metachromaticpanda

The Covered Call

The covered call strategy is a great strategy for many investors of both beginner and expert skill level. In most scenarios investors can make money in sideways, falling, and rising markets. I personally have used the covered call strategy countless times to take advantage of market fluctuations. I have talked previously about covered calls whenContinue reading “The Covered Call”

Medical School Burnout and Depression

The top line: Love yourself, take care of yourself, and don’t ever be afraid to ask for help. In medicine and in all walks of life. It is coming to light in the general public that the burnout, depression, and suicide rates in the medical field are very high. This has been known for someContinue reading “Medical School Burnout and Depression”

Why I Love Dividends

A well run company with a fair valued stock price that pays a dividend is a beautiful thing. One reason I love dividends is that regardless of the stock price, you will receive the same dividend payment. For example, let’s say you invested $10,000 in JP Morgan (JPM) at a stock price of $100.00. YouContinue reading “Why I Love Dividends”

Gambler’s Fallacy

Because I have a long history of playing Texas Hold ‘Em No Limit Poker, I have always been intrigued by strategies and concepts surrounding the game and gambling in general. One interesting concept is the Gambler’s Fallacy. The Gambler’s Fallacy refers to a person’s failure to recognize the real probability of an event. It isContinue reading “Gambler’s Fallacy”

How Inflation Affects Debt

We have talked about the effects of inflation on the value of the dollar before. Now how does this translate to our everyday lives? One key thing to understand about inflation is how it affects debts that you may owe or that someone owes to you. Understanding the basics will not only help you understandContinue reading “How Inflation Affects Debt”

Declutter

I have continued to sell things around the house on eBay. It has turned into a bigger project than I ever thought it would be. I initially started selling things off because I had a bunch of clutter taking up a lot of space in my apartment. Then I realized that selling all of thisContinue reading “Declutter”

Tap Dancing to Work

Carol Loomis published a book on Warren Buffett covering the years 1966-2012 of his life. The book is called Tap Dancing to Work. The first time I read this title I thought that it was just some clever marketing title to grab attention, but once I found out the meaning of the title it meantContinue reading “Tap Dancing to Work”

Buying A Stream of Profit

There are many perspectives from which people can view investing money. A lot of people view investing as buying stocks or real estate and hoping that the value of their shares or properties goes up over time. Many of my friends believe that the only way to get rich through investing is to purchase aContinue reading “Buying A Stream of Profit”

Stock Market Drops Are Opportunities

Many investors would cringe if they woke up one morning to find that the S&P500 was down 3-4%. On several occasions during the 2008-2009 bear market, the S&P500 was down more than 5%. These kinds of down days were almost considered normal at the time in fact. However, if you have a long time-horizon andContinue reading “Stock Market Drops Are Opportunities”

The Importance of Savings

We have all heard the idiom “Don’t work for your money; make your money work for you.” This is the very essence of how passive income works. You save, invest, or accumulate money in any way that you can, and then you put it into an asset that throws off cash for you regardless ofContinue reading “The Importance of Savings”