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.
Managing Good vs. Bad Debt
“Debt, an ingenious substitute for the chain and whip of the slave driver.” Ambrose Bierce, […]
The Power of Habits (5 simple ways to build good habits)
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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
The Money Vikings Podcast #46 – Winning the Loser’s Game
SHOW #46, winning the losers game, timeless strategies for successful investing, and the Return of the Munger Down under
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.