EOM Garden Growing Prep: Step 12 3.16.17
Yesterday at 2 PM EST, the Fed announced they would raise rates a quarter point-already factored into the market. The real question-will the Fed be hawkish on future hikes? They did not hint there would be more than three rate hikes for 2017. We will see. DOE
The process to identify, allocate, set alerts and purchase our “Garden Growing” candidates may seem intimidating but after purchasing the first two to three funds, it should become muscle memory.
When we near the end of this series, I plan to offer an “in-person” training seminar to further explain the procedure and answer all questions.
Training is on Monday, March 27th from 6-8:30 PM. The location is F119 at JALC. This event is for paid EOM Members Only. You will receive a VIP Pass to attend. More to come…
Allocate amounts/prices/shares of the VIP Closed-End Funds (BA 3) on the worksheet. In this part of the training, I analyze each candidate, extrapolate the number of shares purchased with an estimated target price then determine alert conditions.
Key Points on PFL…
1. Pays a (consistent) monthly dividend
1. Price drops down to the 6 SMA
This would give us 50 shares. Any unused funds are swept into the Round Two (R2) allocation for future opportunities.
We will wait to see if/which alarms hit. When hit, we will monitor until a Simple Simon Weekly, and SS Daily Buy Signal is generated before buying.
For those wanting to be all in simply allocate all 1K.
If having problems downloading the “ES Allocation Worksheet” (Members Vault), you may need to click on the “Enable Editing” button in your MS Office application to access the editable “Landscape” format. It should look the same as the PDF version.
If you have questions, please send them to me at firstname.lastname@example.org.
David O. England
Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2
https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png 0 0 David O. England https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png David O. England2017-03-16 15:26:082017-10-19 20:37:50Step 12 3.16.17