#179 - The Sometimes Hidden Benefits Of Trading Options From Home

Hey everyone, Kirk here again and welcome back to the daily call. Today, we are going to be talking about the sometimes hidden benefits of trading options from home. For me, when I started trading options from home, it was I guess you have this preconceived notion of what trading from home ends up being. But for me, it's very different than what I see portrayed online or what I see portrayed on the internet. The big thing for me was obviously, time with my wife and now, time with my kids. And so, those are kind of my nonfinancial things that I think are really invaluable to me moving forward in life. In fact, my oldest daughter, Molly just the other day, just had this really weird conversation with her about… I decided to go to like a coffee shop because I needed to do some recordings for podcasts and I needed to record some videos for the team and she was totally floored by this. I don't often go to a coffee shop. I just spend most of my time in my office at home and with them and when they're napping, I’ll do stuff for Option Alpha, etcetera. And I just had a really weird conversation with her because she was totally floored by the concept of me going someplace else to work. She never actually seen me do that, right? Like never really thought about that. And so, we had this whole conversation about why some people have to go to work and why some people can stay at home and work. That was a really cool experience to go through with her and I'm very thankful for what options trading allows me to do which is just truly flexibility in my time in life and time with family and friends. I think there are financial gains that could be taken from trading at home that people don't think about. I think people most often think about people driving Lamborghinis and these huge houses. I very much live a completely different lifestyle than that. I have a very nice small house in Pennsylvania and we have a nice investment property portfolio that we’ve built because we live in a small house. I drive a minivan because I have kids. It is nothing like what people portray online. But I will tell you that when you trade at home and when you have everything in one place, you're much more likely to actually save money I think in most cases if you're willing to make the investment in choosing a location, choosing a house, deciding on cars, things like that. When we originally lived outside of DC, it was terribly expensive. And so, when we moved after my first daughter was born to Pennsylvania, that was a huge windfall for us as far as finances because we were living basically for a fifth of the cost of what we were living in DC and none of our regular expenses change. We didn't magically go out and just spend that money on something else. We kept everything low, so we could continue to save more and invest more. That’s the whole idea. And then also because we live in a town now and we decided to live in town where we live versus outside of town and we now have the ability to basically be a one car family. We have a backup car basically if we need something for the kids or both of us are running around. But 99% of the time, we’re doing things with the family, so we’re basically a one car family. We walk a lot to places, we walk to the park, to the pool, we walk to the grocery store. We do a lot that doesn't require a lot of commitment and time and travel and income. I think about this stuff often because I think people underestimate some of these hidden benefits. That’s why I call it hidden benefits of trading because there's so many other things besides just the monetary gains you could have from trading. Now, I don't think you have to trade from home to be successful trading at options. I think the whole goal of Option Alpha and more importantly, what we’re releasing very soon as far as auto-trading software helps people get to that point while still keeping their regular job or their day job or whatever they're doing at their profession that they like doing. But for me, I think there are some benefits that you can't really describe I guess from trading at home or just working at home in general and being in that environment. Anyways, I wanted to talk about that real quick because I think it might just maybe stir some things and food for thought. If you guys have any questions or have any comments, I’d love to know. Until next time, happy trading!

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