Great Start to a new Year, market fell more than usual on the first trading day of 2016. For my last position in PLUG, I'm looking at PLUG holding above $2 but below $2.50 till end of January 2016.
Opened a short term Trade position on Volatility since market has such a large movement, I intend to take advantage of it.
Open a buy in VIX PUT, costs me nett USD $482.97
Once market moves up to my advantage, I'll close this position, target Sell order already placed, looking at about USD $70 net profit.
*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.