Yearly Archives: 2014

Put Option for Teck Resources

I recently wrote about wanting to try options trading. There are different kinds of options. The strategy I’m explaining today involves selling an uncovered put option. Earlier this morning I submitted an order to sell one $0.60 put option for Teck Resources. Unlike stocks, options have an expiration date so we can’t hold them forever. My TCK options contract ends on June 21st so I’ll post an update… Read More »

Fiscal Update Apr 2014 – $53,000 Net Worth Increase

I’m utterly speechless 😐 Words cannot even begin to describe my grandiose euphoria right now! 😀 ♪♬♫ Because I’m happy ♬♫♯  Clap along if you feel like a room without a roof ♪♬♫ Lol 😛 This is beyond my wildest expectations. My net worth increased by more than 10x my total income in April, including dividends.  *Side Income: Part-Time Work = $400 Dividends = $500 *Discretionary… Read More »

Canadian Farmland Values Growing Faster Than Ever – 22% in 2013

Earlier this month Farm Credit Canada published its annual farmland values report 🙂 Across the country farmland values on average increased 22.1% in 2013. Great Scott! 😯 Saskatchewan farms experienced the biggest jump of 28.5% Blimey! (゜o゜) That represents an 89% increase since 2011. A couple of years ago I explained on this blog why Saskatchewan had the most investment potential due to its growing resource… Read More »