Trader Travis Wilkerson

As far as I know, I'm the only person on the planet who can teach people how to achieve these returns while trading only 2 minutes per month and 10 minutes once a year to rebalance the portfolio.

As I often say, focus on facts, not feelings. Fact: my accounts are down $250k +\- today. Focusing on that fact did not help me 😆. Jokes aside, focusing on the facts below is how I've survived the schizophrenic market for nearly 30 years.

I find attitudes like this extremely common among extremely successful people. Not all successful people, but many of them. 🤔

Facts!

Emotionally weak people rarely become massively wealthy in the stock market! Tip: Cap your losses at a small amount, and you'll be surprised by how gains and strong performance happen automatically.

Handle the current market environment by focusing on facts, not feelings. Working out will make you "feel" weak, but it's actually making you stronger. Learning new things will make you "feel" dumb, but it's actually making you smarter. Enrolling in an options course and investing in yourself will make you "feel" poorer, but it's actually making you rich (assuming you implement what's taught). Facing your fear and staying invested during a market crash will "feel" terrifying, but it's actually making you braver. Focus on facts, not feelings.

For nearly 30 years, no one has believed me when I tell the truth about what I do. I don't want to manage money; I only want to help others achieve the same. What do you think? Should I accept that the world will never be ready for my truth, or is there something else I should do beyond what I've already done (sharing this secret in my books)?

For the record, I'm one of the people who think those ETFs are "trash," but I'm highly biased because my investment approach delivers the same yields as those funds, and my account goes up. A win/win.

Oh wow! How awesome. This pumps me up! Our little secret club of 10-minute investors who beat the market. 😄 Congrats, Tom. I wish you much more success.

I wish my teenage sons felt this way 😆 🤦🏾‍♂️.

Here are my solutions for growing a smaller account. If I have a small account I'm growing, I keep adding money to it until it's bigger. Or I would consider the three approaches below. All are based on the concepts taught in my books, but someone with limited belief wouldn't think of these solutions. A person looking for solutions would. #1: Buying Shares of SPY (the safest approach): If I had $10,000 or less, I could buy SPY shares and then add money to the account (there is no wealth without savings). Once the account reaches $20,000 to $30,000, I would add a LEAP call to boost profits. As usual, I follow the enhanced buy-and-hold rules for any option I purchase. Once the account reaches $50,000 to $60,000, I would begin selling SPX credit spreads and add LEAP put insurance to balance the account. This EBHI approach is profiled in the 10-Minute Investing Club (TMIC). If a person wanted faster growth, they could wait until the account reached $100,000 before adding the put. The downside is that you'll have a wilder ride if the market declines. #2: Credit Spread Approach: I'd use the $10K account to sell credit spreads on XSP. This approach has two possible paths. Path #1: I'd follow the 2/10 formula and sell XSP spreads. I would also add money to the account. As every book teaches, adding money to a small account is THE fastest way to grow it. Many ignore this sobering truth and keep struggling to grow their wealth. Path #2: I could allocate 80% of the account to SPY shares and keep 20% in cash. I would use that cash to cover the margin for the XSP credit spread. In this case, credit spreads replace the LEAP call option as the profit boost. I would also keep adding money to the account (notice the personal contribution theme?). Once the account reached $20,000, I'd decide whether I preferred the passive EBH call-and-stock approach or the semi-passive SPX credit-spread approach. At $50,000, I could integrate both strategies: EBH and SPX credit spreads. #3: The Buffett Call option approach: This is profiled in the free public case study. I would buy a LEAP call 10% out of the money (OTM) and 'aggressively' add funds to the account so that, within 6-12 months, the call represents 20-30% of the account's value. I would NOT do this unless I knew for a fact that I could add more funds to the account. I would also hold off on buying SPY shares until the account is larger. Buying call options and shares with a $10K account will create massive volatility in your portfolio, and I promise you will freak out over the losses and sell everything (ignore my warning at your peril). Or worse, the market will go up, and you will double the account, and the excitement will turn you into a reckless gambler. *** In summary, these are just a few of the many approaches I can take, but the approaches themselves are irrelevant. Your mindset is more important. A millionaire shared this helpful advice with me years ago: "To a person committed to finding solutions, obstacles become irrelevant." I'm not saying that overcoming the obstacle of growing a small account is easy, but it is doable. Hard does not mean impossible. Disclaimer: As usual, none of this constitutes financial advice. It is for educational and informational purposes only. I am showing what I would do if I started with $10,000. If you follow the same path, you do so at your own risk. You are solely responsible for your trading results.

It's awesome seeing my son @DJW2028 do well at football, seeing that his dad is a money nerd and I'm completely clueless about football. 😆 I didn't know how good he was until a commenter told me 🤦🏾‍♂️.

I taught him how to invest because if his football dreams come true, I want him to be a good steward of his blessings.