You have probably heard or read that selling (writing) uncovered puts, also known as naked puts, is extremely risky. This is actually true, but only part of the story. The whole truth is — all market investing has risk! As with any investment strategy, there are trade-offs along with downside consequences. As a whole, selling […]
Interest rates are at historically low levels, creating investor appetite for income producing strategies. Below I present three option strategies that seek to generate income from stock positions. Covered calls The strategy consists of selling a call option against a stock position. The option is sold for an upfront premium. The option buyer acquires the […]
According to some, hunting for stocks that are undervalued as a basis for portfolio selection — commonly called value investing — has been out of favor as former value investors have embraced higher-risk growth stocks. The idea of researching companies with the goal of buying stocks that are cheap or undervalued was an investing philosophy […]
Billionaires George Soros, Warren Buffett, and Mark Cuban did not become rich accidentally. They made consistently smart investment decisions, which helped them create great personal wealth as well as economic value for society. While there is no guarantee that what worked for them would also work for you, here are a few vital tips from […]
As Bitcoin threatens to break through its record highs set a few years ago, at least some people are likely to get involved in speculating in them again. Many seem to have forgotten the purpose of Bitcoin: To replace cash. It’s worth understanding what Bitcoin really is and should do, not simply treat it like […]
In a previous article I introduced the types of “wallets” (hot and cold storage) used to hold your cryptocurrencies. Selecting a wallet type will depend on the level of control you want to have over your private keys (crypto addresses) that identify your crypto holdings, and what form of protection you want. You can read […]
This two-part article will introduce you to cryptocurrency wallets. Part 1 will outline the different types of wallets available and Part 2 will describe the differences and how to use them. There are several options for storing cryptocurrency holdings depending on: Your level of comfort with technology How much you have invested in cryptocurrencies Your […]
This is the last of a five-part series to help new investors and traders start and grow a cryptocurrency account. In all five articles I’ve been using Bitcoin (BTC) in my examples for buying, selling, and converting BTC and alt coins. Previous articles covered: How to open a Coinbase account How to buy, sell, and […]
In today’s fourth article in this five-article series, I’d like to introduce you to the often-confusing universe of cryptocurrency addresses. In the first article, I showed you how to get started investing in cryptocurrencies by opening and funding a Coinbase account (Getting Started with Cryptocurrencies). In the second article, I described the steps to buy, […]
