@A1Drizzy1@BitcoinTeacher_ Yeah it’s more of a disaster recovery thing. If you have a mortgage, car loans etc equal to let’s say 500K but assets of 200K. Then a 300K life insurance policy would ensure that if you pass, your wife and kid won’t lose the house.
If 1 day you have people depending on you and you want to make sure they are taken care of in case you die, then it could make sense to buy now because the monthly premiums you pay today going forward would be lower.
And you also accumulate the cash value (the savings account portion I mentioned) which you can eventually take out or even borrow from in the future.
Week ending 06/19/2026
Profit: -$2,246 ❌
Weekly Return: -4.76% ❌
Weekly SPY Return: +0.67% ❌
YTD Profit: $395 ✅
YTD Return: +0.89% ✅🏆
A difficult week as losses in STRC, NOW, URA, and ONDS outweighed gains from option premium and assigned positions. While the portfolio underperformed the market by 5.43%, it remains positive on the year. Weeks like this are part of the process—managing risk, staying disciplined, and continuing to generate income through option selling remains the long-term objective.
Investors buy gold when they are afraid of the future & sell gold when they are afraid of the present.
Gold selling off usually signals liquidity issues. Eventually Fed pumps liquidity and that excess flows into Bitcoin.