Category: Investments
5 Takeaways from “The Options Wheel Strategy”
“The Options Wheel Strategy” by Freeman Publications covers the cycle of using cash-secured puts and covered calls together. I have personally used this strategy to some extent. The book details the options wheel, selecting the right stocks, and positioning your wheel alongside your more extensive portfolio. After using the wheel for six months, I am…
The Magic of Trading Long Strangles: The Best Passive Options Trading Technique
Have you ever dreamed of creating a money machine? Well, the secret to getting rich is finding a way to generate out-sized returns—and continually repeating the process. I stumbled upon trading long strangles through my options trading journey. The returns have been magical. I am still waiting for the downside to show its face. In…
Income Investing for the Win!!
Have you ever felt totally in control of your life? Have you ever felt that you can handle any and every problem that comes your way? That’s how I feel nowadays. But it wasn’t always like this. Less than five years ago, the world told me what to do, and I followed. The world bullied…
7 Reasons to Become an Income Investor
Are you tired of living paycheck to paycheck or being broke? Do you crave to take your family out to nice restaurants and sports events on the weekends? There are three ways to climb out of the rat race: getting promoted, living on a budget, OR taking control of your passive income. The first two…
Winning the Lottery with Options Trading: How to Control Your Fear and Greed
One of the biggest tests of self-control is the ability to trade options on the stock market calmly. It can be an emotional roller coaster because the stock market can be irrational, especially if you need it to go in a particular direction. I won the lottery three times this month while trading options, once…
Spicy Dividends for a Bland Life: Make More Money for Doing Less Work
I remember my life as an employee. The military paid me twice a month for over 24 years. They used to call it “three hots and a cot.” For the first 20 years, my only income derived from those two monthly paychecks. They increased yearly, but my expenses increased more than my pay raises. Soon, the…
The Options Trading Debit Card: Create the Best Weekends of Your Life
I have been going on and on about my Dividend Debit Card (Part #1, Part #2, Part #3) over the last three years. It is incredible to receive dividends directly to my Cash App spending card. This month (November 2023), I am on track to receive $400 in dividends directly to my Dividend Debit Card.…
It’s Time to Purchase a Certificate of Deposit: The Magic of High-Yield CD Reinvestment
I just received an email from Discover (where I have my high-yield savings account) offering me 5.20% interest on a 12-month certificate of deposit. It’s been a long time since CD yields were this high, and I fear they won’t last much longer. I personally have a higher risk tolerance than most, so CDs aren’t…
Covered Calls vs. Cash-Secured Puts: The Best Strategy for Beginners
So you want to trade options, huh? Welcome to this magical and dangerous world that most try to avoid at all stops. The key to trading options successfully is having a clear income goal, defined expectations, and a rock-solid plan to avoid being greedy. Greed is the number one way to lose lots of money…
Why Series “I”? The Benefits of Investing in Savings Bonds
With the Federal Funds rate hovering around 5%, there are many places to park your cash and receive a good deal of interest. Some of these investments include high-yield savings, certificates of deposit, treasury bills, and treasury notes. With so many choices, how is a saver to choose? How to invest is a deeply personal…
Treasury Bonds vs. Options Trading: Graduate to the Next Phase of Investing
We rarely get to compare two completely opposite things—usually, there is no point. However, let’s make an exception in this case because both investment vehicles can help us reach our financial goals. Buying treasury bonds and trading options are about as far apart on the risk totem pole as possible. Treasuries give investors a risk-free…
Trading Long Strangles for Passive Income
Trading options on the stock market is not for the faint of heart. However, you have come to the right place if you want big returns (for taking big risks). Trading options can be a very emotional experience because the stock market can make you feel like an idiot sometimes. Therefore, finding the options strategy…
How to FALL into Investing 3
Every fall season brings a new set of change and intrigue. We go into the holiday season filled with love, joy, and excitement. We may as well also enter the season with a lot of money. To be the giving person we want to be, we need additional income outside our job—passive income. Building a…
Investing for Interest 117: Treasury Bills vs. Treasury Notes vs. Treasury Bonds
Choice is the spice of life. When it comes to building an emergency fund, saving for our children, or investing for the future, we have many options. To effectively use these options, you must understand each of their individual metrics and make decisions that best suit your income needs. Welcome to the Investing for Interest…
Income for Retirement: Understanding High-Yield Dividend Stocks
Retirement can be scary because you lose the safety and security of receiving a monthly paycheck from your company. What if you could still get monthly paychecks from Fortune 500 companies during retirement? We need a high level of income to satisfy our financial needs during retirement so we can invest in companies that pay…
T-Bill & Chill: What Are Treasury Bills?
Welcome to the world of Treasuries, where we maximize returns by investing with the US Government. I have covered Treasuries extensively over the last two years. However, I haven’t peeled back the onion on Treasury Bills, also referred to as T-Bills. Let’s take a look at how T-Bills compare to other Treasuries. What are Treasuries?…
Income for Retirement 5: Understanding Business Development Companies
America is the land of small business. When small businesses thrive, so does the American economy. We need to leverage these small businesses to build income for our retirement. Picking small-cap stocks can be tricky. You must do a lot of research to stay on top of small companies as the media covers them less…
Income for Retirement: Understanding Dividend ETFs
I love being a hands-on dividend investor and picking individual stocks along the way. Reading stock market news every night before bed gives me great pleasure. However, most people don’t want to spend this much time and effort to get great returns from the stock market. Everyone needs income for retirement, so what can more…
The Dividend Debit Card 3: Dividends in Daily Life
Every day with dividends is a gift, and it’s even better when they arrive directly in your checking account. I have been dividend investing for over four years; it becomes more interesting and fun each year. The key to successful dividend investing is enjoying the fruits of your labor. Dividends are best when you can…
Income for Retirement: Understanding Mortgage REITs
We all need some bonus income throughout our retirement. Wouldn’t it be nice to have an extra $200 to $400 arriving in our checking account every month? Mortgage Real Estate Investment Trusts (mREITs) make great sources of bonus income. Of all the types of income investing products, mREITs are the toughest to master. Welcome back…
