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Monday, Nov. 13, 2023. How our fearless, intrepid investor made out last week and what she will do today

Gerald Loeb’s advice: “Put all your eggs into one basket and then watch that basket.” That basket needs to be an exchange-traded fund (ETF) tracking the S&P 500. Only a few qualify. SPY is the best. It is the oldest and largest ETF with the narrowest bid/ask spread.

In line with that advice, our fearless, intrepid investor was entirely in cash in the U.S. dollar. She decided on that a few weeks ago when the put/call ratio turned -ve.

As it happens, the U.S. dollar strengthened, and she did ver well.

What will she do when the market opens today?

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Investing seminar

Greetings, all,

Some of you live close enough to Collingwood to be able to make our November 6 seminar.

I have been a stock market investor for over 50 years, the last 30 being positive and self-assured. Outraged by the self-serving behavior of much of the financial industry, I now help people be productive, confident, do-it-yourself investors in a non-commercial way.

What does it take to earn more money before breakfast on a Monday morning than you ever made during your best week at work?

This presentation shows you how to do that.

You will get a free copy of my award-winning book, Monday Morning Millionaire. 

 

Date Sunday, November 26
Time 7:30 p.m.
Location Collingwood Leisure Time Club, 100 Minnesota Street, Collingwood, Ontario, L9Y 4R5

Invite relatives, friends and neighbours to join us.

I hope to see some of you there.

I send my best personal regards to you all,

Milan 😃

 

Monday, Oct. 30, 2023. How our fearless, intrepid investor made out last week and what she will do today

Davos of the Desert

Riding my bicycle, I recently plowed into a car (my fault), broke two ribs and punctured a lung. That is why you haven’t heard from me for a while.

 

 

 

Here is what I did to the car with my left side. My bicycle is 100% alright.

 

 

 

Our fearless, intrepid investor pays attention to the Put/Call ratio. It is -ve for the week, for the month and for the year. For. The. Year!

‘Davos in the Desert’ is an annual event hosted by Saudi Arabia. The kingdom has $778-billion sovereign wealth fund. It seeks to wean its economy off oil. It invites the world’s top financiers such as World Bank President Ajay Banga, CEO of BlackRock, Laurence Fink, JPMorgan’s Jamie Dimon, Goldman Sachs’ David Solomon,  Citi Group’s Jane Fraser (British).

All of them are pessimistic about the global economy due to Israel & Hamas. Universal agreement among financiers is rare.

What is the best investment in a declining market?

Continue reading “Monday, Oct. 30, 2023. How our fearless, intrepid investor made out last week and what she will do today”

Tuesday, Oct. 10, 2023. How our fearless, intrepid investor made out last week and what she will do today

Yesterday, Monday, October 9, was a stock market holiday so we are reporting on our fearless, intrepid investor’s activities today, Tuesday, October 10.

Writing (selling) covered calls on SPY last Monday, October 2, with expiry date on the Friday of the same week, October 6, she collected a decent, safe premium income.

What will she do when the market opens today?

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Monday, Oct. 2, 2023. How our fearless, intrepid investor made out last week and what she will do today

Writing (selling) covered calls on SPY last Monday, September 25, with expiry date on the Friday of the same week, September 29, our fearless, intrepid investor collected a decent premium income.

What will she do when the market opens today?

YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us