While January 2020 was a good month in the market, February was not. I booked a loss of $3,418 or 14.8% for the month, and $2,390 or 10.8% for the year. My most frequently traded equities were $AMD, $TSLA, $MU, $AMZN, and $SPY. About 50% in stocks and 50% in options, I currently hold 200 shares of $MU and $AMD while I wait out the storm. I'm hoping that March will bring some stabilization to the market, but as of today, its unclear how much impact coronavirus, or COVID-19, will have on the long-term health of the global economy.
I hope to start adding income reports from my online ventures, but as of today, I have earned $0 in affiliate marketing. I've heard it takes 6 months to ramp up, and I've had this blog about 6 weeks, so we will wait and see how that goes.
One of my biggest projects right now is working on providing value using my business experience. I'm writing an e-course on creating a #FI Personal Wealth Strategy course that I plan on being very comprehensive. My course will focus on using corporate FP&A (Financial Planning & Analysis) best practices and applying them to your personal wealth creation plan.
Creating an e-course is a project. It includes activities like creating Powerpoint presentations, writing loads of content, recording voiceovers and videos, and then putting it altogether using Adobe Premiere. Then you decide how to host it – on your own Learning Management System (LMS), or on someone else's, like Udemy. I think I'd prefer to host it on my own, but I'm not ready to make those decisions yet. Lots of research to do!