Tag: how to make money work harder for me

My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

by Jason Cai

One of the biggest fears that salaried workers have is losing our jobs, especially if we are the sole breadwinners where the families only relied on only one source of income. It will be a 100% loss of income as compared to lower percentage loss in families where both spouses are working. In this article, … Continue reading My Safety Net If I Lose My Job | Sharing My 3 Sources Of Incomes Without Holding A Second Job

Chicken Genius Is Right About Bitcoin, Coinbase And Rivian

by Jason Cai

Chicken Genius Singapore aka Ken Teng first shared in his comeback video on YouTube 4 months ago (30 Aug 2023) that he was bullish on crypto. He further shared on his X (Twitter) account in October that Rivian is at his buy price (5 Oct 23) and in another post, that it would outperform Tesla … Continue reading Chicken Genius Is Right About Bitcoin, Coinbase And Rivian

Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

by Jason Cai

For Oct and Nov 23, the US stock market (using the S&P500 as a reference) went through some downs and ups. I managed to generate S$2,858 and S$2,549 respectively for Oct and Nov. In this post, I would like to share my trades for reference. This is a summary of the trades for Oct 2023: … Continue reading Trading Review For Oct (+2.8k) & Nov 23 (+2.55K)

[13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

by Jason Cai

I sold a PUT contract on Hersey Co (ticket symbol: HSY) on 13 Oct 23 because I think this company has taken a hit since its all-time high of USD276.88 in March this year, due to negative news (potential competition from Mr Beast's Feastables and thus leading to loss of market share) and easing fears … Continue reading [13 Oct Trade] Sold PUT on Hersey (HSY), S.P. $220, Expiry 17 May 24

-$28,162.33 Trading Losses (Sept 23)

by Jason Cai

Sep 23 was the third month this year as well as the whole of my 3 years of trading journey that I did not have any positive cash flow coming in. I also incurred the largest (5 digits) loss for this year (2023) after losing $5.2k and $4.8k earlier this year in Feb and March … Continue reading -$28,162.33 Trading Losses (Sept 23)

Options Trading For Passive Income: Truth Or Myth?

by Jason Cai

Many people dream of having a passive income or a sideline income that can sustain their lifestyle so they can retire early. Options trading may come to mind as the plan to provide that steady stream of income every month. However, how true is that? And how feasible is it to sustain an income that … Continue reading Options Trading For Passive Income: Truth Or Myth?

Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

by Jason Cai

You may have heard of the recent news that Michael Burry, the “Big Short” investor who became very famous for his correct prediction of the epic collapse of the housing market in 2008, has bet more than $1.6 billion ($866 million in PUT options on S&P 500 and $739 million in PUT options on Nasdaq … Continue reading Is A Huge Stock Market Crash Coming? What You Must Know Before Shorting The Market?

S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

by Jason Cai

I find this article from Mothership very inspiring. It is about a young lady who realized her dream of becoming a homeowner before the age of 24. Her goal to own a condo started when she was only 21 and just graduated from Polytechnic. In order to fulfill her dreams, she took on multiple part-time … Continue reading S’pore Woman, 23, Buys Serangoon Condo With Money Earned From Business & Part-Time Jobs

Trading Review For June & July 23

by Jason Cai

In my previous post, I shared that the Tesla Bear PUT spread options that I bought at the start of the year expired worthless in the months of June and July and as a result, the loss amounted to almost S$14,000. In this post, I want to share my overall profit and loss for the … Continue reading Trading Review For June & July 23