Once per quarter Mrs. Wizard and I check in on our ROTH accounts and compare them on three metrics: Total Account Value Total Quarterly Return Total Return Whoever wins two out of three metrics wins the quarter. The loser has to clean the fish tank for the next three months. I started out $1,650 behind… Read More Day of Reckoning – ROTH Competition Update
Our total investable assets are just scraping the $400K mark, which puts us right about where we were at the end of 2016. I think that’s pretty darn good consdiering we put $60K into a new house shortly thereafter. To be right back where we were 8 months after a major purchase like that feels… Read More Month in Review – August 2017
Hoo boy. This is going to be fun. Right? Even though this blog has been around for quite a while, I realize I don’t have that many regular followers. I’m working on it though. That means there is a good chance that not many people will read this, and it will wither away into the… Read More Why I Don’t Give a Crap About the Dividend Payout Ratio
This trade was actually executed on Wednesday 08/16/17. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Additionally you might find my rules for trading options helpful in understanding the parameters of the trade. In… Read More Sold Cash Secured Put + Investment Thesis – The Kroger Company (KR) – $21.00 strike – Sep 15 Expiration
Last week I published something of a teaser post about a new LendingClub experiment I’m playing around with. That experiment involves buying discounted loans on the secondary market. I’m still in the process of building up my “distressed” LendingClub portfolio, and will be publishing a post about that soon, so stay tuned. This post is not… Read More P2P Lending – A Rules Based Investment Strategy
This trade was actually executed on Monday 08/07/17. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. Additionally you might find my rules for trading options helpful in understanding the parameters of the trade. In… Read More Sold Cash Secured Put + Investment Thesis – The Walt Disney Company (DIS) – $102.00 strike – AUG 18 Expiration
A little over a year ago (June of ‘16) we put $3,000 into the P2P lending platform LendingClub. It’s been a moderate success. As of yesterday, we had made a pre-tax profit of $234.11, which comes out to an annualized return of ~6.6%. Now a 6.6% yield is okay, although from a risk adjusted perspective… Read More Experiment: Distressed P2P Debt Investing
To make sure we get off on the right foot, let’s quickly go over what this article is and what it isn’t. It is not an Options 101. As in, I’m not going to explain what an option contract is, how it works, etc. There are plenty of those types of articles readily available on… Read More Dividends and Derivatives – The Options Trading Strategy of a Conservative DGI
After several months of being relatively quiet, I made a concerted effort in July to be more active, both in making trades and my online presence. The spark I needed was revamping the structure of the website. I dumped the whole awkward two site thing with blog posts going on Tumblr and everything else being kept back… Read More Month in Review – July 2017
This trade was actually executed on Tuesday 07/25/17. I didn’t get a chance to write about it until today. Please visit the core philosophies article on my investment thesis process for a deeper explanation of the components of this article. In case you missed it, I’m making it a point to twitter all my trades when I… Read More Sold Cash Secured Put + Investment Thesis – Seagate Technology PLC (STX) – $31.00 strike – Aug 18 Expiration
