I’ve been spending most of my free time now on risk mitigation strategies because while most people go on with their day to day lives, they seem to be oblivious to growing problems with the financial system. CNBC had an interesting article entitled Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial…
NVIDIA Covered Calls
The S&P is officially in correction territory down 10% and while many people are panic selling, I am nibbling at the market. This isn’t financial or trading advice so do your own due diligence and invest in the way that meets YOUR goals. I bought 100 shares of NVDA at around $116.50 and I sold…
Sold My SPY PUTs For Profits
Back in October, I wrote a post about buying puts on SPY as the market made new all time highs. Back then it was all about the irrational market but I held on and as the election happened and a new administration won and would be coming in, I figured the market would not like…
$4 Trillion In Losses – How My Collar Strategy Keeps Me Safe
The stock market has lost $4 trillion recently and I recently wrote about moving to a collar strategy to protect my portfolio. In that post, I linked to a YouTube video but I thought it would be a good idea to review how I’m using this in my portfolio currently. Overview The collar strategy involves…
The Recession Is Here – Mass Layoffs
In September 2023, I wrote a post entitled, “How To Prepare For A Recession” and I’m glad I did and took actions I recommended. This week, the company I work for laid off hundreds of people and we’re not sure if the carnage is done yet. I can tell you many people were shocked and…
Zepbound: My Health Journey – February Year 2
I am a little late getting this post out because I went to visit my doc to talk about the weight loss situation. He has been monitoring my weight and he agreed that I have reached a plateau at 25 lbs lost. He suggested we bump up to the next level which I thought would…
Happy Carnival South America!
To everyone in South America that celebrates Carnival, happy festivities!
How To Prepare For A Global Depression
On the heels of my risk management theme post a few days ago, I have been researching with AI how to prepare for a global depression. I always like to hope for the best but plan for the worst so here’s what AI suggests for preparation for a global depression. How to Prepare for and…
Risk Management Is The Theme for 2025
I haven’t had time to write too many posts because I am fighting fires set by this new crazy administration. Last year, I wrote a post entitled, “Diversification is 2024 theme: Banking, Health, Tech, Everything” and that was based on all the cyber security and related incidents throughout the year. This year, it seems every…
Portfolio Risk Management & Collar Strategy
I have been concerned about the economy for a while now but the growing volatility I’ve seen in the market the past few months coupled with the new administration policies lead me to believe that now is a good time to shift to different options strategies. I’ve written about my ladder covered call strategy here…