Building Wealth For Financial Independence and Retire Early
This sees a new dividend stock added to the portfolio.Qualitas Real Estate is an income fund that give exposure to loans secured by Australian real estate.And just like Metrics it’s in the private credit sector. Also added a little more MOT. Dividends received Mar 2024 MOT $405.32 PL8 $425.80 Tot $831 Total dividends for 2024 … Read more
Forex May was another good month for my style of currency trading.Volatility of the right kind creates opportunities as central banks try to adjust their policies to deal with fast growing inflation.While not as busy as April 22 I still managed to clock another good month at $8292.Good times. Below is a chart of trading … Read more
Forex Another busy month in the currency markets. Volatility creates opportunities but also big swings with the current rate adjustments by the central banks.Fortunately I once again managed to make some profits navigating some big swings which reminds of those ships in huge waves videos you see on youtube.With a few nights with little sleep, … Read more
Forex March was a busy month trading forex. Volatility created opportunities but also big swings in NAV.Fortunately I managed to make some profits after a big swing against my first few trades. Forex is high risk and the possibility of crazy markets that cause huge if not total account losses is always there. Gains for … Read more
Forex February was another quiet month for forex trading. I traded smaller than usual as the world of finance seems a little more volatile.Forex is high risk and the possibility of crazy markets is always there. Gains for Feb 22 was $2227 and will contribute to the Passive Income Portfolio. 2227 Options No options trading … Read more
Forex January is generally not a high earning month for trading, some opportunities did present themselves and some gains were made. Lots of world markets turmoil makes me risk adverse and consequently trade smaller even though it reduces profits.Forex is high risk and the possibility of crazy markets is always there. Gains for Jan 22 … Read more
Forex December 2021 was a very quiet period for my Forex trading with not much happening other than some small trades and profits. Total Income from Forex trading for December 21 over three accounts was $1716. Options No options trading for December as the conditions for my setups were not met.It may be weeks or … Read more
Forex Another good month for my trading during November.I trade three accounts with three slightly different strategies and risk levels.This is also a form of protection in case there’s unforseen problems with one of the brokers.They’re all regulated by ASIC and are required by law to segregate traders funds, but who knows what may happen … Read more
Forex October was a good month for my trading.I trade three accounts with three slightly different strategies and risk levels.And they are with three different brokers. Forex brokers are not all the same and often quote slightly different prices for a short amount of time in fast moving markets. Total gains for Oct over the … Read more
Earning an income is the first step to achieving financial freedom, so having a side hussle or a few can accelerate the process and reduce the time needed to achieve the goal of earning enough passive income to retire and be happy. Or just pursue your hobbies and passions without being to worried about how … Read more