Blog Posts
How to Build a Million Dollar Portfolio From Scratch!
Chapter 1
What I am about to share with you has built a million dollar portfolio from scratch for at least three people I know personally who have followed these rules. I have the numbers from TDAmeritrade brokerage statements to prove it. This is an extremely simple system. How did I discover it? I have a huge advantage trading the markets with my PhD in finance because I can read academic research you cannot yet understand but will with my help.
Category: Stocks
How to Build a Million Dollar Portfolio From Scratch!
Chapter 2
Warren Buffett says that your two best ways to succeed financially is to increase your earning power or to own a great business. He says that the best doctor, lawyer, plumber, contractor and so on will always be able to earn from their industry. It is hard to become the best at anything. But with study and practice you can become good at investing in businesses. The easiest way to do this is with single stocks.
Category: Warren Buffett
How to Build a Million Dollar Portfolio From Scratch!
Chapter 3
The riskiest investment in stocks are options. I trade a fraction of our accounts in call options. The rest remains in the S&P 500. There are puts and calls. You make money on a put you buy when a stock or ETF drops. With a call you make money when the underlying asset rises. You make a deposit called premium to buy an option that is a small fraction of the cost per 100 shares of an underlying stock or ETF.
Category: Core and Satellite
Worry Free Wealth
We are a community dedicated to the principles of F.I.R.E.: Financial Indpendence, Retire Early.
This means that we focus on minimizing our expenses while maximizing multiple sources of income. We do this with better jobs, investing, and side hustles.