Author advocates covered calls as a profitable strategy, describing 100 shares as a house to rent out, and mentions holding RDW.
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Lost a ton of money, risky trades, gambling. Moved my money from 401k to Roth. Started trying safer investments, some risk but not crash out risk. Had a philosophy, I really like to explain it like this bc it excites me, and it hasn’t been pitched to me like this. Covered calls is a clear avenue to being profitable. I broke it down like this, 100 shares = 1 house. Which you can rent out, with the renter option to buy at price you sell. I will leave it that simple bc I can go on and on. Post is to remind the idiots that any hole you traded your self in can be overcome if you rewire thinking, and change approach + time/patience. But to anyone new to investing, start with covered calls man. Each 100 is a house. I have a 11 bedroom RDW appt, which has appreciated nicely in value since I bought. Simple mindset, don’t get lost in the sauce