This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Annette Christine Conte for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I've been retired for five years now. This isn't actually how difficult I imagined things to be, even though I've been adhering to the 4% rule that I observed on a UA-cam channel. I still have over $760,000 left over after cashing out a lump sum, but at this rate and with the state of the market (we were investing in an index fund), I'm beginning to worry a lot.
Few people can save so much savings over their lives. However, you should transfer your capital now that you are retired and rely on your investment. A financial advisor could assist you in allocating your resources to streamline the procedure.
I'm also getting close to retirement, and working with a financial advisor has greatly helped me. I understood that index fund investing's compound interest would not be effective for me because I didn't start early. It's funny that I made more money than some of my more seasoned classmates who had been investing for a long time.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Charlotte Grace Miller.
I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I will be forever thankful to you, you changed my life and I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Mr Jihan Wu is also my invest analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my investment decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $250k portfolios. Curious
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $500k in a little over a year, my adviser chooses entry and exit orders.
Is the biggest risk that the share you choose goes down in price sharply over the time you are trading? Therefore the premiums you make don’t outweigh the losses you made on the shares you now own?
Yes. In a situation where that happens, you have a large unrealized loss on your shares and while you can keep selling covered calls you don’t want your shares to be called away below your cost basis which means the premiums you’d be collecting would be very small relative to your unrealized loss. To combat something like this, there are things you can do like using some of the premium gained from selling otm calls to buy atm puts so that if the shares go down, you collect some premium from the calls, but you can make money on those puts. It won’t be enough to necessarily turn a profit relative to the share price depreciation, but if your downside is more limited then it’s easier to turn the position into a profitable one as you continue to sell covered calls
You got it. The biggest risk is you can lose a huge portion of your nest egg. Like the other person said, when you get assigned the shares, if the price has gone down too far, you can either sell calls for next to nothing to be able to hold onto the shares, or you can sell calls a little above your new price to get a premium, and then get called out of the stock resulting in a huge loss (you already have the big loss in this scenario whether you realize it or not). You can stay on the wheel if you want, but the "income" means nothing if your capital is eroding. Of course you may be fortunate and not lose money. But at a delta of 30, you'll get assigned often enough and some of them could be painful.
I already invested in few of these but my portfolio is still down by approximately 20% i've lost over $50k and there's no hope in sight. Buying is not even an option. Any recommendations on how to scale up my returns before selling off to draw even will be highly appreciated as I am losing my mind given that my retirement draws nearer?
Not bad for a starting positions! It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why having guidance is important. I've been in touch with my CFA for about 9 years now and although I was initially skeptical about it, I will say I've made more progress within a that time frame generating 7-figure profits.
Sure i don't mind. I've stuck with ‘’Jennifer Leigh Hickman ” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead. I curiously searched Jennifer up and her webpage popped up, and I have sent her an email. I hope she gets back to me soon. Cheers!
Henry so first sell puts to get assigned and then sell covered calls on those shares? So what if sell puts dosent get assigned ? U just keep the premium and keep selling puts until it gets assigned right to do covered calls on them right
yup. you just got the WHEEL in the head. sell puts in good stock is best. you either got the stock for cheaper price or got the premium. it is better to have stocks that you are selling put and stocks that you are selling calls. if will balance it out if the market is down
@@JCJourney Say you sold put at $100 and got assigned, and stock falls to 80. This will leave you in a mode where you are waiting for it to be above 100 to do covered call sell right? Otherwise, say if you do covered call sell for 85, then you will have to keep rolling over etc. This works if there is good premiums and also if stock keeps going up or at least does not fall down crazy.
@@kalyantpv ya, that is true. you will lose money if sell covered call below $100 and get assigned or you have to keep rolling. that is why Henry suggest not doing that when the stocks are over RSI 40. when the RSI is too high or too low, it is overbought or oversold. if it is a good company and oversold, it has high chance to recover . if you sell put when it is overbought (high RSI) , it has higher chance it will drop and you will hold 100 shares, then the stock keep dropping. it is better to wait for a good and large company to drop and sell put, if assigned , you get 100 shares for cheaper price. if not, you keep premium. if get 100 shares, then you keep selling covered call. sell covered call when the stock is overbought. sell put when the stock is oversold. if you have large account, you can pick 5 to 10 stocks and WHEEL. you can get around 5% a monthly easily. 100K account. that is $5000 a month. if you do it for couple months, that is enough return to cover some of loses.
Yes. You could also sell puts to average out at a lower dollar amount and sell covered calls. So u sold 5 to get assigned at 100 strike. You avg is actually 95. If u sell again and are assigned at 80 but got 5. Then u avg out 95 and 75. Which comes out to 80 if u doubled ur position. Otherwise you could be at 85 or something lower and sell calls on those.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points>.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I'm so glad someone is sharing this. All the recent events make me want to re-distribute my portfolio. I currently have 80k in my portfolio. How can I consistently pick winning stocks?
I agree. I started trading stocks because I can work with an expert who has a good understanding of the marekt. This third quarter I've already made more than 150k in net profit.
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like 'Sophia Irene Powell " I've worked with her for over 4 years now and I'd gladly commend her exemplary service on a public post.
glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
Love the knowledge...best is taking out a few thousand a week and reinvesting the rest.. if i make 10k+ a week I'll take out 2k a week.. under 10k I'll take out 1k a week , both to pay down the lil bit of debt i have left.... the only problem is getting caught in a correction since its 30 days out..... i like weeklies for that reason...after a certain amount of capital that smaller % is still crazy good
I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $110k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
Many people often underestimate the effectiveness of a financial adviser in planning for retirement. Over the past 5 years, my FA has consistently restructured and diversified my portfolio and expenses, resulting in over $1 million in gains. While it might not seem like a huge amount, retirement now feels within reach.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Always love your info Henry! Would you recommend someone with about 25k to use around 13k for the wheel on Nvidia ? Thinking about trying to scale my account safely with this strategy, thanks!
I retired at age 53 and am now in my early 60s. Many people resisted me because they couldn't understand the idea of not working if you don't have to. I considered my life to be in phases. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." After I retired, I left the nation and now reside in Latin America. I was able to enjoy my new surroundings and escape from all the bad things that were going on in America. I haven't yet encountered anyone who laments their retirement.
@emilyshao-f6i I definitely share your sentiment about these firms. Finding financial advisors can be a personal choice sometimes, but I work with Elizabeth Louise Greak. She can assist you shape your portfolio and that would be a very creative option
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in ROI
Some people sell another put lower in price and if it keeps going down, they sell another one even lower than that. When tsla finally levels out, you will be able to sell covered calls at the shares that you were assigned at the bottom level, and then as tsla slowly comes back up you can sell CCs on the shares you bought at the next level up and so forth until it comes all the way back and by then you are selling CCs on a bunch of shares that have been DCAed down to an excellent price! Do not run the wheel on stocks that you don't believe in and want to own long-term.
Well , that works if you have a lot of capital , i got assigned tesla December 2023 at 250$ 2 contracts., More than 55000 dollars, then drops all the way to 180$ shares, how i gonna be selling cash secure put, That was all my capital, for buy any dips , matter of fact,i lost all the dips, of tesla, Now im fine. If you have any advice i will love it, cause that was all my capital to do the weel.
@@Isgood2beKingin a situation like that you have to sell puts at a strike price that you feel the downside is limited. You can also choose an underlying stock that wouldn’t use all your capital to buy the shares. Important to be mindful that the more volatile the stock is, the higher the premiums, but also more potential downside so if you choose something less volatile for a wheel position you may be better off
Why you don't tell people what would happen if market fell 20-30% and all your sold puts become assigned? All your 3-5% per month trades based on trading on margin . If market falls margin call guaranteed
Based on 2024: If assigned Tesla with puts, you’d be holding a stock that goes significantly below entry price. You’d be selling covered calls at a strike price way higher than the stock as it drops which means much lower premiums than what you are showing. You could lower the strike price and sell covered calls closer to the stock price as it drops but then you miss the stock recovery. What you show only works in theory if the stock remains flat and goes sideways.
@@DNin210 Not disallowed, but carries over until the new investment/speculation position is closed. If you are rolling options to another expiration date of strike price, it is NOT a similar instrument and is not subject to wash loss rules, even though it has the same underlying stock.
glade I found your channel can you do a video on Call you back options with a small amount....Thank you for the education and experience you bring here
"Hand over fist ... Bicep over Tricep" 😅 good sense of humor. You are killing it Henry, been watching you since you started. Love that you are giving back to the community and putting out sound actionable content without a pay wall.
What do you think of doing poor man covered call to allow selling covered calls for more contracts than owning the shares and then selling the long call when done trading.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q2 2025.
Victoria Louisa Saylor is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I've shuffled through a few advisors in the past, but settled with *Victoria Louisa Saylor* her service is exemplary and she's a genius in portfolio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.
thank you for making these videos. I'm an extremely busy man with little to no time. I'll be going through your vids during work to learn the wheel strategy.
Thanks Henry .. I'm learning lots from your great videos like this one. 👏🏼👏🏼 One thing I am not clear about .. isn't the 30 day wheel strategy in fact (2) 30 day plays? ?? In the 1st half of this video, it is implied that you can make 2% per month with this strategy. Would this in fact mean roughly 2% gains in 2 months... NOT 1 month? .. Is my thinking correct here, or am I confused? Thank you!
@@InvestwithHenry Can you answer the question though? The options you were selecting for SPY paid 1% or less for 30+ days. How are you making 1.5-2% a month with them?
I believe he has said he's done it on Ford before. It pays a good dividend. It has dropped in the last couple weeks, and I'm quite possibly going to be assigned some shares (at a loss) but then I can sell calls if I want to.
I think you are mistaken, and here's why: those index funds typically manage billions of dollars, but SPY, for example, likely manages trillions. When it comes to managing large portfolios, you can effectively manage a portfolio in the $2-10 million range. However, managing the WHEEL with a portfolio exceeding $10 million becomes a different challenge. The sheer size can move the market, and algorithms are designed to detect such substantial movements, making it an entirely different game. On a different note, one truth is undeniable: a negative mentality can keep people stuck financially. Don’t let that be you. Stay informed, do your due diligence, and focus on growth-don’t be the person who limits themselves
@ferrismartinez Well said! I like your explanation and positivity. This whole wheel strategy and doing options is brand new to me. However, I'm trying to learn it to see if this is something that I can implement into my portfolio and help my financial gain.
I think QQQ is a good candidate for the wheel. TQQQ has more volatility and is much cheaper to buy 100 shares of so I’d also look at that so that you don’t have your entire portfolio tied up at once in one asset
Very helpful videos. I have been using this strategy few months before I started watching your videos. I do exactly what you teach and it really works. Its amazing . I have done very very well is safe environment. Sometimes I pinch myself if this is really true.
I recommend looking at Henry's videos on "Put Credit Spreads", which you can also run on SPY or any high quality stock with as little as $500 (or less). I'm teaching my daughter using this strategy with just $1k and have almost reached $2k in just 4 months - safe and easy.
For an account under $10k, I’d look to wheel PLTR or TQQQ, but keep in mind these assets are volatile so be prepared for downside in the underlying and sell csp’s far enough out of the money so you don’t get into a position where you’re down a lot on your shares when you get assigned
Not trying to be negative but, if you only have a 200k account and you use it all on puts and the stock crashes you cannot average down, so your sitting with dead money and a terrible premium if you try and sell calls, but hey I’m just a silly goose I like tsll and soxl on a one week, for the high iv.
I agree with you. I'm currently sitting on YINN at ,$35 . The discussion on tariffs is pushing it further down. I'm now trading YANG. But it's more expensive.
Thank you for another informative "wheel strategy" video. I've learned something from each video. I've found that the "wheel strategy" is the best way for me to increase my income each month.
Been watching Henry for a while and also the wheel strategy. I really dislike discord and most of the guys like Henry that I follow are all on Discord. I am slowly exiting my realestate holdings and putting 90% into the wheel strategy.
I feel investors should focus on under-the-radar stocks, considering the current rise of the stock market since trump was pronounced winner of the united state election. 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Svetlana Sarkisian Chowdhury has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
People don’t have to chase over valued companies. If you know how to actually Valuate companies you will find deals no matter market. I combine my Valuation knowledge with option trading and it’s be working pretty good. I Enjoy your videos, keep them coming.
Hitting $155k from 14k didn’t happen overnight! I’ve learned that understanding the market is key trading beats holding, especially with all the changes happening right now. Roger Ruz’s insights and personalized guidance opened my eyes to strategies I’d never considered. His signals made spotting opportunities simple. Waiting for big jumps isn’t the way; it’s about consistent, strategic growth.
Soo interesting, there is a good point in your comment my friend, this is the right time to engage on day trading as especially when seeing Bitcoin maxing 99k rn and im sure by the the month end it will max 100k....
Wow, it’s inspiring to see how Roger Ruz has influenced your trading journey! I’m curious too where can I find more details about his strategies, and what’s the best way to start learning from him?
Henry, I have a very small amount just getting started. Would NIO still be a good option to run the wheel on? I know you used to trade NIO options several months ago. Thank
I have a $90,000 portfolio that I've been working on for 5 years, but lately the volatility in the market scares me... Is the bull market over? I'm thinking about moving my investments to safer options like a hysa or T-bills. What do you think?
It depends on your goals-whether you're looking to grow your money, earn income, keep your savings safe, or how much risk you can handle and how close you are to retirement.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 87% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I would like to ask, how did you achieve it? I've been trying to stick with index funds. I feel these new interest rate hikes could crash the economy. I'm looking for a better investing strategy, as I have a lump sum that inflation is steadily eating up.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
This is not risk free. 1) Selling puts can get you stock assigned, no problem with that but if stock goes really low then it can put you in a heavy loss. 2) Covered call: Stock could be taken away and if stock goes up a lot, potentially one could loose all the upside. Nonetheless these two are safest option strategies to make money.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
Working with an investment adviser is the best strategy for navigating today's stock market, particularly for those approaching retirement. After consulting with a coach, my initial $450K investment has grown to more than $800K since Q2.
Marissa Lynn Babula is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Great content! On a different topic: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move them to Binance?
I added comment on your LEAP options on Spy , Tasty Trade doesn't appear to allow me to use hte Long Leap to sell covered calls , or am I missing something, cheers from NZ
I’ve been wheeling since August of 2024 with about 30k. As of right now I’ve made 12k. I wish I started this years ago. I promise you can make it work folks. Hopefully one day I’ll be at 7 figures but we’ll see!
Beware many comments below are unfortunately bots and scammers. I won't ask for your money. Other than my link in description please be careful.
I don't understand options
You’re awesome. Thank you Henry for showing options on SPY etc.
Hopefully, they at least get you YT revenue.
You are amazing, would love you to assist me to manage my fund, you can email me if possible
You can easily block them by removing specific phrases they use especially the crypto they cite
Henry : "retirement not how much $$ you save its how effectively your $$ work for you "
Good.
This is my fifth year after retirement. I’e been following the 4% rule thing I saw on a youTube channel, but this isn’t really how hard I expected things to be. After I cashed out a lump sum, I still have about $760k left, but at this rate, and with how the market is (we were putting money away in an index fund), I’m starting to get really worried.
Not a lot of people are able to save that much in a lifetime. But now you are retired and depend on your investment, it’s best you redistribute your capital. To simplify the process, you could allocate your resources with the help of a financial advisor.
I’m closing in on retirement, too, and I have benefitted so much from using a financial advisor. I didn’t start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who had been investing for many years.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Annette Christine Conte for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I've been retired for five years now. This isn't actually how difficult I imagined things to be, even though I've been adhering to the 4% rule that I observed on a UA-cam channel. I still have over $760,000 left over after cashing out a lump sum, but at this rate and with the state of the market (we were investing in an index fund), I'm beginning to worry a lot.
Few people can save so much savings over their lives. However, you should transfer your capital now that you are retired and rely on your investment. A financial advisor could assist you in allocating your resources to streamline the procedure.
I'm also getting close to retirement, and working with a financial advisor has greatly helped me. I understood that index fund investing's compound interest would not be effective for me because I didn't start early. It's funny that I made more money than some of my more seasoned classmates who had been investing for a long time.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Just be careful!
We are all geniuses in a bull market.
When tides goes out we come to know who is swimming naked
Exactly right.
These are great sounding strategies but what happens if
one of your individual stocks
plummet.
Back to work you go.
i suppose that's a good question, how you make the money off selling options in a bear market
@@---tx9xx Be assured there's a strategy for that!
I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October
2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
Thanks so much Charlotte Grace Miller.
I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024…
I would really love to know how much work you did put in to get to this stage
I will be forever thankful to you, you changed my life and I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Mr Jihan Wu is also my invest analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my investment decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Kimberly Grace Flanagan is the CFA i use and im just putting this out here because you asked.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I love your advice. No BS just straight and simple info. No fluff
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $250k portfolios. Curious
Before making any investing decisions, it is advisable that you consult with a qualified financial counsellor.
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $500k in a little over a year, my adviser chooses entry and exit orders.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Sophia Irene Powell is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Can't divulge much, ‘’Sophia Irene Powell’’ preferably, {you can look up the name on the web, her qualifications speak for itself.
Thanks for providing summary every time 👍
Is the biggest risk that the share you choose goes down in price sharply over the time you are trading? Therefore the premiums you make don’t outweigh the losses you made on the shares you now own?
Yes. In a situation where that happens, you have a large unrealized loss on your shares and while you can keep selling covered calls you don’t want your shares to be called away below your cost basis which means the premiums you’d be collecting would be very small relative to your unrealized loss. To combat something like this, there are things you can do like using some of the premium gained from selling otm calls to buy atm puts so that if the shares go down, you collect some premium from the calls, but you can make money on those puts. It won’t be enough to necessarily turn a profit relative to the share price depreciation, but if your downside is more limited then it’s easier to turn the position into a profitable one as you continue to sell covered calls
You got it. The biggest risk is you can lose a huge portion of your nest egg.
Like the other person said, when you get assigned the shares, if the price has gone down too far, you can either sell calls for next to nothing to be able to hold onto the shares, or you can sell calls a little above your new price to get a premium, and then get called out of the stock resulting in a huge loss (you already have the big loss in this scenario whether you realize it or not). You can stay on the wheel if you want, but the "income" means nothing if your capital is eroding.
Of course you may be fortunate and not lose money. But at a delta of 30, you'll get assigned often enough and some of them could be painful.
I already invested in few of these but my portfolio is still down by approximately 20% i've lost over $50k and there's no hope in sight. Buying is not even an option. Any recommendations on how to scale up my returns before selling off to draw even will be highly appreciated as I am losing my mind given that my retirement draws nearer?
Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!
Not bad for a starting positions! It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why having guidance is important. I've been in touch with my CFA for about 9 years now and although I was initially skeptical about it, I will say I've made more progress within a that time frame generating 7-figure profits.
Impressive! I hope it's okay to inquire if you're still collaborating with the same adviser and how I can get in touch with them?
Sure i don't mind. I've stuck with ‘’Jennifer Leigh Hickman ” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead. I curiously searched Jennifer up and her webpage popped up, and I have sent her an email. I hope she gets back to me soon. Cheers!
Henry so first sell puts to get assigned and then sell covered calls on those shares? So what if sell puts dosent get assigned ? U just keep the premium and keep selling puts until it gets assigned right to do covered calls on them right
Yes exactly
yup. you just got the WHEEL in the head. sell puts in good stock is best. you either got the stock for cheaper price or got the premium.
it is better to have stocks that you are selling put and stocks that you are selling calls. if will balance it out if the market is down
@@JCJourney Say you sold put at $100 and got assigned, and stock falls to 80. This will leave you in a mode where you are waiting for it to be above 100 to do covered call sell right? Otherwise, say if you do covered call sell for 85, then you will have to keep rolling over etc. This works if there is good premiums and also if stock keeps going up or at least does not fall down crazy.
@@kalyantpv ya, that is true. you will lose money if sell covered call below $100 and get assigned or you have to keep rolling. that is why Henry suggest not doing that when the stocks are over RSI 40. when the RSI is too high or too low, it is overbought or oversold. if it is a good company and oversold, it has high chance to recover . if you sell put when it is overbought (high RSI) , it has higher chance it will drop and you will hold 100 shares, then the stock keep dropping.
it is better to wait for a good and large company to drop and sell put, if assigned , you get 100 shares for cheaper price. if not, you keep premium.
if get 100 shares, then you keep selling covered call.
sell covered call when the stock is overbought. sell put when the stock is oversold. if you have large account, you can pick 5 to 10 stocks and WHEEL. you can get around 5% a monthly easily. 100K account. that is $5000 a month. if you do it for couple months, that is enough return to cover some of loses.
Yes. You could also sell puts to average out at a lower dollar amount and sell covered calls. So u sold 5 to get assigned at 100 strike. You avg is actually 95. If u sell again and are assigned at 80 but got 5. Then u avg out 95 and 75. Which comes out to 80 if u doubled ur position. Otherwise you could be at 85 or something lower and sell calls on those.
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points>.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the lead. I just searched her name, and I have sent her a message. I look forward to hearing from her.
MAN THIS GUY ROCKS. HENRY COULD YOU MAKE A SMALL video on how to handle the Tax part of this. Ty
Just don't pay them !😅
"So here's the 1-minute summary" 0:39
SPY monthly Wheel with a 27 Delta
I'm so glad someone is sharing this. All the recent events make me want to re-distribute my portfolio. I currently have 80k in my portfolio. How can I consistently pick winning stocks?
If you are not a professional, it's much easier you work with a professional who understands the ins and outs of the market.
I agree. I started trading stocks because I can work with an expert who has a good understanding of the marekt. This third quarter I've already made more than 150k in net profit.
This sounds like incredible profit. Could you recommend who you work with so I could check them out?
I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like 'Sophia Irene Powell " I've worked with her for over 4 years now and I'd gladly commend her exemplary service on a public post.
glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal
Thank you for your time and talent!!!
So nice of you
Another wheel video and I can't stop watching...... biceps over triceps haaaaaaaa my brother.🤙🍷🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Love the knowledge...best is taking out a few thousand a week and reinvesting the rest.. if i make 10k+ a week I'll take out 2k a week.. under 10k I'll take out 1k a week , both to pay down the lil bit of debt i have left.... the only problem is getting caught in a correction since its 30 days out..... i like weeklies for that reason...after a certain amount of capital that smaller % is still crazy good
I just turned 44 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 55. How best do I maximize my savings of over $110k
Retirement is now more difficult than it was in the past. it's all about balancing your risk tolerance with your long-term goals. Maybe consider speaking to an advisor to help in diversifying your portfolio to spread out the risk.
Many people often underestimate the effectiveness of a financial adviser in planning for retirement. Over the past 5 years, my FA has consistently restructured and diversified my portfolio and expenses, resulting in over $1 million in gains. While it might not seem like a huge amount, retirement now feels within reach.
Could you kindly elaborate on the advisor's background and qualifications?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Always love your info Henry! Would you recommend someone with about 25k to use around 13k for the wheel on Nvidia ? Thinking about trying to scale my account safely with this strategy, thanks!
All is wonderful until something goes South. You never talk about that and it happens and it can easily destroy your account.
Not selling puts on spy
Your the best hands down! I already finished your classes. Thank you for the knowledge.
I retired at age 53 and am now in my early 60s. Many people resisted me because they couldn't understand the idea of not working if you don't have to. I considered my life to be in phases. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." After I retired, I left the nation and now reside in Latin America. I was able to enjoy my new surroundings and escape from all the bad things that were going on in America. I haven't yet encountered anyone who laments their retirement.
@emilyshao-f6i I definitely share your sentiment about these firms. Finding financial advisors can be a personal choice sometimes, but I work with Elizabeth Louise Greak. She can assist you shape your portfolio and that would be a very creative option
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
@@ediencuielizabeth is a fraudster and will steal your money 😮
Can I start with a couple grand? How fast can I scale that? Should I use this strategy?
@@streetbloodfam don't do it, you'll get your money stolen
Bro, i bought XAI533K in November after your video. i'm up 379%.
Thank you, Henry 👍❤
Great information! Thanks Henry!
How can I reallocate the $400k in my investment portfolio to capitalize on market volatility?
You should better diversify your portfolio to defensive assets. If you don’t have good experience you should consult with a fiduciary
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in ROI
Pls how can I reach this expert, I need someone to help me manage my portfolio
Stacy Lynn Staples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Wheel is good until stock market crash or your stock price go down sharply. If that happened you will lost a lot.
Question. Is your portfolio retirement money or are you removing funds each year to pay taxes? Thanks for the info.
Thanks Henry your the best!❤
How do you manage when stock drops drastically after assignment. That happened to my with tsla.
Some people sell another put lower in price and if it keeps going down, they sell another one even lower than that. When tsla finally levels out, you will be able to sell covered calls at the shares that you were assigned at the bottom level, and then as tsla slowly comes back up you can sell CCs on the shares you bought at the next level up and so forth until it comes all the way back and by then you are selling CCs on a bunch of shares that have been DCAed down to an excellent price! Do not run the wheel on stocks that you don't believe in and want to own long-term.
Well , that works if you have a lot of capital ,
i got assigned tesla December 2023 at 250$ 2 contracts.,
More than 55000 dollars, then drops all the way to 180$ shares, how i gonna be selling cash secure put,
That was all my capital, for buy any dips ,
matter of fact,i lost all the dips, of tesla,
Now im fine.
If you have any advice i will love it, cause that was all my capital to do the weel.
@@Isgood2beKingin a situation like that you have to sell puts at a strike price that you feel the downside is limited. You can also choose an underlying stock that wouldn’t use all your capital to buy the shares. Important to be mindful that the more volatile the stock is, the higher the premiums, but also more potential downside so if you choose something less volatile for a wheel position you may be better off
Why you don't tell people what would happen if market fell 20-30% and all your sold puts become assigned? All your 3-5% per month trades based on trading on margin . If market falls margin call guaranteed
Even if you aren't trading on margin, the pain of a pullback would be very real. Selling options is also leverage, and leverage is double-edged sword.
Based on 2024: If assigned Tesla with puts, you’d be holding a stock that goes significantly below entry price. You’d be selling covered calls at a strike price way higher than the stock as it drops which means much lower premiums than what you are showing. You could lower the strike price and sell covered calls closer to the stock price as it drops but then you miss the stock recovery.
What you show only works in theory if the stock remains flat and goes sideways.
Love your video, 🎉happy holidays
Thank you! You too!
Can you speak to the tax ramifications of doing this in a taxable account? Thanks
Taxed as short term gains. If you lose and then reinvest in same or very similar investment, it produces a disallowed loss.
@@DNin210 Not disallowed, but carries over until the new investment/speculation position is closed. If you are rolling options to another expiration date of strike price, it is NOT a similar instrument and is not subject to wash loss rules, even though it has the same underlying stock.
i love the short summary idea
glade I found your channel can you do a video on Call you back options with a small amount....Thank you for the education and experience you bring here
$200K in one Stock option, man that can turn south real quick on you if it crashes. Love your videos though.
Your teaching is really cool. Hi from Italy
"Hand over fist ... Bicep over Tricep" 😅 good sense of humor. You are killing it Henry, been watching you since you started. Love that you are giving back to the community and putting out sound actionable content without a pay wall.
I appreciate you sharing and teaching for free Henry. I wish I had come across you a few years earlier. Not getting any younger...
Keep at it Henry, this is helping people.
What do you think of doing poor man covered call to allow selling covered calls for more contracts than owning the shares and then selling the long call when done trading.
You are definitely Henry.
Rewatching,thanks again Henry
Sounds good, thnaks Henry
Absolutely amazing,,, am learning everyday
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q2 2025.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Victoria Louisa Saylor is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I've shuffled through a few advisors in the past, but settled with *Victoria Louisa Saylor* her service is exemplary and she's a genius in portfolio diversification. I'd suggest you research her further on your browser, sure you'll find her basic info.
Thanks so much for sharing, please make a video for margin account, please do
thank you for making these videos. I'm an extremely busy man with little to no time. I'll be going through your vids during work to learn the wheel strategy.
Thanks Henry .. I'm learning lots from your great videos like this one. 👏🏼👏🏼 One thing I am not clear about .. isn't the 30 day wheel strategy in fact (2) 30 day plays? ?? In the 1st half of this video, it is implied that you can make 2% per month with this strategy. Would this in fact mean roughly 2% gains in 2 months... NOT 1 month? .. Is my thinking correct here, or am I confused? Thank you!
@InvestWithHenryC hmm ... not sure about that.. I just tried calling and I got a "this number has been disconected" msg. 🤔
Because that's a fake account pretending to be me man
@@InvestwithHenry I figured as much. Sorry you have to deal with crap like that. Thanks again for what you do here!
@@InvestwithHenry Can you answer the question though? The options you were selecting for SPY paid 1% or less for 30+ days. How are you making 1.5-2% a month with them?
do you do the wheel strategy with dividend stocks?
I believe he has said he's done it on Ford before. It pays a good dividend. It has dropped in the last couple weeks, and I'm quite possibly going to be assigned some shares (at a loss) but then I can sell calls if I want to.
If making 2% per month were as easy as wheeling SPY, there’s no way the majority of funds would be underperforming the index
I think you are mistaken, and here's why: those index funds typically manage billions of dollars, but SPY, for example, likely manages trillions. When it comes to managing large portfolios, you can effectively manage a portfolio in the $2-10 million range. However, managing the WHEEL with a portfolio exceeding $10 million becomes a different challenge. The sheer size can move the market, and algorithms are designed to detect such substantial movements, making it an entirely different game. On a different note, one truth is undeniable: a negative mentality can keep people stuck financially. Don’t let that be you. Stay informed, do your due diligence, and focus on growth-don’t be the person who limits themselves
@ferrismartinez Well said! I like your explanation and positivity. This whole wheel strategy and doing options is brand new to me. However, I'm trying to learn it to see if this is something that I can implement into my portfolio and help my financial gain.
Thanks Henry, how do I participate 1 to 1 couching?
Step 1) buy a couch
@@polish2x91how to buy and how much
@@polish2x91 how much? And where to buy,thanks
some good gems, Henry 🎉
Also what if I do this on QQQ? With my whole portfolio
I think QQQ is a good candidate for the wheel. TQQQ has more volatility and is much cheaper to buy 100 shares of so I’d also look at that so that you don’t have your entire portfolio tied up at once in one asset
Very helpful videos. I have been using this strategy few months before I started watching your videos. I do exactly what you teach and it really works. Its amazing . I have done very very well is safe environment. Sometimes I pinch myself if this is really true.
What if I got $10K to start with instead? Can I do that same SPY strategy 🤔
no. You need to be able to afford 100 shares because 1 contract is 100 shares.
at $599 for SPY, you would need $59,900 minus the premium you collected to sell 1 put contract.
I recommend looking at Henry's videos on "Put Credit Spreads", which you can also run on SPY or any high quality stock with as little as $500 (or less). I'm teaching my daughter using this strategy with just $1k and have almost reached $2k in just 4 months - safe and easy.
He also has a video specifically for "small account strategies"
For an account under $10k, I’d look to wheel PLTR or TQQQ, but keep in mind these assets are volatile so be prepared for downside in the underlying and sell csp’s far enough out of the money so you don’t get into a position where you’re down a lot on your shares when you get assigned
Do you teach option on E*Trade? I get so confused.
I'm curious why you don't trade using IWM? The ETF is $243 compared to SPY at $603.
Can you do this with money in a regular IRA and, if so, would the income be tax free until it’s withdrawn?
yes, you can trade options and even futures in Schwab IRA, I assume true with Interactive Brokers and Tastytrade as well
Thank You Henry
Where do you cover itm situations?
@investwithHenry When you mention the RSI and the Bollinger bands what time frame are you looking at them?
Not trying to be negative but, if you only have a 200k account and you use it all on puts and the stock crashes you cannot average down, so your sitting with dead money and a terrible premium if you try and sell calls, but hey I’m just a silly goose I like tsll and soxl on a one week, for the high iv.
I agree with you. I'm currently sitting on YINN at ,$35 . The discussion on tariffs is pushing it further down. I'm now trading YANG. But it's more expensive.
What about the dude that retired on 27k with PMCCs... These are hardly covered on YT. Appreciate ya Henry 💪👍
Thanks Henry.
Can you teach options for beginners
There’s lots of resources for options basics on YT. Watch those videos to understand basics and come back to these videos
WE LOVE U HENRY
But if market goes down then this strategy most likely not gonna work ?just like Tesla or Nvidia often dips
Thank you for another informative "wheel strategy" video. I've learned something from each video. I've found that the "wheel strategy" is the best way for me to increase my income each month.
hi Henry, thanks for your qualify contents. I'd like to ask if RDDT a good stock for wheel trading? Many thanks.
Hi Henry, I have subscribed to your channel.why there is only one expiration date starting in Feb 2025?
Been watching Henry for a while and also the wheel strategy. I really dislike discord and most of the guys like Henry that I follow are all on Discord. I am slowly exiting my realestate holdings and putting 90% into the wheel strategy.
Tsla, what’s the strike for covered call
agreed on XAI533K 36-38x coming up
I feel investors should focus on under-the-radar stocks, considering the current rise of the stock market since trump was pronounced winner of the united state election. 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Svetlana Sarkisian Chowdhury has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
And this one will end with some scam artist recommendation trust me people just listen to people like Henry here and few others here on UA-cam.
What do you charge for one on one training?
People don’t have to chase over valued companies. If you know how to actually Valuate companies you will find deals no matter market. I combine my Valuation knowledge with option trading and it’s be working pretty good. I Enjoy your videos, keep them coming.
I only have 30k what I should do ?
Hitting $155k from 14k didn’t happen overnight! I’ve learned that understanding the market is key trading beats holding, especially with all the changes happening right now. Roger Ruz’s insights and personalized guidance opened my eyes to strategies I’d never considered. His signals made spotting opportunities simple. Waiting for big jumps isn’t the way; it’s about consistent, strategic growth.
Soo interesting, there is a good point in your comment my friend, this is the right time to engage on day trading as especially when seeing Bitcoin maxing 99k rn and im sure by the the month end it will max 100k....
Wow, it’s inspiring to see how Roger Ruz has influenced your trading journey! I’m curious too where can I find more details about his strategies, and what’s the best way to start learning from him?
Why not, you're most welcome tho, this is his official Telegrams
@RogerRuz :That's his Handle!
I'll message him now to get started ✍✍✍... This is truly the moment to dive in and stay ahead of the curve. 👏
i used weeklies to get 13% on gme this month
I cant sell puts or calls. What do i do?
Henry, I have a very small amount just getting started. Would NIO still be a good option to run the wheel on? I know you used to trade NIO options several months ago. Thank
Will be difficult to sell CMG options unless you pick third Friday of each month. No volume.
May I know what's your plan when SPY drop 25% like it did back in 2022?
Love it !
thanks :)
I cannot join Henry your site says site not available.
I have a $90,000 portfolio that I've been working on for 5 years, but lately the volatility in the market scares me... Is the bull market over? I'm thinking about moving my investments to safer options like a hysa or T-bills. What do you think?
It depends on your goals-whether you're looking to grow your money, earn income, keep your savings safe, or how much risk you can handle and how close you are to retirement.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 87% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I would like to ask, how did you achieve it? I've been trying to stick with index funds. I feel these new interest rate hikes could crash the economy. I'm looking for a better investing strategy, as I have a lump sum that inflation is steadily eating up.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
This is not risk free.
1) Selling puts can get you stock assigned, no problem with that but if stock goes really low then it can put you in a heavy loss.
2) Covered call: Stock could be taken away and if stock goes up a lot, potentially one could loose all the upside.
Nonetheless these two are safest option strategies to make money.
Henry plz share more videos that works for plo that are starting on option with small account 5k
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
Working with an investment adviser is the best strategy for navigating today's stock market, particularly for those approaching retirement. After consulting with a coach, my initial $450K investment has grown to more than $800K since Q2.
I'm worried about my retirement portfolio and could use some guidance. How can I get in touch with your advisor?
Marissa Lynn Babula is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Great content! On a different topic: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move them to Binance?
I added comment on your LEAP options on Spy , Tasty Trade doesn't appear to allow me to use hte Long Leap to sell covered calls , or am I missing something, cheers from NZ
I’ve been wheeling since August of 2024 with about 30k. As of right now I’ve made 12k. I wish I started this years ago. I promise you can make it work folks. Hopefully one day I’ll be at 7 figures but we’ll see!
Why not weekly?
Lately Nvidia IV is low unless it’s close to earnings.