Investing is boring…until you become wealthy.
Routines are boring…until you become successful.
Healthy eating is boring…until you become fit.
Boring is good, and sets you up for the long-run.
If you had to pick one...
$CELH - Celsius (Energy Drinks) $38.03
$BROS - Dutch Bros (Coffee) $31.00
$PLTR - Palantir (Software) $31.48
Which one doubles first?
If you don't have at least $10,000 to your name...
Stop worrying about the market
Stop worrying about politics
Stop worrying about celebrities
Focus on yourself and making more money
My 20-Year Plan to Financial Freedom 🚀
I plan to be work-optional in 20 years..Here's my blueprint:
Foundation: Weekly investments in $VOO to build a solid base. This ETF tracks the S&P 500, and consistent DCA should bring me close to my target.
Asymmetric bets: I'm betting
Lots of guys I know spend more time researching fantasy football than they do in studying stocks.
They're well-informed about whether their favorite player partied the night before or what they ate for breakfast.
Yet, you'll never catch them near an income statement or tuning
Invest in stocks
“What if the company goes to $0"
Buy a rental property
“What if the tenants don’t pay rent"
Start a business
“What if no one buys my product”
Truth is...some people aren’t meant to get wealthy.
The WHEEL Strategy:
Blends selling covered calls with cash-secured puts to manage your positions effectively.
1. Entry: Start by selling a cash-secured put until you're assigned 100 shares.
2. Exit: Once you have the shares, sell covered calls until they're called away.
I sell options because it creates immediate cash flow.
I have no one to answer to, no phone calls, no paperwork.
I just wake up, analyze opportunities, and sell options.
Recurring automated investments are a cheat code to financial freedom
Every week my automated transactions buy me $300 of various assets.
No emotion, no charts, no MACD, no RSI, no Fib levels…buying no matter what.
One of my biggest lessons this year is that there is more money in doing the boring things over and over than there is in chasing the money
Gotta play the long game.
Been asked what companies to sell options on with a small account a lot lately..
At the end of the day they should be companies you like... here are a few from my watchlist:
$RIOT
$SOFI
$CLSK
$HOOD
$PLTR
$NIO
$CELH
$MARA
$TSLL
$CONL
$HIMS
$RKLB
$AAL
$DKNG
$BROS
$ENVX
$INTC
$SQ
What is the best time to sell a Cash Secured Put?
Ideally, on a day the stock is down and IV is high
Other things to consider...
Low RSI = oversold
Price towards lower band of the Bollinger Bands
If you make $500k a year but spend $500k, you're dead broke.
If you make $50k a year but spent $30k, you're wealthy.
Most people haven't figured this out yet.
If you aren’t comfortable investing $100, you won’t be comfortable investing $1,000...or $10,000
You for sure wouldn't invest $100k
Stop making excuses
don’t think “not having money” is holding you back..
Investing 25% of your income is hard.
Working until retirement age is hard.
Doing a side hustle in addition to your 9-5 is hard.
Living on 1 source of income, is hard.
Choose your battle.
Options Sellers:
What do you do with your premium ?
1. Use for more options ✈️
2. Buy more shares to build out positions 🛠️
3. Invest into ETF/Dividend plays 🏝️
4. Fund your living 🏠
Most people look at a recurring charge and...calculate how many hours they have to work to cover the monthly cost.
I look at a recurring charge and...calculate how much I have to invest to cover the cost.
Pick your perspective.
If you are 20, investing literally $50 weekly could make you a millionaire by the time you're 65.
Aiming for more than a million? Simply boost your investment amount.