Well, last year is officially over and my portfolio had a pretty decent return on the year.
I was able to beat the market by roughly 4x on an already great year for index funds had I just invested in those as people suggest to do.
This year I made what I thought to be impossible, possible with trading options and making it my full time job post military service.
I started trading in March and that was wha tmy return was, so not even a full year and I was able to produce such a return.
I look at it in terms of years, if the average is 10% year over year, I just potentially gained 5 years early into retirement. and If I keep doing that I will be able to completely retire much sooner than later with the goal being in my late 40s to early 50s of work being almost absolute and just traveling not stressing about the market.
People can argue that the stock market and trading is not a job, but it is in my optinion the amount of stress it can put on you becomes impactful throughout daily life.
As I noticed times in big draw downs of 10s of thousands that it would affect me, but staying faithful to the plan is what got me through those tough times of doubt and uncertainty about what exactly the future might hold.
And that is something that I think is an important thing to learn about yourself is what are you going to do when times become rough, and how will you let it impact your way of thinking or motives behind what you do next.
Often during these times, I felt I discovered a new portion of my being and existence in the struggle we all face. THe struggle of uncertainty and anxiety of life that ultimately we can not single handly control all aspects of.
If you were able to, you would be considered some sort of eternal existence.
This year I plan on looking very closely into the companies I choose to invest in.
Are they undervalued, what is their P/E ratio, what is the consensus surronding it, what is the social arbitrage that could be effected by it.
Stick to those and watching closely the VIX allocation levels.
What I mean by the VIX is when it is low to be more cautious as to how much money I have invested, and when there are VIX spikes upwards into the high 20s and even 30s to capatalize on these movements of the market bleeding, but taking advantage of the panic that is set in and people just quickly exit.
My goal is to hit minimum 35% TOTAL growth and the year to maintain outpreforming the market by at least 2x.
Overall, much is not changing, but the lessons I learned along the way over the past 10 months of actively trading in the market.
I am hoping for a great year, just like everyone else, and I will continue to discover and learn more about how to be a better investor, through patience, and discipline.
In this game, it is just who is the last one standing, and who is willing to do what it takes.
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As always.
Jesus is the way.
And.
Trade smart.