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.

Wednesday, December 16, 2015

Updates (16/12/2015)

Hi All,

NBG was delisted from the NYSE as it has been trading below $1 for 6mths, thus when it was delisted, it was considered trading on "pink sheet". In short, trading on exchange such as stock & options are taken offline. Once options are taken offline we wont be able to price & position according to CBOE, resulting in disabling Cashflow creation.

This is a first time learning experience for me in such a senario. During the delisting of NBG, they undergo a Reverse Stock Split of 15:1 . I'm also been exercised on my Covered Sell Options, totally my National Bank of Greece share holdings to 1276 shares (12.76 lots).

Then the new symbol of NBG is NBGGY now. Cash available in account is USD $1,923.83 , to continue having CashFlow, I'll be topping up additional funds in, to make total amount above $5k.



Total amount used to own NBGGY is USD $13,025.90
Posted by at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)