Latest Stock Buy: Bought 1 AMZN share at $118.63

Investments 25 October, 2022 seen 99

On October 21, 2022, we bought an additional 1 share of Amazon (NASDAQ: AMZN) paying $118.63 per share for our Partnership Fund.

We are now holding 7 shares of AMZN in our Partnership Fund portfolio

Using dollar-cost averaging our average cost per AMZN share is $119.98

93 shares to go once we will be able to start selling covered calls and generate extra income from AMZN. We are looking to get there by April / May 2023

If we had 100 shares of AMZN today, we could sell November 18, 2022, covered call (monthly options) with a strike price of $125, to get a $4.00 premium. In case our shares would get called away on expiry we would realize $902 income in about 28 days, that's a potential return of 7.52%

If our options would expire worthlessly, we would pocket $400 or about 3.33% potential return in about 28 days, and start over by writing additional call options

About Amazon inc

Amazon.com, Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the…

Top 20 Best Selling Laptops with Intel core i9 2023

Online Shopping 24 October, 2022 seen 481

Laptops with this powerful but bit pricey, Intel core i9 processor has been around for a few years already. 

Made for gamers, graphic editors and business professionals - ASUS, ACER, and DELL are the top brands for Intel core i9.

Intel Core i9 powered laptops come with a price attached. You should be ready to spend about $1,250-3,000 in 2023, to get one.

A quick note: This article contains affiliate links to Amazon.com, by clicking on links on this page and by making a purchase on the Amazon site, I might earn an affiliate income from that. The prices for laptop computers listed on this page are retrieved using Amazon Product Advertising API and are updated daily. For actual prices please refer to the product page on Amazon.

ASUS ROG Strix Scar 15 (2022) Gaming Laptop, 15.6” 300Hz IPS FHD Display, NVIDIA GeForce RTX 3060, Intel Core i9 12900H, 16GB DDR5, 512GB SSD, Per-Key RGB Keyboard, Windows 11 Home, G533ZM-ES93

Aspect…

Why should you buy an apartment in Georgia?

Living in Georgia 21 October, 2022 seen 138

Recently I have been a lot into the Georgian real estate market - I'm currently gathering funds to buy an apartment in Tbilisi and later resell it for a profit.

Scouting Potential Apartment Investment in Tbilisi (Samgori Ecocity)

In this article I will lay out some information regaridng buying a real estate in Georgia (Tbiisi / Batumi/ Gudauri or other) I found with the help of TBC bank. I was considering using loan at the local TBC bank to finance such purchase, but now with potential co-investor not looking on bank loans anymore.

Feel free to contact me via blog or Linkedin if you are interested in Tbilisi, Batumi or other real estate investment in Georgia

The real estate market in Georgia is growing - more and more people are trying to buy housing for various purposes. For many, renting a home is a stable source of income that has a fairly solid relative share in the monthly budget. Many are now trying to buy a house in areas and…

Ratio Backspreads on Crypto / Solana example on Deribit

Trading 20 October, 2022 seen 12

Backspread is an advanced type of options trading in which a trader buys more call or put options than they sell. The backspread trading plan can focus on either call options or put options on a specific underlying investment. 

I was first introduced to the ratio back spread options by an Italian fellow option traded (Ciao Massimo) a few years ago. I should say I like the theory, but in the practice, I cannot report (yet) significat results.

In the past, I had tried my luck with put and call ratio bascpreads on stocks and ETF's but today decided to look at how ratio backspreads help mitigate risk. I was exchanging email with my trader friend and here I will paste my loud thinking notes:

Call and Put ratio examples for Solana coin on the Deribit platform

I bought 100 SOL coins at 29.36 and sold call and put backspreads with expiry on October 28 ( what is your optimal expiry?)

here is the trade setup:

sold 100 SOL-28OCT22-30-C @0.026 bought 200 SOL-28OCT22-32-C @0.010

Kept premium: 0.6 SOL

what happens next: I have actually bought 100 coins at 29.36, I don't care much about the call side, say it will expire at:

$30 - excellent, my 100…

Ambrolauri Airport

Airports 19 October, 2022 seen 17

Ambrolauri Airport is a small regional airport serving Ambrolauri, a town in Racha-Lechkhumi and Kvemo Svaneti, Georgia. The airport is owned and operated by United Airports of Georgia, a state-owned company.  It has been open in its current form since January 2017 and can serve airplanes with up to 50 passengers capacity.

I first learned about this airport back in 2016, but first tried at the end of 2022, during a Fall break trip to Racha. We booked a round-trip flight here by Vanilla Sky and enjoyed a 35-minute flight from/to Natakhtari airport. 

Ambrolauri terminal building

Ambrolauri Airport is located at the edge of Ambrolauri town, in the historic Racha region on the right bank of the Rioni between the Racha and Lechkhumi Ranges and at an elevation of 544 m (1,785 ft) above sea level. The region is of tourist interest and it is the cradle of one of Georgia's pre-eminent wine varieties, the Khvanchkara, named…

Buying Real Estate in Racha (Ambrolauri district)

Investments 18 October, 2022 seen 41

Racha is a highland area in western Georgia, located in the upper Rioni river valley and hemmed in by the Greater Caucasus mountains. 

Ambrolauri serves as the seat of the Racha-Lechkhumi and Kvemo Svaneti regional administration and of the Ambrolauri Municipality and had a population of 2,015 in 2021. The city is served by a small, but very convenient Ambrolauri airport, with a few weekly flights to Natakhtari (Tbilisi), thus making the city and the whole region of Racha - attractive for real estate investment. 

At least, these are my thoughts after my first trip to the Region on Racha, and visiting the cities of Ambrolauri, Nikortsminda, and Agora at the end of 2022.

Despite being mountainous and with cold winters, Racha is home to some of the best Georgian wines (Khvachkara), there are many small family-run chateaus and a booming tourism industry with guest houses. camping, gleaming, and hotels developing in Racha. I agree, Racha has some great potential.

While sipping Kakhetian Wine from Alazani valley in Racha, and staying at a cozy cottage I come up with a quick idea - how about we buy some…

Natakhtari Airfield / Airport

Airports 17 October, 2022 seen 48

Natakhtari Airfield is a small domestic airport located in Natakhtari, close to Tbilisi, Georgia.

It is privately owned and operated by the parent company of Vanilla Sky Airlines, Service Air. Domestic flights to Batumi, Mestia, and Ambrolauri are served from here. Free shuttle service is available from Tbilisi city center for Vanilla Sky flights.

We have been huge fans of Vanilla sky airlines, for Tbilisi - Batumi flights, which previously were scheduled from Tbilisi international airport, but seem to have been rerouted via Natakhtari airport (at least in 2022), and that's how we discovered this small, cozy airport. 

Natakhtari airport in Georgia

Free parking spaces in front of the temrinal building. Also free shuttle service available to the Tbilisi city center. A taxi ride with Bolt cost about 25 GEL to get here. (prices as of 2022)

Natakhtari Airfield is located about 9 kilometres (5.6 mi) north of Georgia's historic capital, Mtskheta, a popular tourist destination. Located in the Mukhrani Valley, it serves private flights and a number of small scale charter and scheduled domestic flights by Vanilla Sky Airlines. 

Natakhtari -…

Scouting Potential Apartment Investment in Tbilisi (Samgori Ecocity)

Investments 14 October, 2022 seen 132

For the past couple of weeks and months, I have been working toward my Tbilisi real estate investment idea.

Now I have a potential co-investor and we are looking to buy one apartment in Tbilisi (or Batumi) under construction, wait until it is completed, and sell it for a profit (hopefully).

As I had done initial market research for some potential value deals in Tbilisi, I found this quite an interesting offer located in the city outskirts but meantime well connected to the rest of the city - Samgori Ecocity project by Meti developer company.

Invest in Tbilisi Real Estate - New Projects under construction

I held initial talks with the developers and was quite satisfied with the offered terms for apartments at Samgori Ecocity, Now was the right time to go and see all for myself. I was offered a $650 price per m2 - white frame. 0% interest monthly installments up to 20 months.

This morning I was in the gym when decided to shout out a message to Ralph, a German friend here in…

Invest in Tbilisi Real Estate - New Projects under construction

Investments 13 October, 2022 seen 133

A few months ago, I came up with an idea to crowdfund a real estate under construction in Batumi and sell it for profit once completed. I was contacted by a potential investor from Canada, and we kept shaping this idea more and more until we are already ready to make our first co-investment.

High Risk / High Return Investment Opportunity in Batumi Real Estate

A few weeks ago I went again to Batumi, to re-check the situation with Batumi real estate, and did some findings, some were good and some were not so good, I raised my concerns to the potential investor.

Because myself being located in Tbilisi, I decided to make a quick look at Tbilisi real estate market with a focus on new projects under construction.

For this focus, I decided to look at a few properties across Tbilisi city, not prime locations, but lower prices. Because of the lower price we could afford to buy a more spacious apartment, which we could sell with a good profit margin to families with kids or rent it out for long term or Airbnb.

For this quick research, I was using…

October 2022 - Bitcoin / Ethereum / Solana Short Term Support / Resistance levels

Trading 12 October, 2022 seen 19

Greetings from Tbilisi, Georgia. The weather temperatures are lowering but there is still plenty of warmth and Sun even in the middle of October.

In today's article, I'm going to look at 3 cryptocurrencies - Bitcoin, Ethereum, and Solana and make some predictions/forecasts based on technical analysis and my inner gut for the rest of the month.

The Crypto market, for the past weeks and a couple of months already, has been in a consolidation mode. 

Both investors and traders are looking for price action. Holders would love to see an upward trend, shorters would favor a downward trend. Speaking of me - neither. I'm neutral, but in general, would love more bullishness in the market.

Bitcoin

BITCOIN price October 2022

At the start of October, Bitcoin shortly break above $20,000 and quickly fell under. 

Since April, Bitcoin has been trading under both 50 and 200-day averages with current short resistance set at $20,300, if breaking above it a possible move towards $25,000 is expected. I would look for the support levels at $18,200 which was last tested at the end of September. If we break $18,200 the next move could be to June lows at $17,700…