16th May is the last trading day of my May Expiry positions. AMD closed at $4.02 slightly above my purchased price of $4 .
Hmm, I heard some asking "How does that make you money buying & selling at the same $4 price." Oh well, if you read my main page header, this is all about CashFlow Investing. You dont have to be rich OR have more than $100k to retire, all you need is to have One or More systems which generates more than your monthly Expenses.
Back to the ground, eventually the system assigned me to sell off 7lots (700 shares) of AMD instead of all 14lots. (That means I still get to hold 7lots, what a Great Deal)
So I got liquidated by 7lots, got back cash of $2786.98 into the account.
So whats next, Of Course to continue my CashFlow Investing - 3 Steps (Setup, Strategise, Deploy)
Placed my orders on Sunday (18th May, 2014). I'm confident for the next 2months, AMD is still going to range between $3.80 - $4.15/$4.35 as long as there's no major Market Movement(Retracement).
Orders are filled, collected $126.79 & $130.76 = $257.55 nett Cashflow
So how will AMD fare till end of June 2014, we shall see, cheers..
*Refer to disclaimer
CashFlow Investing is based on the Concept by Mr Robert Kiyosaki, where the Strategies/Mindset of Investing formulated Primarily for Cashflow collection, Secondarily for Capital Gains.
I see it as a business model similar to "Insurance", "Vehicle Rental", "Property Rental". Where you manage/own assets which generates Cashflow Income on a consistent, shorter term, manageable, predictable & acceptable basis.
It is not a Get-Rich Quick, One-Time jackpot kind of strategies where you can retire quickly, but a consistent system which I use personally which will & can replace your working Income over time, leading to Retirement.
Caution - Formulated Systematically to lead to Retirement in 8 years.