Portfolio Strategy, Long/Short Equity, Dividend Investing, Special Situations
Contributor Since 2010
INDEPENDENT Financial Adviser / Professional Investor- with over 35 years of navigating the Stock market's "fear and greed" cycles that challenge the average investor. Investment strategies that combine Theory, Practice, and Experience to produce Portfolios focused on achieving positive returns. Last year I launched my Marketplace Service, "The SAVVY Investor", and it's been well received with positive reviews. I've been part of the SA family since 2013 and have correctly called this bull market for over 8+ years now. Winning advice that is well documented, helping investors to avoid the pitfalls and traps that wreak havoc on your portfolio with a focus on Income and Capital Preservation.
I manage the capital of only a handful of families and I see it as my number one job to protect their financial security. They don’t pay me to sell them investment products, beat an index, abandon true investing for mindless diversification or follow the Wall Street lemmings down the primrose path. I manage their money exactly as I manage my own so I don’t take any risk at all unless I strongly believe it is worth taking. I invite you to join the family of satisfied members and join the "SAVVY Investor".
The February series of options expired last Friday, and with that one of our positions (WLL) was called away for a 3.2% profit . That position was put on Jan 21 and was called away on Feb 22. a nice gain in a month's time.
During the same time frame the (EBAY) options expired worthless and we captured the entire premium for a 2.7% gain for the month..
I came right back selling the Apr 57.5 options on our EBAY position for $1.70. IF called it will be an 8% gain, and if the options expire worthless it adds another 3.1% in income for the 2 month holding period..
The holdings as of today :
The portfolio sits with 3 positions and about $35,000 in cash to invest.... Keeping in mind that the total amount invested never exceeds $100,000.. Since June 5, 2013 the portfolio has brought in $18,488 in total income.
I'll be looking to put the cash to work and add more income in the next day or so..
As stated earlier in this series, this is an actual portfolio..
Disclosure: I am long EBAY, NUAN, FCX.
Additional disclosure: I am long numerous equity positions, all of which can be seen here in this blog..