$50k in SoFi is All You Need to Retire

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  • Опубликовано: 27 апр 2024
  • ✅ LIVE TUESDAY I want to learn how to earn money trading! One simple strategy.
    1️⃣ Sign me up for the live training: felixfriends.org/webinar
    👉 Download my Beginner's Guide to Selling Covered Calls for free at: felixfriends.org/cc
    📈 Trade Visualisation Software FREE 30-day trial! Get Started: www.optionswatch.io/sign-up
    👤 Meet Felix:
    I'm your host, Felix. My journey took me from being a novice investor to an investment banker, a corporate lawyer, and an entrepreneur. Investing was my key to early retirement at 40. My goal? To empower YOU to navigate the financial market with ease and transparency, free from the conventional financial system's noise. Let's embark on this journey to financial freedom together!
    The content in this video is for informational and educational purposes only. It does not constitute and should not be construed as financial or investment advice or an offer to purchase or sell securities. The content is not personalized or tailored to a specific person or group of persons, nor to their personal investment or financial needs. You should consult a financial adviser or other investment professional authorized to provide investment advice. Investing comes with risks, including the risk of loss. Presentations of trades made by Goat Academy Ltd or its personnel are not a guarantee that any investment decision made by a student will be successful. Past performance is not a guarantee of future performance.
    #felixfriends #sofi #sofistock
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Комментарии • 76

  • @FelixFriends
    @FelixFriends  Месяц назад +2

    ✅ LIVE TUESDAY I want to learn how to earn money trading! One simple strategy.
    1⃣ Sign me up for the live training: felixfriends.org/webinar
    👉 Download my Beginner's Guide to Selling Covered Calls for free at: felixfriends.org/cc
    📈 Trade Visualisation Software FREE 30-day trial! Get Started: www.optionswatch.io/sign-up

  • @KingDDDDDDD
    @KingDDDDDDD Месяц назад +34

    The thought of just having 50k is a nice thought

    • @johnbagsit2973
      @johnbagsit2973 Месяц назад

      True wish I had the money to invest that much

    • @zeeshanbutt9500
      @zeeshanbutt9500 Месяц назад +3

      You dont have to have it all at once, if you work, dump 10-20% of you salary into stocks.

    • @clausbohm9807
      @clausbohm9807 Месяц назад

      @@johnbagsit2973 Yeh, maybe stop buying that Starbucks Latte and those internet movie subs as well as that expensive SUV, just saying to those out there that does that ...

    • @BeatNursery
      @BeatNursery Месяц назад

      Be patient and keep working at it you’ll get there quicker than you think.

    • @slewcharles926
      @slewcharles926 Месяц назад

      Yeah.. dreams are nice 😅

  • @jbweezer
    @jbweezer Месяц назад

    Not surprised those 2 PXG clubs made the bag. You were hitting them so incredibly well during your fitting that it would have been crazy to pass them by. And adding more versitilty to the top end of your bag too since you are getting the height you need.

  • @westdeaton4127
    @westdeaton4127 Месяц назад

    Would plug power be a good one to do a coverd call on, I got a lot of shars of that. THANK'S

  • @eclkt
    @eclkt Месяц назад

    Thank you

  • @goldensquadyt9959
    @goldensquadyt9959 Месяц назад

    Is it a good idea to buy it now and sell it off in a month or 2 from now. Im doing a virtyal stock market game for school. Any tips?

  • @jorgsre
    @jorgsre Месяц назад +3

    I have notioced you have talked about SOFI in this context several times… a particular reason for using SOFI specifically and not any other for the strategy? Is it you are bullish in the Long term for SOFI?

  • @Himothy9986
    @Himothy9986 Месяц назад +10

    Knowing my luck my contracts would be exercised and I will have to sell all the shares

    • @nietur
      @nietur Месяц назад +2

      then you'd buy them back

    • @alpha1471
      @alpha1471 8 часов назад

      sell cash covered puts

  • @VinuKarthek
    @VinuKarthek Месяц назад +1

    With 18% short interest on the stock, dont you think its a little bit risky that the options might get exercised on a decent earnings..

  • @lukag37
    @lukag37 Месяц назад +7

    Great video but you only get that much premium 4 times a year because of the high implied volatility because of earnings

  • @Jimmerca
    @Jimmerca Месяц назад

    I want to know what the price is for options watch after the 30 days is up💰💰💰✌🏻??

    • @FelixFriends
      @FelixFriends  Месяц назад

      $16 a month on the annual plan, or $19 on a monthly plan

  • @doloresstaana744
    @doloresstaana744 Месяц назад +1

    Is Sofia a blue chip stock. I will not put my money in it's not a blue chip stock.

  • @Fonzleberry
    @Fonzleberry Месяц назад +1

    You could also use the profit to sell cash secured puts below market price.

  • @productsandreviews9707
    @productsandreviews9707 Месяц назад +1

    SOFi crashed after earnings 😢

  • @andrewvo8395
    @andrewvo8395 Месяц назад +4

    Aren’t these short term trades taxable before you put them into a Roth IRA?

    • @MrAdorabao
      @MrAdorabao Месяц назад +3

      I believe you would have to make the trades in a Roth IRA for it to be nontaxable is what he is saying

    • @higiniomorales459
      @higiniomorales459 Месяц назад +1

      Depending on the brokerage you use, you can trade options in your Roth IRA account.

  • @saygoodbyezzz
    @saygoodbyezzz Месяц назад +3

    Are you sure in long term sofi stock won't decrease? in which case you may lose the 50,000 dollar ?

    • @Christineperkins-uw8ow
      @Christineperkins-uw8ow Месяц назад

      I suggest buying the new tesla innovation shares at this point as they are relatively cheap and are sure to yield long-term profits

    • @meiada
      @meiada Месяц назад

      @@Christineperkins-uw8owwhat’s the stock ticket name?

    • @Christineperkins-uw8ow
      @Christineperkins-uw8ow Месяц назад

      @@meiada TSLA. All Tesla stocks and shares have got the same ticker symbol.
      So you don't invest in them already?

  • @davidharris7235
    @davidharris7235 Месяц назад +4

    You won't be selling cc's when sofi is at 5/sh

    • @t33mtech59
      @t33mtech59 Месяц назад

      He would be selling CSPs at 4.50. that's what the other 50k is for lol

  • @jimmyroels7604
    @jimmyroels7604 Месяц назад

    Selling covered call options has burned me several times already. When the stock goes higher and it goes over the strike price, you loose money.

    • @nietur
      @nietur Месяц назад +1

      no, you don't

    • @FelixFriends
      @FelixFriends  Месяц назад +3

      No. The stock gets sold and you still collect the premium profit. You can then buy back the stock. The only risk is opportunity cost.

  • @JimBeam-jn5rk
    @JimBeam-jn5rk Месяц назад

    would have been a hell of video, if SOFI would have delivered - still good content though. Maybe you could do a follow up analysis of SOFI after the earnings, and assume a worsening economy - thanks!

  • @eddielacrosse2
    @eddielacrosse2 Месяц назад

    I’m trying to figure out which call to buy with $1000 tomorrow lol

  • @layjunbaldry2786
    @layjunbaldry2786 Месяц назад

    Hi Felix, you have brilliant idea. Lay Jun Baldry

    • @FelixFriends
      @FelixFriends  29 дней назад

      Thank you! I appreciate your kind words.

  • @sherlockholmes6990
    @sherlockholmes6990 Месяц назад

    A lot of assumptions made in this video. Let's say that SoFi stock actually drops to $3.5 after buying at $7. Then you're down to $25K. You might then say that you can then still sell covered calls. Yes, but can you then still sell them for $11.5? If it stays flat at $7 for 20 years, it doesn't seem that the premiums on the covered calls would stay at $11.5. They would probably be much lower.

  • @trieunguyen5897
    @trieunguyen5897 Месяц назад +14

    I got 100k in Sofi and i can’t retire yet.

    • @Christineperkins-uw8ow
      @Christineperkins-uw8ow Месяц назад +1

      I suggest buying the new tesla innovation shares at this point as they are relatively cheap and are sure to yield long-term profits

    • @nietur
      @nietur Месяц назад +1

      did you watch the video

    • @affegorilla1299
      @affegorilla1299 Месяц назад

      In 5 years you could

    • @jakerose1203
      @jakerose1203 Месяц назад +1

      Ouch

    • @sterlingcampbell2116
      @sterlingcampbell2116 19 дней назад +1

      ​@@affegorilla1299His 100k might be 250k tops in 5 years. No way he's going to retire in 5 years off of 100k in SoFi.

  • @cowpokecale9456
    @cowpokecale9456 Месяц назад

    I’m currently doing this strategy with my 75k shares. Plan to get more and more shares till I’m well over 100k shares

    • @FelixFriends
      @FelixFriends  Месяц назад +1

      That sounds like a solid plan. Keep building up those shares!

    • @cowpokecale9456
      @cowpokecale9456 Месяц назад

      @@FelixFriends will do Felix!

  • @Wk98asP23
    @Wk98asP23 Месяц назад +3

    Is this even updated ? Sofi is at $8.10 post market

  • @adnanyeasir7965
    @adnanyeasir7965 Месяц назад +5

    Did not age well

    • @FelixFriends
      @FelixFriends  Месяц назад +2

      You judge a 20 year investment strategy on day 1?

  • @larryb5914
    @larryb5914 Месяц назад +3

    SOFI Down 10 percent after your pump?
    So much for your "analysis " ?

    • @FelixFriends
      @FelixFriends  Месяц назад +4

      I describe a 20 year investment strategy and you judge on day 1 🤣

    • @PorkChopsOink
      @PorkChopsOink Месяц назад

      @@FelixFriendsThis dip pushed me to buy more SOFI shares. This is a long term investment.

    • @larryb5914
      @larryb5914 Месяц назад +6

      Oh,so now we bet and invest with a 20 year horizon? Nostradamus, would be proud! This was nothing more than a pump and dump of a cheap stock, the charts speak for themselves!

    • @Clap_My_Dog
      @Clap_My_Dog Месяц назад

      I see sofi as long term. I'm expecting to hold for multiple years. So in 3 years will I care it hit 7 or 8 or 9 when I look at 20s and 30s if they maintain growth?

    • @sterlingcampbell2116
      @sterlingcampbell2116 19 дней назад

      ​@@Clap_My_DogSoFi will not be $30 in 2-3 years. Maybe $12

  • @mgtruth4992
    @mgtruth4992 13 дней назад

    You're better off going to the casino. My friend,

  • @tuberichter
    @tuberichter Месяц назад

    After today earnings it is even easier to make money with sofi 😂

  • @N_A__
    @N_A__ Месяц назад +1

    Click bait videos with titles like this are dangerous for the average uneducated retail investor that you claim to try to help.

  • @kellywalker4494
    @kellywalker4494 Месяц назад

    You spoke too soon, Felix. SoFI is tanking on earnings.

  • @davidharris7235
    @davidharris7235 Месяц назад +1

    Felix, all hypotheticals. Every month the price will be different and your guesses won't always be right. Dumb video!

  • @skyline3d
    @skyline3d Месяц назад

    well how about you give me 50K and I give you 50% of the gains back when it doubles on Sofi 😄

    • @FelixFriends
      @FelixFriends  Месяц назад

      I ain't got no money my friend 😂😢