I currently live in a very high cost of living area so $4k is a good amount of money but not as much as in 95% of the world and if I play poker 35 hours a month, I think I can achieve this consistently.
To add on Number 3. I started in March 2024 with $15k in Money Market Funds to use as collateral and during these 7 months, I earned more than $4k selling PUTs and buying one call (+26% Performance).
I got lucky so far and I understand a big market crash could wipe a lot of the performance Year To date but I do have risk controls in place.
You must be an amazing poker player... are you? :)
I like to think of myself that way! Probably just a good recreational player. I do have a job to pay for my bills though :).
You just casually said "play poker and earn $4k/month" :)
I currently live in a very high cost of living area so $4k is a good amount of money but not as much as in 95% of the world and if I play poker 35 hours a month, I think I can achieve this consistently.
Thats Sounds like a good plan .!!
Work the plan! Tweak the plan as needed. 😜
Indeed! Then I 20x my money yearly and I become the richest man in under 2 decades!
To add on Number 3. I started in March 2024 with $15k in Money Market Funds to use as collateral and during these 7 months, I earned more than $4k selling PUTs and buying one call (+26% Performance).
I got lucky so far and I understand a big market crash could wipe a lot of the performance Year To date but I do have risk controls in place.
I like the option play to hedge and reduce the risk.