6 April, 2021 seen 51On March 30, 2021, I bought additional 6 shares of Apple stock (NASDAQ: AAPL) paying $119.41 per share. With its quarterly dividend of 0.20 cents per share, this latest buy has a dividend yield of 0.66% and will pay us an additional $1.20 every quarter (before tax). Not the biggest income, but when buying Apple stock I'm are not looking at a dividend…
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
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.