Howard Hughes was among the wealthiest men on the planet for a number of years. His playboy style lifestyle still rivals the wildest modern-day bon vivants. Despite all his partying and pushing the edge type life, he was an extremely astute investor. Successful forays into Hollywood movie making and aircraft building via Hughes Aircraft Company built an empire of real estate and corporations. His estate was $2.5 billion by the time of his death in 1975. Despite his vast wealth, Hughes did not meet a kind demise. Obsessive compulsive disorder, drug abuse, and other ailments sent the bil...
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Using Calendar Spreads To Profit In Any Market Condition
Many stock investors are fearful when it comes to trading options. Horror stories abound on financial message boards about traders who were wiped out or took huge losses when venturing into the options arena. While these stories are likely true, it’s critical to note that the losses are due to the investor’s inexperience or disregard for the risky nature of options. Like in all types of investing, risk is part of the game in options. Knowledge is what prevents fear and turns options into profit making tools. The good news is that by understanding the variety of option strategies, option...
MoreThese BioTech Stocks Are Ripe For A Takeout
There are very few stock market sectors that provide the consistent volatility and profit potential of the biotech industry. In fact, outside of derivatives, it can be safely said that biotech stocks are the number one fastest way to earn quick profits in the entire equity market. The above graph from Forbes Magazine illustrates the extreme potential of the sector. The chart shows the distribution of returns for every biotech IPO since 2013. As you can see, a substantial percentage gained greater than 100% over the last two years. However, at the same time, a disturbing number plunged 2...
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