Buying a few shares of INIO this morning for the long term.

Buy 6 Shares of INIO Limit at $23.55 (Good 'til Canceled) Filled at $23.55
Buy 3 Shares of INIO Limit at $23.62 (Good 'til Canceled) Filled at $23.62

And then
Buy 12 Shares of RR Limit at $1.33 (Good 'til Canceled) Filled at $1.33
Buy 6 Shares of RR Limit at $1.34 (Good 'til Canceled) Filled at $1.34

And finally, adding a little bit to my utility trust currently paying 9.38% div monthly. Been pretty consistent.
Buy 3 Shares of GUT Limit at $6.32 (Good 'til Canceled) Filled at $6.29

Anyone here use SPY LEAPs to add a bit of leverage to their portfolio? Any book/article recommendations for this? Is there a free program to back test these strategies and add market volatility?

I've been looking to add a little leverage to my account, maybe 110-120% exposure to equities. As many of you probably know, just another 1-2% is massive when it comes to compounding interest over a couple of decades. I've been running a test portfolio with this strategy feel it's a good option to achieve my goals. Adding higher beta tech/NASDAQ/QQQ makes sense, but why not just leverage SPY and avoid too much sector risk.

85 delta SPY LEAPs 2 years out and plan to roll after 1 year and lock in potential long term capital gains

So we are splitting our normal day to day discussion into 2 threads now because Chupacabra said so? Or was this just a good luck bump of the thread hoping we have a rally similar to the one we had after posts on the previous page?

flashplayer said:

---

So we are splitting our normal day to day discussion into 2 threads now because Chupacabra said so? Or was this just a good luck bump of the thread hoping we have a rally similar to the one we had after posts on the previous page?

---

Post wherever you want.

There's a daily post on the stock market thread about how it is a trading or technical trading thread.

I plan to hold (and add) SOFI for awhile...a lot longer than a 'trade'. Although...you could have made good money on it in a trade in a few hours today if you had the know how...which I don't. (I wish I had bought 10k shares at 14.94 this morning, instead of just 100).

My last post in the thread on NLR...still buying, still holding...I suspect you could have traded that a thousand times since last June and made (or lost money) on it.

Happy investing! (trading is the other thread!)

Anyone got an idea a good entry proce for QQQ, for a long time hold?

Sold a bunch of funds today;
CLM
JFR

Also sold a few share of HAFN, one of my shipping stocks.

Building up enough cash to pay off my Fidelity Credit Card. I got the deal where it was 0% interest on purchases for 18 months, so I have maxed out the limit of around $21000, but will need to pay it all off in SEP when the promo rate ends. It also pays 2% cash back, so making out nicely.

Why GUT instead of XLU if you want utilities?
XLU has a much better total return over the last five years and much lower fees. Also look at the NAV, GUT is actually pretty expensive.