Thread: Side Hustle
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Old 01-01-2022 | 01:55 PM
  #910  
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Happy New Year fellow Side Hustlers!!

There was a lot of discussion this time last year on options trading strategies. I gave up by April. How did the rest of you fare in 2021?

Options
Overall options were profitable thanks to a few well timed TSLA covered calls. My S&P Iron condors were money losers due to strong gains in April. I got frustrated with position management and stopped trading except for a few more covered calls. I'm planning to venture back in with a few trades in my fun money account.

Stocks
The low margin rates at IBKR lured me into dividend stocks like XOM, T, IBM, and a few others. I've eliminated the margin to keep it available as a low interest line of credit for the first half of 2022.

Real Estate
Sold a few properties, failed at my first 1031, executed a partial 1031, Bought a NNN property and made a few passive investments in syndications.


Real estate remains the Side Hustle of choice for 2022. This year's focus will be a development project using land purchased in 2020 at the beginning of the pandemic. It isn't nearly as exciting as stocks, options or running an active business, so I think I'll take up mountain biking for entertainment.
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