Stock Savvy Dad

In our previous post, we covered what options trading is and how it works. If you haven’t read it yet, I recommend doing so before diving into this article.  You can read it here. Today, we’re going to explore some of the pros and cons of trading options and go into why I believe having a grasp of long-term investing fundamentals is crucial before venturing into options trading.   Pros of Options Trading Leverage:  Options provide investors the ability to…

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Time Lost, Money Missed: Why Investing Early Matters Even as a child, I’ve always been intrigued by the stock market and investing. I vividly recall playing the virtual stock market in college, crushing it, and thinking, “Damn, I need to invest real money.” However, fear held me back. I felt like I needed more money to start and lacked guidance on where to begin. I remember a moment around 2005-2006, during college, when I suggested to my mother that she…

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What’s up, Stocksavvy family? Here at Stocksavvydad.com, we’re diving into all things finance, including credit cards and rewards. As a credit card rewards enthusiast for the past eight years, I’m excited to share my personal top five consumer credit cards. Think of it as my starting five lineup. Now, before we dive in, let’s establish the golden rule of credit card use: Always pay off the balance in full each month. Getting into debt chasing credit card sign-up bonuses and…

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Don’t Ignore Crypto but Proceed with Caution It seems people either love crypto or hate it; there’s no in-between. And that’s understandable. With so many “junk” coins on the market and scam artists out there, deciphering what’s worth your time and what isn’t can be challenging. That’s why you shouldn’t ignore crypto but proceed with caution. Crypto: The Year That Was Whether you’re a crypto lover or hater, you can’t ignore the results of Bitcoin in 2023. Bitcoin made a…

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