Recent content by atfourty

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    Credit Spread Assignment - Help!

    Man!, if the s&P 500 opens at zero, we have way more issues than my losing 20K.
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    Credit Spread Assignment - Help!

    But, wouldn't you worry about monday open?
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    Credit Spread Assignment - Help!

    Thank you for all the replies, i understand now. LESSON LEARNED : The only way to guarantee NO-Assignment is to close out the position before expiration.
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    Credit Spread Assignment - Help!

    Hi, Sorry, but, i didn't know who else to ask this ( my brokerage, tradeking, is closed on weekends for customer support), would really appreciate your input. On friday, while SPY was trading at 204.32, i did a bull put credit spread. To wit, Sold a SPY 204 put and bought a SPY 203 put. At...
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    10 Year Plan - Realistic ?

    Guys, First of all thanks for all the reply; But, i have a few follow up questions, someone pointed out why invest in company stock as it is only expected to appreciate by 3%, but i am expecting to get about 10% yield from it. Also, would it be wise to pay off the house or start looking...
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    10 Year Plan - Realistic ?

    I meant 6% nominal ( not accounting for inflation), i am hesitant to load everthing into equities as markets are at all time high,might re-visit after a significant pullback.; Yes 155K salary is fairly stable, not really counting on raises, though
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    10 Year Plan - Realistic ?

    Hi, Here is my current situation : Age 33, DW 30. Current Assets : Cash : 120K Investments (Retirement + Non-Retirement) : 340K Home Value : 220K Company Stock : 200K Current Debt : 155K; ( Remaining Home mortgage) Current Income (Combined) = 155K (Gross) 10 year plan : ASSETS Cash ...
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    Selling Stocks to Pay off Home Earlier ?

    Hi ( i am the OP), If i don't pay off the house, what would you guys recommend i do with the cash ? As a reminder, i have 95K in cash - i need about 25K for 6-month emergency fund; So essentially what am i to do with 60K ( i am a really hesitant to apply that in the stock...
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    Selling Stocks to Pay off Home Earlier ?

    Could you please explain this further ? I am not sure if i follow it completly.
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    Selling Stocks to Pay off Home Earlier ?

    i have 4%, 30 year fixed rate. Also, i am not sure what to with the 90 K in cash, if i don't apply it towards the mortgage. i am in 28% tax bracket
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    Selling Stocks to Pay off Home Earlier ?

    Hi, With Stock Market at all time highs, i have been thinking about selling some of my mutual funds/stocks to pay off the house early. I would sell only mutual funds/shares for which i would incur long-term capital gains tax. I owe about 158K in the home. I need to raise about 80K from the...
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    Selling Cash-Covered Puts

    Hi All, I was wondering if any of you sells cash-secured puts for income. I have been doing it for about 6 months or so with pretty good success. Currently i have about 20K tied up to support the puts in various stocks.
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    Milestone Achieved - 600K Networth

    Guys, Given my current status, can y'all comment on whether i can retire at 40?
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    Milestone Achieved - 600K Networth

    Guys, Today I crossed a significant (I think ?) milestone : NetWorth over 600K. Here is our situation: My age 32,My wife's 29. Home Equity(Primary Home + Rental Property):183K Business Partner shares value : 100K Non-Retirement Investments + Cash = 145K Retirement Investments=175K...
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    How are we Doing ?

    Thanks for the respose. I was curious what your personal financial situation is ( since you are around the same age). I like your plan to ER at 46.
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