FIRE SAMURAI

I started to take notice of Palantir after reading about it on some private investing forums. After doing some research and background study on the company and its founders (Peter Thiel, Alex Karp) , understanding its unique moats (big data analytics technology and US government connections) and realize it's future growth potential, I decided to invest in Palantir when the Stock was around the $10-$20 range a few months ago. That was before news got out that ARK Invest Fund started to invest in Palantir. Palantir entry into the stock market was rather muted since they went for direct listing instead of the usual IPO route. Back then it was called Silicon's most secret unicorn for a reason and even it's listing in the stock exchange was considered quite secretive. However all that changed when ARK Invest came in and more people knew about Palantir. The stock price of  Palantir went up significantly after that.  Holding as of 27th Jan 2021 (source:  link ) Peter Thiel who ...

  In my previous article on Financial Freedom Blueprint , I wrote that using this Blueprint can be a powerful tool to help kickstart your action plans to achieve your financial goals. I also shared a Google Sheet template which I created to act like a template. You can get the Google Sheet template for the blueprint here: GOOGLE SHEET - FINANCIAL FREEDOM BLUEPRINT COPY Using this template can be difficult for some people as I created it based on my own understanding and I wanted to simplify the Blueprint creation through semi-automation. Most of the fields are quite straight forward and easy to fill, but some may will require more explanation from me. Anyway I will try to explain as much as I can. Feel free to copy this google sheet into your own Google Drive account and make any modifications that you may like. I will have a few sheets. You will only need to make changes to one sheet that is BLUEPRINT PLANNING . The other sheets we do not need to touch. I will have 7 rows. Each No...

  Just last weekend I was invited to join a free webinar organized by Sean Seah about creating a Financial Freedom Blueprint. Sean Seah is well-known as Value Investing Guru from Singapore and I was a student of his when I joined his Value Investing Course back in 2015. He also generated quite a buzz on YouTube when he was doing the ONE PUNCH MAN workout and even appeared on Men's Health magazine after transforming his body (you can check out the article here ). You can find his recorded webinar on Financial Freedom Blueprint here . His Financial Freedom Blueprint looks more like a combination of Vision Board and Action Plan all rolled into one. Let's say you have a Goal  - To achieve financial freedom and create multiple streams of income. Under this Goal, you can have sub-goals or individual projects : -Make $100K in Stock Market -Generate $10K per month through Course Creation - Generate $10K income per month through Property Rental Income. For Each of these projects , yo...

I posted an article about collecting premiums using the  Sell Put Spread Strategy on SPY . Click here  to learn more about that strategy. The Strategy will require me to create 2 separate orders after the entering the trade. The first Order is a Stop Limit Order to take profit  (75%) and another order to Cut Loss (-150%). Profit Target : 75% Stop Loss : -150% One way to place the 2 orders above is to create an Advanced Order called OCO (One-Cancels-the-Other Order). So if any one of the 2 Orders gets triggered, it will Cancel the other Order. Here is a guide how to create an OCO order in ThinkOrSwim for the above Put Spread Strategy : After your order is filled, go ahead and create a normal Closing Order for your vertical spread You will see a Close Limit Order such as this. Click on Advanced Order Choose OCO With OCO picked, Right click on the first Stop Limit order → Create duplicate order .  You will see the second Order here (a duplicate of the first order) ...

  I was introduced into the world of Options Trading when I joined a Value Investing Course by a stock investing guru named  Sean Seah . One was the strategies I learned from this course is called VIOS (Value Investing Option Strategy). This strategy aims to consistently make money by selling naked put options to collect premiums on fundamentally good stocks with minimal risk (worst case scenario you are forced to buy that stock if your option is exercised). Anyway I won't be talking too much about the Fundamentals of Options as you can find many free videos of these on YouTube and paid courses on Udemy. I have been selling mostly naked put options to collect premium for 4 years using the ThinkOrSwim platform and I was collecting good premiums making some small profit. One strategy I used was to keep rolling my option if it went In-The-Money (ITM) on expiration day . However I discovered that  there is a huge risk involved with this Naked Selling Option Strategy even when...