3 Strategies to Overcome Our Flawed Investment Psychology – By Money Viking Greg What a wild week in the market, like a crazy roller coaster! The field of investment psychology comes out with more and more evidence every year that proves we suck at investing and managing finances in general. The old models assumed that … Read More “3 Strategies to Overcome Our Flawed Investing Psychology” »
Month: January 2022
We cover a way to assess our financial health in various stages Goal is to achieve a high level of financial health & wealth The main 5 levels are 1. Negative Net Worth (Sinking Longboat), 2. Treading Water, 3. Viking Health, 4. Viking Prosperity, 5. Viking King/Queen Know your stage so you can take action … Read More “5 Levels of Financial Strength, Where Are You?” »
Thank goodness we have had enough sense over the years to limit our exposure to crypto currencies. We have always been intrigued by the concept and understand the fundamental principles. BUT, crypto is severely lacking in structure, rules and organization. So let me put it this way: Dear crypto, get your shit together! Or face … Read More “Dear Crypto World – Get Your Sh%#t Together!” »
3/17/17 Update – Close for Profit (32% ROI) We were able to close this SPY Iron Condor for a 79$ profit, which was our target of 50% of premium received. To execute this trade we did the following: Bought to Close 1 SPY 04/14/22 Call 466.00 @ 0.73 Sold to Close 1 SPY 04/14/22 Call 470.00 @ … Read More “SPY IRON CONDOR, CLOSED FOR 32% ROI” »
2022 is here and it is that time to make those new year’s resolutions. 2022 feels like a particularly strong year to do so give what we have all collectively lived through the last couple of years. But the cold reality is that I have failed in the past to keep resolutions going. It seems … Read More “2022, Another Way to Approach New Year Resolutions” »