To my benefit, I've been taking that advice and executing a few of those trades outlined in those articles.
I also believe in investing part of my funds in companies that distribute all of their profits to their shareholders in the form of dividends. These are often referred to as MLPs, BDCs and REITs. Finally I like to enhance those returns by selling both covered calls and cash secured puts. Information on each of these strategies can be found all throughout my this website and complete list of those articles can be found by clicking on the link “Investing Articles” found at the top of this page or on the right hand side column under Categories.
I feel fortunate that I am able to consult with myself through these articles. Whenever I have a question about an investing strategy, I can usually find sage advice in earlier articles I’ve written. If not, I’ll write a new article which I can use in the future whenever the current problem presents itself again. Writing these articles has been an interesting and beneficial exercise and I recommend everyone create something similar for themselves. It forces an investor to flush out their thoughts on investing and to create a comprehensive investing strategy. This usually is a major step in becoming a successful investor.
The end product of all of this is having an organized plan of attack which simplifies my daily investment decisions and reduces the number of investing mistakes. It’s those small mistakes that wreck such tremendous havoc on your portfolio.
My best wishes to all the struggling investors out there. You are not alone.