Investments

My crypto portfolio took a hit of about 17% last night after it was announced that SEC has sued Binance and its CEO CZ. Bitcoin price dropped from about $27,150 to $25,500. At the time of writing, I was holding about 0.1 BTC long futures, with my average buy price at $27,125. Trading with leverage is like a double-sided sword, it can make huge returns and it can also blow up your account easily. With my BTC estimated liquidation price (ELP) just under $25,000 I started to feel quite…

On June 1, 2023, we bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $121.74 per share for our Partnership Fund. We are now holding 25 shares of AMZN in our Partnership Fund portfolio Using dollar-cost averaging our average cost per AMZN share is $106.11  75 shares to go once we will be able to start selling covered calls and generate extra income from AMZN stock. At the current investment speed (2 shares per month) we could get there in the next 36 months or around July…

About 5 years ago I started a simple, so-called 52-Week Money Saving Challenge. The rules for this challenge are very simple - to deposit in the first week one euro, in the second week - two, third week - three, etc. The amount after each week continues to grow, up to the last week of the year when it is 52 euros. The final sum at the end of the investment period equals 1378. For this year's 52-week challenge, I have decided to scale it up huge, by using margin and bitcoin futures with 125x…

At the end of April 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 7,035.08 / EUR 6,396.66. Last month our portfolios grow by quite an impressive USD 569.01 One of my short-term goals is to grow portfolios to $10,000. To get there it is planned to deposit additional capital, plus selling options premium. $3,000 to go before reaching our short-term goal. Portfolio #1 It was a good month for portfolio #1. It grew by + EUR 332.66 and…

Investors are always looking for ways to generate additional income from their investments, and one strategy they can consider is selling put options. This strategy involves selling a put option contract and collecting the premium, with the obligation to buy the underlying stock at a specified strike price if the stock falls below that price by the expiration date. If the stock price does not fall below the strike price, the investor keeps the premium as profit. I was first introduced to the…

If you're new to investing in the stock market, one strategy you might want to consider is the covered call strategy. This strategy can be a good way to generate income from your investments while limiting your downside risk. In this article, we'll explore the covered call strategy with Amazon stock. Subscribe to my newsletter about covered call investing What is a Covered Call? A covered call is an options trading strategy in which an investor holds a long position in an asset, such as a…

On April 3, 2023, we bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $102.63 per share for our Partnership Fund. We are now holding 21 shares of AMZN in our Partnership Fund portfolio Using dollar-cost averaging our average cost per AMZN share is $104.84 (-0.18) 79 shares to go once we will be able to start selling covered calls and generate extra income from AMZN stock. At the current investment speed (2 shares per month) we could get there in the next 40 months or…

At the end of March 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 6,466.07 / EUR 5,948.35. One of my short-term goals is to grow portfolios to $10,000. To get there it is planned to deposit additional capital, plus selling options premium. Portfolio #1 It was a good month for portfolio #1. It grew by + EUR 2,426.37 and stood at EUR 4,379.47 ($4,760.70) at the end of the month. For the truth's sake, we deposited an additional EUR 2,200…

On March 7th, 2023, we bought an additional 2 shares of Amazon (NASDAQ: AMZN) stock, paying $94.74 per share for our Partnership Fund. We are now holding 19 shares of AMZN in our Partnership Fund portfolio Using dollar-cost averaging our average cost per AMZN share is $105.02 81 shares to go once we will be able to start selling covered calls and generate extra income from AMZN stock. At the current investment speed (2 shares per month) we could get there in the next 40 months or around July…

At the start of 2023, I helped as a hiring manager for a country manager role in Armenia for a translation company from neighboring Georgia. It was an interesting expieriece, dealing with candidates, having online interviews over Google Meet, and finaly conduction face-to-face interviews in Yerevan.  In this article I decided to take a closer look on overall tech sector in Armenia Armenia is a country that has been in the shadows of its larger neighbors, but it has emerged as a hub for tech…