Blog

7 Investing Lessons I wish I would have learned in my 20s

Experience is great teacher. In my 20 plus years of investing I’ve learned many lessons, some more painful than others. Although I don’t have any regrets from my earlier experiences, the lessons I learned below would have significantly improved my investment performance if consistently followed (as I do now). Although, on the surface, some of these rules appear easy to...

Current Positions and Investment Performance – 2018

Outlined below are my current positions in addition to those that have already closed. Note that these positions are sorted by largest to smallest and some smaller positions have been excluded from the summary until they become potentially more significant in size. Full list of positions and respective unrealized gain/loss reports 2017 Gain/Loss on Portfolio = 23% 2018 Gain/Loss...

What Will I Be Watching Tomorrow?? $DIS, $CRSP and $ONTX

The weekend can be difficult for a trader and/investor. Markets are closed and we can't enjoy any action. That really should be an opportunity for us to spend the necessary amount of time to do some important research on new ideas and potential trades. Here's what I'll be watching tomorrow morning. Old Favorites - $CRSP and $DIS Of course I'll be...

Trading and Investment Updates – 2017

Update 07/06/2018 - All current and closed positions for 2018 and beyond will be tracked in this post going forward. I've been giving a lot of thought to how I should be tracking my investments and trading history. I've realized now, although I'm relatively please with my performance to date, I have not properly documented my trades or investing ideas....

Cryptocurrency Trading and Investing Updates – 2017

Over the last few years Bitcoin and other crypto currencies have become more and more popular. The recent rise in crypto prices has attracted the attention of a lot of amateur and seasoned investors. As a trader and investor myself I decided to spend some time to learn about crypto currency trading and investing. My journey will be outlined...

Why Did $DIS Drop After Hours?

The stock that can't seem to ever get out of it's way is down after hours on news that it's pulling it's content off of the Netflix service , launching a streaming service for it's TV and movies, ESPN and sports entertainment. Disney was down more than 3% in after hours trading. $DIS also reported earnings and announced the purchase...

Making $280,000 a Year and Spending a Month at the Lake – Want this Life?

What do most people strive for? Money, fame, success, personal enlightenment? Probably a combination of everything really. But in most cases people want the freedom to do what they want in life. In my opinion this freedom is best enjoyed when you’ve worked hard to obtain such a lifestyle. I’m writing this blog post sitting on the dock of our...

July 2016 Income Report – $19,189

Here we go, the first 51rules.com income report to be posted on the site. I've thought long and hard whether or not to post my monthly earning reports, but as outlined earlier I'm hoping the process will provide for some additional clarity on my progress and hopefully help others that are in the same position or on their way...

Let’s Make Some Big Cash on $DLHC Tomorrow and a recap of $LRAD

Running through some screens tonight and I stumbled across $DLHC, a holding company that provides healthcare delivery services. The stock has been in a nice uptrend lately both on the daily and monthly chart as outlined below: With some decent fundamentals and a recent pullback to $5.00 from the 52 week high of $5.72 this could move back up...

New Trades for Next Week?

I find it difficult sometimes to stick to one style of trading or trading strategy. I often bounce between stock and option plays depending on what opportunities present themselves at the time. Overall I think that being malleable in trading is not necessarily a bad thing, but it's easy to get scattered attempting different strategies. One strategy that's worked well...