Another work week has been completed. The stock market keeps marching higher and higher as the days go by. As of June 27, 2014, S&P 500 is up 6.08% YTD and the TSX Composite Index in Toronto is up 10.81% YTD.
Are we due for a stock market correction in the near future? It will actually be quite nice especially when I am looking to buy more equity positions at the moment.
A few of my fellow bloggers, had some great post during the past week that are worth reading.
Dividend Mantra recently published a post on Frugal Fitness. In this post, Dividend Mantra spells out his weekly fitness routine that he does since making the journey home to Michigan from Florida. This article point what any person can do on a tight budget to get some exercise to make yourself feel better and healthy.
Liquid Independence over at freedomthirtyfiveblog.com recently published a post titled Options Trading Successful. The stock in question is Teck Resources Class B stock listed on the TSX in Toronto, Canada. Liquid Independence sold a naked put with a strike price of $23.00 and expiration date of June 21, 2014. I recently sold my first naked put, which was in Rogers Communications Class B stock and it was assigned.
Kraig, over at createmyindependence.com, published a video podcast on reasons to ditch your job and start a business. When running a business it gives you more choices what to do with your time on a daily basis.
Dividend Stock Fish (DSF) recently posted about the Amazing History of Oil. As oil is important for every life, it is also a great dividend payer from the companies that are involved in sections of the oil industry. There is also a video by DSF in this post in which he discusses the oil industry.
EDIT: when you sell a put and have to purchase the 100 shares, it means the option was assigned.
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