About a year ago, I stopped my monthly contributions to my ETF portfolio. Officially, due to the increased risk at the job: I wanted more cash. With hindsight it might have been a valuation issue. My last buy was in June 2016 – rebalancing my emerging markets exposure.
Trading options is fun and exciting. And in my opinion, less risky than buying stock. That is just my opinion, I might be biased. In a few days, I will be celebrating a postion that is a drag on my profit for 1 year now!
Each month, I track my extra income out of trading. I am a DIY investor that uses options and ETFs to accumulate wealth. These posts focus on the monthly income that I get out of these trades. June was good and disappointing at the same time.
At the start of this blog, we were driven by our goal of FIRE, the ultimate nirvana to reach. A lot has changed ever since. What we track still stays the same. Do you spot the flaw?
Right now, I enjoy the green green grass on my option trading prairie… The results YTD just blow me away. I have never imagined making this kind of money from options. I do know that I need to keep my feet on the ground. Bad times will come. Hence, I work on my risk management … More Passive Income for April 2016 – 16,37pct
Focus is good. You can direct all your energy and attention to the one thing that matters. Everything else is secondary. Could that be bad?
Each month, I track my passive income. And this month is extra special as I start to track my option experiments that I launched in February and March.
While life happens, your portfolio builds up. Having a look at this pile of assets from time to time does not hurt. Being a spreadsheet nerd, I can now easily follow all of this via custom build tool. So, let’s see where we are…
For almost 2 years now, I have been using the Amber index to track our progress towards FI. With this index, I can keep my numbers private while still discussing our progress. With the extra experience and insights we have now, it is time to update the index.
As a family, we are far away from FI. The current official retirement age in Belgium is 67. That translates for me into 2043. Every year that I can be free before that is a win! So, what is the current guesstimate?