SHARPE INCOME … ‘Comfort’ Income

Posted on Feb 2 2015 - 4:50am by Sharpe Trade

The original Sharpe Income post can be found here.

The Sharpe Income category be be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.

Remember that $25.00 has been added to the Sharpe Income, Fixed Income account this Monday, per the rules of this account as mentioned in the original post.  You will also be able to note this on the PDF at the bottom of this post.

We continue the discussion from the last entry.


Last week was a bit of a rough week here in my neck of the woods.  On my short-term trading, I was hit with a bit of draw-down on a larger than usual loss.

I don’t care how long you’ve been doing this, losses just … stink.  There will always be, even for a short time, a loss ‘mind-burn’, and that never stops all-together.  But with time and experience, you learn tricks to deal with it, accept it, and move forward to more short-term trading profits.

So … of what ‘tricks’ am I speaking?   What ‘tricks’ do I employ that help me mentally get back in the game with my short-term trading?  Well, when people are physically sick, they at times like ‘comfort food’, right?  They’ll indulge in some little treat to make them feel a bit better when their body has them ‘down in the dumps’.  

And that’s what I have on my mind as I write this Monday’s “Sharpe Income” entry.  I call it a bit of ‘comfort income’.

Whenever the market gets me down a bit from short-term trading?  Whenever I have this type of a loss?  I look for a constructive ways to employ my energies in the markets.  Something that will have me engaged with the market … that can’t hurt too badly … and at the same time, carry’s the benefit of providing me with a bit of income.  Buying some income, helps me do this.  At the end of such a ‘comfort income’ purchase, I will have engaged with the markets again; so this helps me overcome any hesitancy.  At the same time, I will have given myself a bit of a raise by purchasing an income producing asset.

Thus … ‘comfort income’.

Now let me be very clear with what I’m saying here

I’m not saying that when I have a loss, I will go out and produce just any income producing asset, at any price level, forgoing all of my rules, simply to make myself somehow ‘feel better’.  I’m not doing that at all.

I’m simply engaging with my separate income account, and giving myself a raise, per the rules of my Fixed Income account

So this all begs the question …

Are you saying that you are looking at purchasing something this week for Sharpe Income?

Yes.

Actually, I have my eye on purchasing two different income producing assets for the Sharpe Income project.

And neither of these purchases are actually an equity, or ‘stock’ that I have mentioned up to this point.

But we will discuss those purchases, in the next entry.

Actionable View of Markets for Sharpe Income

Stay tuned, as in future posts, I will be discussing the two assets I mention above, and why I am looking at two different, non-stock assets.

The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.

We continue the Sharpe Income project with this next entry.

The Sharpe Income PDF breakdown for week 10 can be found here …

Leave A Response