I am new to the feed. I like the strategy, looks great. Now instead of building up a portfolio of 4 stocks and waiting 7-8 years to start options, would it not be more profitable to build up a portfolio on only 2 stocks and the cash position, do the option trades and invest the faster (I think) profits to buy the other 2 stocks ? Then do options on all 4.
Good thinking! You're absolutely right - concentrating on 2 positions gets you to 100 shares way faster.
But there's a trade-off - you're taking concentration risk when your portfolio is most vulnerable. If JNJ gets hit with a lawsuit or KO faces some health scare you feel it hard with no diversification. The most vulnerable phase is when portfolio is still small.
The compromise could be focusing on 3 positions instead of 4 - JNJ, KO, and O for example. Skipping MAIN initially. This gets you to options faster while keeping some sector spread - healthcare, consumer & real estate.
Your instinct about acceleration is 100% right, but I wouldn't sacrifice risk management for speed
Everything you see is heavily customized. I use thinkorswim with RTD to automatically feed live data into Excel. The traffic light system, the risk classifications, the layouts - all customized to reflect my decision-making process and make the educational narrative as clear as possible, since many people are new to this
PFE's in an interesting spot right now. To me it looks like a classic value trap setup. Cheap for a reason but the reasons might be overblown. Pfizer doesn't expect major vaccine policy changes in 2025, and Trump tried similar drug pricing moves before—courts blocked them. I'd consider it a small position in the Value bucket but not a core holding. The dividend looks safe and any regulatory resolution could provide nice upside.
But I'd position size accordingly because this isn't JNJ-level stability
I am new to the feed. I like the strategy, looks great. Now instead of building up a portfolio of 4 stocks and waiting 7-8 years to start options, would it not be more profitable to build up a portfolio on only 2 stocks and the cash position, do the option trades and invest the faster (I think) profits to buy the other 2 stocks ? Then do options on all 4.
Good thinking! You're absolutely right - concentrating on 2 positions gets you to 100 shares way faster.
But there's a trade-off - you're taking concentration risk when your portfolio is most vulnerable. If JNJ gets hit with a lawsuit or KO faces some health scare you feel it hard with no diversification. The most vulnerable phase is when portfolio is still small.
The compromise could be focusing on 3 positions instead of 4 - JNJ, KO, and O for example. Skipping MAIN initially. This gets you to options faster while keeping some sector spread - healthcare, consumer & real estate.
Your instinct about acceleration is 100% right, but I wouldn't sacrifice risk management for speed
Thanks. Looks good. What do you use for tracking ? Your charts look like personalized xsl.
Everything you see is heavily customized. I use thinkorswim with RTD to automatically feed live data into Excel. The traffic light system, the risk classifications, the layouts - all customized to reflect my decision-making process and make the educational narrative as clear as possible, since many people are new to this
What do you think about PFE at the moment?
PFE's in an interesting spot right now. To me it looks like a classic value trap setup. Cheap for a reason but the reasons might be overblown. Pfizer doesn't expect major vaccine policy changes in 2025, and Trump tried similar drug pricing moves before—courts blocked them. I'd consider it a small position in the Value bucket but not a core holding. The dividend looks safe and any regulatory resolution could provide nice upside.
But I'd position size accordingly because this isn't JNJ-level stability