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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: tuck who wrote (11883)11/23/1999 8:27:00 AM
From: Herm  Read Replies (2) of 14162
 
Giving to those in need tempers the heart and takes the edge of the #1 killer human emotion in stock market investing. Namely, greed. It does not take much to become high quickly and lose sight of reality. How, I know that experience. It's a struggle I combat myself.

Folks should check out their thoughts and emotions when the spark or thought of giving to someone or something other than yourself crosses their mind. That is, if it even crosses their mind. Does the thought, "I can't afford to give pop into your head?" Does the thought, maybe next time?" Or, perhaps, "as soon as I make more money I will give!" Worse yet, "you know how much more I could make in the stock market using margin?"

Watch out! They may be a tad more greedy than they think. After all, they could always go back into the market and extract even more profits for themselves. In the movie, Wallsteet, Sheen asked the question, "Well, Gordon! When is it enough? How much money do you need to make before you are satisfied?" A heavy question.

Money is only a means to an end. Making it, putting it to good use for yourself and others, being able to enjoy the fruits of your labor in good health, spirit and mind is the goal. Giving should bring a sense of satisfaction, generosity, and provide a reality check that you can live without it if need be.

There are situations that put people in negative positions in life and they had no control over. Our giving makes a difference in correcting those situations. Our giving makes a difference in our attitudes. Our attitudes can make a big difference in our health, our future outlook, and the everyday state of our minds. :-)

Have a great Thanksgiving Holiday everyone!
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