AFI Hedge Fund Update #3: Slow Recovery and Lessons Learned

passive income side hustle reports

Better but Still Underperforming the S&P Early in 2017 I decided I was going to take $10k from my Roth IRA in Vanguard and use it to trade options.  I’ve always had an itch for making speculative investments and I’ve wanted to try options trading for a long time. After basically breaking even with $10k I decided to move over another $10k as well as $3k that was in my wife’s Roth IRA.  I probably […]

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AFI Hedge Fund Update #2: 3 Months In

Results After 3 Months My experiment in options trading started a long time ago, about 1 year ago.  After months of learning and making mistakes, I didn’t have a good grasp on my results other than they weren’t great. Starting on March 3rd of this year I began recording my account balance every morning the market opened.  This way I could track my account balance in my Roth IRA and my wife’s IRA, both of […]

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The Best Brokerage of 2017: TastyWorks

What to Look for in a Broker There are a ton of brokerages out there, you’ve probably seen ads on TV with a talking baby or an old person who looks so happy to be paying $7.95 per trade. The truth is that any brokerage that spends a ton of money advertising on TV has to be making up for that with what they charge you in commissions.  The less money your brokerage wastes, the lower […]

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The Best Roth IRA Funds for 2018

How to Choose the Best Roth IRA Funds You’ve got your Roth IRA opened but now you’re stuck staring at a huge list of acronyms and technical sounding names.  I was in the same spot when I opened my Roth IRA 5 years ago but since then I’ve learned quite a bit about Roth IRA funds and here is how you can choose the best options. Step 1: Learn What Does NOT Go in a […]

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Market Tanks but It’s OK – AFI Hedge Fund Update #4

How I Stopped Worrying and Learned to Love the Chaos So as I detailed in my last update, I had 2 options positions.  One was an iron condor on the S&P index and the other was a covered call on $O, Realty Income Corporation.  Here’s a review of what happened to each position when the market tanked on Friday. $SPY Iron Condor Many options traders lock in their profits on a position once it hits […]

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AFI Hedge Fund Update #2 – Covered Calls Gone Wrong + Iron Condors

starting my own hedge fund

How NOT to Make Money with Covered Calls So as I detailed in my post last month, I’ve set aside $10,000 that I can trade completely at my discretion in an attempt to outperform the market.  Instead of attempting to pick individual stocks I am going to use options as my main investment vehicle. My knowledge of options is relatively basic so until I have time to learn more in depth strategies I am going […]

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