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You are correct...Example GM, GE you are left holding the bag and either have to buy it back (put) or hold till another option (covered call) can be sold again. Yes, silver could drop by almost a third in the next 14 months. But, with the amount of borrowing the federal government is doing, I...

Covered calls/puts to buy back, are not complicated...They are the safest option out there. If you didn't know that...Well, you can do your research. Also, in a Roth IRA, they are the only options allowed by the federal government. But of course you knew that... You can never be naked in a...

Yeah, I know you're going to say, talk to your tax professional. Don't want to bug him right now. But I want to throw out an idea. I have a Roth IRA...I've paid the taxes, so it's "my" money...To try to make more money (I'm over 59 1/2). So I can/could buy SLV for $15.85 today...Free...

The Charles Schwab Corporation (SCHW) Hit over $44. a share today!! Assets under management, the float, and their bank is making a big difference. Would love to see this quarter how much new money comes into their brokerage firm.

Don't know if you did a "all or nothing". Sometimes you can sell it off (or buy) 100 shares at a time. With little or no commissions now, it is more doable with 100 share lots...And patience. PS It can be more paperwork if you ever got audited by the IRS. That's one of the reasons I don't...

HOARD, HOARD HOARD...In my underground bunker!!!

You are correct on earning machination. But, I also see it in two different ways...Assets under management and addiction. All the brokerage firms (banks) want to see assets under management (or cheap deposits). Schwab became the 7th largest bank in the US from this formula!! Maybe they can...

McDonald's earning came up a little short today. Stock is down slightly. It might be the way to go during a recession. People may drop their conscience and pocketbook (Starbucks) and go for the cheaper MCD. Also I could do covered calls. Could buy 100 shares of MCD and do a "sell to open"...

Never mind...Found it...

I saw a place where coffee can be an inflation hedge...Such as a commodity. I do not want to invest in Starbucks or McDonalds. How can I play this commodity? I do not want to buy the commodity itself (options), but in companies that do major handling of the product. Maybe a boring, stable...

I'm good. Getting older (turned 64)...Medicare here I come!! Playing with a grandchild, another one on the way. Still do my boring covered calls on stable stocks (think Schwab, ADM, PG, Exxon). Waiting on SSI and talking with my CPA on how to move money around (without getting clobbered tax...

Hi...Haven't talked to you for awhile. Got Firefox and had to regain a lot of info. If you don't mind me asking...How much of your time (money) in on consulting (bird in the hand), and how much is on day trading? It seemed like you needed to settle on that old issue, before you would consider...

Today (Friday) Schwab was over $40. per share...Day's Range 39.43 - 40.05 I think when they announced the zero commission, it was at about $42. and it fell below $35. per share. I own some Schwab shares (and do covered calls on them). Just glad to see the market not panic on Schwab with their...

With the power going out in California (because of potential wild fires), just wondering how many clients had to make phone orders to clear out positions?? Thousands of traders yelling "AHHHH" at their dead computers!!!

For my kids growing up and my wife's and my IRA's (Roth IRA's) we would buy and DRIP RVT and RMT. They will pay out in stock if you wish. Look at their history. The Royce family of stocks are still my families biggest holdings. Boring, but stable...Buy and hold. They find those value stocks...

The (2 ton) white elephant in the room, no one is talking about, is the "exit fees". Your broker screws up or you get little or no service (tech support, internet, phone) and move your account. Usually it can run about $150. per account to move...Plus the float waiting for the money to get to...

Hey, just wondering if more widow and orphan stocks (IBM, VZ, ADM, MCD) will be bought and held with the 0 commissions platform? Small value investors may choose to buy 10 shares of MCD every month...

Interesting about the Canadian pot/weed company. I bought stock in Miracle Grow last year. Made some money and it will be called away soon (covered call). Was thinking both the pot/weed play and also the "back to nature", vegan play. Pot/weed is a lot like 3D printers. You know there will...

I've been chewing on this one for awhile. Thought I/we could get a thread going on how to tell what is going on with a company. Over 10 years ago I was working as an outside contractor at a Hershey (HSY) plant in California. Every line was falling apart...They were using duck tape and glue to...