Get Rich - Stay Rich - Investing for Monthly Income

Posts Tagged ‘passive income from investing’

How to Create 60 Paycheck Every Month

To achieve financial independence, you must create multiple income streams to replace earned income. Warren Buffett states “You will work the rest of your life if you don’t make money while you sleep.” There is a simple method to position yourself for unlimited passive income. Now, the recently released book , “Passive Income Monthly Plan: Create 60 Paychecks in 90 Days” lays out a plan anyone can achieve regardless of where you may be at the starting line.

Obtaining Extra Income is Absolutely Critical in Modern Day America

If you’re looking to get extra income… there is simply no need to get a part-time job. It’s much easier than that. The KEY to making money is tapping into multiple sources of income.

Once the extra money starts flowing… you can afford to live the way you want.

… you can take that dream vacation, buy that new house… or finally afford to start a family.

In other words, you won’t ever have to worry about the financial security of you or your family again.

The real trick is to make your money work for you!

The Book will show you how to:

  • Literally setup 60 monthly dividend stocks that will pay you each month – 720 checks per year! You can grow these dividends over time – Unlimited Income – to achieve early retirement on your terms;
  • Show you how to get stated with as little as $5 in new stock accounts that charge no commissions with no account limits;
  • Diversify your portfolio to be safe when the market goes into a downturn such as a recession or other market crisis – you continue to make monthly income regardless of market volatility;
  • Create a 15% saving account as no recommended monthly dividend stock has an annual yield below 10% – with the average across all investments at 15% – where else can you make this much income?
  • How to eliminate longevity risk – never outlive your money – your money will continue to increase your income to not only surpass inflation but grow in perpetuity;
  • Leave a life legacy to be passed on to your loved ones like the Rockefellers and other wealthy families have done throughout history.

The Passive Income Monthly Plan is a landmark publication that will change many lives. There is endless discussion and schemes online to suggest you can take over the world by writing articles, making Youtube videos and such. This book gets straight to the point with concise “how to” directions in a single sitting.

Get started today as the book is at a special price on Amazon Kindle. Click here to visit the listing: “Passive Income Monthly Plan: Create 60 Paychecks in 90 Days

To learn more about creating multiple streams of passive incomes, visit the website: passiveincomemonthlyplan.com for a free subscription.

Back to Warren Buffett – make money while you sleep – with this plan.

Covered Calls for Income Investing

Why don’t more people write covered calls? There are numerous reasons. The general population is unaware such an investment exists. Only a hand full of investing services promote them but popularity has increased as more brokers push option trading strategies these days. Also, they do require a level of education to learn them in depth. The popularity increase has moved covered calls by leaps and bounds as it should. This is moving investing to the next level which is income investing.

Many financial advisors, brokers, planners and others in the finance industry either are not comfortable with covered calls or simple don’t understand the opportunity for covered calls in their clients’ portfolios. Many advisors are fee based and accept sizable commissions from funds to recommend their products. They make extra money when you buy these paid recommendations in place of a strategy such as covered calls. Basically, covered calls are just not on their priority list.

The information disseminated about covered calls by advisors and websites who don’t know the theory behind covered calls tend to paint the strategy as being dangerous with little return for the risk taken. Then, these same advisors recommend you to hold low performing stocks or churn your account to increase commissions. If they used covered call writing on the buy and hold stocks it would generate income that will lower overall risk of the investment.

How can producing income from an asset increase the inherent risk of owning an asset? This argument against covered call is nonsense on the face. For example, a real estate developer is usually wiling to hold properties that generate positive cash flow. If they don’t cash flow, then you have a tax write off and a hope to sale at a higher valuation – sounds like buy and hold right!  Advisors recommend buying stock and funds based on commissions. If you are in the hammer business, everything looks like a nail.

Brokers fear liability when customers lose money, even on self-directed option trades and they make little on option trades.  The education of clients on options will increase the risk of them deflecting to discount option brokers online once they feel comfortable with covered calls.

You can’t blame the financial industry for doing what is in their best economic interest any more than in other industries such as plumbers, electricians and other trades. Just recognize your interest are different than the financial industry in terms of your long-term investing. Advisors make money when you do and they make money when you don’t. Your choice is to rely upon their advice or handle your own investing. What should you do?

Click here for FREE STOCK!

Click here for FREE STOCKS! No commissions!

Here is a great quote from the greatest options expert Larry McMillan: “You will have to predict something in order to profit, for only market makers and arbitrageurs can construct totally risk-free trades that exceed the risk-free rate of return.”  Regardless of your style, stock picking or options trading, you must make choices and you must predict outcomes.

At Get Rich Investments, we believe covered calls do require a prediction but they lower the overall risk of investing. They produce premium income to offset some downside in stock price movement. If used with dividend stocks, they add another layer of income. Then, we couple a portion of our portfolio to monthly dividend stocks to lower portfolio volatility and risk while maximizing total portfolio income.

Join the Monthly Income Newsletter voted the best value for option income trading

Robin Hood Investing link

– http://bit.ly/STOCKforFREE

How to Use Covered Calls in a Volatile Market

While the market has increased volatility due to the tariffs, inverted yield curve and continued political forces, investors need to find a safe place. Here, we look at covered calls to give us some downside protection while producing monthly income.

The Get Rich Investment website doesn’t conceptualize about making money – it’s about how to make money. Among income seekers, covered calls, though still not well known to the investing public, have become an increasingly popular strategy for conservatively generating an income stream from the stock market. A covered call is a stock option strategy in which we write (that is sell) call options against shares of stock we already own in our account or bought specifically for this purpose. A call option simply gives someone else the right to buy your stock at the fixed price for a specified period of time. The sale of call options creates a stream of income whether the stock’s price rises or not. The income is called premium from the sale of the call option.

Click here for FREE STOCK!

Click here for FREE STOCK!

Even better, covered call writing is a conservative strategy that reduces the risks in a stock ownership. According to the Chicago Board Options Exchange (CBOE), the world’s largest option exchange, writing covered calls is more conservative than merely owning stock. Combined with protective put options, it is possible to construct profitable covered call trades in which the possibility of loss is severely reduced, or even eliminated entirely.

Done properly, covered call writing can produce a consistent income of 3% to 5% per month, with very few losing trades. That’s correct, a 3-5% monthly income from covered calls! And covered call writers don’t have to speculate or be able to time the market. Even new option investors can do it successfully.

Of course, covered call investing is a conservative strategy only if trade selection and management are conservative. Buying poorly run or underperforming stocks and running low probability trades will either reduce returns or turn some trades into losers. But there is no need to take any but small losses and those are rarely.

This is why Get Rich Investments exists – to teach investors how to create monthly income streams. The successful investors focuses on three pillars of covered call writing: trade selection, trade planning and trade management. We give you the trades to make money.

Mechanical approaches work well with some stocks but not others. Rigid rules can get you into loathsome trades or cause you to miss very profitable trades. They can lead you to great companies at lousy times. Worse, they over simplify what really is a dynamic endeavor. The best covered call system is to incorporate flexibility into the process to maximize success.

And this is the rub, focus on explaining the nuts and bolts of making consistent returns from writing covered call trades not a mechanically rigid system.

Knowing what to do and when to do it is the key to success.

Which stocks should you pick for covered call writing? Which month and strike should you write? Do things like support and resistance matter to success? Are there techniques to manage a trade in trouble and what are they? Can risk be strictly eliminated and eventually eliminated entirely?  This are the items delivered by our covered call service.

Success in investing comes from common sense, coupled with knowledge and experience to apply it. As stated above, done properly covered call writing can produce conservative returns of 3-5% a month. The “done properly” part is the key.

Think about this quote from Jim Cramer:

“If anything, buy and hold is a completely reckless and irresponsible strategy. This is why I have always preached ‘buy and homework.’ There’s nothing wrong with buying a stock with the intention of owning it for years, as long as you’re willing to check up on the stock every week to make sure that your thesis for owning it hasn’t fallen apart.”

For years, Wall Street has convinced the public to buy stocks for the long haul and hold them no matter what, through thick and thin in the expectation that stocks will appreciate in value. When right, and sometimes they are right, investors reap the benefits and create wealth. Warren Buffett is an excellent example of holding a stock forever. So at least goes the theory. This is the buy and hold school of investing. While it has worked for some investors over the decades, it has failed some. Luck may play a role in success or lack of it by being in the right stocks.

Then again, who can wait forever to create wealth! With our covered call strategy, you can start creating monthly income today. There is no waiting period as you get paid income at the time you sell the call option for premium.  The buy and hold 40 year plan doesn’t help the investors looking for income today.

If you are seeking income, learn how to write covered calls as a part of your portfolio strategy.

Join the Monthly Income Newsletter voted the best value for option income trading

FREE STOCK link – http://bit.ly/STOCKforFREE

Get FREE Stock

Get FREE Stock - No Trade Commissions

Subscribe for FREE Trades

Subscribe for FREE Trades

* indicates required
/ ( mm / dd )
Archives
PopAds