Tito, I am currently holding stock, but feel our future is bright, looking out two or three years.
What would you “Tito” or Gottfried, AD, Michael, Kirk, Cary, Jacob, Zeed, Big Bucks, Justsa, or any of you "smart guys/gals" recommend for the following ?
Thinking things are at, or almost at the darkest, I am thinking of buying leaps / calls out 2 years in the future.
Say I have $15k - $20K of loose cash laying around (ya, like someone would), what would be a good plan. Considering I have about 4500 shares of my favorite stock on hand now, no margin. Boy did I learn about margins last year. It great when thing are going up, but can cut deep if held while prices are dropping.
How would you buy futures investing in three or four buys to take advantage of prices two year out, with stock pricess up 50 - 90%.
I have read many of you and would like your ideas. I would consider using puts at some $5,000.00 to cover any downside out one year.
So what would be your ideas, if anyone has time for a few ideas, I would appreciate the insight.
Thanks in advance.
:0)
Stan |