Hi Team,
Last weekend is my expiry date for my positions, DRYS being lower than my buy in target price of $1.50 per share, I was exercised to buy in shares at $1.50 as per agreed on 21 Dec 2014. Total 45 lots.
Total funds used for these positions is $6,162.95 + $612.95 = USD $6,775.90
Remaining Cash funds in account is USD $3,670.30
So far to date, this counter/trade is the only one which is at risk of "losing" money, BUT its cushioned off with Cashflow collected of "$437.22 + $302.22 = $739.44" previously.
*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