This site is dedicated to three very specific types of investors:
(Now obviously, I can't make any predictions or guarantees what your results will be if you incorporate any of my ideas, but those are my personal objectives and documented results.)
If you invest like everyone else, you're going to get the same results as everyone else.
And let's face it, everyone's results aren't that great.
Or said another way, there's going to be an awful lot of folks delivering pizza in retirement.
Long term investing and short term trading each have their drawbacks:
More than 10 years ago, I asked myself an innocent but profound question:
"What happens if you combine the best qualities of long term investing and short term conservative option trading?"
The answer changed my life . . . and eventually led to this website.
Repairing Short Puts - Heads I win, tails Mr. Market loses. With the right option trading strategy - which in my biased opinion is the customized put wrting strategy I've developed and fine tuned over the last 15 years - you no longer have to play by everyone else's rules. In this article I share the four possible outcomes of my trades - and explain how, at the end of the day, each one is profitable.
KO - 125 shares
BP - 100 shares
MCD - 30 shares
JNJ - 25 shares
GIS - 25 shares
PAYX - 25 shares
Open Market Purchase Price: $16,066.88
Less Booked Option Income: $10,568.35
Tot. Discount: 65.78%
Adj. Div. Yield: 12.08%