When Long Term Planning Works Out Thanks to my recent investment in Lending Loop I am now making an additional $2,000 per year of interest income. This brings my total passive income to $24,000 per year. Sweet peaches and cream! 😀 Here’s a breakdown. $9,000 dividends $9,000 rent $6,000 interest Passive income is the best kind of income for 3 important reasons:… Read More »
Dow Jones trading over 21,000 points It’s only the beginning of March and the stock market indexes are already up 6% to 9% year to date in the United States. The Dow closed over 21,000 points last Friday. Of course hitting new highs is nothing special for the stock markets. But who knows how long this momentum will last. We… Read More »
How High Can the Dow Go? The Dow rose from 7,000 to 20,000 points over the last 8 years. And that doesn’t even account for the dividend payments. By using financial leverage my portfolio managed to outperform the market every year since I started buying stocks in 2009. 🙂 Borrowing to invest is risky. But if I continue… Read More »
The Second Longest Bull Market Happy New Year! 🙂 I hope everyone had a great 2016. It’s somewhat surreal to see an economy that’s still struggling while the stock market has never been stronger. We are currently living in the 2nd longest bull market in American history, recently surpassing the 7 year streak that spanned 1949 to 1956. 2017 could… Read More »
Once again North American stocks continue to impress. My liquid net worth (net financial assets) climbed 2.5% over the course of November, nearly $8,000 of gain on its own. Many people including myself thought a Donald Trump win for the presidency would trigger a stock market correction. Although the Dow Jones fell 800 points (about 4%) in pre-market trading the… Read More »
The Advantage of Asymmetric Risk/Reward An asymmetric trade is when we have limited downside risk, but a lot more upside return potential. 😀 For example, earlier this year Great Britain held a referendum to decide whether or not it should leave the European Union. There was a 50/50 chance it could go either way. However most investors, traders and… Read More »