Constructing Line Without A Safe Anchor Point….Diddling in the Middle Vegetation Fire Initial Attack….A massive inferno vaporizes the waist high shrubs outside your window as you pull up to scene. Homeowners scream for you to save their homes and everyone on the block threatened by the fire points to their driveway. Ash rains from theContinue reading “Watch Out Situation #8”
Category Archives: Strategy
“Listen Here Maggots”: Candlestick Building Blocks
Before you can run, you have to walk. Before you can walk, you have to crawl. In the world of reading candlestick charts, we will be starting with the basics first. In this article, you will learn how to read a single candle stick pattern. It reminds me a lot of like being in theContinue reading ““Listen Here Maggots”: Candlestick Building Blocks”
Overrun: When Cash Secured Puts Get Exercised
In my last post, I highlighted the benefits of cash secured puts in buying a stock at the price you want to own them at, all the while getting paid to wait. The firefighting equivalent, would be to scratch indirect hand line well ahead of a raging fire in order to prevent the spread ofContinue reading “Overrun: When Cash Secured Puts Get Exercised”
Indirect Attack: Cash Secured Puts
The markets have been more insane than the crazy frequent flier covered in their own bodily fluids that you ran on three times last night. Something I have been asking myself over the last two month hiatus from posting on this blog, is Are These Markets Investable? Turn to Twitter, financial blogs, and other socialContinue reading “Indirect Attack: Cash Secured Puts”
Stumbling In The Smoke
Now more than ever, it’s time to develop an investment thesis…here’s mine after some wandering…. It’s easy to do at 2am. You get the call for a structure fire as you wipe the sleep from your eyes. The adrenaline surges as you make your way through the dark and empty streets to reports of peopleContinue reading “Stumbling In The Smoke”
Swimming With The Whales
This post was inspired by my daughter Everly on a recent trip to Sea World. My wonderful parents gifted us a pass to Sea World for the year and it has been so much fun to see my little three year old so excited to go see all the sea creatures. Of all the marineContinue reading “Swimming With The Whales”
Hard Lessons In The Stock Market
There are a lot of firefighters and first responders out there feeling the crunch of inflation. I’m one of them. I realized the writing on the wall late last year as I struggled to pay the bills and shop for Christmas presents for my family. Without a sizeable raise, I reckoned inflation would outpace myContinue reading “Hard Lessons In The Stock Market”
5 Minute Retirement Planning Drill
What to do with a million dollars in your retirement account? In the first 5 Minute Retirement Planning Drill, we explored a simple compound interest calculator. Messing around with this calculator allows you appreciate the importance of investing early and often. It shows that waiting to invest will take more work to get to aContinue reading “5 Minute Retirement Planning Drill”
5 Minute Retirement Planning Drill
Take 5 Minutes To Show Your Newest Firefighters How Compounding Interest Works
Portable Monitors: Taking Risk Off The Table
I’m writing this during a time where I have loaded up on cryptocurrencies and commodity stocks on the cheap…they’re volatile and at times irrational…BUT THE GAINS!!!! Imagine a large compressed air tank being exposed to a rapidly expanding fire. You are at a large industrial yard fire and notice the hazard within a larger expandingContinue reading “Portable Monitors: Taking Risk Off The Table”