The Costanza portfolio guide. “Do the opposite”. (A subsidiary of $VDLY)

Hey you, George here. Vandalay industries. You’re a poor person right? Me too! Before we celebrate our club with feats of strength, I thought I’d try to sell you my new investing philosophy. All my poor person instincts are wrong. So I started doing the opposite! This has been working for me at Vandalay Capital Strategies [$VDLY] since 1994.

Rule 1: Your instinct is to panic when the stock is volatile …
Opposite: That’s exactly when premiums are juiciest. Sell the calls/puts, don’t freeze.

Rule 2: Your instinct is to chase the shiny “35% yield ETF” …
Opposite: Run. It’s just your own money trickled back with a haircut. Income is not yield!

Rule 3: Your instinct is to wait until things “calm down” …
Opposite: You want turbulence. Calm seas means cheap options = no juice. I like ‘em big, and real, and fabulous.

Rule 4: Your instinct is to hide positions and be cagey in Reddit posts, because someone might steal your shares! Or trade against you! Or laugh at your stupidity! …
Opposite: Say it out loud, model it. The more sunlight you throw on your ideas, the less hopium they run on. One time I went long on aluminum poles, and lost my shirt. They won’t hold up to your weight. You want to air your stupidity so people can air their grievances about your dumb plans! If we keep our dumb plans in the past, the future plans will all be great!

Rule 5: Your instinct is to protect your lottery ticket …
Opposite: Monetize it. Covered calls and CSPs let you lock in growth and get paid for risk you already own!

That’s all for now. I need to climb under here and take a nap. Just got back from some Chinese food and I’m sleepy.

If you have enjoyed this post, send me $19.99 and recruit 9 new people in your downline. Have each of them send you $19.99 and you pass me $18 of that. Repeat infinitely till you’re rich! Lick those envelopes and send those checks in.