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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: daffydog who wrote (15335)1/17/2000 1:28:00 AM
From: RRRoarr  Read Replies (1) | Respond to of 54805
 
In my taxable account I have been selling puts on major dips of superbrands (including G&K's) since June last year. I have amassed enough cash (after taxes) to live on for 2 years. Would've done even better if I had reinvested the cash in QCOM (core account 100% QCOM), but I started the experiment to nail down a cash generator for my retirement years. I resolve to never touch any capital & will always get all my cash needs from put sellings.

Speaking of retirement, some of the brightest & hardest working people I know are leaving the corporate world for the investment universe. Some day this could be a problem, if not already; more jobs may have to be shipped offshore. As I watched my associates walking out the door one by one, I'm feeling a tinge of regret for promising my benefactor to stick around until my total absence is of no consequence.

Q-911