It's pretty clear by now, from the rhetoric that the Federal Reserve is suggesting, that they are willing to break the system in order to get what they need. Casually shifting the markets perspective on monetary policy changes is not enough...so they are going to keep rates higher for longer by not doing anything. They won't raise rates and they won't cut rates, and this will bring in even more risk. They are doing this because they want a massive banking crisis...for several reason. First, it allows them to use whatever means necessary to step in and bailout the remaining banks that don't go under. Second, it shifts society's perspective on adopting a Central Bank Digital Currency. Third, it continues to expand the destruction of the middle class. This is the most obvious agenda, because it includes everything they ever wanted. So, expect another crisis like the pandemic, but this time it will be for the banks.
Another simple strategy which I would like to use when it makes sense is simply writing puts to buy stocks on dips. If the stock dips down you get the shares and if the stocks don't dip you get the premiums. Then there's of course the covered call that can provide income on shares you are holding.
Regarding those covered calls, I am happy to let the folks at JEPI handle these strategies for me for the time being. I think if I get to holding a company that has highly liquid options I may try some of these strategies on my own but much of my individual equity purchases are gold miners which are not doing great in the capital markets at the moment. Maybe some day. I'm a big fan of TRX Gold and have been acquiring them for years, they are really ramping up production lately.
Are we really any better or making a stand by choosing to remain and play in this system? No disrespect to anyone but just asking an honest question. I've tried as much as possible to get out of this system still have to deal with cash but pretty much done away with stocks , credit cards ect and transact local when ever possible I dont know what else to do until more people stand and say no.
KEEP DOING IT! There are many people out there who wants to LEARN & IMPROVE their financial status to get out of a corrupt financial debt system that is "rigged" to enslave people who are oblivious of the system.
personally, i need to see this over and over again. this time; i've printed it with the intention to really study and understand it. however the reality is that I am NOT a day trader (as much as i'd love to be!!) My reality just doesn't look like that right now). That said, GM when you have a perfectly coherent paper like this, as well the get out of debt (GOD) strategy, I REALLY APPRECIATE IT!!!
TAKE IT OR LEAVE IT!!! It was Greg's comments as an options "seller" that intrigued me and made me learn more about it. I've been selling puts (only on companies I like to own) & covered calls since then. Love it! Thank you, Greg.
I need an action partner to be able to do what you're doing. would you be willing to talk one-on-one Maria? I don't have a lot of money, but i'd like to dabble within my comfort zone and any help or feedback would be appreciated, especially if it's informed by one of GM's "Lions" :) (Lioness?)
You may want to check Brad Castro's GREAT OPTION TRADING STRATEGIES website and others. I know that my online broker required a minimum amount and experience to get approved in selling options. I do not use Margins to mitigate risk and to avoid PDT(Pattern Day Trade) rules. If starting with small amount to buy & sell stocks, check brokerages where you can purchase fractional shares like Charles Schwab, IBKR, etc. You MUST do your due diligence. Research and paper trade to practice first . Goodluck!
I didn't reply to you. In the meantime, you are part of the problem. Hate it, and I will comment anyway I like. It will end badly for you. Meantime, quit responding me and I'll do the same. You mean nothing to me.
One of Greg's ideas is helping me towards financial independence so I responded to you who seem bitter to learn things that work. What is your goal being in this group because you claim that those who participate in the stock market are part of the problem? Are you trying to discourage Greg's audience from trading? Doesn't Robert Kiyosaki already have a platform for that- he loves RE, hates the SM? I hope it will not end badly for me because I diversified in country and currency- hard assets, etc. I am already set up in another part of the world besides the West, with multiple passports. By the way, I have 5 favorite charities that I donate to on a regular basis. Did you know that one secret in having an abundant life is GIVING? Greg advocates charity, too. So, do I need to mean anything to you? NO! Adios!!!
It's pretty clear by now, from the rhetoric that the Federal Reserve is suggesting, that they are willing to break the system in order to get what they need. Casually shifting the markets perspective on monetary policy changes is not enough...so they are going to keep rates higher for longer by not doing anything. They won't raise rates and they won't cut rates, and this will bring in even more risk. They are doing this because they want a massive banking crisis...for several reason. First, it allows them to use whatever means necessary to step in and bailout the remaining banks that don't go under. Second, it shifts society's perspective on adopting a Central Bank Digital Currency. Third, it continues to expand the destruction of the middle class. This is the most obvious agenda, because it includes everything they ever wanted. So, expect another crisis like the pandemic, but this time it will be for the banks.
Thanks GM. I need to take a live class. There are so many available, but ridiculously priced.
Many are not worth their salt.
Please research before giving your $$ to a FURU.
Too bad Greg doesn't have a class.
100%, thank you for the reminder. Yes, too bad is right.
Thanks for the options informaton!
Awesome summary, Thank you SO much for your hard work!!
~ Lava
Another simple strategy which I would like to use when it makes sense is simply writing puts to buy stocks on dips. If the stock dips down you get the shares and if the stocks don't dip you get the premiums. Then there's of course the covered call that can provide income on shares you are holding.
Regarding those covered calls, I am happy to let the folks at JEPI handle these strategies for me for the time being. I think if I get to holding a company that has highly liquid options I may try some of these strategies on my own but much of my individual equity purchases are gold miners which are not doing great in the capital markets at the moment. Maybe some day. I'm a big fan of TRX Gold and have been acquiring them for years, they are really ramping up production lately.
THE GHOUL has left the building!!!!!
Hey Greg, the MMRI is down.
Great! Thanks!
Does market volatility affect which options strategy to use?
I AM VAULTING SILVER UNLESS THERE SOME SUGGESTIONS FROM LIKE MINDED PEOPLE. I AM BUYING SILVER WITH A HOME EQUITY LOAN .
Are we really any better or making a stand by choosing to remain and play in this system? No disrespect to anyone but just asking an honest question. I've tried as much as possible to get out of this system still have to deal with cash but pretty much done away with stocks , credit cards ect and transact local when ever possible I dont know what else to do until more people stand and say no.
Thanks so much!
Why would anyone choose any of those strategies. If you believe your own MMRI, risk is still very high.
I am putting out this information as every single day I have people ask me questions. This publication is for those people.
KEEP DOING IT! There are many people out there who wants to LEARN & IMPROVE their financial status to get out of a corrupt financial debt system that is "rigged" to enslave people who are oblivious of the system.
Fine, but anyone who participates part of the problem. They can justify it anyway they like.
personally, i need to see this over and over again. this time; i've printed it with the intention to really study and understand it. however the reality is that I am NOT a day trader (as much as i'd love to be!!) My reality just doesn't look like that right now). That said, GM when you have a perfectly coherent paper like this, as well the get out of debt (GOD) strategy, I REALLY APPRECIATE IT!!!
TAKE IT OR LEAVE IT!!! It was Greg's comments as an options "seller" that intrigued me and made me learn more about it. I've been selling puts (only on companies I like to own) & covered calls since then. Love it! Thank you, Greg.
I need an action partner to be able to do what you're doing. would you be willing to talk one-on-one Maria? I don't have a lot of money, but i'd like to dabble within my comfort zone and any help or feedback would be appreciated, especially if it's informed by one of GM's "Lions" :) (Lioness?)
You may want to check Brad Castro's GREAT OPTION TRADING STRATEGIES website and others. I know that my online broker required a minimum amount and experience to get approved in selling options. I do not use Margins to mitigate risk and to avoid PDT(Pattern Day Trade) rules. If starting with small amount to buy & sell stocks, check brokerages where you can purchase fractional shares like Charles Schwab, IBKR, etc. You MUST do your due diligence. Research and paper trade to practice first . Goodluck!
I didn't reply to you. In the meantime, you are part of the problem. Hate it, and I will comment anyway I like. It will end badly for you. Meantime, quit responding me and I'll do the same. You mean nothing to me.
One of Greg's ideas is helping me towards financial independence so I responded to you who seem bitter to learn things that work. What is your goal being in this group because you claim that those who participate in the stock market are part of the problem? Are you trying to discourage Greg's audience from trading? Doesn't Robert Kiyosaki already have a platform for that- he loves RE, hates the SM? I hope it will not end badly for me because I diversified in country and currency- hard assets, etc. I am already set up in another part of the world besides the West, with multiple passports. By the way, I have 5 favorite charities that I donate to on a regular basis. Did you know that one secret in having an abundant life is GIVING? Greg advocates charity, too. So, do I need to mean anything to you? NO! Adios!!!