Option Seller Lifestyle

The Worst Thing About Being an Option Seller

As on option seller, there’s a chance that you get this unexpected type of attraction. Got a call from a friend yesterday. You probably have gotten a call like this one before. I am not going to reveal his name, let’s call him Joe. Joe calls up and got right to the point. “Allen, I…

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Retirement 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…

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F You Money – How much money is enough?

Options Trading: How much is enough? There is this TV show called, Billionaires. It’s a Showtime show but they had the first episode On Demand. The show is about a guy who runs the most powerful hedge fund and his fight with the US District Attorney. In one scene both are face to face and…

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Avoid 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…

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How To Have Your Best Year Ever

Aren’t you amazed how fast the year flies by?  Before you even know it, another year has come and gone.  It’s a great reminder that if you aren’t careful, life can quickly pass you by. I am a big self improvement bug. My library is stocked with books that help me “train my brain” to think…

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Options Seller Lifestyle: Dealing With Grief

Death is a part of life. We all have to deal with it, some sooner than others. But it is never easy. ********** May 4th, 2014 : Sunday night. My sister had called my wife multiple times already today. That was normal since they were best friends and business partners. But today, they wanted us…

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