.........or at least you can if there is coffee!
And all your money won't another minute buy
enough of that Kleenex material!
As some of you guys know I was recently diagnosed with the C word. Not the having too much cash disease...
but the other one. Not too huge a thing as things go, but it does make you wonder if it is time to actually get your shit together and clean up your desk like you promised to years ago..... Those red dots gotta go I'm told.
Supposed to be an EZ-PZ tonsillectomy (primary cancer site) and a cervical dissection of the involved lymph node(s). I hope they label everything so that they do not take out any arteries while they are in there. Of course it might devolve into this....
I blame the whole thing on just having 2 wisdom teeth instead of 4 - clearly I've been off balance for 55 of the last 70 years!
OK, enough of the humanity, let's get back to trading.
As part of the getting prepped for going under the knife plan I gifted the 2 kiddies $100K each. Merry Christmas.
They are under orders to not touch the capital until I'm in a box. I like this one:
because I can reach out and keep in touch with the cash.....
Back to the 1% trades.........
1% a week adds up to 52% year, which means that they can retire starting this week. I mean, if you are "kid" a $50K raise on top of your regular income ought to go fairly far even under Biden.
What kinda trades did I put them in?
The usual snoozers with the goal of going to cash every Friday. Kid #1 will be used as an example.
WEEK#1:
The Half & Half split:
Both of those worked out great as a kickstart, same with week #2, and current week 3 positions are here:
As all their legacy positions expire this plan of generating ~$1K a week will get easier and easier as the 'risk' can be reduced further with each trade.
Here's a fun one to do maybe for Kid #2 on Monday on a dip:
$4k/month = $1K/week after all.
Merry Xmas to all!
YRMV