You can't always win.
Last month we had $13,466 (up 48%) but this month, AFTER adding another $700, we have $13,093 (up 33.6%) and $1,822 in buying power ($2,800 in margin requirements). It would have been worse but, fortunately we have our SQQQ hedge and that gained $590 - saving us from almost half the damages - which is exactly what a hedge should do.
We are still miles ahead of our 20% annual goal and HOPEFULLY the markets will bounce here but, if not, the fact that we consistently invest another $700 every month means we're simply getting better prices for this very long-term portfolio.
If you are just getting started on your own path to being a Millionaire, you haven’t missed very much at $13,093 and you can go over months 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 and 13 to see all the moves we’ve made to get this far. This is a small portfolio, which means we can’t use our favorite option techniques yet - but it’s a great way to learn how to get started on a wealth-building adventure.
I don't think we'll add a new position - I'd rather adjust the ones we have:
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- CIM - We were up 50% last month and now flat. That's a shame. More of a shame is it's using $1,000 worth of buying power so we can bring it up to $2,822 by killing this trade - so let's do that!
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- BCS - I love this as a new trade.
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- F - A tiny loss but still a great spread. It will cost us less than $500 to roll the Dec 2025 $12 calls to the Jan 2026 $10 calls ($3.35) so let's do that.
