Didn't he preach 3 moons ago that true passive income comes from property ownership? Guess his stance comes down to where the wind blows from in the moment and washes the most money into his personal bank account.
Selling Options for passive income by Robert Kiyosaki
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You are one of the very few on this entire site who speak truth and share facts. Gotta cheer the few heroes.
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Because almost everyone else here does not know how to help you. They frantically try to help themselves but lack the intellectual capacity to do so.
We are speaking of a level of passion that would enable you to learn on your own. If you possessed the required level of passion you would never have to ask those types of questions on this forum or have to buy course material. You would have shown an extreme interest in excelling at math very early on, you would have self learned at a very young age, been recognized for your efforts, been admitted to a top school, aced the interviews to get into a professional trading environment and learned the trade from real professionals. If you perform even above such level you would have self taught all that independently, something only true prodeges can do. But you did not. And that means you simply lack the required level of passion. Sorry, but dreaming about something sadly does not cut it. You need to demonstrate how you put those dreams and desires into action that result in early life decisions that indicate your desire and unquenchable thirst for knowledge and experience that is directly relevant to the area of expertise you desire to be in.
Sounds harsh, but so is the market place that is dominated by math geniuses, those in the top 5% IQ wise and bring to the table the necessary level of tenacity, ability to go through pain, and desire to win win win. The remaining top players that control the market are sharks who don't mind to resort to grey zone or outright illegal ways to get what they want without any concern for others (until they get caught).
I highly second earlier recommendation. Put your funds into a passive investment account and choose a different area you want to invest in your career.
Sounds harsh, but so is the market place that is dominated by math geniuses, those in the top 5% IQ wise and bring to the table the necessary level of tenacity, ability to go through pain, and desire to win win win. The remaining top players that control the market are sharks who don't mind to resort to grey zone or outright illegal ways to get what they want without any concern for others (until they get caught).
I highly second earlier recommendation. Put your funds into a passive investment account and choose a different area you want to invest in your career.
Start with these free courses from Tasty Trade. https://learn.tastylive.com/?_sp=1eb478b6-bbd8-46b3-b48b-e2bf6659240c.1699732489388
Read books by
Lawrence G. McMillan
and
Sheldon Natenberg
This should be a low-cost approach to learning more. You can decide if you want to proceed further.
I would hesitate to buy an options trading course from Robert Kiyosaki; he isn't a name you hear mentioned much in options.
I like Robert, but see him more as an educator and marketer.
Structuring spreads is margin efficient. One retains more buying power. While I've achieved early success with options, it was entirely my mentor's work for I had no idea wtf was going on as I was just an order taker for his option trades on my account.
Unfortunately he turned out to be a scammer as he baited and switched me.
But from what I could glean, one of the more reliable ways of making money and being profitable in options was having the other side of the trade where someone in a losing position HAD to do business with you.
What makes you think that options are mispriced?
Search on amazon, there are lots of selling options books there.