… just made a decision…
… and am going to share it with you. 🙂
From this point onwards,…
…, I’ll exclusively be working with underlyings,…
…, with whom I’m walking the walk with.
So, what does that mean?
As per my understanding, there are two ways of getting to know an underlying, for example a stock.
We can see what it’s done,…
…, landmarks that have been established,…
…, track record,…
Sure, we can take in the fundamentals ad-nauseam, and that’s absolutely fine.
No one’s investing without appropriate fundamentals in place.
That’s not it all, though.
Will be walking with the stock too.
Where does it go?
What does it do there?
How does it behave?
Is the behaviour off?
We want to know.
And we’ll know…
… by getting a feel for the stock’s movement.
Why all this?
What are we doing with such stocks?
Investing in them, yes.
However, stocks aren’t always in an investing zone.
Then we’ll generate income from the same stocks.
Why from this category?
Why not choose specific trading stocks to trade?
That’s because they’ll contaminate investment mindset.
Trading investment grade stocks that make one’s cut, when these stocks are in a trading zone, is a pursuit with multi-faceted advantages.
Pinpointed stock-specific knowledge, which gets deeper and deeper.
Insurance when stuck. You’re a holder, so do the math.
Huge time-saving in the long run, as patterns become clear.
If we wish to mimimize tension further, we can take time out of the equation (meaning, we won’t do derivatives in this case).
We won’t be Johny-on-the-spot with this strategy, probably.
We’ll make money, though.
There’ll be peace of mind.
Over time, this strategy can go to the max. Meaning, we’ll outdo all Johnies from their spots with regard to income and wealth generation.
We’re walking the walk, remember ?
Over time, we’ll become masters of our territory.
We don’t want more.
We’re done already.