Hello Everyone,
Remember my last trade Nett in Cashflow of USD $394.51 when waiting for AMD to drop below $4 . It did went down below $4 by 21st Feb, 2014 end of day.
My last trade is exercised as AMD fell below $4, on 22nd Feb, 2014 I'm being assigned 14 lots of AMD:
Total Cash used for purchase: $5612.95
Share Price: $4 (100 shares per lot)
So I placed my next trade order on 26 Feb, 2014 below, received Nett Cashflow of USD $234 for Apr 2014 Expiry.
AMD will release its earnings report by Mid-April 2014, since its still re-structuring its operations for the whole of this year, I expect to see AMD moving in range formation between $3.30 to $4 , unless it can produce better than expected results before the re-structuring is completed.
*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.
No comments:
Post a Comment