Ideas on investing, and other forms of delayed gratification.
Are you looking to expand your styling skills and turn them into a small business of your own? Starting a barber shop business can be an exciting (and lucrative) move, but it’s important to understand the costs associated with setting up your dream. That is exactly what we’ll explore in this blog post – how…
When it comes to income, the term “4 figures” can mean a lot of things. Depending on the context, 4 figures can refer to anything from $1,000 and $9,999. That’s a pretty big range, so let’s take a look at a few different scenarios to see what is meant by how much is 4 figures….
Are you looking for a new investment strategy that could potentially earn you consistent income? Look no further than the options wheel strategy. This options strategy involves two different options strategies into one for steady and reliable income potential. The Options Wheel Strategy consists of cash-secured puts and covered calls. Two easy-to-understand strategies that can…
Money management for teens and young adults can be difficult. Between learning to live on your own, working to pay bills, and saving for the future, it’s a lot to handle. But with a few basic tips, you can make money management easier and help set yourself up for financial success down the road. What…
A lot of people think that trading options is complicated and risky. But done correctly nothing could be further from the truth! Trading options is quite simple and can be a great way to supplement your trading strategy. Here’s a guide with everything you need to know about trading and selling options. Options Trading for…
What is a life insurance retirement plan (LIRP)? A life insurance retirement plan, also known as a LIRP, is a cash-value life insurance policy that provides tax-deferred growth and the ability to access the cash value component through policy loans. It is one of the few retirement income strategies that does not have contribution limits,…
The images on this post are from the Tastyworks trading platform. I am a personal user of the tastyworks trading platform and believe it is a great choice for anyone who will be trading options, specifically selling options. They not only provide a high-quality product but their support team is amazing. I have emailed them multiple times…
Difference between stock and options Are you new to the world of personal finance? Confused about the difference between stocks and options? You’re not alone. In this blog post, we’ll break it down for you and explain the pros and cons of each investment. The age old debate Stocks vs Options! Keep reading to learn…
I have had several years of experience with stock options trading, and it has been a huge emotional rollercoaster. I began by selling strangles but didn’t find much success. I would make money on some trades, only to lose it all–and then some–in one bad trade. At first, I thought this was because the strategy…
The images on this post are from the Tastyworks trading platform. I am a personal user of the tastyworks trading platform and believe it is a great choice for anyone who will be trading options, specifically selling options. They not only provide a high quality product but their support team is amazing. I have emailed…
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Investing is one of the most important things you can do to build wealth. It has never been easier to open an account and start investing than it is right now. So you’ve decided to invest. Congrats! You’re in good company: according to a recent study, approximately half of American households have money invested in…
The images on this post are from the Tastyworks trading platform. I am a personal user of the tastyworks trading platform and believe it is a great choice for anyone who will be trading options, specifically selling options. They not only provide a high quality product but their support team is amazing. I have emailed…