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7 Things You Should Never Do If You Want To Save Money car insurance investing ynab Mar 13, 2025

If You Want To Stay Broke, Keep Doing What You're Doing

🖥️ Reading time: 4 minutes

 

But if you’re serious about saving money, you don’t need a drastic lifestyle overhaul. Small, consistent habits add up.

I always talk about how you can start investing with just $24 a week. But did you know that...

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Do I Pay Taxes When I Sell Covered Calls? capital gains cash secured put cost basis covered call options trading passive income taxes Mar 12, 2025

🖥️ Reading time: 2 minutes

 

🛑 Short answer: YES.

If you’re selling options in a taxable brokerage account, you’ll owe capital gains taxes on your profits.

 

When Are Options Taxed?

📈 You owe taxes when you realize capital gains, such as:
✅ An option expires worthless, and you keep the full pr...

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What is Cost Basis? capital gains cost basis fifo options trading taxes Mar 12, 2025

🖥️ Reading time: 2 minutes

 

Why is it Important?

🧐 Ever heard of cost basis but not sure what it means? Do you even need to care as an investor or options trader?

Simple Answer:

💰 Cost basis is the original price you paid for an investment.
📊 It’s important when selling stocks or options becau...

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When is the best time to buy an ETF? dollar cost averaging etf investing stock market Feb 24, 2025

🖥️ Reading time: 2 minutes 

 

❓On a Monday?

❓At 9:30 AM when the market opens?

❓After a stock dips to a certain level?

 

🤷 Who knows! And that’s the beautiful thing.

🌤️ When it comes to long-term investing, timing the market can feel like trying to predict the weather.

 

Common Theories Abo...

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