NYE Reflection on 2019 and ahead in 2020

Hello everyone! I want to take a moment to say Happy New Year to you all and reflect on what has happened in 2019 and what's gonna happen in 2020.

So first of all, it has been a very slow year. I have not done nearly as much as I wanted to. There were some toxic things and people in my life, but those are gonna get removed. I hope to bring a lot more research, a lot more progress in 2020.

Looking at the year ahead, one thing I want to point to is an updated website. I actually updated this back in September. I realized that I'm not the greatest v-log, so instead, what I'll be doing is posting more research on the website. If you haven't checked the website, please check it out and check it from time to time.

The second thing I hope to knock out is this second book called "The Ponzi Factor Slicers." It's gonna slice through the common myths. Initially, the thought was that it's very similar to the Ponzi factor debating firing us junkies, the log I did exactly a year ago actually. But then I thought about it and said, you know, let me make it a little more entertaining.

I've always had this fantasy of where me, Warren Buffett, the Google boy, and Elon Musk are gonna be sitting at a table, and I'm gonna just simply question them about how do they feel about the fact that they never paid their shareholders. Well, needless to say, that's not gonna happen anytime soon, and even if I was a mega celebrity, I would have a hard time sitting at a table with all those people.

So I decided to make "The Ponzi Factor Slicer" part fiction and part nonfiction. The nonfiction part is going to be, of course, the finance information, finance data. The fiction part is me kidnapping Warren Buffett, Elon Musk, Google boys, maybe even Facebook boy too, and making it also into an entertaining story. So that's coming this year, so be on the lookout for that.

Lastly, I will also offer some trading, investing, and gambling advice from time to time. One thing that keeps coming up, which I wasn't really expecting at all with the book, is readers writing me afterwards and asking me for investment advice, which are questions I shun from because it was certainly not a part of the plan. Certainly not why I wrote "The Ponzi Factor," but it's a question that keeps coming up. I do know some tricks I've picked up along the way, and I'm happy to share what I know.

One of those tricks is called a cash secured put. I'll just share with you right now, and here's how it works. If you want to buy a non-Ponzi asset like IBM that's trading at one hundred and thirty-four dollars, don't buy it for one hundred thirty-four dollars. Sell a put option at one hundred and thirty-three dollars for eighty-six cents a share that expires about a week from now.

So two things are gonna happen. One, if the price goes up and never drops to one thirty-three by next week, you'll keep the eighty-six cents a share, so you'll just keep the premium. If the price drops below one thirty-three or to one thirty-three, you'll keep the premium of eighty-six cents a share, of course. But you also need to get the stock at one hundred thirty-three dollars a share, but you will be getting the stock at one hundred thirty-three rather than one hundred thirty-four.

I'm not gonna go into the details of this; you can research it yourself. It's called a cash secured put. So it is advantageous in terms of, hey, you wanted it at one hundred thirty-four; you don't have to get it at one hundred thirty-four. You can either sell an option, get the premiums, or so often get premiums and get it at one hundred thirty-three.

But I will also add that you will need some capital to do this. You will have to actually be able to afford one hundred shares of IBM. I'm also gonna try to publish a comprehensive database on non-Ponzi assets and high yielding dividend stocks that also do legitimate buybacks. Companies that basically pay dividends and buy back stocks without printing more.

So that's the year ahead. You know, sometimes we have these goals and we imagine how things happen, but they don't always happen the way that we imagined. I mean, it turns out that the road's a little longer, the road's a little rougher, the hill is a little steeper. But you know what? You just gotta keep going, right? You just gotta keep going.

Look, I'm not going anywhere. I apologize for a slow year, and like I said before, I will be ruthless how we were lent less, and I will finish with my shield or on it. Thank you all for the support, and hope you all have a great new year and a prosperous 2020 as well. Bye!