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I'm sure no one here has a 401K or IRA...Stupid leaches...

Not going to argue. Just putting it out there. Won't take the bait...You have no idea who I voted for...

A bit of some background...My wife and I make about $60-70,000. a year. We could make more...But we enjoy the ACA (Obamacare) tax saving every year. Big times savings, since (2020) I was 64 and my wife was 63...spent a HUGE amount for insurance (think $25-30,000. cost each year). We have many...

I don't think you will be blown out of the water in a major correction. It reminds me of Buffett (Berkshire Hathaway) buying BNSF. He bought it at such a great price...No one saw it coming!! The product will still be used during a major corrections (example commodities). Refine your trading...

I'm not as leveraged like you, but I do something that works similar concerning due diligence/value/balance sheet. I steal from someone else!! The Royce Family of Funds...RMT, RVT. They will do many things that you do. I usually will wait for a correction, then buy individual stocks from...

Not a very long listen...But worth while. What the REAL young people are doing...

An 18 year old with a wad of cash is a dangerous thing!! Add outrageous interest and you have disaster waiting to happen. I agree, they can be good for establishing credit. But, the pitfalls have not been taught in school...Hence, the kids become slaves to these cards...

Again, like the oil situation...The OP was trying to clear a position on a futures contract over the weekend!!! No one has ever had problems with derivatives over a weekend!! Wait, derivatives almost took down the western world in 2008... Why do we hear about back testing so much?? The...

When you walk into Walmart you KNOW the quality you are getting. Buy a pair of jeans and they fall apart in weeks/months!! WOW, I never knew it could happen??!!! Yes you did...You could have gone to a farm supply store, paid double and have a good quality pair that would have lasted much...

After going through 14 pages of posts...I'll throw in my 2 cents. You did not have to go with this broker!! You could have gone with a full service broker who "MAY" have made you whole from this trade. But, you chose to go with a discount broker. You get what you paid for. You chose to sign...

No market...Things happen. You want to run with the big boys...

As Cabin was fading away in the hospital bed, I could hear him yelling..."CLEAR OUR POSITIONS, CLEAR OUR POSITIONS!!!

You start with a wrong presupposition and you get a wrong answer...One size does not fit all. Let's go to Edward Jones and have them run an analysis of what I need for retirement!! "The computer readout says you need loaded mutual funds and a couple of annuities"!! I've shared my situation...

Yes, I am down quite a bit on my stocks...I will grant you that. But, I have about 10-15% of my stocks in covered calls...Quality stocks. So things like; QQQ, CHH, AAPL, EWA, HPQ, MCD, WY, LOW I will be able to buy back cheaper. Wait, then do more covered calls. I am doing less and less...

Whenever my wife or I have $2-4,000. to invest in our ROTH IRAs or our trust, we would buy 100 shares of JO (coffee) or SLV (silver) futures. We would then to a covered call just out of the money for as long as possible. Most of these get called away. We have a hard time finding places to...

In "87" I could do a covered call on a boring stock. I would then take that money and put into a money market account earning maybe 5-8%. I wasn't too worried about that crash if I recall. If rates rise again, that "might" be a way to generate extra income...

YOU WERE NAKED BORROWING!! YOU WERE NAKED BORROWING!! Rinse and repeat...What part of that option do you not understand?? When you signed the disclosure with Tradezero, you stated your knowledge of trading options was vast and lengthy!! Were you telling the truth?? I assume you read the...

If it's ITM just slightly, I will buy it back. If not...Let it get called away. I and the market think it's a quality stock. As I have shared before, I found it with the Royce Family of Companies (RVT, RMT)...Closed end funds. They really pick off gems...RVT hit an all time high yesterday...

I went back and forth with this one today...Upland Software https://finance.yahoo.com/quote/UPLD?p=UPLD I have 200 share I bought cheap about a year ago. They don't show profits, because they want to grow. Over 800 employees...Not chopped liver...Cloud computing. I did a covered call today...

There are a few times when the dividend can be a plus. In a Roth IRA, tax free it can work fine for tax purposes. I will also post a thread I wrote back in December. This situation made financial sense and I will pay less tax because of it. You always have to look at the full benefit from the...