Recent content by ewg

You have picked an almost worst case scenario to say that this process can lose money. Obviously it can, but I'm still better off than I would have been in a stock fund with no margin of safety. Not to mention I can also pull myself out instantly during a trading day if there is a specific...

Here is a hypothetical trade that I would do, using prices from earlier this morning. Currently I would not really choose to do much QQQ at its current level, though. Buy 100 sh QQQ @ 37.08 and at the same time, Sell 1 FEB QQQ 36 Call for 1.55 Cash outlay: $3710.00 - $155 = $3555 ($2...

It is work, FIREman, but I like the pay. Compared with owning stocks or stock funds, there is much less "playing with fire" doing this. Some of you see this as higher risk than owning stocks or stock funds outright? I sense a general attitude about options trading in general - that it is high...

John, Are you the same John Galt that is on the MIR board?

I think it is an incorrect assessment about losing 20%.  If I were to use an asset allocation guide, I would not have had 100% in a stock fund, so I would have only made, as you said, 38%, but only on 60% of my fund.  With this method, I am comfortable with 100% invested, so the 18% gain is on...

I decided last year to take a very active role for my wealth accumulation for retirement. I figure I am 10 to 12 years away from retiring right now. About a year ago I changed companies and received a lump sum pension. The question was, "Where do I plunk it?" I do not like the idea of investing...