I'm sure many here are familiar with put writing income strategy. Especially from option hawkersters on youtube. I've been reversing the strategy using call writing. So far so good.
the only issue is I hear snow socks tear off quickly as they are made of textile, making them kinda disposable but costing $100. What's your experience
Actually, I live in dear old Devon where it hardly ever snows. But wouldn't snow tyres be a better answer?
Cost of snow tires is negligible in comparison if you get good ones. I have Pirelli snow tires on my RWD and the cost of storing w/ the mechanic is $120/year. They also last between 4-5 seasons as opposed to 2 or so for all season tires.
%% Great post, especially about trying to catch a falling knife/falling safe, both of which are not safe, not safe @ all.LOL A good variation on that- no need to sell paid for RE, especially if you have a huge amount of price data for your area. Real Estate is much, much, much, much , more, local than stock market.I lived in a travel trailer while building a home , for about 95% +/cash, slow build. Another variation on that, but i would not do it with single stocks , like Carl Ichan does. In Bear of 2008, he did not want to sell anything much, so rather than ''gate''his hedge fund, like most did; he pulled the funds out of another fund + let his investors get out, if they wanted to.Another thing i like about Carl Ichan, not just his well above average %% gain; when he announces a stock buy= it tends to be real, real early in the trend. He did cut a loss on bear market stock CHK......................................................................................................................
I agree with not selling paid for RE. Doesn't make sense unless you're in an inflated area. Some major cities are seeing price declines now. > I lived in a travel trailer while building a home , for about 95% +/cash, slow build. You can't say this without uploading pictures of your home. It's against the rules of the Internet