Week 10 - Mar 5 Summary

in bitcoin •  24 days ago

    Week 10 - Mar 5 Summary

    • Mar 5 Markets
    • Mar 4 Option Moves
    • Last 30 days of BUYS
    • 401K - Mar 5 update
    • NFT - Update
    • The value of POKEMON cards changes rapidly.

    Picture for Post:

    Mar 5 Markets:
    The US markets closed GREEN on Wednesday. This was a nice change from the RED we have been experiencing lately.

    Mar 4 Option Moves

    Here is my March 4 investment moves:

    Since mid-2024, I have been selling my "BORING and SAFE dividend" stocks based on the dividend received, and then I use that cash to fund my new purchase. This is one way I can do it without having to add new capital from my own pocket.

    For example:

    1. Sell One share of Visa for $354.
      1b. Buy 2 shares of QQQM.
    2. Sell 1 share of WFC for $71.
      2b. Buy 4 shares of BITO for more Bitcoin Exposure.

    Last 30 days of BUYS

    In this screen capture, you can better understand what I buy and how often.

    What you will not see of that I SOLD something before using that CASH to be moved into a different investment. Why I'm adding RISK to my portfolio now when MARKET appears to be going DOWN now? Isn't safe dividend stock the STUFF I should be HOLDING onto instead of SELLING?

    Downcycles are often short compared to the Upward GREEN cycles. I'm buying into these high risk now because I saying in 10 years, they will be worth MORE than what I paid for them today.

    Look at QQQM:

    • On Feb 11, I purchased 1 share of QQQM @ $217.20 a share.
    • On Mar 4, I purchased 2 shares of QQQM @ $201.80 a share.

    401K - Mar 5 update

    Here is an update on my 401K plan.

    • Value $143K (Down from 150K)
    • New Capital: $1595 added for 2025 so far.
    • YTD is -0.69%!

    NFT - Update

    So far NFT has gotten weaker since Jan 1, 2025. In general, my RENTAL were generating less profit that last month. I use the "rental fee" that I earned, and I convert that from USDC into BTC.

    The value of POKEMON cards changes rapidly.

    Pre-ordering from Amazon @ $90 for something only worth $50 is going to be HARD to explain.

    This is exactly what happened a few weeks ago and with the Allocation from the Distributor even lower, many think the DEMAND will exceed SUPPLY and the prices will be much higher.

    Without a screen capture, it is hard to understand what is happening. The price on the open market is moved from $50 to over $89. Using Amazon or TCGplayer website, you can pre-order using MARKET prices and not MSRP pricing.

    Today, you can pre-order using the market price of $109 on Amazon or $90 on TCGplayer. Most people are doing this because they believe the price will spike up to around $110-$130.

    If you are a long-time holder, you only need to hold for 3-5 years for most items/products. You can sell at a nice PROFIT and turn around and buy more items at the current market prices.

    I hope you like getting updates across all areas of my life.

    • 401K Plan. Down 7K. Added 1.5K new capital. YTD: -0.6%
    • Selling Boring Dividends stocks and buying more BITO / QQQM and other holdings.
    • NFT earnings are dropping, but I still using that to buy BTC once a month.
    • Pokemon Assets are Jumping, still buying and holding more SEAL products.

    Have a profitable day!

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