OK, we have to give this months “Big Fat Fibber” award to the Feds for pegging inflation at only 4.7%. Have you been into the grocery store lately? Have you filled up your tank lately? Has it only gone up 4.7% in the past three months?
Have you purchased dryer sheets or clothes softener?
How about the 50 cents or 25% more but you get 10 sheets less or $2.00 more for a bottle that used to cost $4.99 just a month ago that is now $6.99? Is that 4.7%. Not hardly.
In my unscientific but very accurate poll, I would say “REAL” inflation is running in at least 14% or more.
With the Floods in Iowa, you could see food prices double or triple by the Fall. Beef, Pork, and Chicken will hit record highs.
Unfortunately it is a perfect storm. You have no energy plan other than to stop any real plan that makes sense You have subsidies for a made up crisis that pushes Ethanol from corn which is perhaps the most inefficient way to make it, which is already raising food prices by 20-30%, and now you have a natural disaster.
So, when you are thinking about your investments, keep this in mind.
I am looking more and more at the overseas market and at local provider of consumable goods as shipping is going to wipe out a lot of profits from companies that have to ship things in to a market from far away.
Also, I am looking in States that are friendly to businesses. Wyoming, Tennessee, South Carolina, and Nevada. These States are going to be sucking in huge amounts of businesses that are looking for anyway to survive and get out from under the taxes in States that use businesses to fund every scheme they can think up.
Capital always goes where it is welcome. I think it is now time for yours to start looking for a new home. Oh yea, we can’t leave out the devalued dollar either.
Coming up Dumb And Dumber - The Two presidential Candidates Economic Plans.
Find out why Obama’s plan will push Gas prices above $7.50 a gallon. Find out what McCain is not going to do about oil production in the US.
Then I will give you a few repellents to take the bite out what each one will do to you.
Hey there, I have to apologize for not keeping up with Posting this past week or so. But I’ve been rather busy.
I’m working on a couple of different projects. I want to share with a few of them that involve investing in small companies. What with the market being as wishy washy as it is, and that basically you do not have any control your investments for the most part, I still prefer to invest directly in ventures when possible.
I want to teach you how to do the same. If you are selective, you can easily blow through our 21.5% minimum return model because a little bit of money can make a big difference to a small company’s bottom line. Especially now with Banks not lending to small companies unless the owners agree donate both Kidneys first.
Good small profitable companies need money! If you have been a regular reader here you are aware that I have always suggested that you look into investing in a local venture or two.
One of the things that I do when working with smaller companies is to not only invest cash, but in many cases I invest cash and my time and expertise. I typically will help companies get their sales and marketing going and then help with their online business. Do you realize that over 75% of all small businesses still do not sell their products or services on the web?
My promise is to help them get them on their way to a 21% profit increase in 21 days. So it has worked nearly every time.
This way I can get a larger stake in the company and further insure that my investment is going to make me a good return. This way it truly becomes a Win-Win situation which is the only way that I do business.
It is something that you might want to think about for yourself!
I had to laugh today as I’ve seen several headlines that say homes sales unexpectedly jumped in April. I guess that only caught the people by surprise who live in a cave or who are totally clueless about the real estate market.
Hello! It’s Spring! Duhhhhh! So people are more apt to buy houses in the Spring rather than in the Winter time sportsfans? Wow, how totally unexpected!
I just thought I’d point that out. Anytime I ever see than an expert is caught off guard or their subject does something that it’s unexpected, then you can immediately writ off that individual as an expert
So anyway, just a point of amusement for me and hopefully you too. Remember, the News Media is not your friend unless you know that and make use of that fact.
So, we’ll talk to you soon and you can look forward to having the first installment of how to do covered calls the Monkey Way here shortly.
Andrew Anderson signing off and remember to have fun out there!
Figure out which one you like and tell me why I like all three of them. Find out which one you think will make a good Monkey Covered Call Play and a Straight Option Play by buying either Calls or Puts.
Will check back in in a day or two and see what you have. If you feel brave enough to give me your pick and your opinion, post a comment.
I try never to forget that that only reason that I can write this and the only reason that you can read this is because of brave men and women who fought, killed, died, and were wounded fighting for our right to have this simple gift of being able to write and read what we want, when we want without censure, threat of imprisonment, torture, or even death.
So, I want to give a big thanks to all of the brave men and women that have and are serving in the free militaries around the world who actually put their lives on the lines for freedom. Thank you from the bottom of my heart and know that I do not take it for granted and that I do appreciate the job you are doing.
The Oregon Institute of Science and Medicine this week announced that 31,072 U.S. scientists signed a petition stating that
“… There is no convincing scientific evidence that human release of carbon dioxide, methane or other greenhouse gases is causing, or will cause in the future, catastrophic heating of the Earth’s atmosphere and disruption of the Earth’s climate…”
This includes the eminent theoretical physicist Freeman Dyson who is among the many distinguished signatories. For you Sci-Fi and Physics fans, he is the guy that came up with the Dyson Sphere! Pretty cool aye?
On a personal note, Dyson happens to be one of my few heroes.
Considering the whole ill founded and unproven Global Warming farce caused a landslide of ignorant, knee jerk legislation that is now responsible for about 20% or 75cent per gallon of the higher gas prices every time you fill up your tank and about 40% of the now higher food prices you pay every single time you buy food.
But hopefully this will soon come to an end.
But then again we are talking about Politicians actually doing the right and smart thing for us as US citizens and for the world for that matter, so I would not bet on it.
The recent veto of the disastrous Farm Bill by Bush may help a little.
From an investment standpoint you should note that while the Congress and Senate preach support of alternative fuels and support Corn Ethanol which costs $1.25 to produce $1.00 worth of Ethanol, (hey I never said it made sense) the bill also still supports the tariff ( tax you pay) on Ethanol made from Sugar Cane from Brazil (which actually does make sense and per acre is 8 times more efficient than Corn) making it more expensive.
Even so, I would hesitate to put a single dime into Corn Based Ethanol Ventures as the subsidies that make them viable may be withdrawn and this dumb idea could be plowed underground again where it should be.
I doubt that you are going to hear what really happened with the current loan debacle on the boob tube or in too many other places for that matter.
So, I thought I would bring this to you so that you have a better understanding of how the Loan Crisis became a Crisis.
Informative and good for a laugh and there might be a play or two in there.
Do not let the intro or the name fool you. I am going to post two of them today and post the rest of the series over the next few days. Enjoy and let me know what you think.
OK, so no I have not gone on hiatus per say, just busy as usual but in a good way. Well, what can I say about the market. It goes up, it goes down. Pretty profound, huh?
Apple, AAPL After Hours is at $187.83. Looks like we are going to get called out. This is a good thing. Give me a 79% return anytime on a Monkey Play..
Now I was listening to one of my Mentors talk the other day and it reminded me of something that I want to reiterate here.
When I talk about Monkey Plays and them being easy to do, I am not saying that you can’t lose money doing them.
If you go over to the side there and look up Monkey Plays or Investor Challenge, the name of the game is always preservation of capital and to mitigate risk. Now notice I did not say eliminate it.
When someone comes up to you and says an investment can’t lose, run as fast as you can in the opposite direction becuase you are talking with a Fool who’s money will fast be parting, don’t let part of it be yours.
Now are there some things that are a lot surer than others? You bet, and while I am mixing metaphors and whatnot, luck follows those who take action.
Have you ever noticed that there are lucky people? Well, she is the gal who is out there doing something where luck has a chance to visit. She is usually using her noodle too.
But here again, luck does not follow people that never do anything and yet these same people never figure that out. Now of course I am not talking about you but, I am sure you know someone like that which brings me to my next point.
Like some of you out there, I happen to have a few people where I see the Pygmalion Effect in action all of the time. While I truly love them to death, they have such a bad attitude about things things that not a whole lot of of good comes their way.
As T.Harv Eker says, they have become living breathing crap magnets and yet they can’t figure out why crap keeps coming their direction. They are entirely focused on and expect negative things to happen to them and guess what? It does and they do not seem to be able to make the connection
Now yoy might be saying where is he running off to this time. Well yes, I actually do have a point here and it is this.
What you focus on becomes larger and it will determine what happens to you and what finds you in life. If you focus on bad things, you will attract them in droves. If you focus on making money in a good positive way, while it may not find you in droves right a way, you have a much, much, much better chance of attracting it if making money is your focus. That makes sense right?
So, make sure that you are focused on making money and not on not losing it. If you do the first well and with some common sense, the later takes care of itself.
There are a million opportunities to make money out there, so be on the look out, do you due diligence quickly and then take action and go for it if the opportunity has merits.
Now just a tidbit on all of the opportunity that I see out there and here is the big announcement in case you missed it.
LOCAL IS IN!
Say what? I thought you were just talking about investing overseas? Yea, you move to the head of the class. I was and did talk about that, but you don’t want to move all of your money overseas…..yet.
With high gas prices, items and services that are local have the edge. As an example, right now today if you have a relatively smart farmer that has only 30 acres, he or she can be knocking down about $200,000 or more per year just selling the right items to their local markets. This is a pretty good chunk of change and there are lots of other examples just like this.
Local suppliers that don’t have to ship there products in can be a great investment. They are out there and they are looking for money to expand and the Banks are not loaning money to these folks regardless of what the Fed is doing or saying. The Banks are acting like 75 year old virgins these days and you can bet you are not getting any bub. And I am going to throw this in here too.
Also look for companies that are promoting working from home. There is simply no reason for 95% of the people that drive into work to be doing so these days. While I have been on the forefront of Telecommuting for going on 20 years now, companies that do not promote this are not worth investing in as far as I am concerned.
Now back to your little local guys and gals. With the Banks not doing the thing they are supposed to be doing, that leaves Private Lenders as the source for these great little enterprises. There are profitable companies that are begging for money out there and they are looking for your help. You don’t have to make a big investment, as little as $5,000 in the right place can have some great returns. I know I run into at least several every week and I am not even looking for them.
I will post some more ideas on how to find these growing little diamonds in the rough so that you can help them sparkle and grow larger.
And remember to think about what you are thinking about.
My goal with this story is to open your eyes to Alternative Investment Arenas. By Arena, I am talking about other countries. However, in order to do that, you need some way to measure and compare major metrics so that we are comparing Apples to Apples and not to Bananas or Cashews.
Talking about Cashews is apropos as some of what I am going to talk about is just plain nuts in more ways than one.
In researching this story, I have discovered a somewhat startling theme here in that almost every bit of the Stupidity that we need to avoid and Smartness we need to go after for your portfolio is Political in nature.
Here are some metrics that are commonly used to look at different countries for investment potential. A good source to help you with them is The Heritage Foundation which has compiled a top 10 List, as well as a list of 160 countries for Economic Freedom.
Couple of things here I wanted to jot down for you on how you can drastically improve your portfolio’s return that are somewhat oblique in nature, yet will have a more profound impact than many things you do directly.
Here is jot number one. At the urging of one of my Mentors, I have begun a Morning Ritual that I do every morning, Monday through Saturday.
For me, even just a few months ago the very idea of developing any type of repetitious rituals was abhorrent.
This is perhaps because I hate to be bored and growing up I had associated habits or rituals with negative things, i.e. drugs, alcohol, or even worse, did I mention boredom?
Nevertheless, because I respect him and he happens to be one of the smartest guys I know, I made a commitment to listen to and do all of the things that he had agreed to teach me 100% to the best of my abilities. So, when he said I had to start introducing some rituals in my life, I listened to him. In this case, his definition of a ritual is a “thoughtful repetitive action that produces a positive outcome” which made sense to me. Continue reading “Rituals, Your Portfolio And Some Olde Sayings Hold Truth”
For those of you still in Apple, here is the good news below.
Did I leave about $15,000 on the table here last week? Maybe, but if you don’t have time to watch your option plays, get out which is I Am An Investors first rule of Options. Break it at your own risk.
So no, I walked away with a 380% return and am happy with it. But, the Monkey Play for a 79% return where we sold the covered Calls sure looks like it has a good possibility of that playing out as planned.
And nope I did not get back in…no time and all. I will have some other plays for you soon. This is getting a bit rich for me.
APPLE INC
(Nasdaq: AAPL)
After Hours: 175.200.15(0.09%) as of 7:14PM ET on 04/29/08
Let me repeat that. Global Temperatures Dropped Around 1 Degree Fahrenheit in the past 12 months On All Four Major Indicators. What does this mean to your portfolio?
OK, first off I am not enthusiastic about writing this article. Why?
Because it means I have to discuss Politics and Global Warming both of which bore me and piss me off at the same time. Although I have to admit, it does provide a certain Machiavellian sort of humor. You know the kind where you are listening to someone and you know that they everything they say is a lie and you know that they know it too?
This all stems from the fact that I do not like stupid people or people that perpetuate fraud on unsuspecting people who do not know any better.
You get two for one when talking about Politicians and Global Warming….. Yippeeee.
I am not talking about people not knowing the facts out of ignorance or making honest mistakes as we all make those. Well you might not, but I know I sure do.
But on the other hand, think about it. Both Politicians and the Global Warming crowd have to lie or tell half-truths and commit fraud everyday (or be so misinformed they should not be out in public) in order to do what they do. Guess that is the part I can’t stand.
Nevertheless, I need to tell you about this as I would venture that you have not heard about it anywhere else have you? If you have heard that the overall mean temperature dropped by over 1 degree please post a comment.
If you have, you are well informed and go to the top of the class and you can skip to the bottom, for the rest of you, read on.
If you have not heard about this, do not feel bad, it is not your fault.
Most of the news media that has a vested interest in Global Warming is not going to trot this information out until they figure out how to spin this and spin this they will.
Truth be told, I do not like to go political and truly, these days my only interest in what the idiots (politicians) are doing is what affect they will have on economies and markets and our portfolios.
This includes the whole Global Warming debacle, as this is a politically motivated movement with zero basis in fact for anyone that cares to look at the data. Actually, you have to ignore the data in order to be part of the Global Warming Agenda.
Just for those of you that do not have a life and death reason to pay attention to the weather like me, (well technically I guess we all do) I am a pilot so therefore if you want live, you need to have a good understanding of weather and climatology in order to have the chance at being able to get you an your passengers to your destination.
I have been actively flying for about three decades now and got my glider permit back in the early 70‘s. So in order to do this safely, most smart pilots that I know (i.e. ones that are still alive) become very interested in weather and many have as much or more practical knowledge as many of the talking bubble head forecasters that you see reading the Teleprompters on the Telly.
That being said, here is a quick lesson for anyone that actually wants to know hard-core facts on the subject of Global Temperatures.
There are four references that are accepted and used by all climatologists and scientists with any real credentials for global temperatures.
They are the NASA Goddard Institute Number, which puts out the GISS number, The Hadley Climate Research Unit Temperature Anomaly or HadCRUT, The University of Alabama, Huntsville Number or UAH, and finally the Remote Sensing Systems of Santa Rosa, CA or RSS number.
Guess what? All four of them show a significant decrease in temperatures over the last 12 months. One of them even shows a decrease of 1.8 degrees! This is a big, big number that blows away what the Global Warming Loons have been saying.
We have seen a a bigger drop Temperatures in the past 12 months than what the Kyoto Treaty was supposed to produce in the next 40 years if fully adopted and implemented at the cost of several Trillion dollars. We just got it for FREE!
What does this mean? Well it means that the theory that temperatures are related to Sun Spots and other factors such as magnetics is probably correct and the Carbon Dioxide has little if anything at all to do with Global Temperatures since it actually rose a bit last year while the temperature went down a degree. It also is the death knell of doom for the whole Global Warming Fraud Group…… Whoops…darn facts….
How Does This Affect Our Portfolios?
Well, the whole Global Warming initiative right now is costing your about 75 cents per gallon at the pump, and about 10% across the board for all of the food and everything else that you buy.
It is also helped contribute to the current 10 -11% real inflation that we are seeing right now this very minute for this year. …Ouch. The most recent Wholesale Pricing Index was up 1.1% in just the last month reported. Let us see that is 1.1 x 12 = 13.2% inflation.
The big question is will the Politicians stop the new Carbon Bills that could add another $1 dollar to the price of gas, and heating oil, and a lot more than that percentage wise to coal for something that has proven to be wrong? Oh and I forgot to add that it will probably raise the cost of everything else that you buy by another 10% within the year.
There is a lot of momentum going into keeping the Global Warming farce alive and hundreds of millions of dollars being pumped into politicians worldwide to continue it, so we will have to see.
I am almost certain you have not heard this good news about the huge temperature drop on the front page of the New York Time or on the Weather Channel, or on any other major news source. But then again that is a guess since I do not partake in them.
The Bad or Good News depending on how you look at it is that the results are from the very same sources that all of the goobers in the Global Warming movement have used in the past for the dire predictions, even if they did pick and choose which years to use to make it look really bad for you.
Therefore, it is only a matter of time before even they cannot ignore it, right? Well, I hope so at least.
What Does This Mean For Us As Intelligent Investors?
The Opportunity And The Conundrum
The kicker is that right now using domestic coal we can make a barrel of Oil for around $55. Less than half of what oil is it going for now.
Right here in the good old US of A in Montana, we can profitably make Oil from coal and sell the gas for around $1.74 per gallon.
Guess what else?
“At the present rate of consumption without finding any new sources of coal or improving the process, we have enough coal to produce synthetic Oil to totally and completely replace all of the Oil we import right now this very minute and it will last for the next 200 years.”
How is that for you?
The only reason I bring this up is to look at how the whole Global Warming phenomenon affects your portfolio.
So, unless they can figure a way to squelch the data, and even then this data cannot be ignored forever, the whole Global Warming apparatus is going to unravel.
It will take awhile as you have some very powerful and entrenched people and institutions with a vested interest in keeping the fraud going as long as possible so it won’t go away for several years in spite of the temperature drops.
Actually, I am waiting for them to jump sides and start telling us now that Carbon Dioxide is going to cause the next ice age. I am only half kidding here. They did exactly that in the 70’s.
The point is that I would be very careful investing in the whole Green phenomenon as the bottom is about ready to fall out of it and start looking at coal and Oil Shale companies or hard core practical present day solutions that can be implemented right now.
Unfortunately, the profitability of both ventures depends not on the economics of the process but on the economics of what both the Republicans and Democrats are going to do with the Carbon Bills in the house.
Both versions of the proposed bill could kill off coal and Oil Shale and cause gas to hit $5 a gallon very soon if they pass. So, we will have to wait and see what they do before we can tell if the Global Warming money that is being pumped into the politicians by the millions will end up kicking us right in the teeth.
Any bets? Thanks to Anthony Watt for the data! Keep up the good work Anthony! Here is a link to his site for anyone that wants unbiased info on weather. - AA
Catchy title is it not? The kicker is that it is true, so read on and find out why.
This is yet another interview with one of Sir Richard Branson’s latest Adventures in Capitalism, which is Virgin Money.
OK, here it is!
This is an interview with Helen Payne Watt from Virgin Money USA. Virgin Money also operates in the UK, South Africa, and Australia. So, all of you readers there listen up too!
If you have ever thought about looking for Private Money or becoming a Private Lender yourself, you NEED to listen to this interview.
It is full of my normal “umms”, “aaaa’s ” and “Wow’s” and “Holy Smoke’s” of course, as well as my scintillating interviewing techniques, but really beyond that it also full of things that I bet you probably have not heard of before that you can use right away.
How about a Reverse Mortgage Alternative for those of you with Aging Parents?
How about Private Student Loans?
Real Estate Loans Of All Types?
And of course as you know, I think that…… no let me take that back. I knowthat Private Lending should be your first choice if you are looking to fund your business if at all possible. This can be true regardless if it is an established company, or a brand new baby. Listen to the interview and you will hear why.
We also discuss how to do a Private Loan with family members. Contrary to what you may have heard, I highly suggest doing so if you have the means. This is the best way to keep wealth in the family. Plus if done right, it can be done without a single headache or a hassle and actually bring the family together.
Keeping further in-line with the Private Lending theme, I am announcing one of my new pet projects that has been in the works for about four years now.
Where Can I Find Good Borrowers and Lenders For Private Lending?
One of the questions that I keep being asked repeatedly by people interested in Private Lending both from Borrowers and Lenders is this. “Where can I find a good Borrower or Lender?”
Well, I have been nosing around the Internet for quite some time and I have not found “the place” for Private Lending. In everyplace I looked, I found what was offered did not live up to my expectations or was what I thought really expensive for the services offered once you looked closely. They looked nice but they were all Hat and No Cattle.
Well, I am happy to announce my solution to bring together Private Money Lenders and Borrowers is www.FundingDesk.com. Can you believe I got the domain name for $6 bucks? (Domain names are a whole other investment success story for a later date!)
We are in Pr-Launch mode at the moment but what I can tell you is this.
It is going to be the best place available anywhere for Private Lenders and Borrowers to meet, learn, and to transact business.
Think of it as a dating and information site for Private Lending, with a lot of other information on loans, business, and money.
You will be able to find Private Lenders and Borrowers, take a look at what other people have to say about them, exchange information in a professional and private manner, as well as have access to some really great tools that I will let you in on very soon.
Of course we will also have some other innovative Commercial sources for money as well, but the site is going to focus on the Private Lending side of things.
Go click on the logo above and sign up for the Pre-Launch as I am going to shower you with a bunch of free goodies.
In addition, we are digging everywhere to find the best resources and information to help make your next Private Lending transaction profitable and a true Win-Win situation.
If not done right, they can blow up in your face and I will share my good and bad experiences with you so that you can avoid the bad situations and I have had some Doozies. They still hurt just thinking about them. But, the good news it that they are avoidable and I can make sure you have the information so they will not happen to you.
Here is just some of what will be on Funding Desk. I want to give you a few pointers that you can use right now, so here goes.
Setting Expectations
The biggest way to ensure good results in a Private Lending transaction is to find out and document the expectations and perceived obligations of both the Borrow and Lender.
Are You Reading The Same Book?
Do not assume you are on the same page even with supposedly obvious things. Discuss and write down everything, otherwise you might not only find out your are not on the same page, but you are reading different books!
Using someone like Virgin Money will help with the documentation but, what I am talking about is laying things out before you get there.
You need to sit down and write out on paper the what ifs. This may be a bit uncomfortable to do now, but it is a whole lot less so than getting into a misunderstanding later.
First off, what options are there for payments? Guess what? Things do not always go as planned. Do you have an interest only option? Do you have a skip one payment and add it to the back of the loan option?
If you are the Borrower, are you sharing your accounting information with your Lender? This may help establish trust and there are several ways to do this that I will share with you on Funding Desk.
If you are the Lender, do you have the option of stepping in and helping if things do not go as planned? If this mechanism is put in place upfront, it can save you some very big headaches and often times rescue the loan. Many times, just having open communications with the other party can help. In fact, it is essential in my book.
I am also going to show you what happens when you have a Borrower or a Lender that goes crazy and becomes irrational with you. I have had both happen. I will show you ways to avoid this and show you the Top 3 Warning signs that you are dealing with a squirrel that has a few nuts missing or worse, you have a kleptomaniac squirrel. It will help you avoid the Loons and the Crooks.
What else? I also want to show you how to deal with family members both as Borrowers and Lenders. I had to learn this the hard way and believe me, the price for those lessons was way too high. I will show you how to drastically reduce the tuition for that class.
Do you see why doing the Private Lending transaction correctly is one of the main reasons why I brought you this interview with Virgin Money?
As I hope you have gathered by now, I truly want to see you succeed in using Private Lending as a vehicle to create wealth. It can be done easily and profitably.
Private Lending is one of the most valuable yet misunderstood tools out there to achieve success and wealth. But once you know how to use it properly, you really can write your own ticket. I know I have had some awesome Private Lending experiences and that is how they should be and will be once you know how to put them together correctly.
But, in order to help make sure you have a good Private Lending experience, you need to have the proper documentation and servicing for both parties. Ding, ding, ding…. Virgin Money is the bell that you hear ringing.
Using Virgin Money separates you from the herd out there.
Just think about it. When you approach your Private Lender or Borrower, whichever the case may be, and you let them know that Virgin Money will be handling the paperwork and payment transactions, do you think that will lend a huge amount of credibility to you? Absolutely!
So, do yourself a big favor right now and listen to the interview below and see how Virgin Money is going to help you with your Private Lending transaction and then go sign-up for the Pre-Launch of Funding Desk. You will be glad that you did!
I can assure you that these are are two things that you will be thanking me for in the near future.
I have been trying to get this set up for awhile now and can finally announce that I will be doing an interview with someone from one of Sir Richard Branson’s latest ventures in Capitalism which is Virgin Money.
This is in-line with my Private Lending theme that I have gone into several times here and from what I have been seeing, I am going to go on the record for I Am An Investor and say that it is perhaps these fastest growing segment of the Financial Market and that once again, Richard Branson and his team are way ahead of the pack on capitalizing on this capital market. Pun intended…
I am certain that this will be a great addition to the Private Lending series so you will want to make sure to stop back in this weekend and listen to the interview.
OK, these are from Investor’s Business Daily, one of the few things I suggest you read for fairly unbiased Financial News. Thought you might enjoy them. Their Toons alone are sometimes worth the subscription. You can check them out at http://www.ibdeditorials.com/Cartoons.aspx#cartoon292186848105434
And no I do not make a dime from the recommendation fyi. I just want to help you get the right info so you can do well. I get my Jolley’s by helping people improve their lives. Guess I am funny that way……. By the way, these do represent exactly my view on things.
It is actually pretty simple. Other than doing the trades you see here, be careful who you are listening to and watch what you read.
Really, think about it. If you have a serious issue like breaking your leg, do you ask your Aunt Ethel how to fix it? How about your car mechanic? Well unless either one of them are Doctors it is probably not a good idea to take their advice. So at least now we have a good ball park on where to get advice from i.e. a Doctor. Continue reading “Want to know a quick way to improve your returns on your portfolio by 100%?”
OK, squeezed out of Apple this morning for a 380% net return.
An Analyst (it always cracks me up how appropriately that term describes most of them) Shaw Wu downgraded the stock today on valuation concerns. Apparently it was OK, last year when it was at 180 but not now. I refuse to get on a soapbox here on my view of Analysts, but your smart so you can figure out what it is.
Here is the squeeze we got out of Apple for the trades to close the positions. This is why you have your orders in before the market opens if you are bailing out. Especially when the stock drops like a rock as it did today.
5 Contracts of APVGK- July 155 Calls sold @ $23.00= $11,500 - Commissions of $14.95 = Net $11,485.05
Going to put in sell orders tomorrow on the 5 contracts of the APVGK’s.
Also going to sell all 39 contracts of the APVGRs that are still in the portfolio. Nope, I did not look at these today so I did not have a chance to get out at $5.20 …whoops, my bad.
Also, if you look back at the either or scenario, we could have gotten either 16 if we took out are original investment or 39 if we played up. Well, I went with the played up version….I really need to watch my portfolio a bit closer… So, if these get sold tomorrow on the original $6,000 investment, they should bring in right around $31,000 or $12,880 on the 16 contracts that I discussed. So, not too bad aye? Continue reading “Pictures Are Worth Thousands Of Dollars”
Apple pushed past 161 today. Not really a big surprise for anyone keeping up with my trades here. The July 155 Calls APVGK are now bid at $17.50. So the 5 we have free and clear are now worth $8,750. Since we originally purchased 10 contracts for $6,000 and then sold 5 contracts for $6,000 and got all of our equity back, we are now holding these contracts with a ZERO cost basis. The questions is, what is our ROI?…..Exactly…like in the movie “The Toy Story” to infinity and beyond!
Our Apple July 190 Calls APVGR are now at $4.65. I have to go back and look at the trades but I think I might have sold half of them at $5.20. We got into those at $2.60 so we are fine there. I am going to put an order in to sell them all for $5.20 so that I can get into a different play. Continue reading “Monkey Play Equals Money!”
In the trade last week with Apple where instead of just buying stock naked i.e. without dressing it and taking care of it by dressing it with a Call, we purchased 100 shares of Apple and then immediately sold the call on it. These were both market orders using zero buying techniques that anyone could do, even a monkey like me!
Now a day after we did this the stock dropped. Has this ever happened to you before? Of course it has if you have been investing for any length of time.
But if you had purchased the stock naked, your investment would be down about $4 Bucks a share now since it is trading around$149. Ouch….
Guess what? We are still smiling! Because we sold our July 170 Call on our stock, we put $8.25 per share in our pocket that we could go buy monkey food with. I do get hungry you know.
Even though Apple is down, we are still up $4.25 on the trade versus being down $4. That is an $8.25% difference. Can you say holy smokes Mr. Monkey?
We took care of our stock and dressed it and it is now taking care of us because we took care of it. Do you see why doing covered Calls in many ways is much safer and more profitable than just buying the stock?
I have some videos in the works that will explain the Why, What, and How of dressing your portfolio to make it safer and get much higher returns than you my have thought possible.
My buddy Ryan from way across the pond in Australia is doing a launch today with his new product for those of you that have a website for your business and want to be shown how you can make more money from it right away.
Just so you don’t waste your time, only go there if you interested in making more money from your website, do not go there if making your website more profitable is not important to you or if you don’t have one. You can click on the graphic to check it out.
If you just sign up for his FREE content, you will find that it is better than 99.9% of high priced information out there and that much of it has never been shown before.
Ryan has been involved with a number of million dollar website launches i.e. where the website brings in millions of dollars in just a few days or weeks after it is launched. Hie is one talented Aussie which is why I work with him.
I am going to let you in on something else. He and I are also working on another project that I truly believe is going to radically change how people create a profitable web presence. Will let you know when we have it ready for Beta.
In the meantime, go sign up for Ryan’s Freebies and see what he has to teach and show you. There is some great usable information in there that you can implement right away. If you like that info, go grab his Dressed2Convert package, it is well worth it.
I Thought I Knew…… And The Reasons Why I Am Helping You Make More Money
As I sit doing my every once in a while inventory of what is swimming around in my noodle I come to think about what I hope I Am An Investor does for people in changing the way they “thought” that a portfolio and a business for that matter had to be put together and run. This is true with all of my endeavors. It is having the effect of turning what they thought they knew upside down for most people, including myself.
This is not something new for me. My mental world started getting rocked pretty early as my parents seemed to enjoy a somewhat different lifestyle than most. My Mom was a History and English teacher and my Dad worked in the Government with Computers way back when they were the size of a whole building and they were fairly well politically connected and because of this I got to do some very unique things at a young age.
I was also encouraged to explore pretty much anything my intellect desired.
Because of my upbringing I got to meet Governor’s, Senators, and Congressman and later on the Kennedy’s (who at the time were a big deal) and I realized that there was something not quite right with all of them at a very early age. Continue reading “I Thought I Knew…… And Why I do this.”
Apple did manage to pull back a bit yesterday. Was a great time to buy…. Anyway, the other reason why equities are my least favorite investments, although as you can see, meeting our 21.5% ROI criteria can be done once you know what you are doing, is you have to watch them like a two year old at a fair. The minute you take you eye off of them, is when things happen unless of coure you stick your money in a holding pattern.
I frankly do not like being chained to my investments like that. It does not fit into my schedule. But, while you are building up your portfolio, it is a great way to do so quickly.
The National Association Of Realtors released numbers today saying the pending home sales dropped to a record low in February. As compared to what? There in lies the rub.
“Wall Street economists surveyed by Thomson/IFR had predicted the index would inch up to a reading of 86.3. “
Who are these goobers and what does 86.3 mean really? OK, let us try and forget that we had the worst weather in 30 years hit the Mid-West in February. So much for Global Warming….LOL I will let you in on another little secret code word.
Wall Street Economists = The dude or dudette that isn’t bright enough to be trading on their own data and making millions, but needs a day job to pay off student loans and needs to have you believe that what he/she says it gospel even though it will kill your returns. Continue reading “Housing Hysteria Wrong Again - Why The Media Is Not Your Friend”
UPDATE 10:14 AM, April 8: Plugged In Numbers At Bottom Of This Story- Here is another play for Apple. Meant to get this out yesterday but got too tied up so here it is.
It is a covered Call play. Now a lot of you have heard of this, and a lot may not have.
But it is the only way that I will buy an individual stock. It is just something else that you want to add to you bag of tricks.
Ok, so we are going to buy 100 shares of Apple, and since I am writing this on Monday..whoops. at 1:30 AM so it is now Tuesday, but before the market opens I will use the closing numbers for trade.
Going to use the closing prices on these - AAPL 155.89 So let us say we shell out about $15,600 total to make it easy on me.. Therefore, we have $156 as a cost basis. Now of course our goal is always 21.5% ROI per year. Continue reading “Apple Covered Call Play- Set up for 79.91% return”