Fender's final approach to retirement.

[fenders53]

(05-08-2022, 08:21 AM)rayray Wrote:

(02-02-2022, 07:21 AM)ken-do-nim Wrote: Dropping like flies on this forum.  Eric & I are going to be the only working stiffs pretty soon  I suspect you will find another job somewhere; I think you will get bored otherwise.

ahem ahem ahem....

i can't retire anytime soon lol


fenders, have you ever considered preferreds??

https://www.quantumonline.com/

it's free but lots of good info

I own some preferreds and it's growing.  I do it via a Nuveen ETF though.  The returns are the APR equivalent of a below average month of option selling.  So I will balance it out some to reduce my trade volume, which really is a bit like a fulltime job sometimes.  Selling monthly options rather than mostly 1-2 weeks would help too, but the return is less and it is not as safe in a market I suspect may have some more bad months in the short-term.  If it sounds like I am complaining, I do it because my returns have been excellent in this terrible market.  It encourages me to keep doing what I am doing for now.