Jordan Bishop
Jordan Bishop
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American Express Aeroplan Card Review Canada (2024)
🇨🇦 SIGNUP BONUSES 🇨🇦
Amex Aeroplan Card: t.co/7qZiR6iu03
Amex Aeroplan Reserve Card: t.co/7qZiR6iu03
The American Express Aeroplan Card is a $120 travel credit card built for Canadian travelers. With competitive earn rates-2 points per dollar on Air Canada purchases, 1.5 points per dollar on dining, and 1 point per dollar on other purchases-you can quickly accumulate Aeroplan points for flights, upgrades, and more.
Watch to learn more about the American Express Aeroplan Card, one of the top travel credit cards in Canada.
Переглядів: 1 193

Відео

American Express Aeroplan Reserve Card Review Canada (2024)
Переглядів 1,9 тис.2 місяці тому
🇨🇦 SIGNUP BONUS 🇨🇦 t.co/7qZiR6j1PB Is the American Express Aeroplan Reserve Card the most overpriced credit card in Canada, or is it a hidden gem? In this video, I explore the Aeroplan Reserve Card's standout features, including its impressive earn rates, complimentary first checked bags, priority services with Air Canada, and annual worldwide companion pass.
The 6 Best Credit Cards Of 2024 (In Canada)
Переглядів 13 тис.2 місяці тому
🇨🇦 SIGNUP BONUSES 🇨🇦 American Express Cobalt: t.co/7qZiR6j1PB American Express Gold: t.co/7qZiR6iu03 American Express Platinum: t.co/7qZiR6iu03 Looking for the best credit card in Canada, but not sure which card to get? In this video, I break down 6 of the best Canadian credit cards, including the American Express Cobalt Card, the TD Aeroplan Visa Infinite Card, the Scotia Gold American Express...
How To Get Filthy Rich From ONE INVESTMENT
Переглядів 2,3 тис.2 місяці тому
1. Reserve your spot with Capital: t.co/NFhrACOthB 2. Get the OFH Strategy spreadsheet: docs.google.com/spreadsheets/d/1YFLoPsh9dY1aiIUDI4lZjwWxi8t0EA54RyOKtPlusRI/copy?usp=sharing 3. Get your additional bonuses: mailchi.mp/1ef2350bcd0f/ofh Learn the investing strategy known as Overnight Fee Harvesting (OFH), a brand new way to earn passive income in the range of 50% - 150% per year.
How I Opened 3 Georgian Bank Accounts In 72 Hours
Переглядів 4703 місяці тому
Considering opening a bank account in Georgia? This video guides you through the entire process. From choosing the right bank and account type to understanding the pros and cons of banking in Georgia, this video covers it all. Here's what you'll learn in this video: The 1 big reason I decided to open a Georgian bank account Which banks you should choose (and which to avoid) The 3 accounts I ope...
I found a loophole for investing borrowed money
Переглядів 6573 місяці тому
I answer some questions from Reddit users about responsible ways to borrow money and invest it to generate a profit.
The Hidden Cheat Code To Joining The 1% (And Getting Filthy Rich)
Переглядів 2313 місяці тому
Wondering how the rich get richer while the poor get poorer? Learn the cheat code used by the 1%.
Best Way To Earn Passive Income As A BEGINNER (2024)
Переглядів 1,4 тис.3 місяці тому
1. Reserve your spot with Capital: t.co/7ft6ob9UUZ 2. Get the OFH Strategy spreadsheet: docs.google.com/spreadsheets/d/1YFLoPsh9dY1aiIUDI4lZjwWxi8t0EA54RyOKtPlusRI/copy?usp=sharing 3. Get your additional bonuses: mailchi.mp/1ef2350bcd0f/ofh Learn the investing strategy known as Overnight Fee Harvesting (OFH), a brand new way to earn passive income in the range of 50% - 150% per year.
How to RENT your way to riches (live case study)
Переглядів 4174 місяці тому
Wondering if you should sell your home and invest the proceeds? Or should you put off buying a new home and invest in an ETF instead? I've got the answer for you here in this video.
Capital.com Review For Beginner Traders (2024 Update)
Переглядів 20 тис.5 місяців тому
Claim zero trading fees forever from Capital: go.capital.com/visit/?bta=35191&nci=7630&afp=b10 In this Capital.com review and trading tutorial, I walk you through exactly how to use Capital.com, how to open and verify your account, and how to use the various tools and tabs inside Capital.com's trading platform. I walk you through several potential trades (including trades using leverage), givin...
I made $1,000 in 56 minutes selling chocolate
Переглядів 2866 місяців тому
Learn how to make money buying and selling chocolate online-but not in the way you'd expect. CLAIM ZERO TRADING FEES WITH CAPITAL ↓↓ t.co/GzEMsClw51
How To Trade Commodities With Leverage (Using Capital.com)
Переглядів 3906 місяців тому
CLAIM ZERO TRADING FEES WITH CAPITAL ↓↓ t.co/GzEMsClw51 If you've ever wanted to trade gold with leverage, you're watching the right video. I'm going to walk you through how to make smart leveraged commodities trades while keeping your risk low.
How To Trade Gold With Leverage (Using Capital.com)
Переглядів 1,5 тис.6 місяців тому
CLAIM ZERO TRADING FEES WITH CAPITAL ↓↓ t.co/7WuYp6sqmZ If you've ever wanted to trade gold with leverage, you're in the right place. In this video, I walk you through how to make leveraged gold trades while keeping your risk low.
How To Trade Crypto With Leverage (Using Capital.com)
Переглядів 2417 місяців тому
SKIP THE LINE WITH CAPITAL: t.co/NXTd6lYVL5 This video will teach you how to trade crypto with leverage using Capital.com. Whether you're a seasoned trader looking to amplify your gains or a newcomer to the world of cryptocurrencies, this step-by-step walkthrough will show you how to capture the full potential of leveraged trading.
The 2-2-2 System Of Investing
Переглядів 1197 місяців тому
Claim some juicy signup bonuses from these investing platforms: $50 from Moomoo: www.yoreoyster.com/out/moomoo/ $50 from Webull: www.yoreoyster.com/out/webull/ $10 bonus from Kraken (my #1 crypto exchange): t.co/PpsoJHpGco $30 bonus from Bitbuy (Canada only): www.yoreoyster.com/out/bitbuy/ Free coupons all across the web: www.yoreoyster.com/out/cos/ $15 bonus on 10,000 stores: www.yoreoyster.co...
3 incredibly easy investing hacks (in 3 mins)
Переглядів 2267 місяців тому
3 incredibly easy investing hacks (in 3 mins)
This CRUSHED Stocks By 500% In 2023
Переглядів 2277 місяців тому
This CRUSHED Stocks By 500% In 2023
Bitcoin’s Quadrillion Dollar Secret
Переглядів 9167 місяців тому
Bitcoin’s Quadrillion Dollar Secret
Why you can’t trust Wall Street with crypto
Переглядів 3398 місяців тому
Why you can’t trust Wall Street with crypto
Bitcoin Flash Crash - What REALLY Happened
Переглядів 6268 місяців тому
Bitcoin Flash Crash - What REALLY Happened
Wall Street's Trillion-Dollar Bet on Crypto
Переглядів 6438 місяців тому
Wall Street's Trillion-Dollar Bet on Crypto
2 systems that save me $10k/year
Переглядів 1458 місяців тому
2 systems that save me $10k/year
3 investing tips from 3 books in 3 minutes
Переглядів 808 місяців тому
3 investing tips from 3 books in 3 minutes
INSIDER Reveals Why Bitcoin Is About To EXPLODE
Переглядів 1,3 тис.8 місяців тому
INSIDER Reveals Why Bitcoin Is About To EXPLODE
How I ACTUALLY Earn 5% A Day
Переглядів 2629 місяців тому
How I ACTUALLY Earn 5% A Day
2 Rules To Change How You Invest (in 2 minutes)
Переглядів 1499 місяців тому
2 Rules To Change How You Invest (in 2 minutes)
The One Investing Tip I WISH I Knew Earlier
Переглядів 1309 місяців тому
The One Investing Tip I WISH I Knew Earlier
2 Two Minute Rules To Beat The Market (In 2 Minutes)
Переглядів 2,3 тис.9 місяців тому
2 Two Minute Rules To Beat The Market (In 2 Minutes)
Passive Income Is A SCAM
Переглядів 1,2 тис.9 місяців тому
Passive Income Is A SCAM
I Let Strangers Buy Stocks With MY MONEY
Переглядів 5419 місяців тому
I Let Strangers Buy Stocks With MY MONEY

КОМЕНТАРІ

  • @allenbaria9716
    @allenbaria9716 4 дні тому

    Reserve card also earns 1.25x on general purchases, not 1.5x. Just letting you know unless Amex website is wrong and my statement is wrong? Have had the card only for a month or so.

  • @allenbaria9716
    @allenbaria9716 4 дні тому

    I think the $100 hotel credit benefit is for Cobalt. Is that a new benefit to the Reserve card? Or is that a general benefit for an Amex card by booking through FHR?

  • @WWIFrantic
    @WWIFrantic 7 днів тому

    Can i use this strategy with laverage 100:1?

    • @jrdnbshp
      @jrdnbshp 7 днів тому

      If you have access to 100:1 leverage, yes, you can. Higher leverage makes the trade slightly safer by keeping more of your margin (the funds you've deposited) available. Just make sure you're selling the number of contracts shown in the spreadsheet and not more (unless you deeply understand what you're doing).

  • @simonmatthew4553
    @simonmatthew4553 8 днів тому

    What do you recommend I spend 20k a year on fuel and around 50k annual spend. Currently have westjet card.

    • @jrdnbshp
      @jrdnbshp 7 днів тому

      Hi Simon - the Amex Cobalt gives you 2x points on gas, so I'd definitely go for that. It'll be much better for you than your current WestJet card. Link in the description.

    • @simonmatthew4553
      @simonmatthew4553 3 дні тому

      @jrdnbshp Thank you for the reply.

  • @SweatWithZ
    @SweatWithZ 8 днів тому

    Hi, The spread Sheet isn't available. Can anybody help me?

    • @jrdnbshp
      @jrdnbshp 8 днів тому

      Why isn't the spreadsheet available? It works when I click the link.

  • @ericdouglas8925
    @ericdouglas8925 10 днів тому

    Costco isn’t a grocery store for bmo we cashback

  • @lifechangingjourney8151
    @lifechangingjourney8151 11 днів тому

    Ive been eying the vix for a long time since i watched your videos of how to earn overnight fees..there is an opportnity there..especially when i use your overnight spreadsheet for calculating the contracts to be sold

    • @jrdnbshp
      @jrdnbshp 9 днів тому

      Agreed - there are lots of opportunities to trade the VIX profitably. I recommend opening an account and using Demo Mode to get a better feel for exactly how it works, if you haven't already.

  • @yes_please6240
    @yes_please6240 11 днів тому

    Hi Jordan, firstly thank you for sharing this with the community :) After watching your 3 videos on the VIX topic: 1) Overnight refunds are automatically placed in your cash account, so your "margin money" will increase over time. Assuming you do not re-invest this profit, over time the possibility of a margin call will be slimmer and slimmer, correct ? 2) As a long-term investment with big capital to invest, isn't the perfect situation to sell VIX when price is high (dealing with negative overnight fee for a short time when price will decline) so that you can buy more contracts (and so have more contracts with positive overnight fee when price goes back to low) ? In this scenario, to decrease risk even further it would be possible to set on your spreadsheet the "Vix alarm price" at $70 instead of $55. Do I make sense or am I missing something ? Thanks, Fernando

    • @jrdnbshp
      @jrdnbshp 9 днів тому

      Hi Fernando, I can tell that you’ve thought about the strategy quite deeply. Let me answer your questions: 1. Yes, that’s correct. 2. Yes, that is ideal, and it’s what many people (myself included) did earlier in August when the VIX jumped up for a brief period. 3. Yes, you could set it to $70 to decrease your risk even further, though based on my calculations, $55 was enough to be extremely risk-averse while keeping your returns high. But if you want to decrease risk even more, you can increase it to any number you want. Hope it helps, Fernando.

    • @yes_please6240
      @yes_please6240 7 днів тому

      @@jrdnbshp Thanks for the quick reply Jordan, much appreciated :) and yes I've been studying this a lot! There is still one thing I cannnot fully understand yet and worries me, it's related to the overnight fee/SOFR: 1) I see on capital that "sell" overnight fee = (SOFR - Capital daily fee). I am studying SOFR to better understand how it moves and what affects it, since if SOFR is low this strategy greatly suffers. Looking at SOFR historical data I see that now is pretty high, and projections say it should rise. But the way it moves, and if a long-term period of low SOFR is a possibility, this is still not clear to me. 2) "sell" overnight fee is positive for us now that VIX is low, since most people bet on "long". But if VIX were to spike up then "sell" overnight fee would become negative (as most people would "sell" it). Is this what determines if the "sell" overnight fee is positive or not, what the majority bets on ? Thanks, Fernando PS: Yes I agree with your analysis that $55 is a very safe price target to use, and your excel table is very very helpful. It's just that if I invest a substantial amount I prefer to be super cautious, just looking for small safe gains!

    • @jrdnbshp
      @jrdnbshp 5 днів тому

      Hey Fernando - in my experience with this strategy over the past 12+ months, SOFR doesn't seem to influence it. Perhaps Capital just changes their rate to make SOFR irrelevant - or something else - but I've never had to pay much attention to it. I don't know exactly how Capital determines their overnight fee, and I don't think they're public with that knowledge. Anecdotally you're correct that when the VIX rises the short position overnight fee falls, but for the very vast majority of the days I've tracked (well over 95% of days), it's been positive. Have you opened an account yet? I'd strongly encourage you to start testing the strategy in demo mode to get some hands-on experience, if you aren't already. You'll learn a lot that way - that's how I developed the strategy myself. Cheers, Fernando.

    • @yes_please6240
      @yes_please6240 4 дні тому

      @@jrdnbshp Hi Jordan and thanks again for the second reply. Yes I've had an account on capital for 6 months already, and I tested your strategy for the last 4 weeks ish (so far so good, works smoothly as you described it :) Just worried that this strategy might work only if SOFR stays pretty high (like it has since start of 2023). This strategy just seems to good to be true to work all the time under all conditions, just checking if it has some weaknesses! Thanks a lot again and I won't bother you anymore, your replies have been much appreciated man. PS: if you go on capital and type "What is the overnight funding fee?" you can check the info about SOFR and how they calculate overnight fee

  • @mcsun2628
    @mcsun2628 11 днів тому

    thank you jordan. I always had the scotiabank AMEX gold, but will be cancelling that after this year since i am getting the AMEX colbalt as that will be my daily. Will be getting the platinum next year.

  • @matttm3
    @matttm3 12 днів тому

    Annual companion pass is why I keep this card. I do cobalt for food and streaming and rest of expenses on this card

    • @The1980toyota
      @The1980toyota 7 днів тому

      In the video it he says you get a pass to the maple leaf lounge with air Canada flights with a “companion” can you confirm if that is correct? Can my wife enter the lounge with me if I have a reserve card?

    • @matttm3
      @matttm3 7 днів тому

      @@The1980toyota yes so just go to the counter to register your wife as a guest whenever you fly with her. This also works at the air Canada cafe. You will have to show your card. This works when on a star alliance flight as well. Just be aware with the maple leaf lounges in the US as some staff reject this policy and aren’t trained on it. I didn’t even get in as a main cardholder when I was on a united flight even though I called Amex and they talked to them.

    • @The1980toyota
      @The1980toyota 7 днів тому

      @@matttm3 thanks, I’m sure I’m gonna have a large learning curve. On paper the insurances look like they have us totally covered. I hope they stand behind it. Cheers

  • @LewisThornton-h5r
    @LewisThornton-h5r 12 днів тому

    What is the maximum you can lose? If say i invest 1000 at 16.45 price, arouns 25 contracts, it doesnt use the entire $1000 to do this. What i am concerned about is if there is any significant volatility, will i ever lose (worst case scenario) my entire 1000?

    • @jrdnbshp
      @jrdnbshp 12 днів тому

      Yes, you could lose your entire $1,000, though for that to happen, the VIX would need to increase $40, since $40 x 25 contracts = $1,000. You can never lose more than what you have deposited. Here's what happened earlier this month: the VIX increased to $36 and then dropped back down to where it is now. A lot of people made a lot of money shorting the VIX over the past few weeks, and they continue to earn very strong overnight fees on those winning positions right now.

    • @LewisThornton-h5r
      @LewisThornton-h5r 12 днів тому

      @jrdnbshp Thank you for your reply, I am still a novice in this however would like to learn more. I have watched many of your videos but still trying to understand some concepts. In this circumstances as you have mentioned, at $36 would this same strategy still work? I assume the overnight fees would be greater as the vix drops? This would also value this position much higher once it has dropped lower, would it be better to hold or then close and take that profit? Ultimately I would like to gain a greater understanding on how to eventually earn an income from using some of these strategies. My rough calculations on scaling this by still being conservative could potentially do this if I invested more, however it's a patience game and i want to learn as much as I can to ensure success. Much appreciated your responses and videos, thank you kindly

    • @jrdnbshp
      @jrdnbshp 11 днів тому

      Hey Lewis, if you haven’t already, watch this video I made about the VIX: ua-cam.com/video/SYOzx6Xqohs/v-deo.html It answers many of the questions you’re asking about, and shows you a slightly different strategy for trading the VIX - a strategy that's been extremely profitable during the market volatility we experienced earlier this month. I think you’ll find it pretty insightful.

  • @murman3960
    @murman3960 14 днів тому

    Who withdrew the money and how much it costs to withdraw?

    • @jrdnbshp
      @jrdnbshp 13 днів тому

      I've withdrawn many times, and withdrawals are free.

  • @JulieMacKay-cd9hp
    @JulieMacKay-cd9hp 18 днів тому

    Nexus costs have gone up

  • @LeonardGabrielng
    @LeonardGabrielng 20 днів тому

    hi what leverage should i use for this method?

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      Hi Leonard - for you, I'd recommend not using easy leverage for now, because I think you have quite a bit to learn before doing anything with leverage. I'd recommend spending some time in demo mode and only start making very small trades ($1, $5) in live mode when you're ready. I don't want you to make a mistake and lose some money. Good luck.

    • @LeonardGabrielng
      @LeonardGabrielng 19 днів тому

      @@jrdnbshp hi thanks for the reply easy leverage means? using 100:1? 3:1? i dont understand.... which position should i hold? i followed the video but everyday in my demo acc its just adding 2 cent 12 cent on a 1000$ acc and the p&l goes up to quite high so i am concerned if my overnight fees cannot cover the p&l and whether these cents every day can earn me anything

    • @jrdnbshp
      @jrdnbshp 15 днів тому

      The overnight fees you're receiving are currently 0.55% per day, so you should be earning a lot right now. As for leverage, I personally use the highest amount of leverage possible (often it's 20:1), since that makes the trade slightly safer by keeping more of your margin (the funds you've deposited) available. Just make sure you're selling the number of contracts shown in the spreadsheet.

  • @adajio5849
    @adajio5849 21 день тому

    Plz do more videos about vox I want to learn your strategies

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      Thanks, Adajio. I've got a few more VIX-related videos on my channel, make sure you watch those if you haven't already. They lay out some pretty clear (and profitable) strategies for trading the VIX. Good luck, let me know how your trades go over the next few weeks.

  • @kelvin-zh9fm
    @kelvin-zh9fm 21 день тому

    Hi jordan, started following your strategy around 2 months back, and opened a ton of positions when vix spiked last week. So far, it's been going swimmingly, and i want to thank you for that. Though it almost does seem too easy, and im a little wary of things when they seem too good to be true. I'd like to learn and seek your wisdom on this - how is it possible that the returns are so high and consistent for such a low risk strategy? What is the rationale of the traders on the other side of these trades funding these gains?

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      Hey Kelvin, glad to hear my videos have been helpful for you - the last 1-2 weeks have been extremely profitable for all of us haha. To answer your question, these trades aren't the same as buying a stock, where there's always a seller on the other side. That's part of the reason this method of trading is so much more predictable than trading stocks; since we're dealing with a derivative, investors can't impact its price directly. (Think of how a derivative works in calculus, if that helps you at all.) Keep me posted on how things are going!

  • @CatJournal
    @CatJournal 21 день тому

    How about withdrawing issues?

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      None. I withdraw whenever I want, and the funds are back in my bank account within ~2 days.

  • @LeonardGabrielng
    @LeonardGabrielng 21 день тому

    hi where can i find and make a spreadsheet like yours?

    • @jrdnbshp
      @jrdnbshp 21 день тому

      Hi Leonard, there's a link to the spreadsheet in the description.

    • @LeonardGabrielng
      @LeonardGabrielng 21 день тому

      thanks! can u suggest other shares to invest in?

    • @jrdnbshp
      @jrdnbshp 21 день тому

      I don't pick stocks, so unfortunately I can't. But here's another strategy that's been working well for a lot of people lately - maybe you'll find it interesting too: ua-cam.com/video/SYOzx6Xqohs/v-deo.html

    • @LeonardGabrielng
      @LeonardGabrielng 21 день тому

      @@jrdnbshp like example how do u choose the stocks that u are buying? for overnight fees i dont think bitcoin is good i want to try on the demo account and see whether it works

    • @LeonardGabrielng
      @LeonardGabrielng 21 день тому

      hi if my profit is 10$ without the overnight fees should i cash out?

  • @WWIFrantic
    @WWIFrantic 21 день тому

    What I still doesn't understand is how can i sell something, which i didn't buy? Normaly i buy something and then sell it. I also watched a Video, which they said shorting a stock is very dangerous beceause your losses can go limitless. Is this not a Problem here?

    • @jrdnbshp
      @jrdnbshp 21 день тому

      Yes, that's correct, and that's why I recommend the strategy I outline here. You make a series of small trades rather than one large trade because that keeps your risk significantly lower. Setting the stop losses protects you against the possibility of the VIX increasing while you're in the trade. It's all about minimizing risk. Plus, you only enter the trade when the market is highly favorable, which helps to protect you as well. I suggest trying it out with a demo account - it'll help you wrap your head around how the trade works. Link in the description.

    • @WWIFrantic
      @WWIFrantic 21 день тому

      @@jrdnbshp At the Moment the VIX is at 16, which is very low. So i don't think it is worth to sell now?

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      I know more than a few people who locked in some nice profits riding the VIX down over the past 2 weeks or so, following the strategy in this video. Did you get in as well? Now is a great time to be Overnight Fee Harvesting. I saw you commented on another video about that, so I'd recommend looking deeper into both strategies if they sound like something you want to try.

  • @WWIFrantic
    @WWIFrantic 22 дні тому

    Is this realy working?

    • @jrdnbshp
      @jrdnbshp 21 день тому

      Yes, though I encourage you to use demo mode (fake money) to test it out for yourself so you can see that it works. Then you can see firsthand proof based on your own actions.

    • @WWIFrantic
      @WWIFrantic 21 день тому

      The third Link isn't working😢

    • @jrdnbshp
      @jrdnbshp 20 днів тому

      It works when I click it.

  • @armandozakeri5210
    @armandozakeri5210 23 дні тому

    Please make a video on the Amex gold card in Canada - your videos are great!

  • @charleen9722
    @charleen9722 24 дні тому

    Thanks a lot for this perfect informative Video!!!

    • @jrdnbshp
      @jrdnbshp 24 дні тому

      Glad I could help, Charleen.

  • @tomasdyntar7423
    @tomasdyntar7423 26 днів тому

    Why is it that the short position overnight fee is negative right now? That means I should buy instead of sell?

    • @jrdnbshp
      @jrdnbshp 25 днів тому

      When the VIX spikes quickly like it did about a week ago, the short position overnight fee may flip to negative. This is normal, and it will go back to positive very soon. This does NOT mean you should buy now. It just means you'll pay fees for a few days and then continue receiving them later on. Like I mentioned in my other comment, if you watch my video on trading the VIX (currently titled "How to profit from market volatility (using the VIX)"), you'll learn a very simple strategy that shows you exactly how to earn some pretty substantial profits from the VIX in situations like these. And the past week has worked out exactly like the other scenarios I show in that video: the VIX has spiked quickly and fallen slowly, which has created an easy opportunity to profit. Here's that video, I hope it helps: ua-cam.com/video/SYOzx6Xqohs/v-deo.html

    • @tomasdyntar7423
      @tomasdyntar7423 22 дні тому

      @@jrdnbshp One last question about VIX. Does the price that you sell for affects the over-night fees? I just sold VIX 4 days ago above 19 now it dropped under 17 USD. The overnight fee is still negative tho. I don't know if I should buy now and just sell when the fee is positive?

    • @jrdnbshp
      @jrdnbshp 21 день тому

      Nice move! You obviously made a nice profit on that - I did the exact same from 25 down to 16 over the past 10 days or so. Personally, I'd keep the positions open and wait for the fees to flip back to positive, which should happen very soon. That will put you in a great position, since you've already got the profit on the VIX movement itself, and then you'll also be earning overnight fees every night as well. That's the ideal position everyone wants to be in. Of course, if you just want to capture the profits you've already earned from the VIX movement, closing the positions wouldn't be a bad move, either. It's hard to argue with closing your positions at a high profit, which is where you're at right now.

  • @tomasdyntar7423
    @tomasdyntar7423 26 днів тому

    Do you close the position at the end of the month and open new one with the same money+interest or do you just open new tab every month (having multiple active positions at the same time) ?

    • @jrdnbshp
      @jrdnbshp 25 днів тому

      Don't close your old positions, just open a new position and maintain multiple at the same time.

    • @tomasdyntar7423
      @tomasdyntar7423 25 днів тому

      @@jrdnbshp Thanks for quick reply❤. I'll definitely check out the other video. However, I'd like to ask about your answer on this question. Why wouldn't you just "buy" it and then "sell" it again with better rate? For example when the value changes from the former 14 to like 19. Or is there some cumulative effect? Does that make sense, hope I understand that well.

    • @jrdnbshp
      @jrdnbshp 25 днів тому

      It won't help you at all - you'll just end up unnecessarily paying the spread twice, so you'll be worse off doing what you're suggesting. But if you still think it's a good idea, test it in demo mode and you'll see what I mean. Learning from experience is always the most helpful.

  • @tabishalis
    @tabishalis 27 днів тому

    Can Canadians do this? Im trying to sign up and says its not available in Canada.

    • @jrdnbshp
      @jrdnbshp 27 днів тому

      Unfortunately you cannot sign up with a Canadian ID. But if you have a non-Canadian piece of ID (or you can sign up using a residence address that's outside of Canada), it will work for you.

  • @mdhatter2856
    @mdhatter2856 28 днів тому

    is there leverage use or is it 1/1

    • @jrdnbshp
      @jrdnbshp 28 днів тому

      I use leverage for this trade purely because it makes it even safer (since you have more of your own margin on the sidelines), but you don't necessarily need to. It's not structured like a typical leveraged trade that becomes riskier the more leverage you use, since the suggestions in the spreadsheet are just as conservative whether you use leverage or not. If you're considering the strategy but want to see how it works when markets are turbulent like they are this week, I'd suggest opening an account (link above) and playing around in your demo account. Then, once you get comfortable with things, invest whatever amount of real money you're comfortable with (even if it's just $20).

  • @liaoweien
    @liaoweien 29 днів тому

    Thanks a lot for your amazing content. I am wondering if it is possible to execute vix option and vix future contract in a single combo LIMIT order (All or nothing)? i would like to set it as a limit order, not a market order and execute it at the same time (ALL or Nothing). Thanks in advance.

    • @jrdnbshp
      @jrdnbshp 29 днів тому

      Hi Wei, great idea, but that's not what we're doing here. If you want to trade VIX options, you'll need to do that elsewhere. Alternatively, if you want to learn another pretty creative way of profiting from the VIX, watch my video "How To Get Filthy Rich From One Investment". It's a passive income strategy that uses the VIX. It's different from the strategy I set out here, and much easier to pull off, since you don't need to time anything correctly. With that said, though, now is a perfect time to short the VIX as it slowly falls back to baseline. Good luck.

  • @joshdonsky8418
    @joshdonsky8418 29 днів тому

    Great video, I didn't know the reserve card had access to the concierge services. I have had the card for a few months now and didn't know! They also don't have it advertised on their website.

  • @Kiddiroo
    @Kiddiroo Місяць тому

    Hi. I followed the spreadsheet but the short position is minus figure and the long is a positive so this is the opposite?

    • @jrdnbshp
      @jrdnbshp 29 днів тому

      Yes. I replied to your other comment. The overnight fees temporarily flip from positive to negative (and vice versa) when the VIX spikes up like it has over the past few days, but they'll flip back to the way they normally are very soon. Now is a great time to set yourself up for some major VIX profits.

    • @andreafedele9857
      @andreafedele9857 29 днів тому

      @@jrdnbshpdoes this temporary flip mean that your short positions now are charging you overnight fees?

    • @jrdnbshp
      @jrdnbshp 29 днів тому

      Yes. When the fees flip back and the VIX drops, you'll be in a very good position. If your live account isn't funded yet, at least try it in your demo account so you can see how things go. Then you'll be ready to capitalize on this next time.

    • @Kiddiroo
      @Kiddiroo 29 днів тому

      @@jrdnbshp many thanks. So, is it worth hanging on or just buying it now either way

    • @jrdnbshp
      @jrdnbshp 29 днів тому

      If you're already in the trade, definitely hold onto your positions. And if you're considering getting into the trade now, I would, but slowly (over several days). Use the spreadsheet to your advantage and just stick to what it suggests. If you do, you'll be in an extremely good position once the VIX drops back down.

  • @Kiddiroo
    @Kiddiroo Місяць тому

    I have just done the overnight harvesting with the spreadsheet. The short position is -23 and the long position is +21. So I would make a loss on this. Is that right and will that change?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, that's correct, and yes, that will change. The overnight fees temporarily flip from positive to negative (and vice versa) when the VIX spikes up like it has over the past few days, but they'll flip back to the way they normally are very soon. Now is a great time to set yourself up for some major VIX profits.

  • @stoneycreekstorm7287
    @stoneycreekstorm7287 Місяць тому

    Can you receive the welcome bonuses for the amex aeroplan card and the amex aeroplan reserve card?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, you can get both welcome bonuses if you're approved for both cards. The links above have the full details on the bonuses.

  • @annon123
    @annon123 Місяць тому

    What are you doing now? VIX spiked but is dropping, do you wait another day before shorting? Its very tempting.... Also why dont you trade the future vix? no overnight costs, you're just paying your broker to replicate the front futures contract

    • @jrdnbshp
      @jrdnbshp Місяць тому

      I've opened some short positions already, and I plan to open more over the next 24-48 hours if the VIX continues to cool off. If you're considering investing and don't already have an account open, though, that should definitely be your first step. It can take a bit of time to get your account approved and funded. I discuss my overnight fees strategy (which I call "overnight fee harvesting") in a few other videos. It's one of the reasons I use Capital instead of trading the VIX in any other way.

  • @dipenpatel9356
    @dipenpatel9356 Місяць тому

    So currently The vix is showing a negetive percentage on short position help overnight. If I short it, I will have to pay the price. Will it change once vix cools off?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, you're correct, and this is very normal in situations when the VIX spikes quickly, like it has over the past few days. I can't say when the overnight fee will flip positive again, but this generally doesn't last long, and you'll be back to earning overnight fees every day once it does. Also, situations like these can be very good times to capitalize on high VIX prices, which I can see you're already thinking about. You can capture some very large gains as the VIX falls back down toward baseline. Just don't get overly aggressive.

    • @WilliamD-v7t
      @WilliamD-v7t Місяць тому

      @@jrdnbshp I had the same question. Thanks for clarifying

    • @dipenpatel9356
      @dipenpatel9356 24 дні тому

      @@jrdnbshp thanks

  • @BloodFury_X
    @BloodFury_X Місяць тому

    For raw cashback this my setup: 1) TD Visa Infinite Cashback (3% gas, groceries, and reoccurring bills 2) Canadian Tire World Elite Mastercard (5 cents for every liter in savings on gas, roadside assistance, discount on oil changes) 3) Rogers World Elite Mastercard (2% on any purchase and 3% of any US purchase) TD also has roadside assistance, but I found Canadian Tire to be better. I use TD for the mentioned categories, and if if I can't find Canadian Tire or Petro Canada gas stations. I use Rogers World Elite for pretty much everything else. Tbh, you could get away with just the TD and Rogers but I don't mind having all 3. PS: I do not like travel points as it can vary in value. Cashback is cashback, no negative consequences. Also, Rogers master card is only 2% cashback for rogers or fido customers ( I have phone with Rogers), for rest it is 1.5%.

    • @thegreatest9282
      @thegreatest9282 23 дні тому

      You know that rogers will give 3 percent cash back on everything if you redeem it against a rogers/ fido purchase

    • @Tribuneoftheplebs
      @Tribuneoftheplebs 14 днів тому

      ​@@thegreatest9282 is a phone bill considered a rogers purchase?

    • @thegreatest9282
      @thegreatest9282 14 днів тому

      @@Tribuneoftheplebs well yes

  • @kelvin-zh9fm
    @kelvin-zh9fm Місяць тому

    The overnight fee just went negative percentage. So I'm losing money holding this position? I assume your strategy anticipates that this negative percentage will not last for long?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, that's totally normal in situations when the VIX spikes quickly, like it has over the past few days. I can't say when the percentages will flip positive again, but this generally doesn't last long. When this happens I'm thinking much less about losing a bit of money in overnight fees and much more about capitalizing on these high VIX prices. It's an excellent time to double down on your positions and capture some large gains as the VIX falls back down toward baseline.

  • @WilliamD-v7t
    @WilliamD-v7t Місяць тому

    Hi, the VIX just spiked well above your threshhold of 55 (it was 62 once). Would that have been a problem for this strategy?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Hi William - it would have been an issue if the VIX inside Capital (the broker I make these trades with) had also spiked above $55, but the highest it's been over the past few days of market turbulence is $35, so any positions opened following the Overnight Fee Harvesting strategy are still doing fine. The VIX inside Capital is a CFD, so it can behave a bit differently during market turbulence, which is why its price isn't the same as the VIX you see on Google. If you're considering investing now, I'd suggest waiting a day or two to see what the VIX does next. I talk about the "spike quickly, fall slowly" behavior of the VIX in other videos, and I generally don't recommend opening positions when the VIX is as volatile as it has been so far today. Better to wait until later this week and see if it continues to spike or if it falls into a slow decline.

    • @WilliamD-v7t
      @WilliamD-v7t Місяць тому

      @@jrdnbshp Thanks for your fast answer. If I have understood correctly, the biggest risk is that you get margin-called, when the difference between your sell-price and current price times number of contracts surpasses your account balance. Is that true?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, you got it. I recommend testing the strategy out in your demo account inside your Capital account so you can get a feel for how it works. It's all very straightforward, but seeing things with your own eyes will give you the confidence to start investing with real funds.

    • @WilliamD-v7t
      @WilliamD-v7t Місяць тому

      @@jrdnbshp ok, thank you for your insights! I have made an account and will try it out.

  • @newbiegain117
    @newbiegain117 Місяць тому

    a very good credit, which card shud I buy? Im still liking cobalt, switch from my gold business amex.

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Which card(s) do you have now? Just the Cobalt?

  • @MrPerfusionist
    @MrPerfusionist Місяць тому

    Great video. Is it 1.25x on all other purchases or 1.5x ?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      1.25x. Nice Lifemiles trick!

  • @DefeatedVictory
    @DefeatedVictory Місяць тому

    You don’t get four passes with the BMO cash back. You need to paid 32USD per access

  • @Nnja4268
    @Nnja4268 Місяць тому

    Is the cobalt card still worth getting if you already have the BMOWE card?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      In my view, yes

  • @rianne41
    @rianne41 Місяць тому

    Hey Jordan, thanks for the video. Nice explanation. I just started a month a go. I need to give up my Tax Identification Number. i can't find out if a have that and if it is realy necesarry. Do you know anything about that.

    • @jrdnbshp
      @jrdnbshp Місяць тому

      This is a pretty standard request from any broker, not just from Capital. Google it for your country and you'll generally be able to figure out what your tax ID is.

    • @rianne41
      @rianne41 Місяць тому

      @@jrdnbshpthanks for the reaction. Good luck with everything you’ve doing.

  • @604nation
    @604nation Місяць тому

    Great videos and content 👍

  • @ahmadabid7501
    @ahmadabid7501 Місяць тому

    Hi Jordan, Hope you're doing good. I'm not able to find Excel sheet of leverage. It will be great if you can share the direct link. thank you. By the way You're Awesome

    • @jrdnbshp
      @jrdnbshp 25 днів тому

      Hey Ahmad, I just sent you the spreadsheet right now, check your email!

  • @daniellinder4454
    @daniellinder4454 Місяць тому

    Make this shit private, before they patch it

    • @daniellinder4454
      @daniellinder4454 Місяць тому

      Can I invest the money that's on the account on other stocks or is it needed for the volatility index?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      You can invest the additional money into stocks, but I wouldn't recommend that, because you'll be taking on additional risk for a relatively low return. Just leave it sitting there protecting your OFH investment.

  • @bfhorvath
    @bfhorvath Місяць тому

    I need a leg up on how to use the Platinum concierge better. Got any pointers for me?

  • @madhavjoshi9781
    @madhavjoshi9781 Місяць тому

    GOOD SUGGESTIONS

  • @chrismitchell6478
    @chrismitchell6478 Місяць тому

    Why would any Canadian want an Amex card unless they do an extreme amount of traveling. They aren't accepted anywhere except for major travel destinations and airports.

    • @GravityXVI
      @GravityXVI Місяць тому

      I've been using mine for a few months now and so far it only happened a few times where the merchants did take AMEX

    • @newbiegain117
      @newbiegain117 Місяць тому

      @@GravityXVI most food stores dont take amex, they're cheap and from foreign countries, amex is not looking practical

    • @ludo_
      @ludo_ 22 дні тому

      I only use my amex card and Ive been doing so for the past 2 years. Rarely had any issue.

    • @majinraptor
      @majinraptor 15 днів тому

      I live in Vancouver and the vast majority of outlets accept Amex. I ve had my amex for 4 years and love it. It's accepted like 90% of the time.

  • @n1k0flow
    @n1k0flow Місяць тому

    Have you ever tried withdrawing? Was it easy?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Yes, withdrawing funds is as easy as depositing them. It may take a few business days depending on your withdrawal method, which is normal.

  • @salemalkuwari6934
    @salemalkuwari6934 Місяць тому

    i wish more people would see this video you are a legend man Love from qatar

    • @jrdnbshp
      @jrdnbshp Місяць тому

      Thanks, Salem. How's overnight fee harvesting going for you?

    • @salemalkuwari6934
      @salemalkuwari6934 Місяць тому

      @@jrdnbshp as soon as i started the market closed for 2 days here our weekends are different but hopefully soon i will get my first Overnight fee and i will update you good sir ❤️

    • @salemalkuwari6934
      @salemalkuwari6934 Місяць тому

      @@jrdnbshp i have a question why did my overnight funding go from 7 to 8 now at 3 dollars?

    • @jrdnbshp
      @jrdnbshp Місяць тому

      The overnight fee percentage changes all the time, so that's not unusual. The calculations in the spreadsheet use long-term averages, so even if you're earning less than average now, you'll earn more than average later, too.

    • @salemalkuwari6934
      @salemalkuwari6934 Місяць тому

      @@jrdnbshp ohh okayy thank you man btw i have made my first profit i went from 100 to 250 all thanks to you man ❤️

  • @adityapatel9735
    @adityapatel9735 Місяць тому

    I am american why am i even here

    • @freedomlife3623
      @freedomlife3623 18 днів тому

      Yes, why? American gets lot better offers for points offer, enjoy.