I would under no circumstances in any lifetime ever tell someone purchase a subscription to any of those groups. The suggestion you have if meant to learn about different option trading strategies is perfectly fine for learning, but it should be supplemented with better, more in depth resources.Check out Sky View Trading on YouTube.
Agreed! Options are risky, that's why the big trading platforms require you to be approved to trade them. Right now, 90% of the youtube "how to make a steady income" people are dying a quick financial death. Especially the ones that were writing puts.I can't say this enough, do not just jump into option trading. The stakes are higher, the capital you are up against can move names like you can't believe. The things done at the institutional level especially in illiquid securities makes it ripe to lose money for an average retail investor.
Long hold isn't the way to go now unless something bottoms completely out. For example, Cisco (CSCO) is getting crushed right now due to their dependence on Chinese manufacturing. Fundamentally they are a very sound company. If they were to drop to say 20 (they were in the low 30's today) you might think of them as a bargain that you buy and just hold because you know they will go back into the 40's at some point. BUT you would only do that if you had money that you knew you wouldn't need before 2021. It's an election year with a pandemic, anything can happen between now and the end of the year. Basically it would be a pure gamble and too risky to lock that money up when there will likely be upswing opportunities that you could take advantage of when the market turns.Have a question for those more versed in the stock market, as stock prices plummet right now. Wouldn't now be the best time to buy up or just keep waiting until the knife stops falling? Why hold purchases when you can get a good price on certain shares?
I don't imagine the market would crash out completely, recession sure. But the market will have to take an upswing at some point?
I'd probably go with LEAPs if I were going to do that. Less risk, similar reward and lots of leverage if the market takes off.I’m planning on getting things in Cisco, airlines, vehicles, retail. Will hold for a year and see where it goes so I can learn some things.
Should you care about negative bond yields?Investors don’t physically pay the issuer when yields are negative. Instead, the bond’s new issue price trades at a high premium to par, which results in a negative yield. For example, in May, the German government issued a 2-year bond with a 0% coupon and an issue price of €101.33. Over the course of the bond’s life it will not distribute any coupons payments but will payout a final maturity of €100. Consequently, this bond has a yield of -0.65% at issuance because an investor paid €101.33 to receive €100 two years later.
We managed to get into that very short, very steep dip. Just notified to sign the closing docs. We dropped our interest by 1.375%, gave us a nice little $140/mo bonus.Look into refinancing your mortgages. Everyone's situation is different, but the mortgage market is downward trending right now.
free opportunity to move some assets from the C fund directly into Amazon!I don't recommend this, but if you need the cash:
401k withdrawal penalties waived under coronavirus stimulus package
I believe it's currently 5% matched but waiting on them to get back to me to be sure. Right now I'm basically a 1k above a tax bracket. Would it be prudent to increase my contribution so I can get taxed at a lower bracket?What do they match your contribution up to, something like 10%? If that's the case, how much are you letting your employer off by not maximising your own contribution?