02-27-2015, 02:21 PM
(02-27-2015, 11:43 AM)Kerim Wrote: Hey Rapid -- just curious about your buys (of course feel free to ignore if this is too nosy). Are you also selling to make room for these purchases, or are these buys coming out of dry powder?
No selling. The purchases are possible from a combination of the following:
1) I have a weekly auto deposit into my brokerage account.
2) My total yearly dividends are sizable-ish, and I'm not DRIPing, so the money accumulates quickly.
3) I sell options on the following indexes: SPX, NDX, RUT. The last 3 months ( post October oil stuff ) have been pretty much printing money when selling something like an Iron Condor, which makes the most money when the price stays in a range.