Liquid net worth – July through September It seems things have gotten worse in the third quarter of 2022. Stocks continue to fall in general and because I am leveraged my investments are down more than the broad-based market. My liquid net worth dropped by $64,000 and is now back to where it was after Q1 of 2021.… Read More »
Signs of financial stress. The effects of higher interest rates have a 6 to 12 month lag period before showing up in the general economy. It appears we’re seeing those related issues now. A Canadian real estate lender has recently halted redemptions on its fund. This means investors can’t get their money out which is a pretty big… Read More »
It wasn’t a good month for options trading. 😅 I’m basically flat for the entire month. I was doing okay for the most part. But then I shorted a put spread on Meta stock before earnings and unfortunately they disappointed investors so much the stock fell 24% the next day which really hurt my P&L. 🙁 The… Read More »