Thread: Side Hustle
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Old 12-14-2020 | 02:45 AM
  #275  
mispoken
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The investing part is what has really propelled my wealth. Long term, buy, hold and never sell. Winners you hold are what really gives your PF a leg up. Losers wither up and die and become an insignificant part of your PF. Ignore metrics like p/e, p/s, EPS and look more at the business you’re investing in. Companies like AMZN, TSLA, NFLX etc get missed when these screens bias them out. Those are the true gems.

As for options, that’s been generating income (albeit not consistently month to month). It’s been used to pay bills, pay down debt and save. I’ve definitely fallen into the category of closing out a position and opening a new position with the spoils of the previous one vs sweeping profits into savings and to pay taxes (which suck when you’re doing this, tough check to write quarterly). But, these are good problems to have.
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