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It's time for me to take a break; maybe drive out to OC and hang out on the beach....
Laguna Beach? :)
Going to be crowded here this weekend.
For most selling covered calls and getting a repeatable 6-10% annually is a great option.
True, and hopefully the stock won't raise that much past the target price when the option contract comes due. Greed should be contained, and playing a covered call option is a safe way to make a good return on investment.
Keep an eye on P/E ratio, when it gets past 22 then I would start selling or at least stop buying if I plan on holding my stocks for at least 5 or more years.
I think the next crash will come very quickly and with at least a 30% drop because almost everybody is expecting it. It will almost be like a run on the banks.
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Case-Shiller lags anywhere from 3-5 months at the field level., but...
Companies (particurarly banks) pay a lot of money to access subscription services generated by Fiserv and Moody's. Their good reputation is on the line