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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (29991)8/21/2000 3:12:37 PM
From: drenko  Read Replies (1) | Respond to of 35685
 
Hey Rocketman..

I do not think you can just do 20 min of work a month and go sailing the rest of the time. But say you worked 2 hours a day on avg doing this! I think this may be more of a reality to write CC's for income. You still have to do your DD on a stock you would buy for long term or short term so it does take some time or work. But I would love to make my own hours to do it. This is my own goal I have. Maybe when I have 10 million I can buy JNJ and live on the div!!! Can I borrow say 9.5 Million??? I'll come up with the rest!!! LOL

-drenko



To: RocketMan who wrote (29991)8/21/2000 5:34:03 PM
From: Jill  Read Replies (1) | Respond to of 35685
 
You have to be able to wait out the volatility, to buy back calls if the vehicle is going way up (after all, your stock is going up too so you're making more $ even if you buy back calls). Most stocks don't just go down, they go up and down.....

But I see your point. There's risk in everything tho, including long term b&h--qcom a case in point--and dell, depending on your entry point


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