July options trading update I earned $5,940 trading options in July. This was the highest number of transaction ever. I paid $96 in trading commissions. Several option positions expired in the money and were assigned. TD Bank (TSE:TD) 100 shares at $86. My TD shares got called away at $92. Now I got assigned the same 100… Read More »
October options trading review This month I received $1,485 in premiums from selling options on a portfolio worth about $290,000. 😀 The biggest premium earned this month was from a BlackRock put option, a whole $259. I did an in-depth video explainer here in case you missed it. My options trades and other investments were discussed in… Read More »
Transaction Codes Over the years I have seen many different types of activities in my bank accounts. But sometimes I don’t know what the transaction codes mean. And I’m left scratching my head as to what I’m being paid or charged for. Here’s an example of my account statement. So to make life easier I’ve compiled a list… Read More »
Opportunity for the well prepared Well it’s finally happened. The record breaking 11 year long bull market has come to a screeching halt as stocks tumbled more than 30% in the fastest pace ever recorded. Last Thursday the TSX dropped 12% in a single day, the most in recorded history. But this should come as no surprise if… Read More »
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 »
Last month I blogged about opening up a new Interactive Brokers account to invest in stocks. I’ve received some reader’s questions since then. So in today’s follow-up post, I’d like to discuss the following topics. 🙂 How to Open an IB Account How to transfer funds between TD and Interactive Brokers How margin accounts work with IB How to… Read More »