This past Thursday and Saturday I conducted a webinar series attended by investors throughout the United States and Canada. I am humbled by the response and supportive emails that you sent during and after the presentations. Thank you. Investors had the opportunity to send questions during the course of the webinars and I felt that [...]
MUTUAL FUNDS – The Answer in these Volatile Times?
Since I posted the fact that I stopped selling options in this turbulent market but remained invested in stocks, I have received several emails asking about the efficacy of getting into mutual funds until things normalize. The rationale behind these inquiries were based on the broader diversification that these funds provide and the ability to [...]
A RIDICULOUS SUBPRIME FAIRYTALE plus Tony C. Checks Out Cramer
Once upon a time, there was a great and powerful country called Freemerica. Its people were decent and hardworking and dreamed of one day owning their own home in this leader of all other nations. The people of Freemerica depended on its leaders, President Bungler and members of the House of Ineptitude to protect them [...]
Commingling of Asset Classes plus History Tells Us Not To Worry
Knowledge is Power. This article demonstrates how I accumulated 1.2 million dollars worth of real estate without taking one penny from my savings account. I call this Commingling of Asset Classes whereby I used my knowledge of the Stock Market and Real Estate Market to accumulate this wealth. My story begins in 1999 when my [...]
THE MYSTERY OF CORPORATE BONDS
How many of our fellow Blue Collar Investors understand the concept of corporate bonds? Probably, not many. I didn’t for many years despite self-educating myself in stocks, options, and real estate. I am always angered when media experts start throwing around terms like indentures, par value, defeasance, yield curve among many others and don’t bother [...]
HEDGE FUNDS AND THEIR EFFECT ON OUR INVESTMENTS Plus CSH, a Gem in Hiding
Jim Cramer brought out a great point last week during his TV Program, Mad Money, when he attributed much of the market volatility to “hedge funds gone wild”. He knows an awful lot about hedge funds since he managed one himself in the 1990s. For my readers unfamiliar with the term “hedge fund”, let me [...]
Overnight Millionaire or Victim of the Rig? Plus: My Readers Pick their Favorite Stocks
Your best friend calls you to tell you about a company that has developed a technology so unique that the profits about to be generated will make all investors filthy rich. He read about it on a blog site that his buddy from the the local Pizza Parlor referred him to. Needless to say these [...]
WHEN TO BUY BACK YOUR OPTION – EXPIRATION FRIDAY DILEMMA plus Industry in the Spotlight
Picture this: It’s on or near Expiration Friday and your stock or ETF (Exchange Traded Fund) is above the strike price. You know that if you do not act to institute an Expiration Friday Exit Strategy your stock will be assigned (sold). So what are the factors that will determine whether or not you buy back [...]
EARNINGS REPORTS ARE TELLING US TO BUY STOCKS!
Avoid Earnings Reports like the plague! That’s what I promote in my book and DVD Series, Cashing in on Covered Calls. I stand by that premise for many reasons, the most important is the one that relates to the great returns I have been getting. But ERs do give us information regarding the overall economy, industires, [...]
THE FACTORS THAT DETERMINE THE VALUE OF YOUR OPTION PREMIUM plus Our Readers Pick their Favorite Stocks
So you sold an options contract for $380 and generated a 3.5% 1-month return. Did you ever wonder how the market determined the value of that contract to be $380? The simple equation that most of us know and understand is the following: Option premium = Intrinsic Value + Time Value To review, let me [...]
