Retiring Easy Portfolio – 2nd Trade Alert for Thu Oct 31 2024

Oct 31, 2024 | Retiring Easy Portfolio, Trade Alerts and Ideas

This second trade in the Retiring Easy Portfolio is taking advantage of the sell-off in the stock today. With earnings out yesterday I thought results were quite good.

Microsoft (MSFT) reported earnings of $3.30 a share with revenue at $65.59 billion which was above estimates of $3.08 a share on revenue of $64.43 billion. Revenue was up 16% year-over-year. Part of the weakness today is their outlook for the next quarter is $68.10 billion to $69.10 billion while analysts estimated $69.62 billion. That has some pressure on the stock.

I am already ahead of last year’s return for this portfolio in 2024.

The trade alert explains the details and contains further comments on today’s new position.

This new trade keeps profits pouring into what has been an excellent portfolio since being formed in July 2018. Through bear and bull markets this portfolio has cranked out profits. I use the profits from the Retiring Easy Portfolio to augment my retirement income.

There have been no losses to date in this portfolio. Investors who are nervous with the current market or worried about a potential recession should wait or reduce the size of their trade.

This portfolio is designed to place only a handful of trades in a month but earn well above average gains.

Make sure to read the entire trade alert article as it discusses the handling of the trade entered today. Remember to stay in your comfort zone. Staying in cash during periods of higher volatility is never a wrong strategy.

I will be increasing the number of trades being done in this portfolio in 2024 as more capital was available from the profits made in 2018, 2019, 2020, 2021, 2022 and 2023. For those with less capital or more risk adverse, they can easily restructure trades to meet their level of comfort and their available capital. Details are in the trade alert.

This Retiring Easy Portfolio Trade is for FullyInformed Members.