The Blue Collar Investor WeBlog

As I was about to publish an article I was working on this past week, the DOW suffered through its worst day since April, on Friday, thereby wiping out much of the gains for October. Many of the “experts” came out of the woodwork explaining why they knew this would occur and the doom and [...]

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Here’s my take on the economy and how it influences our covered call decisions: In a healthy economy, stocks are more likely to appreciate in value and we can then take a more aggressive posture with our investments. This means selling more O-T-M strikes and generating even higher investment returns. If we are experiencing economic woes [...]

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Last year I wrote an article summarizing comments Warren Buffett made in a rare 3-hour interview with Becky Quick on CNBCs Squawk Box. Your response was overwhelmingly positive.  When I got word that Buffett was once again appearing in the same venue, I prepared a pen and pad and started taking notes. Then I summarized the key [...]

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A few weeks ago I wrote an article entitled, Selecting the Best Strike Price. Since then I have received several emails asking for more information as to why I sell I-T-M strikes and the rationale behind my thoughts. I fully understand your concern about this issue since historically Out-Of-The-Money strikes have been the most popular.
Before [...]

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With all the negativity surrounding our economy, with the stock market testing its November lows and with consumer confidence on life support, this author is about to write a positive column. Am I insane? The re-incarnation of Crazy Eddie perhaps (remember him?). As I sit here in my home office typing away, I can just [...]

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