Monday Morning Millionaire succession plan and Mon. April 11, 2022. How our fearless, intrepid investor made out last week and her plans for today

 

Timothy’s contact info: ‭(416) 520-7420‬, timothy@roicorp.com

Last Saturday, Timothy Brown and I discussed a succession plan for me as CEO of the Monday Morning Millionaire program. He and I started this program together in November 2017. Soon after, he had to bow out because of demands that arose and needed his attention.

He now has them resolved and is ready to look after the Monday Morning Millionaire program together with me, and take over. He is the ideal person for that role. I am 82 years old, and Timothy is in his fifties.

Timothy is uniquely qualified to direct the Monday Morning Program. As CEO of ROI Corp. He has an exceptional understanding of business in general and professional practice ownership and transition in particular. His core competency is identifying and transferring latent value within the dental industry. His record is unmatched.

He has published hundreds of articles in peer-reviewed journals and has lectured at major conventions and universities internationally and in Canada, addressing legal, accounting, financial and health care professions.

Timothy not only subscribes to the six habits of the Monday Morning Millionaire program, he also advises and shares the philosophy with his clients, a large family, and his extended network in his spare time. His 7-figure portfolio speaks to the success of adhering to the six habits.

I am as delighted that Timothy has reconnected with the Monday Morning Millionaire program as I am confident that our members and subscribers will benefit from his involvement.

You can learn more about Timothy here.

And now, here is how  our fearless, intrepid investor made out last week and her plans for today.

In 2021 she lost $65,700 in 2021 writing covered calls.

What she did correctly was to do so in her “fun” portfolio.

Last week, the market went down 1.4%. Since our fearless, intrepid investor has a 50/50 asset allocation in her core portfolios (50% SPY and 50% TDB166) she lost 0.7% last week.

As we stated previously, this is meaningless! Investors need a long-term mindset. Twenty years from now, SPY will most certainly be up, similarly, 10 years from now and likely five years as well.

What will our fearless, intrepid investor do when the market opens at 9:30 AM today?

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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me