Saturday, May 10, 2014

Weekly Roundup - May 10, 2014


That's right I'm heading to the land of frugality and simple life:  LAS VEGAS!  Okay, maybe it's the land of excess, either way I'm excited.  I wish my wife could be joining me but she wouldn't exactly be welcome on a bachelor party for one of my friends.  It's going to be great getting to spend a few days in Vegas with some of my great friends.  Actually I've known everyone that's going for over half of my life which is pretty amazing.  We don't always keep in touch as often as we should but it's always fun when we get together.  I expect to have a crazy weekend and most likely very little sleep.  The last time we all went together I think I got all of about 6 hours of sleep the whole time we were there.



My portfolio was pretty quiet this week and I took the opportunity to deleverage a little bit.  Back in late January I sold a put option on Phillip Morris and one a Coca-Cola.  Well, with the markets becoming a bit more volatile and hopefully a pullback coming I decided to close out both of the options earlier this week.  I'll get a post up early next week discussing all of the details but it turned out quite well for me and I was able to earn just over $700 in profit on these two options.  This freed up all of the capital that was being held to cover the put option so I have more capital available now to make purchases if we do get that elusive pullback.

Thanks again to everyone that stopped by, commented, or shared any of my posts this past week.  I truly appreciate it and it always amazes me that people are interested in my story and what I have to say.  I can't thank you all enough.

Also be sure to not miss any posts by signing up to receive them by email and make sure you follow me on Twitter.

I normally like to give a little summary with the posts but I'm writing this early Thursday morning before I pack for Vegas.  So time is of the essence since I need to get on the road in about 1.5 hours.

Now on to the links!

The Ugliest $1 Bill I Ever Spent by Retire Before Dad

Personal Dividend Objectives Versus Market Environment by Dividend Growth Investor

Passive Income Update - April 2014 by Roadmap2Retire

Waiting for the first fruits by Income Surfer

Dividend Income Update - April 2014 by Dividend Mantra

Improve Your Dividend Skills by Dividend Ladder

What's keeping you from chasing your dreams? on Frugal Rules

Monthly Update - April 2014 by All About Interest

How to load debit gift cards onto Bluebird at Walmart by FI Fighter

Drive Your Life Forward by Johnny Moneyseed

Berkshire Meeting:  Warren Buffett and Charlie Munger Speak by 1500 Days to Freedom

I hope you all have a great weekend!

Photo Credit: StockPhotosforFree.com

8 comments:

  1. Thanks for the mention, JC.
    Have a great weekend.

    regards
    R2R

    ReplyDelete
  2. JC,
    Thanks for mentioning my post. Hopefully next month's income update will have a misc category called gambling winnings! Have fund in Vegas.
    -RBD

    ReplyDelete
  3. JC,

    Have a fantastic time in Vegas! I've been there twice now. It's a fun town that's alive 24/7, but it's expensive. Great food, too!

    And thanks for including me. Much appreciated.

    Best wishes.

    ReplyDelete
  4. Zach @ Dividend LadderMay 11, 2014 at 12:53 PM

    Thanks for including my post. I hope you are having a great weekend.

    ReplyDelete
  5. Thanks for no mention :D
    But great read anyway!! Thanks for sharing.

    ReplyDelete
  6. Enjoy your well earned get-away. That was a nice profit on those puts there. Well done!

    DW

    ReplyDelete
  7. JC,

    Thanks for the mention! Hope you had a blast in Sin City!

    ReplyDelete