Logical Progress Advancing a Little Bit Every Day

30Apr/130

Living Below The Line

In case you haven't heard, this week is international "live below the poverty line" week. The challenge basically involves living on less than £1.00 or $1.50 per day for five days. I learned about it on a few financial blogs that I follow (My Money Blog), and the authors are taking the challenge in addition to donating to the actual cause.

It piqued my curiosity because I have been trying to find ways to eat healthier without breaking the budget. It turns out that it's not that difficult to find healthy food cheap, but it's still a challenge to do it on less than £1 per day.

9Apr/130

S&P Dividend Aristocrats Portfolio Part One: Introduction

Screen Shot 2013-04-14 at 23.57.57

I think it's high time I get back into this strategy of dividend investing. I've long been a dividend investor, but have diverted from the path a bit with my options trading. While options strategies remain the primary driver of returns in my account, it should be supplemented with another income strategy. This has been referred to as "double dividend investing," that is, writing calls against your dividend paying positions, and it can work out pretty well in sideways markets. However, what we are seeing now is a major bull market with no clear sign that it's running out of steam. We may be reaching a top and a pullback could be coming soon, so in that respect a covered call strategy would be prudent; however, it could also cause a trader to leave lots of money on the table, as is the case with a few of my positions that were opened in the middle of the bull run.