Last week I sold all of my NVIDIA exposure. Everything.
Sold 50% of Amazon, Apple, Google and Microsoft exposure, then sold short calls
Doubled long put positions on all the indexes
Sold short calls on GLD and SLV
Doubled short USO positions.
In total, $2.5 million in options in the book.
And I’m closing on a rather nice home in Tokyo today.
This is not financial advice.
Good luck
Instead of chasing 304s I'm out here chasing belts! In all seriousness, thanks to CGA all the time I could have wasted on dating women who don't care about me I instead invested my time in Muay Thai and chasing my dream to become a martial artist. Free Agent Lifestyle 4 Life!
As my rich Uncle G says: “Don’t buy a house to live in until you can afford 5 of them.”
And as I’ve detailed before, your personal residence is not included in your effective net worth. They don’t care how much your home is worth because it’s illiquid.
20 years ago, I bought my first home to live in. One of the biggest financial mistakes of my life. $100K removed from my asset column for the down payment and not working for me for 11 years because I wasn’t thinking with my net worth.
Now today I do own quite a bit of real estate, but I don’t own the place that I live in. Every door owned generates cash flow and sits in the asset column.
Lesson learned
Good luck
https://www.instagram.com/reel/DLilOj3IAPe/?igsh=MWJ2anlxY241N2Z4ZA==
