Financial advisors always dodge the question of how much to save for retirement. There are research papers that contradict each other. They suggest there is no magic number for all or “it depends” or “it’s complicated.” I don’t buy this malarkey from the industry. Here is what I suggest and how I fund my accounts. …
The use of moving averages are important to assessing the price trend of a stock. Even better is using multiple moving averages to increase your accuracy of identifying the stock trend. The definition of a moving average is the average of the stocks closing price over a period of time. As a new closing price …
How To Use Moving Averages in Covered Call Selection Read More »
One of the keys to covered call writing success is knowing how to determine support and resistance levels. A support level is a stock price low that the price has hit and recovered from to advance back up due to more buying than selling of shares. This is referred to as the trading floor until …
Support and Resistance levels for the Covered Call Writer Read More »
What could you do with $3,000 per month in passive income for life? How would it change your future? For some, it will be a total life changer to increase your income each month. For others, maybe not, but how would it affect your life if you had access to the plan that produced $3,000 …
How to Make $3,500 per Month Passive Income for Life Read More »
We all have a vision of the future about the type of life we have to live. For some, it includes a life of leisure which I must admit is very enticing. For others, it may entail relaxing into a nice life in retirement. Regardless your vision, you need a plan to get started today. …
A royalty trust is a type of corporation usually based in the United States or Canada. In general, trusts usually own oil and natural gas wells, rights to wells or rights to the mineral deposits. Royalty trusts are similar to real estate investment trusts (REITs) as they are tax free if they payout 90% of …
This is the second in the investing for monthly income series: how to get high yields from closed-end funds. What is a closed-end funds (CEF) and how is it different from other investments? A closed-end fund is legally know as a ‘closed-end company.” It is one of three investment types of investment companies. The other …
Small-caps have been on a tear in Q2 clearly outperforming its larger counterparts. President Trump’s protectionist agenda and the resultant trade war fears started weighing on large-cap stocks that have considerable international exposure. And the domestically focused pint-sized stocks soared In additions to trade tensions, there were some other factors that played their roles in …
A 20% Dividend Yield from Small Caps with Monthly Dividends Read More »
This is the first in a series of articles based on types of vehicles that pay monthly dividends. Many people have the desire to increase their monthly income which leads to various activities to accomplish this objective. They may work extra hours at their job, start a side business or stuff envelopes for a few …
The covered call trade has always been known as an income strategy as you receive premium for selling calls against your stock. This is the most popular rationale for implementing this type of tradings. However, there are many more dimensions that can be coupled with covered call trading to further enhance the potential for profits. …
