Finding the Right Job

Garmish - Finding the Right Job

Financial stability prior to achieving financial independence is imperative. Stability can be found by living with intentional frugality, saving diligently, and having a steady, consistent income. For most of us, this income comes not from our investments, but from our day jobs. While most people … [Read more...]

Aggressively Pursuing a Dream, the Roundup #2

02-23-13 Roundup - Sardinia

What a busy week! With the work week being shortened by President’s Day, things were a bit crazier than normal. That being said, I would like to develop a groove in writing posts, as well as develop my “voice” as an author. I know I’m not quite there and just need more practice! I am looking forward … [Read more...]

Trades – Purchased SWY Put, Sold INTC Put and Covered Call

Over the last couple of days, the market has seen a pull back, creating some extra volatility. In addition to that volatility, Safeway saw a big jump in share price with a very positive earnings announcement. Simultaneously, the markets continue to punish INTC, keeping their price just above 52-week … [Read more...]

To DRIP, or not to DRIP, that is the question…

To DRIP or not to DRIP - DRIP Investing

Ah, the joys of dividend investing. Every month/quarter/year you receive a return on your investment in the form of a dividend payment. For some people, this is a pretty substantial amount of money, and for others, like myself, this has yet to reach a significant level of income. From reading and … [Read more...]

Option Expiration and Assignment – INTC and CSCO

On Friday, February 16, 2013, two of my outstanding options hit their expiration date, with one expiring with no action, and the other being assigned. Intel Corporation (INTC) – Covered Call Intel Corporation closed on Friday at $21.12, and with a strike price of $22.00, my option expired. As I … [Read more...]

Aggressively Pursuing a Dream, the Roundup

I hope everyone had a wonderful week of investing and pursuing their financial dreams! Having had my first full week as a live blog has been exciting and I am looking forward to a long and productive future! My primary goal of this site is to develop a permanent record of my investments, while … [Read more...]

Real Estate – My Unintentional Rental Property

For Rent - Unintential Rental Real Estate

I currently own a beautiful, three-story, three-bedroom, three and a half bath townhouse in a different state (not pictured). I rent this house out for $1,375 per month and have been renting the house for four years at the end of this coming summer. However fantastic as all that sounds, the house … [Read more...]

Brokerage Comparison – Basic Options Trading Costs

In my first options post I detailed the cost of my first options trade: a $9.71 fee for an INTC covered call with a total premium of $26, netting me a $16.29 premium. Wow! Just over 37% of my entire premium eaten by trading costs! Naturally, once realizing that I would be doing some more options … [Read more...]

Trades – Safeway Inc (SWY) Put

Safeway-Logo

The morning of February 11, 2013, I sold one put contract for Safeway, Inc. (SWY). As a dividend challenger, my expectation is that SWY will continue to maintain or increase their payout, and have the room to do so. Safeway currently has a payout ratio of less than 40%. With a quarterly dividend of … [Read more...]

Trades – Cisco Systems Inc (CSCO) Put

cisco-logo

Just before the end of close on Friday, February 8, 2013, I sold my first put, selling one contract for Cisco Systems, Inc. (CSCO). With all of my options trades, I only make them if I desire to own the underlying position, with CSCO being a company I desire to hold long-term. Without a long … [Read more...]