Managing Good vs. Bad Debt

“Debt, an ingenious substitute for the chain and whip of the slave driver.” Ambrose Bierce, […]

The Power of Habits (5 simple ways to build good habits)

The Money Vikings explore all manner of ways to live a life of True Wealth. […]

The Investing Trifecta – Triple Net Worth In 8 Years

How I tripled my net worth in just 10 years.

Applying The “Konmari” Method To Finances (How To Declutter For Greater Energy & Success)

Using the Konmari Method for Your Finances.

Dividend Kings (Vikings) List – over 50 years of increasing!

Here is the updated list of Dividend Kings (Or what we call Dividend Vikings). I have highlighted and provide some info on some of my favorites

The Money Vikings Podcast #46 – Winning the Loser’s Game

SHOW #46, winning the losers game, timeless strategies for successful investing, and the Return of the Munger Down under

UIS Covered Call Opportunity – Unisys Corp

8/7/21 – Recall we have a 26$ call we sold. Earnings helped this trade out, and the $UIS closed Friday at $24.83. If we subtract out the premium received from all the sold calls ($1.21), our true cost basis is $23.62 at expiration, which means we could have a profit of $121 dollars if nothing changes between now and 9/17. We will break even as long as the stock stays above $24.29 (Entry of $25.50 – premium collected $1.21). If you are sick of this trade and want to bail, the call we sold last week collected $0.59, and is now worth $0.80, so we have a loss there of about $0.21, but netting out the stock’s price of $24.83 and other prior premium collected is $25.50 – $1.00 or $24.50, meaning you could close this Monday morning for a theoretical profit of $33 total. Yes, you can sell the stock for less than you paid for it and still make a profit because of covered calls! Jerry is going to wait an hold as the stock seems to be trending upwards, and broke Bob’s key resistance of $23.90 (blue line below). We also have 41 DTE (Days Till Expiration) and as readers know, we like to close closer to the 21 DTE.  

The Money Vikings Podcast #45 – How To Trade Successfully with a 9 to 5 Job

A friendly wager from some Chinchillas, Is crypto back? And how do we manage trades during the week? This episode may be like walking out of a thrift store with a dumbell, a Members Only jacket, a Lord of The Rings DVD and a Dr. Phil book…All this and guaranteed shenanigans on The Money Vikings podcast #45…

NFLX Earnings IV Crush – Defined Risk Iron Condor #hottrades – CLOSED – 20% ROI in 10 days!

This trade closed with 20% ROI in 10 days for our Money Viking Community. #hottrades – Let’s Crush IV together in Netflix and attempt to make some money if the implied volatility plummets after earnings! Looking to enter a 5 dollar wide Aug 20 iron condor before their earnings . Buy 490 Put, Sell 495 Put, Sell 585 Call, Buy 590 Call. It’s slightly bullish. Trying to collect at least 1.66 (⅓ the width of the strikes). 

%d bloggers like this: