This blog is about 2 things, my 2 passions – finance and fitness. To date, most posts have been about finance because there wasn’t much to discuss in regards to fitness. I am almost always training for something crazy but after the worst 8 mile per hour crash known to man in April at Ironman … Read more
A Tool for Covered Call Selection I may not have traded the RUT last week but I did spend time working on the “One Spreadsheet”, aka “The Spreadsheet to rule them all”. I have disclosed from the beginning of this blog endeavor and I have known since the beginning of my 18 month plan – … Read more
“Marvelously ingenious and perfect, from a mechanical standpoint; worthless commercially, the costliest machine ever built will stand as a monument to Mark Twain’s vanished fortune.” New York Evening Telegram, October 8, 1898 Mark Twain & The Paige Typesetter: A Cautionary Tale Mark Twain once said, “I am not as young as I was several years … Read more
The central idea behind this blog was always twofold. First, the 18 Month Plan, aka the 1% Plan. Through a combination of stock & options trading, investing and dividend harvesting I generate $10,000 per month by December 31, 2026, ‘lifestyle’ money. This number would reduce and eventually eliminate reliance on a W2. I have primarily … Read more
Part Two: Why is this 18 month project so important to me? In part 1 of my 3 part Why? series I wrote about why I launched this blog. In part 2, I dig into why this 18 month project is so important to me. As a refresher, the 18 month plan began on July … Read more
Being still in the infant stages of this blog, this 1% Plan, this adventure, feels like the right thing to do to dig a bit deeper into Why. Why start a blog? This blog is the unexpected side effect of finding a therapist earlier this year. I began therapy seven months ago, ostensibly to deal … Read more
One particular stock has had too much of my attention for the last month, Coreweave (CRWV). I have written at length about my $12,000 profit since launching this project on July 1 with only a ~$2,000 overall bump in account balance. That will happen when you own 400 shares of a stock that drops $50 … Read more
Wyatt Earp: What makes a man like Ringo, Doc? What makes him do the things he does?Doc Holliday: A man like Ringo has got a great big hole, right in the middle of him. He can never kill enough, or steal enough, or inflict enough pain to ever fill it.Wyatt Earp: What does he need?Doc … Read more
In preparing for this blog, I looked at a lot of other sort of “DIY” personal finance blogs – and there are a lot of them out there. Some good, some terrible, some easy to follow and many confusing. I will show you how I use a personal budget to track and grow my wealth, … Read more
What stuff does it take to race an Ironman Triathlon? Start with why. Recently I went to a new yoga place in Palm Desert. The first thing the front desk guy says to me – are you an Ironman? Well, yes, how did you know that? I recognized the name. I smile politely, offer a … Read more