Awesome stuff Mark,as always! Great holidays to you and yours! I look forward to the new year! Keep doing what you’re doing, it is a real service to those of us who pay attention to you. Thanks, dmc
The folks at Empower had 2/3's of my IRA in bonds. I watched my IRA for years go forward like a slug. I transferred my IRA to Schwab and now manage and trade it myself. My gains are up by $95K since late October doing the very things you are talking about.
@@DollarswithDiana diluted and then fortified by Bitcoin so kinda cancels out the dilution. If you believe in the thesis of bitcoin, bitcoin continues to go up and appreciate against the dollar which continues to depreciate against all hard assets.
@@DollarswithDiana coca cola has a low p/e ratio and doesn’t move…the earnings fallacy is one that hasn’t worked in 30 years… at least for growth stocks. Thank you
if I understand well your method and if I want to apply it on dividend stock to collect more "dividends", one very good method would be to just: 1- buy the stock 2- sell an ATM call weekly on monthly 3- When the "juice" is becoming small then roll this call on the next expiry ATM call ? Doing this you won't loose your shares, collect the juice and let the stock moving up or down for potential long term appreciation Am I correct?
I used to have a financial advisor. I discovered that they were charging me almost as much as the stocks and mutual funds they put me were generating. I've been doing it myself for decades and doing much better.
@@coveredcalls Awesome great job getting that done. I don't mind hanging drywall I just hate mudding :( A lift is the great invention. I always work alone and it was so nice when I admitted that using tools to make things easier was not cheating :)
You are exactly true. I knew that these stock brokers game 10yrs ago when I noticed my returns were not growing to match inflation. So I took my work 401k and moved as much money to Charles Schwab so I could to buy Bitcoin and Microstrategy. Im trying to teach my coworkers but they are caught in the rat race with no hope. Idiots
Awesome stuff Mark,as always! Great holidays to you and yours! I look forward to the new year! Keep doing what you’re doing, it is a real service to those of us who pay attention to you.
Thanks,
dmc
@@darrenmc5424 thank you and happy holidays to you!!! Let’s make ‘25 great!!!
The folks at Empower had 2/3's of my IRA in bonds. I watched my IRA for years go forward like a slug. I transferred my IRA to Schwab and now manage and trade it myself. My gains are up by $95K since late October doing the very things you are talking about.
@@sauerbone5208 see, THAT’s what I’m talkin’ about!!
@coveredcalls Mark what about the continuous diluted MSTR shares??
@@DollarswithDiana diluted and then fortified by Bitcoin so kinda cancels out the dilution. If you believe in the thesis of bitcoin, bitcoin continues to go up and appreciate against the dollar which continues to depreciate against all hard assets.
Thank you for your service!
@@stanleyhitchcock4768 🙂
Brokers see the PE ratio and other factors that rate Tesla an "F", so that's why they dissuade you from buying it and MSTR.
@@DollarswithDiana coca cola has a low p/e ratio and doesn’t move…the earnings fallacy is one that hasn’t worked in 30 years… at least for growth stocks.
Thank you
if I understand well your method and if I want to apply it on dividend stock to collect more "dividends", one very good method would be to just:
1- buy the stock
2- sell an ATM call weekly on monthly
3- When the "juice" is becoming small then roll this call on the next expiry ATM call ?
Doing this you won't loose your shares, collect the juice and let the stock moving up or down for potential long term appreciation
Am I correct?
Yes, but change it to "probably won't lose your shares."
@@coveredcalls OK means it could be excercised before the expiry day even there is still some "juice" in the call?
@ yes. Rare but happens.
I'm learning how to do this so I don't mess up!!
@ oh you are gonna mess up. We all do… and then we learn and go forward….
I used to have a financial advisor. I discovered that they were charging me almost as much as the stocks and mutual funds they put me were generating. I've been doing it myself for decades and doing much better.
Studies show it is about 3.4% off the top.
Yup!
HI Mark.. good morning
Hello there!
Thank you so much Mark. I hope you and yours have a Merry Christmas. Hey where did my drywall lift go :)
@@donaldhuddleston5613 I used it to drywall the new bath ceiling this weekend. Merry Christmas to you!!
@@coveredcalls Awesome great job getting that done. I don't mind hanging drywall I just hate mudding :( A lift is the great invention. I always work alone and it was so nice when I admitted that using tools to make things easier was not cheating :)
I believe the day bitcoin hit 100k was the 15 yr anniversary of the last time you could buy 12 bitcoin for 1cents
Oh wow. Great trivia.
And if your broker is bald definitely don’t trust him. 😂.
@@Nathan00at78Uuiu totally agree!!
@ hahaha. Love hanging out and watching what you have to share.
@ glad you are enjoying…
Amen
:)
i thought people stopped listening to brokers when online trading took over. Like three decades ago.
@@Roscoe0494 most didn’t…
You are exactly true. I knew that these stock brokers game 10yrs ago when I noticed my returns were not growing to match inflation. So I took my work 401k and moved as much money to Charles Schwab so I could to buy Bitcoin and Microstrategy. Im trying to teach my coworkers but they are caught in the rat race with no hope. Idiots
@@carlowminis198 we exit the rat race at the time that we deserve….merry Christmas!