Investing Dad's inheritance in the Stock Market - 2021

Updated: 19 January, 2021 seen 51

At the start of January 2021, I received my dad's inheritance to my bank account. Inheritance is no more and no less than  EUR 6,061.21

Here is what I have decided to do with the funds - invest in the stock market during the rest of 2021

We talked a lot about the stock market, while dad was still alive. Unlike me, dad was very conservative and he didn't actually invest, rather saved, The money I've inherited comes from his savings and earnings at the 3 pension pillar.

To honour my dad, I've decided to invest these funds into INTC and PLTR  (or LI) stocks, where INTC is a conservative holding, with slowly accumulating shares over the course of this year, collecting the dividend, and the selling covered calls, while PLTR (and LI) is a part of the aggressive trading - selling options, puts and calls weekly or bi-weekly.

Options income from dads portfolio

Options income from dads portfolio

Additionally, once a month, I will reinvest all income from options trading into the AAPL stock. 

I'm looking to hold 100 shares with INTC, 200 shares with PLTR (or 100 LI) and some 30 shares with AAPL at the end of 2021. Depending on market sentiment, in a case with a strong AAPL stock run, I might sell the AAPL stock and reinvest funds in some other stock.

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