It is common to see web site banners or other advertisements similar to the title of this article, touting the benefits of options trades with probabilities of success of 85-90%. Technically, these trades indeed have a high probability of success, i.e., if you placed a trade with the same parameters every month of the year, you should see about 10 or 11 trades per year be successful and one or two be losers. And the longer you traded in this way,...more
Perhaps the most critical characteristic shared by successful investors and traders is their psychological approach to the market. All forms of financial investments have foundational knowledge that is essential to success in that market. I am not suggesting that you can simply think the right way and trade stocks, commodities or any other market successfully. But you could be the worlds foremost expert on the commodities market and still not...more
Many people think of options trading as very risky and suitable only for the high rollers. This article briefly surveys how options can be used in conservative financial portfolios to boost the income from your stocks.For the purposes of this article, lets assume we have a stock portfolio of conservative stocks, e.g., IBM, GE, etc. We may be realizing moderate price appreciation of the order of 5% annually plus dividend yields of 3%, for total portfolio growth of 8 to 10% annually. One easy way to boost our annual gains without increasing our downside risk is to sell call options against our stock holdings. This is known as a Covered Call.A Covered Call is created by selling the appropriate number of call options against stock in our portfolio. Lets assume we own 500 shares of shares of IBM and IBM closed at $104.69 on May 28, 2009. We are concerned the stock may trade sideways or only slightly upward for the next few weeks. We could sell 5 contracts of the June $105 call options for $2.35, or $235 per contract. This brings $1,175 into our account. If IBM closes at any price less than $105 on June 19, the calls we sold expire worthless and we keep the $1,175 we received and...more
You have probably heard people refer to options as a risky enterprise, akin to gambling. And it is true that options trading can be very risky, especially when engaged in with minimal knowledge and preparation. The average stockbroker or financial planner does not have sufficient options knowledge to guide you in the use of options in your...more
One of the most misunderstood topics in real estate is Seller Financing. This is probably because the topic of seller financing is usually discussed from the perspective of the buyer. And in most cases the buyer is a beginning investor who is trying to get a good deal or they are starting to buy property with no money down. But all too...more
Are you looking for a Sales Force Automation Solution (SFA) if yes then read on? Before start looking for a solution it is important to understand the meaning and the utility of the solution. The exercise starts by distinguishing between a Personal Information Manager and a Sales Force Automation Solution.What is a Personal Information Manager (PIM)?PIMs, such as Microsoft Outlook and PDA software, were designed to help you organize basic personal information. They typically include an address book, calendar, and to-do list, mimicking the paper-based format of each. PIMs enable you to maintain your personal information, as well as basic information about Sales Force Automations, but do not allow you to integrate information such as linking documents or e-mail communications to a Sales Force Automation.Some PIMs provide basic Sales Force Automation tracking and searching functionality. For example, a PIM may offer the ability to attach notes to a contact, but it would not provide a historical view of that relationship. Piecing together relationship histories with a PIM would require a great deal of time and patience, plus supplemental applications (such as spreadsheets or other...more
If your idea of the perfect holiday is to explore the mysterious pyramids of Egypt and discover its ancient culture, or relax on a white powdery sand beach and dive in amazingly clear waters, then you have to visit Hurghada. The magnificence of the...more
Inbound Call Center Services are used by small or large organizations which offer services and support for selling of product or services. At some point of time a business cannot handle large volume of customer responses (query or request). They then...more
Now, if you have cash lying around, thats even better. Did you lose money in 2008 and 2009 in the stock market? Did you lose money in real estate? And do you still have money left in treasury securities, or CDs, and what are you going to get out of...more
Are you tired of working as a wage slave? Of being expected to carry out orders? Of being assessed by mindless superiors? Would you rather build a business of your own, instead of helping your boss expand his? Then perhaps the time has come for you...more
Franchises and Basic Concepts of BusinessIn order to truly understand the concept of Franchising, an exploration of the basic concepts of business is required. There is no magic in that. It just makes sense in order to provide clarity about the...more
Investors often ask me, " Should I buy gold ?" The answer is simple, in my opinion: Gold should be a part of every investor's portfolio. Whether or not you believe gold is going to appreciate short term or not is a matter for speculators, but smart...more