The delayed inflation report came out today and, in my opinion, it had bad news for everyone. But what caught my eye were two headlines on CNBC (links below). Inflation at 3 Percent The first article on CNBC has the inflation breakdown but the headline is that inflation for September came in at 3 percent….
Author: Rich Slick
Net Credit Collars On NVIDIA
I continue to be extremely concerned about the over valuation of stocks but that doesn’t mean there isn’t a way to make risk free money. So far, I have net credit collars on GLD, IWM, IBIT, and recently added more NVDA. Mechanics of Trade Here’s a walk through of the trade. The net credit here…
It’s A Tough Job Market Out There
While I was traveling through Europe and Asia, I did end up doing some interviews with a few companies. I actually have another interview on Friday but the job market is the worse that I’ve ever seen. I’ve also had quite a few people ping me that I haven’t spoken to in years asking if…
Zepbound: My Health Journey – September Year 2
I am a little late getting this out, I’ve been traveling for almost two months now. I took 8 shots of the autopens with me and I’ve burned thru them all but one which I will use next week. The good news is that I have lost weight while traveling. It hasn’t been hard, I…
Locking 15% to 25% Return On Gold Miners
Even though I’m in Asia, it doesn’t mean I’m not trying to make money. Gold continues to go to the moon and it’s a great time to profit from all the momentum and speculation. I’ve written about my first gold collar on GLD here and so far so good, it’s risk free money. I also…
Greetings From Asia
I have been on a long journey through Europe, Middle East and now in Asia. I am excited and happy to report that I think I have found my retirement home outside the United States. I won’t reveal the location yet because now the real work begins and I don’t want even a few dozen…
Now My Bank CDs Are Being Called
While the cat’s away the banks will play…that’s how I feel right now. I’m having a great time in Europe getting ready to move to Asia but I keep getting notifications of stuff happening back home with my financial accounts. The latest thing was this gem below that my 5.05% CDs are being called. Oh…
Inflation Is Still Bad
The BLS reported the consumer price index for inflation today and it’s not looking good. You can read the boring report here or you can see nice graphical charts of the information over at CNBC here. The eye popping numbers in some items: I haven’t yet checked insurance but I’m assuming that’s also up if…
Bond Calls
I wrote a post about having to manage many “money calendars” and that process has now become more intense especially as I travel through Europe, Middle East and Asia this Fall. I have now added a ‘travel’ calendar to my calendar portfolio. One of the things I have been dreading is getting some of my…
Gold Collar Trade – How I Am Making Risk Free Money!
Back in April 2024 I wrote a post entitled, “The Gold Bugs, Like Cicadas, Are Out of Hibernation” and the tone of the article was skepticism of where the price of gold was going. In that post I wrote that I have some physical gold and I also own a few gold mining ETFs. I…