$SPDR S&P 500 ETF Trust(SPY)$ I'm learning along the way about investing. My 10 years goal is to build $1.2M from scratch, I'm followIng these few rules:
1. Contribute some amount into account every month.
2. Buying good quality stocks at least at fair valuation and below for long term.
3. Using short term options to limit my loss and get gains to build up my pot quickly to 5 figures within these 3-6months
4. I will post the details for reflection.
Decided to cut loss, although I'm bullish in long term. My pot is quite small and limited, used the available fund to do $SPY Iron Condor 250408 484.0P/485.0P/525.0C/526.0C$. Hopefully I'm right.
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