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Alan Ellman says "Be CEO of your own money!"

The Blue Collar Investor WeBlog Investment Strategies by Alan Ellman

Entries from April 2008

USING STOCK OPTIONS TO NEUTRALIZE NEGATIVE CASH FLOW PROPERTIES / PART II – Real Life Example

April 29th, 2008 · 12 Comments

Make money so you don’t lose money. No, this is not a quote from Yogi Berra! It’s me, Alan, speaking and I make no apologies for this seemingly sophomoric statement. On April 12, 2008, I wrote an article wherein I described a negative cash flow property I own in Florida. I was losing $800 per [...]

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Tags: Cashing in on Covered Calls · Live Application

USING STOCK OPTIONS TO NEUTRALIZE NEGATIVE CASH FLOW PROPERTIES

April 12th, 2008 · 10 Comments

The light bulb went on! I have a property in Florida that is negatively cash flowing. I also have a skill generating cash by selling stock options. This is a marriage made in heaven! When I started trading stock options, the cash was used to pay for my son’s college education, the purchase of my [...]

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Tags: Cashing in on Covered Calls · Florida Real Estate · real estate · sub-prime mortgage crisis · tax-sheltered accounts