The Fed had several meetings and the traders and markets all react bad this week. Rightfully so with interest rates on the rise and fears of inflation. Now that house loan will cost you thousands more over time just from a few words spoken and that is only going to get worse this year. We were on vacation all week so wasn’t even paying attention, now that I’m back at the computer it was exciting. Markets dropping so some good stocks on sale.
As of 4/7/22 we are selling Macy Puts for a yearly average of a 90% return last week and next week, we have a long term hold in AT&T, so sold some Puts there for a nice return of 38%, Bank of America 39%. Pushed out some other trades like Tesla. Others are trading AMD and Harley Davidson, our Dicks sporting goods and Mara both expired last week worthless. We are also adding to our dividend holdings but we do that when the market is up or down but definitely a better deal when its down. Those are our assets that just keep on giving to us and we hold forever.
Increase your financial knowledge, invest in yourself, become a sophisticated investor, get some good tools, join a community.
The software tool I use and community I learn trading from is the PowerX Optimizer from Rockwell Trading. I have learned you pay for good advise, accountants, taxes, business. I invest in tools that bring back money ten fold, like anything you get what you put into it and this is by far the easiest system I have ever found! Educate yourself and get a good tool.
The effort I spend to make money is … well you wouldn’t believe me but I left my corporate 9 to 5 job and trade a couple hours a week. It is a hard choice walking away from things your are taught but once you educate yourself you can never go back to that flavor cool aid, haha. Short and sweet but I wanted this out before Monday morning, coincidentally Monday is one of my favorite days now. Can not wait to see what the markets do and maybe finish up the work week by 10am.
This material has been distributed for informational and educational purposes only, and is not intended as investment, legal, accounting, or tax advice. Investing involves risk.