Wow, what an opening week for the stock market. Shares have suffered their worst opening week in many years. The first week of 2016 has resulted in many stock market investors questioning their methods and tactics as the overall market has been smacked down due to a variety of international pressures. First there is the trouble in China with the Central Bank making bold moves to help support the economy. Next, the always volatile North Korean government has returned to its old tricks of making threats. The stock market hates uncertainty and the current conditions possess huge amounts of...
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5 Rules For Option Selling Success
Investors are scrambling to find income in today’s ultra-low yielding environment. The low interest rates as well as fewer and fewer solid stocks paying consistently high dividends have forced the savviest investors into more esoteric ways to earn income from their portfolios. Add in the fact that it appears that the stock market has reached a short term high, at the very least, and it paints a difficult picture for traditional income seeking investors. One of the most popular ways to ramp up income from the market is selling options. Also known as writing options, this is a proactive ...
MoreThe Stocks This Janitor Bought To Amass An $8M Fortune
Never judge a book by its cover. This universal rule can be applied to most of life. From books to people, what you see isn’t always what you get. The rule is particularly accurate when it comes to personal wealth. In fact, true wealth often manifests itself in the opposite way that most would expect. Let me explain, you see someone driving a new Ferrari and wearing the latest expensive designer fashions, it is automatically assumed that this person is wealthy. The opposite could be said for someone sweeping the floors in an office building or pumping gas at your local gas station, it ...
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