
Again, find your own comfort zone and have at it.
Good luck to all!