Michael Pure ๐ฎ๐ฑ
@MichaelPure1
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Husband, Father, Survived trading in the S&P pit for 23 years, Hotelier, developer.
Joined December 2016
Selling premium is a brilliant strategy. Till it isn't. Then years of profits are lost in an instant.
Most traders are clueless. Theyโll tell you selling options is โtoo riskyโ or that you need a PhD in math. Bullshit. Selling options isnโt rocket science. โข Itโs predictable. โข Itโs calculated. โข And it can produce steady income. Meanwhile, most retail traders are
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My family and many others did this in the early 1900's. This is why Chicago is chock full of old 2 and three flats
My wife & I own a $800k house My parents own a $1 million house Sister owns a $1.2 million house Brother owns a $500k condo We could sell them all Pool our money together Buy one massive house Share the expenses And help each other Why arenโt more families doing this? ๐ค
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Buy the rumor, sell the news
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This is key. I do it analoge. Always keeping a pencil and paper within arms reach. I use @ScottAdamsSays reframe of "today I get/got to".......
Something everyone should do more of: Keep a note in your phone where you write down little interesting things that are happening in your life. i.e my uncle bought a new house. I took the kids camping. Some friends came to visit and we had a great time. My son was the
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The things that were done on the trading floor.
I traded with Kevin Duffy....he played on the 1967 Rose Bowl team (KD was his badge, was in the Eurodollar/Tbill spread) https://t.co/uPLc8WEMgm Somewhere he is watching this in Door County with his dogs. Funny story: When it was boring on the floor, we'd "shark" people or gum
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Said every guy selling pencils on Jaskson blvd.
@MichaelPure1 6+ years in and still waiting for that "till it isn't"
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Even the third richest man in the world makes errors: A billionaire was once forced to rename his superyacht after coming to the horrifying realization of what it spells out when placed in front of a mirror. Oracle co-founder Larry Ellison had just christened his new
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Because you are a fake account from Asia
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Plastics Benjamin. There's a great future in plastics. Think about it. Will you think about it?"
My wife & I are way too cash heavy Weโre sitting on about $120k in cash Which is roughly 2 years of expenses Weโre 36 years old with a young kid And our plan is to retire by 40 How should we invest our cash? ๐ค
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You are a Mensch @marcuslemonis. You were always friendly at the Bannockburn club back in the day. First guy I saw driving a Bentley.
Dear @ScottLoBaido , I will buy and pay for it. Tell me when and where and consider it done. I hope this reaches you.
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Unlike many other long guns the AR-15 is known for it's low recoil. That is why it is the most popular platform. Unfortunately you must have shouldered it poorly. Wishing you a speedy recovery.
Just got out of shoulder surgery after shooting an AR-15 only one time. The surgeon said the brute force of the recoil nearly blew my shoulder clean out of my body. Curse this terrifying weapon of war!
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I add Charlie and Jordan to my list. Thank-you for posting this @JoshuaLisec
โThere are three people whoโve changed this country in the last ten years: Trump, Musk, and Scott Adams.โ Thank you, @greggutfeld
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Many of us are sharing overwhelming grief at the loss of our glue @ScottAdamsSays. Grief tends to come like waves in an ocean. Each of us rides that wave differently. The first important step is to not bottle it up but to share. Avoid the urge to judge yourself or others.
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