The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.
We continue the discussion from the last entry.
We began this project, which is free to follow along, with $500. All in an effort to help out the small retail investor understand the importance of growing an income account, as opposed to a trading account.
As previously stated, we ‘re-balanced’ the capital gains strategy that is embedded within this project, and sold off all of our capital gains instruments.
We are going to consider that three of them are bought back today, at the time of this writing.
The project will be purchasing ONE (1) IVV at current prices
The project should be considered as buying TWO (2) SHY at current prices.
The project is also to be considered as purchasing TWO (2) PCY at current prices.
These instruments are purchased, under the “ETF Commission Free” program, as previously outlined, that many brokers offer.