I placed a trade on Friday in the Retiring Easy Portfolio as the market plunged. Today I added in a second trade to this portfolio.
This is the second trade for September 2024 in this portfolio.
I am expecting to beat the returns in this portfolio, made in 2023.
The trade alert explains the details and contains further comments on today’s new position.
This new trade keeps profits pouring into what has been an excellent portfolio since being formed in July 2018. Through bear and bull markets this portfolio has cranked out profits. I use the profits from the Retiring Easy Portfolio to augment my retirement income.
There have been no losses to date in this portfolio. Investors who are nervous with the current market or worried about a potential recession should wait or reduce the size of their trade.
This portfolio is designed to place only a handful of trades in a month but earn well above average gains.
Make sure to read the entire trade alert article as it discusses the handling of the trade entered today. Remember to stay in your comfort zone. Staying in cash during periods of higher volatility is never a wrong strategy.
I will be increasing the number of trades being done in this portfolio in 2024 as more capital was available from the profits made in 2018, 2019, 2020, 2021, 2022 and 2023. For those with less capital or more risk adverse, they can easily restructure trades to meet their level of comfort and their available capital. Details are in the trade alert.
This Retiring Easy Portfolio Trade is for FullyInformed Members.
Retiring Easy Portfolio – Trade Alert for Mon Sep 9 2024
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. You always trade at your own risk. The Retiring Easy Portfolio is designed for entertainment purposes only and not financial advice or a recommendation. It is designed to study whether an investor could augment a pension through a handful of trades each month to live comfortably in retirement years. Remember there are risks involved in every trade. Trade only within your level of expertise and comfort zone. Read the full disclaimer.