How to Make Money Trading Options

how to make money trading options stock chart

Due to their capability for large losses, stock options have earned themselves a bad reputation. Over the years, they have become the boogieman of investing due to this perceived risk. It’s true, you may experience very large losses in options… if you misuse them. I follow a strategy where it is impossible (yes, impossible) to … Read more

7 Principles of Investing Like Warren Buffett


He’s the best investor in the world–and a pretty good ukulele player. From 1965 – 2019, his company, Berkshire Hathaway, averaged a 20.3% yearly return. The S&P 500, by comparison, averaged a 10% yearly return for the same period. He’s been beating the market for over 60 years, and lucky for us, he’s been very … Read more

Personal Finance Knowledge Is Still Important


We’ve hit some rough times in the last few months. The world is faced with difficult and unprecedented decisions every day. Unemployment rates are higher than ever, public unrest is driving emotions, and human health is at risk. Many personal finance gurus have paused or discontinued posting during these rough times, as well. They’ve pushed … Read more

Your Credit Score Doesn’t Matter


Out of the hundreds, maybe thousands, of articles about credit scores, I’d bet that 70% or more are about increasing your credit score. Everyone has the magic formula for raising your FICO number, but fail to realize one fundamental aspect: most of the time, your credit score doesn’t even matter. People hope and they pray … Read more

Investing in a Volatile Stock Market


What is going on in the stock market right now? Just like your wedding night, there’s plenty of ups and downs. It seems like every day there’s a new all-time record followed swiftly by a big drop. Unlike your wedding night, it seems like this is going to last a while. When you rely on … Read more

Stop Worrying About Other People


It’s a crazy world out there. Explosions, riots, and heated political battles pave the way for a lot of stress and discomfort. No matter how crazy the world gets, there’s always one thing you can do to make yourself happier: stop worrying about people, and focus on what you can control. “Yesterday I was clever, … Read more