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I like playing with options but I don’t like all the variables you have to stay on top of to trade them on individual stocks. So I sell options on the triple leveraged indexes like UPRO, TNA and TQQQ. The regular indexes don’t have enough volatility to make the premiums interesting. I usually sell puts where I can make 1% and if they get assigned I turn around and sell calls at the money. I keep the cash to secure the puts in a money market paying 5% so I’m making money there plus the option premium. I should make 15-20% on my money this way but of course I would have made more just buying and holding the stock…
This is 0ne of the best explanation on a SPY strategy that I've seen! Your explanation makes it very easy for me to understand and I really like that you walk through your thought process of constructing the trade too. Thank you
So many of these covered call funds being introduced. Do you think the value of the premiums will decrease over time as more are being sold to these ETFs? I'm a bit worried about this.
Yieldmax writes calls nearer the underlying price, Kurv gives the trade a little more room and writes out of the money calls. Is this about right? So in up trend Kurv will do better, in a down trend Yieldmax will do better.
To be kinda blunt I'm giving up on investing in stocks.... I put between 4000 to 5000 a month and it's nothing but down down down.... Sooooo frustrating and I only invest in boring companies
I hope that's not the case you should cost average into index funds for the long term at best if you're struggling with personal investing or sometimes it's even better to just hire a mutual fund manager. There's no shame over 90% of people people will underperform the index over the longer term the sp500 over a 20 year period has never lost a gain. Patience and steadiness is better than most RU-vidrs stock recommendation.
Great advice here. Keep it simple, buy things you understand, take some risk but don’t try to shoot the lights out. Diversification is KEY! I use a CFA and it's a great hands off way to approach it, I conservatively follow *Lina Diniekiene's* recommendations and market entry and exit points, and tbh this makes it possible for me. Started in 2022 but with a lot of financial strength and in-depth research I did hit that coveted 100K and recently the 1m mark :)
Congratulations! Thanks for reminding me to stop being Stupid. I've been buying stocks like a drunken sailor and not much to show for it. Hard to understand the market
Keep it going! I am at 2.25 mil. Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO. I got $48,800 divs last year in taxable divs. Q2 taxable divs this year was $17,388 this year. I still have 5 years or so until retirement and I sleep well at night.
I like my money, like diabetes slow and steady! I am already retired and lucky for me, my F.A believes in investing for income. So I do have a check coming every month, my draw on my dividends.
Hi, I am trying to get an advisor for guidance but it's harder than you think. I am a doctor and the field of finance is not that close to me so far, but I am eager to bridge that gap. Starting with ETFs is my goal but with so many to pick from it's confusing the majority of the time. Do you know if your advisor is willing to consult with clients in other geographical areas?
Oh very well then, conducting due diligence on *Lina Dineikeine* should suffice. She has established a notable reputation over time, and her system is acclaimed for its outstanding quality. Good woman!
Not necessarily though there is a fair amount of overlap but that’s not necessarily a negative. Having a diverse portfolio is KEY; that being said my initial deposit of 90K has grown to over $650K in only just ten months :)
I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in equity index funds, ETFs and various high-quality stocks and use a CFA. On average, she takes 10% of earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this has quite increased my prospects of making money.
I real enjoy your videos and have put a lot of your recommendations in action. Thank you. SVOL was one I had, sold because I wasn't sure about, and repurchased based of a video. Thanks again. I wonder if you would review Pacer Cash Cow funds & specifically PSFF.
To be kinda blunt I'm giving up on investing in stocks.... I put between 4000 to 5000 a month and it's nothing but down down down.... Sooooo frustrating and I only invest in boring companies
I hope that's not the case you should cost average into index funds for the long term at best if you're struggling with personal investing or sometimes it's even better to just hire a mutual fund manager. There's no shame over 90% of people people will underperform the index over the longer term the sp500 over a 20 year period has never lost a gain. Patience and steadiness is better than most RU-vidrs stock recommendation.
Great advice here. Keep it simple, buy things you understand, take some risk but don’t try to shoot the lights out. Diversification is KEY! I use a CFA and it's a great hands off way to approach it, I conservatively follow *Lina Diniekiene's* recommendations and market entry and exit points, and tbh this makes it possible for me. Started in '22 but with a lot of financial strength and in-depth research I did hit that coveted 100K and recently the 1m mark :)
Haha! I feel great about 'the market' as long as the companies (or ETFs) we invest in have strong earning trends. Over many decades, the prices will follow net earnings within about 0.5%. Nobody, can explain all the short-term noise so as an investor you should be galvanized to tune out the static. Build a nice system based on your risk tolerance and goals, stay the course and win this simple game in the long run.
I just dont get CSHI....its supposde to yield 1 to 1 1/2 OVER Tbills but this thing is BARELY n I mean barely!!! beating SGOV so where is all this option premium or credit spreads they sell going???!?!!
If I may ask, what made you choose to buy/sell puts? Did you see better opportunities, do you pay more attention to negative press of stocks you follow?
@@wealthadventures I use zero commissions. So far so good but I know I could be missing out. I have been using the 10-13 delta for the shorts. It was easy the last coupla weeks after the melt down but today I noticed we are getting close to a top so I sold a OTM Call spread and that worked for small money but I am looking for something that works consistently in all markets. I have been playing with settings on the MACD (not the default) to see if it gives a signal that is reliable. My thinking is In a Bullish only Longs and Visa Versa In a Bearish market, shorts only (moving averages on the 4 hour chart for weekly trades and 1 hour for 2 day trades) and then fine tune the MACD to signal when to go long in a Bull and Short in a downturn. Just trying to think it through. All my profits I have been buying shares of SPY. BTW in all markets I Know I cant always be Bullish or Bearish but need to know when to think long or short, hence the Moving Average idea.. I will be looking at your channel for ideas.
Hi. You should be able to download a copy that you can modify. Problem is usually people try and share it which would allow anyone to modify my copy. Look for the download option.
Thanks for the video! I like SVOL and I think it's a great fund for income. I think that the ultimate test for the fund would be real Market crash with VIX over 100 and would really like to see where the bottom for the fund price would be. It's hard to say since vix calls will kick in and fund managers will also make lots of adjustment. Comparing this with SPY on total return for 1y or longer shows good result for SVOL. One day we will see what happens in market crash, but I believe that SVOL will outperform SPY(S&P) unless of course Market goes up for a long time. I still don't understand how VIX went up to 65 for just short period of time compared to 85 during Covid crash. This was a good test and SVOL held pretty well.
Fr! The market started correcting almost immediately. But what if it hadn’t? If you do not have margin then a longer downtrend is ok if you don’t chicken out. But, what if you’re on margin and it didn’t get fixed a a day like this time?
@@RAri-rc3to I never do margin! And even if Market did not recover I would just hold SVOL. The only question is if they can sustain that 0.30 div if SVOL is trading at lower price for a longer period of time - say 3-4 months or more....
@@wealthadventures I agree, we have not seen that yet! And that will be a good test for the fund. But we all have to admit it - for 3y+ it beats S&P on TOTAL RETURN! A fact no one can argue here!
I like volatility. Great time to trade. Instead of the VIX, I sold 6 NVDA $95 puts due September 20 ... 2 days later bought the puts back for a $2,460 profit. I plan on doing it again if given the right opportunity.
My Order was filled but, overnight. Topped it off during the day and few days later sold the initial overnight order. Let’s see if VIX will spike up some more, towards 60’s again…
It wouldn't hurt but DGRO and SCHD will have several stocks that overlap. I would focus more on how much I have committed to dividend growth. SCHG is large cap growth so it could stand out from the other 2.
A market correction is minus 10%. If you consider the S&P 500 the market, then it did not go down 10% and this was not a market correction. Minus 5% to minus 10% is considered merely a pullback or dip. This happens almost every year. The only thing rare in all of this is the VIX spike. Best comment since many of your other comments are bots.
Thanks for the vid, I've owned svol for a year and normally would buy on a drop like Monday but it broke a range it had not broken since I've owned it. Very relieved by Friday that it came back so much. Really happy you contacted them for this info. Up until Monday it was a pretty stable high paying fund compared to some of the other ones.
