Investing
79 Alternative Investment Platforms to Earn Stronger Returns, Build Cash Flow, and Diversify Your Portfolio
Listed below is a great article from the Side Hustle Nation blog. Although I would not recommend all of these, some of them I have used and are legit. Most of these are new so do your homework before you invest. And if you have ever used of these, please post your experience in the…
Read MoreOptions Commissions: This 1 Trick Can Save You Thousands
Option Trading Commissions Last week the stock prices of all the major retail brokerage houses took a hit, down several percent. The reason: There is now a price war in commissions. One options brokerage dropped their commission per stock trade from $7.95 per trade to $4.95 per trade. And then another lowered theirs as well.…
Read MoreRetirement Is Worst Case Scenario Insurance
Options trading for retirement Perhaps the concept of retirement (working hard just to stop and do nothing) is flawed. I am currently rereading the book, The 4 Hour Workweek by Tim Ferris. This book is required reading for anyone wanting to live the Option Seller Lifestyle. There is one section that stood out to me…
Read MoreThe 7 Whys of Trading and Investing Success
Trading and Investing: Most successful options traders understand their ultimate purpose in life. Aside from dedication and time that we invest in learning the options trading platform and online options trading, we have to know our ultimate “WHY”. So I stayed inside yesterday and was reading a book called Millionaire Success Habits by Dean Graziosi. You…
Read MoreAvoid This 50% Tax
Missing this deadline could shortchange your retirement plans By Tom Anderson. Thursday, 31 Dec 2015 | 7:00 AM ET|01:08 Original article: http://www.cnbc.com/2016/07/29/older-boomers-face-required-ira-withdrawals-or-a-50–percent-tax.html The first baby boomers are turning 70 this year. That means they soon will have to take a required minimum distribution from their traditional IRAs and 401(k) plans. The stakes are high for…
Read MoreDivorced? How To Get Free Money From Your Ex
Getting divorced sucks. But if you know this trick, which most people don’t, then you can still cash in thanks to your ex. By Sharon Epperson Original article at: http://www.cnbc.com/2016/06/30/5-ways-to-get-your-exs-social-security-benefits.html What you need to know about Social Security and divorce. You and your ex have gone your separate ways, but your Social Security benefits may…
Read MoreUsing an HSA for Retirement
Do you have an HSA? Also known as a Health Savings Account? You can get one of these if you have a high deductible health insurance plan. The benefit is that you can put money into this account and invest that money so it grows. You can withdraw the money whenever you need for a…
Read MoreJohn Oliver’s Advice on Your Retirement Goals
John Oliver of the Last Week Tonight show does a great show on Retirement Goals. Although the bit is very funny, it covers a very serious topic that hits very close to home. If you are saving for retirement, then you definitely need to watch this video. He explains in easy language how we are…
Read MoreYTD Results for 1st Half of 2014
It has not been a good year for the iron condor or most non-directional strategies. They still work but in this one-way market it is easier to just sell Put Spreads and not have to worry about the Call side. Nevertheless, OptionGenius is doing well for the year. At the end of June, the service…
Read MoreTrading Quiz: What Would You Do?
Got an email today from an options trader in trouble. Here’s the situation and what I told her: Would Allen considering giving me a advice fix for my AAPL and GOOG calls? I have January 19, 2013 AAPL $665 bought for $42.41 now $9.90 GOOG $775 bought for $41.30 now $4.50 I sure would appreciate…
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