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Last Friday, December 11, we surveyed our members with the two issues below.
Poll results
| Before COVID-19, how often did you take a holiday of a week or longer? | |
| Once a year | 14.80% |
| Twice a year | 26.80% |
| Three times a year | 26.80% |
| Four times a year | 12.20% |
| More than four times a year | 19.50% |
| Do you make buy/sell decisions during your holidays? | |
| Always | 22.00% |
| Sometimes | 48.80% |
| Never | 29.30% |
Saving regularly and selling covered calls and cash-secured puts requires regular managing, perhaps once a week or even more frequently. Otherwise, a Monday Morning portfolio doesn’t need attention any more often than a few times a year.
If we think that our portfolios need regular attention, it has never been easier. Some of our members have done it in the car while their partner drove. Some developing countries which never reached the phase of transmitting messages through copper wires, now have Internet access. They are often outstanding holiday locations.
It is better to have Internet access and not need it than need it and not have it. It does make portfolio management simple.
A sincere thank you to all who participated.
We have designed the Monday Morning Millionaire Program to offer abstracted investment education. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.
The program does not provide any investment advice or endorsements.
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