Comments on: Margin Accounts and Covered Call Writing https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/ Learn how to invest by selling stock options. Thu, 19 Apr 2012 08:35:25 +0000 hourly 1 By: Adrian https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-5553 Thu, 19 Apr 2012 08:35:25 +0000 /blog/?p=2967#comment-5553 That’s an interesting article on margin accounts, just a pity there are hardly any questions related to it!
But I have 3 things that I am not quite sure of(in case I ever were to use margin loans), and they are:-
-First I have read that if I had a margin loan, that I should always have a minimum of 20% of my portfolio in my account(as margin) to cover a margin call. But does this seem right?, and if so then would I even need an amount of 20% or would a lesser amount do instead?

– I have also read that in order to use margin loans, I need to have a high ‘taxable income’, and be a low ‘marginal tax-payer’.
Can you tell me if this is true?, – and if so then is there any way I could use a margin loan, as I don’t have a high taxable income?

– Also how would we know that we are so experienced at this strategy, to be able to use them?

If I ever get really good at this strategy then I may possibly use them, even though I think they are pretty risky, and would rather go for any other type of loan if needed first! thanks

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By: admin https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2648 Sat, 06 Aug 2011 18:56:20 +0000 /blog/?p=2967#comment-2648 I’ve spoken to a few Wall Street insiders who feel that the recent downgrade will not have a major negative impact on the market. They regard it as a “slap on the wrist” almost a warning to get our act together. That is why (they hypothesized) only one of the three agencies acted on a downgrade.

Premium members: As my team works on this week’s report, we anticipate most stocks to end in the “pink” cells as market forces are impacting even the best performers. We are also working on a second report, an “Emergency Special Report” discussing management tactics and strategies when market forces are negatively impacting share value. As with the regular weekly report, we will send out an email to our members and post on the blog when this “extra premium report” is available.

Alan

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By: owen https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2647 Sat, 06 Aug 2011 18:08:37 +0000 /blog/?p=2967#comment-2647 Perhaps Congress can save some time. When they hold those hearing about why the credit agencies didn’t sound the warning about the fincancial disaster the banks were getting into in 2008 and 2009, they can also ask how the same credit agencies can possibly consider the US financial condition is anything but perfect.

Can you spell hypocritical?

So, again, if con is the opposite of pro, is Congress the opposite of Progress?

If you choke a smurf, does he turn the same color as Boehner defending tax cuts for millionaires and benefit cuts for Social Security recipients?

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By: Mark T. https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2646 Sat, 06 Aug 2011 16:08:06 +0000 /blog/?p=2967#comment-2646 Just when it looked like maybe the worst was over the downgrade came last night. What to do? It sure will be another interesting week. The worst part is having the whole weekend to think about it.

Mark Tooker

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By: owenCPA https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2645 Fri, 05 Aug 2011 21:17:13 +0000 /blog/?p=2967#comment-2645 Pretty good, Alan.

One of my thoughts is amending the constitution to allow only one Senator from each state, and doubling the population per House member. That cuts the size of Congress in half and eliminates 1,500 support staff. It’s a start.

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By: admin https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2644 Fri, 05 Aug 2011 15:09:43 +0000 /blog/?p=2967#comment-2644 I have received dozens of emails over the past few weeks with members expressing their disgust for Congress. They have had it! Many of you have probably seen an email being sent around titled “How to Fix Congress”. It is not the purpose of this site to take a political tone however our representatives are impacting our wallets in a negative way…big time, so I thought I’d share this email with you:

“This is one idea that really should be passed around. Congressional Reform Act of 2011:

1. No Tenure / No Pension. A Congressman collects a salary while in office and receives no pay when they are out of office.

2. Congress (past, present &future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

3. Congress can purchase their own retirement plan, just as all Americans do.

4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the same health care system as the American people.

6. Congress must equally abide by all laws they impose on the American people.

7. All contracts with past and present Congressmen are void effective 1/1/12. The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work”.

(Me now): By taking away Congress’ candy and video games perhaps they will learn how to behave properly.

Alan

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By: owenCPA https://www.thebluecollarinvestor.com/margin-accounts-and-covered-call-writing/#comment-2643 Thu, 04 Aug 2011 21:42:28 +0000 /blog/?p=2967#comment-2643 I am writing my members of Congress and the Senate to tell them I was all set to write them a campaign contribution check, but their selfish, pigheaded, stupidity crashed the market, and now I can’t afford to send them any money. Oh, well….

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