Cash Flow is this Easy

Interesting week, markets have been up and up, waiting for an eventual pullback of 3-5%. Funds will mostly stay in play, if they are not then you are just sitting on the sidelines watching doing nothing. We prefer to have all our assets working versus being lazy. We traded TSLA, UNG, DFS by selling Puts and Calls. We were assigned in TSLA and UNG and will follow up with covered calls next week. This strategy has worked out very nicely over the past year and should continue into 2022. UNG is natural gas rolling into the winter months and not subject to some of the inflation concerns. TSLA and NIO are electric vehicle plays along with some of the infrastructure for them such as PLUG, ChargePoint and others.

Our Real estate continues to appreciate and we may sell another asset/condo before the end of the year. This will most likely get rolled into a whole life Insurance Policy followed by loans to put into dividend stocks. We will be meeting with our agent to discuss this and the potential to add additional policies for the kids.

We are continuing to work with lawyers on setting up the trust for the family and generational wealth. Assets will be placed into the trust for management and eventually cash withdrawals for living expenses.

2021 has been a challenging and exciting year for our family. We continue to expand and progress our strategies meeting with the kids for additional ideas.

A little more detailed than usual for the blog, details and discussions can be had on Patreon.

Slow week, we had several that carried into this week not shown, but overall very good. Looking forward to the Discover Financial, if assigned selling the Call premiums look very good. Ebay also a gd company financially. I try to post every single trade in Patreon.

YOU SOLD OPENING TRANSACTION PUT (EBAY) EBAY INC. COM OCT 29 21 $70 (100 SHS) (Cash)	$91.63
YOU SOLD OPENING TRANSACTION PUT (DFS) DISCOVER FINANCIAL OCT 29 21 $117 (100 SHS) (Cash)	$177.30
YOU SOLD OPENING TRANSACTION PUT (DFS) DISCOVER FINANCIAL OCT 29 21 $116 (100 SHS) (Cash)	$437.30
YOU SOLD OPENING TRANSACTION PUT (UNG) UNITED STS NAT GAS OCT 29 21 $18 (100 SHS) (Cash)	$467.84

Exciting markets moves, Tesla reaching all time highs. Had been selling option calls and the shares were finally called away for an extreme profit. Sad to see them go but we will sell option to buy them back now as the price seems to keep going up.

Joined Rockwell Trading Mastermind course. Trading live with the group every week, some of the trades are as a group, some are just mine. Either way the tools they provide are priceless. Utilizing the PowerX calculator to find and evaluate all of our deals.

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.

https://members.rockwelltrading.com/

Attended a stock trading seminar all weekend. Lots of good information!!!

Just Selling some Calls on held positions this week, that is where you get paid a premium to sell your stock if it goes to a certain price. Otherwise the contracts expire and you just keep the $. If the price does go up above your set price(strike price) then you sell the stock for a nice profit and also keep the premium.

I’m letting some contract expire so I can move cash around. Exciting news coming.

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.

I’m so thankful for the things I have learned in Life, Its 10:22am, made my $2000 goal for the week so done working, anything else is just extra.

Here are some example trades I did this week.

Sell to Open TSLA Sep 24 2021 715 Puts Limit at $8.28 (Day)

Sell to Open RIOT Sep 24 2021 25 Puts Limit at $0.28 (Day)

Sell to Open CLF Sep 24 2021 18.5 Puts Limit at $0.15 (Day)

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.

Most people just follow the crowd. You cant blame them, we are wired that way, herd mentality. It’s what my parents taught me, it’s what my friends are doing, it’s what everyone is doing at work! The schools drill it into you, be a part of society, the machine.

I was always fascinated with how the machine worked. I never had the time or put forth the effort to break free from the mold until later in life. The job, raising the kids, get a car, house, tv, paying the bills. Haha, it’s what they want you to do, be that piece in the machine. Don’t ask questions just do your job.

What if there was a better way?

Since the website crashed with all the data last year, I’m going to start the blog over. Good news is I’ve learned a lot since last year on trading, completed my retirement, living off investments, moved, bought a new house.

life is good and I would like to share some lessons learned and our successes.

Lets start after High school because there is probably a book in the before…
Came from a broken family, mom was a waitress, I didn’t see any plan for my college and I wasn’t much of an academic. I was mainly bored in school, didn’t care for sports much so I came up with a plan myself. I joined the United States Army to get some disciple and college money. I was in the Infantry and learned many lessons and skills, not so many transferable to a 9-5 job but they make for some good stories.
Post Army I did some odd jobs while going to college, QA/QC for a warehouse, temp jobs. I landed some construction work where I learned a lot about plumbing, electrical, roofing, framing. I did construction jobs until I graduated from college for Electrical Engineering Technology. I landed a job at a steel mill and later an oil company. I was a network administrator, computer technician, instrument/electrical tech, supervisor, project manager.
Retired at age 50 to questionable looks from everyone, I’m used to it, marching to my own drum.
Along the way I married, divorced, married… I have two fabulous girls who are now Ladies and all grown up! I hope this may bring some knowledge for them to take away as well as start something that will be transferable through the generations. I’m married to my beautiful wife who gets to listen to all my research, ideas and plans that I think are great in my mind. She is my cheerleader and support in this world.
This all began when I didn’t get a raise one year even though I did well, there are always budget cuts and such in large companies you cant control. What is in my control? I decided to give myself a raise and finally took the leap into real estate and investing. I now have a small business I started that I put in 3 or 4 hours a week on, I think I will talk about that journey…

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.

Everything they told me ‘Not to do’, I did, and retired early.

• Don’t get into real estate, its hard and people call with problems at all hours of the night!
• Don’t do your own investing, its too hard, let the experts do it.
• Dont do Options, they are too hard and you will lose everything!
• Don’t leverage, Don’t have debt, Don’t retire!

There are a lot of negative people out there! Gravitate to the positive people and remove the negative ones in your life is the best advice I ever received.

I can show you exactly what I did and what I should have done twenty years earlier to get out of the rat race even earlier! Try retiring at 40, 30, maybe 25!

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.