Updates from September, 2014 Toggle Comment Threads | Keyboard Shortcuts

  • eurfi 9:42 on 2014-09-26 Permalink | Reply  

    Looking forward to the end of the month… 

    I’m always looking forward to the end of the month. My paycheck is due around the 25th/26th, but that’s not the main reason…

    I like calculating our networth. 🙂

    Usually the investment returns decide if it’s a plus or minus month. But of course we save some Euros as well. I will disclose our figures starting in October.

    I have quite some history: yearly figures starting in 2005 (except 2008) and then some monthly figures as well. Nowadays there is no exception: I track every month.

    I also track our expenses, which I will detail in another post.

    Advertisements
     
  • eurfi 22:03 on 2014-09-17 Permalink | Reply  

    September 2014 – Expiration Report 

    The expiration for monthly options is coming Friday, but I already closed my two September positions:

    • T – 2x 34.50 Put +$50
    • DE – 2x 82.50 Put +$97

    I closed them today, because I will be travelling on Friday. Also I wanted to close before the FED announcement – maybe I overreacted a little bit.

    The gain is very small and I’m not sure if it’s worth the risk. The implied volatility of quality dividend stocks is so low, the premiums are just not very high.

    I also bought some REIT stocks:

    • O – 100x 42.40
    • ARCP – 400x 12.45 (I also sold 4x 12.50 10/14 Call for 0.25)

    Realty Income (O) is between two strikes (40 and 45), so no good option was available. And for American Realty Capital Properties (ARCP) I sold the October 12.50 call. My premium was $0.25 – which means an entry price of $12.20. If I’m getting called my win will be $0.30 (12.50 – 12.20) which is roughly 2.5 % in one month. If I still get the September dividend, then it’s 3.1 %. Not bad.

     
  • eurfi 23:46 on 2014-09-12 Permalink | Reply  

    How it all started … 

    In the beginning of July I came across the ERE website. I quickly discovered MMM as well and lots of other inspiring blogs.

    The thought of not working till 65 captivated me. I’m in my late 30s, so no “early” retirement for me. But still, the math behind the savings rate enlightened me. If only I had started earlier!

    But better late than never, I’m working towards Financial Independence now. I would like to build a portfolio of dividend stocks and enhance the yield with options selling.

     
    • MP 1:28 on 2014-11-08 Permalink | Reply

      Welcome in the FI/ER world!!!
      Looking forward to reading more of your posts.

      Are you on Twitter by any chance?

      Like

      • eurfi 15:11 on 2014-11-09 Permalink | Reply

        Thanks for the warm welcome. Sorry, no twitter account – just this blog.

        Like

c
Compose new post
j
Next post/Next comment
k
Previous post/Previous comment
r
Reply
e
Edit
o
Show/Hide comments
t
Go to top
l
Go to login
h
Show/Hide help
shift + esc
Cancel