Category Archives: Stripper Money Management

all blogposts and articles related to personal finance, trading, and investing

Reality doesn’t bite that bad.

The Stock Market has been boring me for two weeks now.  I’m glad I sold puts and collected two weeks of time decay instead of buying calls.  This puts theta on my side as the indices bounce around at support. 

I got an email from a reader who said that with this recession, she felt like she has been demoted from SuperStripper to SubsistenceStripper.  I thought about that for a while, and realized that some of my habits regarding dancing have shifted as well.  Given the current economic conditions, THAT’S OKAY!  You are still ahead of thousands of Americans who CAN’T even subside on their earnings!  Read more... (346 words, estimated 1:23 mins reading time)

Tags: , , , ,

Freedom

 

“Money is one of the greatest instruments of freedom ever invented by man” wrote economist Friedrich von Hayek in his 1944 masterpiece, The Road to Serfdom.  “The great thing about money is that you can spend it as you wish.  I might even be argued that the ability to earn and spend money freely is the single quality that most clearly distinguishes a free man from a slave.”  Read more... (236 words, estimated 57 secs reading time)

Tags: , , , ,

Want a 19% Return in 2 months?

 

One of my streams of income is the stock market.  I’m not a daytrader.  I have made a lot of money daytrading (and I’ve also lost a lot of money daytrading.)  I love options.  Specifically I love advanced option strategies that make money regardless of whether the market tanks 600 pts in a week or whether it just aimlessly drifts sideways.

This is the Iron Condor trade I am looking at for August.  Read more... (422 words, estimated 1:41 mins reading time)

Tags: ,

tax savings

Need a Tax Shelter?

Home based businesses are one of the few legal tax shelters left in America.  In fact, if you do not currently operate a home-based business you are over paying your taxes by thousands of dollars each and every year. By operating a home-based business and keeping good books and records, any taxpayer can legally convert a major portion of their non-deductible personal expenses into new tax-deductible business expenses and immediately increase the amount of their hard earned dollars they get to keep each and every year. Dollars that can be converted to personal savings and that can be put to work to build personal wealth for you and your family!  Read more... (962 words, estimated 3:51 mins reading time)

Tags:

Naked Strangle

I’m toying with the idea of doing a naked strangle instead of an iron condor on the $RUT for June.  I’ve had the pleasure of chatting with other Optionaddicts this week concerning my Iron Condor rules.  I usually trade 5 contracts on the iron condor, which means 20 commissions (counting all four legs of the trade) to get in and 20 commissions to get out which is $60 per iron condor.  If I do a naked strangle I only need to sell 1 contract and have two legs for the same margin requirement.  That translates to $6 in total commission charges instead of $60, and roughly the same amount of risk.  Don’t us traders have dirty mouths?  Read more... (226 words, estimated 54 secs reading time)

Tags: , , , , ,

Trading the Stock Market

This is precisely why I hit mute when watching CNBC. 

I had my BEST day in the market today.  EVER.  

Thankfully stripping is a night time job, so the only time I don’t have access to my trade station is when I force myself to go to the gym during Wall Street’s Lunch Hour.  By the time I finish with my 90 minute daily workout, I can sip a Muscle Milk Lite shake and watch the close.  Read more... (411 words, estimated 1:39 mins reading time)

Tags: , , , ,

Not for 1/3 of a Gallon of Gas!

One thing stood out to me this week, both in Vegas and at Christie’s last night.  Some PLs (that’s internet slang for Pathetic Loser) sitting at the tip rail actually think they can cop a cheap feel if they tip a buck.  Wednesday night at Treasures there was a group of 5 Asian men sitting at Center Stage.  Each had a stack of about 20 singles in front of them.  They would wave one folded up dollar bill in the air to entice the dancer over to them, but then pull it back if she didn’t let them place it down the front of her gstring.  Read more... (556 words, estimated 2:13 mins reading time)

Tags: , , , , ,

I love my Imaginary Job

Back to my daily grind: wake up, check market open, work out, run errands, watch market close, do housewife-ly stuff, go to Christie’s.  I love my life!

I had a great comment on yesterday’s blog, “What is your real job?”  I define a real job as one that reports my income to the IRS via a W-2.  A real job also requires me to show up and perform my work duties at a scheduled time.  At a real job you get in trouble if you don’t show up at your scheduled time and/or you have to find a substitute.  Hence, my real job is a fitness instructor.  I teach yoga, pilates, spin, turbokick, lift, and water aerobics for the largest international gym chain in the world.  I dread working out alone and for free, so I kill two birds with one stone.  Nevertheless, my real job is only 8 hours a week.  Read more... (348 words, estimated 1:24 mins reading time)

Tags: , , , , , , ,

I Bought Some POT Today

 

No, not that kind.  Ticker symbol POT.  Its a fertilizer company in Canada.

Us wacky trader types have stocks we like, and stocks we avoid.  I like POT and GOOG.  I’ve been burned by OIH too many times…although I bought puts on OIH and two other oil companies last Thursday…only to get stopped out of all three trades on Friday with a small profit.

I also set up a PO Box today.  Since becoming a verified seller on Ebanned, the demand  for products from Avalon’s Panty Store has not been able to keep up with the supply.  I had one customer in Nebraska who did not feel comfortable making online payments with my merchant account at Alertpay.  Instead, he wanted to mail me a money order.  Without a PO Box, I had no other option than to give him my home address. 

Only one strip club customer knows my mailing address….he’s a retired commodities trader and he sends me his trade magazines after he reads them.  After Christie’s misplaced them the magazines the first two times, I figured  it was easier just to send them directly to my mailbox.  After all….I have a big husband, lots of guns, and three attack golden retreivers who will lick and bark at any intruder.

Setting up an Ebanned store (much like setting up an Ebay store) is a process.  Then you must take into consideration the monthly costs of  photo hosting, maintaining a merchant account, and shipping costs.  The cost of your time is a factor as well.  Taking pictures, answering emails, uploading pictures, making an auction template….all this requires a few hours a week. The first few months, I lost money because I was not actively listing items each week.  I finally recovered my start up costs this month.  Yay!

I’m still kinda bummed I missed Saturday night.  I knew Slim and Harry were stopping in, and I missed them!  Oh well.  I’ll be at Christie’s on 32nd Street Tuesday, Wednesday, Friday and Saturday this week.  Next week is the Con-Ag show in Las Vegas.  Much like World of Concrete, The Construction-Agricultural Equipment show is predominantly male attendees.  I will be at Treasures Mon, Tues, and Wednesday nights next week.

10:15 PM - 4 Comments – 6 Kudos – Add Comment – Edit - Remove

Tags: , ,

Connect To Us

How To Become a Stripper

StripandGrowRich Newsletter

SuperStripper Blog Archives

SuperStripper Blog Topics

Contact Information

SGR Inc
2810 E Trinity Mills Rd Ste 209-228
Dallas, TX 75006
support@stripandgrowrich.com

Switch to our mobile site