Mr. Money Mind

#HMAX #hyld #coveredcall #passiveincome 

HMAX is designed for attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services stocks. To reduce volatility and augment dividend income, HMAX will employ an active covered call strategy.

A GOOD FIT FOR INVESTORS WHO WANT:

- Higher monthly income

- Blue-chip Canadian banks/financials exposure

- Tax efficient distributions

- Reduced volatility from options strategy

This is an interview with Tiffany, a momentum trader with experience in meme stocks trading. she shares her trading experience regarding:

- How to pick and trade meme stocks

- How short squeeze works and how it occurs 

- Tricks trading using momentum trading for quick gains

Analysis paralysis is an affliction people get when they overthink a problem or situation and can't decide.

8 steps:

1. Recognize it

2. Prioritize the decisions

3. Take a break

4. Ask someone for advice

5. Make quick decisions

6. Set a deadline

7. Understand your goals

8. Limit your information intake

Invesco QQQ is an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index™. The Index includes the 100 largest non-financial companies listed on the Nasdaq based on market cap.

The Invesco QQQ ETF, which tracks the Nasdaq-100 Index, ranks in the top 1% of large-cap growth-funds. Since its formation in 1999, QQQ has demonstrated a history of outperformance, consistently beating the S&P 500 Index.

Who should invest in it?

Any investor who has a long goals ranging from 5 to ten years.

#TheNasdaq, #Techbubble2021, #Stockmarketcrash 

The technology sector is not in a bubble, despite trading near record highs after last week's abrupt sell-off, according to the world's largest wealth manager.   

Valuation: Technology companies are trading at 27 times their expected future earnings. Dotcom bubble of 2000s, the forward price-to-earnings ratio for the Nasdaq was above 70.   

Earning and interest rate: Second, downward correction does not imply the start of a more protracted decline, especially given central banks keep interest rates at rock bottom. The crash: The bubble burst in early 2000, and the Nasdaq lost over 70% of its value between 2000 and late 2002.

Loaning is a lifeline of our economy and a credit history and score is a metric lenders use when deciding who to lend the money to.

1. Pay your bills on time.

2. Use less than 30% of your credit limit.

3. Keep your credit history longer

4. Minimize your credit inquiries/ checks.

5. Maintain your credit balance or available credit across all accounts.

6. Do not apply for too many credit cards or loans.