DIY and mastering things is a cool component of building true wealth. Here is a home brewing example.
Harness the Power of the Dividends Today!
Dividend Aristocrats are awesome. You can earn a lot of money from old world companies that continuously raise their dividends over the years and weather financial storms.
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The Power of Habits (5 simple ways to build good habits)
The Money Vikings explore all manner of ways to live a life of True Wealth. […]
The Investing Trifecta – Triple Net Worth In 8 Years
How I tripled my net worth in just 10 years.
Applying The “Konmari” Method To Finances (How To Declutter For Greater Energy & Success)
Using the Konmari Method for Your Finances.
Dividend Kings (Vikings) List – over 50 years of increasing!
Here is the updated list of Dividend Kings (Or what we call Dividend Vikings). I have highlighted and provide some info on some of my favorites
ASTR Risk Reversal
ASTR Risk Reversal:
– Buy 1 9/17 12.50 Call
– Sell 1 9/17 10 Put.
The Money Vikings Podcast #46 – Winning the Loser’s Game
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UIS Covered Call Opportunity – Unisys Corp
8/7/21 – Recall we have a 26$ call we sold. Earnings helped this trade out, and the $UIS closed Friday at $24.83. If we subtract out the premium received from all the sold calls ($1.21), our true cost basis is $23.62 at expiration, which means we could have a profit of $121 dollars if nothing changes between now and 9/17. We will break even as long as the stock stays above $24.29 (Entry of $25.50 – premium collected $1.21). If you are sick of this trade and want to bail, the call we sold last week collected $0.59, and is now worth $0.80, so we have a loss there of about $0.21, but netting out the stock’s price of $24.83 and other prior premium collected is $25.50 – $1.00 or $24.50, meaning you could close this Monday morning for a theoretical profit of $33 total. Yes, you can sell the stock for less than you paid for it and still make a profit because of covered calls! Jerry is going to wait an hold as the stock seems to be trending upwards, and broke Bob’s key resistance of $23.90 (blue line below). We also have 41 DTE (Days Till Expiration) and as readers know, we like to close closer to the 21 DTE.