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As I have shared before, I am an insomniac...I got up at 11:30 am California time today. Not much active trading I can do. I put in my order last night for LAND...$23.99., 200 shares. I picked it up for $23.94 this morning. I then did a covered call Feb 23 $25. I sold them for $2.06...I also...

He needs to go back to Reddit with his other memes. Administrator...Please drop this guy!!

Yeah, that Warren Buffett is an idiot for accumulating Apple... Something to think about...

It has a fair dividend...It's Australian. I wanted to diversify out of the US a little. It seems to be a bunch of attorneys working to protect patent and IP claims though out Asia. Very boring, but if you see your patent being violated (outside of China of course), you can try and find...

At Schwab and Fidelity, I will buy ETFs then do covered calls on them... It can not be a master limited partnership in my Roth...Example USO.

Can I trade options in IRA account? "Yes, you can trade options in IRAs," says Mike Scanlin, CEO of Born To Sell, an online service for covered-call traders. "Covered calls are by far the most common strategy." IRA and option trading rules prohibit the selling of "naked" puts, but you can use...

In general, at 59 1/2 you can take all or part of the distribution...You have already paid the taxes. Anytime after that, it can be the same...Up to and including 10 years after death, by the beneficiaries (Roth IRA).

Yes, but the funding/income tax is paid in the year of YOUR choosing!! The same with early withdraw. With the farm/rentals, my income would be all over the place each year. Some years I would not move the money to the Roth (large income). In those years I would take as many expenses as I...

For over 35 years my wife and I have estate planned. We have a lot of Roth IRAs that we hope to pass on to our kids. We would have IRAs, Keogh plan, 401Ks over they years (Keoghs are hardly ever used now). We have always used a CPA...Our taxes are just complicated enough to need one. During...

There is a place in society for dividends...Elderly people who want/need income while they preserve assets. An example why managers of trust funds choose ADM... Cash Dividend Declared In addition, ADM’s Board of Directors declared a cash dividend of 40.0 cents per share on the company’s...

Not "free money"... Who: market makers, banks, stock brokers, hedge funds, pension funds, foreign governments, wealthy people in other countries, individuals. Why; they believe they know where the stock will be in the future. They can buy (low) and sell (high) their stock to other gullible...

You sound very condescending. So, you believe this author is wrong?? If I were to take an industry (say oil), and Trump shuts down the country. Oil futures go negative, and I buy Exxon or BP and do a leap...Goldman would influence that trade?? Or take present day...I buy a chip ETF in a year...

First, I am not good/great with math. I am/was a business man/investor, who has amassed millions (with an s...Thank you God) over the years. I was ADHD as a kid...I grew out of it at about age 16...Most of my math had passed me by. I got my BA, but only had to get past pre algebra in high...

A quick read on public pensions and the mess they are in...

A quick example (cutting to the quick)...Saying there is NEVER a place for CCs. Say we were in the middle of a recession. I (having the cash), were to buy QQQ, then do a covered call (leap), would that be wrong?? I would put my price in (about 1% lower than the bid/ask). I pick it up (the...

I'll do a 10 minute reply...Don't want to go heavy into details, I have better things to do. You are correct concerning industry leaders that can go south (GM, GE 2008-10). But I still would not mind holding things like Apple even in a recession, if it had dropped 20-30%...Wait for a recovery...

I have done covered calls for over 25 years. I enjoy the income it can provide, while having very little downside (depending of the stock). I choose the most stable stocks I can find. They should be an industry leader. I am going on 67 years old...I may not be able to buy back my option, if...

What are you talking about?? Some of the most advanced technology in the world comes from Russia!!

I've taken my position in wheat (on other threads here WEAT). I still feel the port of Odessa could be bombed at anytime by either side. Even after the war, the different ports in Ukraine could be bombed by either side...

In a way I was just kidding...I do buy on bad earnings. I have done it for 40 years. I look for quality stocks that have a bad quarter, but seem to be solidly based. This has worked great in some situations (McDonald's, Walmart, Apple, Avis/Budget), and badly (GE and GM...2008).