Month: November 2011

Covered Call Trade on Deere and Company (DE)

This is a covered write on Deere and Company (DE) for the December 2012 expiration.  Deere & Company provides products and services primarily for agriculture and forestry worldwide. The company operates in three segments: Agriculture and Turf, Construction and Forestry, and Credit. OPTION STRATEGY: Look at the December 72.5 covered call. For each 100 shares of …

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Congress Makes Millions With Insider Trading (Video)

In 2008, for example, Treasury Secretary Hank Paulson and Fed Chairman Ben Bernanke held a closed-door meeting warning politicians that a global financial meltdown could occur within a few days, giving them enough time to get their money out of the market ahead of the general public. Congressman Spencer Bachus (R-Alabama), for one, shorted General …

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How to Invest in Monthly Income Close-End Funds (CEF) – Video

Some investors may be confused about what is a closed-end fund (CEF).  There is a difference between an EFT and a CEF.  A closed-end fund is more widely used for income investments as 70% of CEFs are fixed income based.  At Get Rich Investments, we use CEFs for monthly income investments.  You can create multiple streams …

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