The US dollar fell last month and probably has further to drop. The US is facing massive stagflation pressures as it deals with rising prices, but no economic growth. This happened before in the 1970s. Here are 3 primary catalysts explaining why it’s happening again today. The US government butchered the pandemic response compared to other parts of the world… Read More »
How I Make Money Trading Options Financial independence is all about having options. 🙂 And that’s the topic of today’s post. I’ll explain what they are, and how I plan to make the most of my new options income strategy. In April I made over $700 trading options. My goal is to continue writing options every month, and… Read More »
Inflation protection Do you remember when air was free at the gas station? Now it costs $1.00. You know why? Inflation. 😀 It’s crazy to realize that the dollar has lost over half its value during my lifetime so far. One dollar in 1987 could buy what $2.33 can buy today. This is why everyone should hedge against… Read More »
The Rule of 72 In case you missed it, last week I made a new video about the rule of 72 – a useful formula for quickly calculating how long it will take to double your money. 🙂 If you haven’t heard about it before, this gives you a better understanding of the value of money over time.… Read More »
Playing by a different set of rules Wall Street is confined to playing the short term game. What will earnings look like next quarter? How will the election affect business performance? But you can play the long game. This reduces your volatility, increases your probability of making money, and is frankly way less competitive. This is your main… Read More »
A review of what happened Around mid 2019 I explained why I was bullish on real estate, silver, and bonds for the next 18 months. That’s why I purchased an investment property that year. Well 18 months have passed. Silver is up 50% since 2019. Bond funds, such as ZLC, are up double digits too. And the housing… Read More »