Price: $31.80
Are your investments yielding enough income to support your lifestyle? This insightful guidebook unravels an innovative approach to generating passive income from the stock market, without the need for hours of screen time. The strategies taught are ideal for those seeking an additional income without the need for a second job, or, worse, for those thrust into an unplanned retirement. Penned by the 2019 United States Investing Champion, Travis Wilkerson (a.k.a. Trader Travis), this guide will teach you how to create income from selling stock insurance (also known as put options). More precisely, you will uncover the art of selling put credit spreads. Although the strategy has a technical name, it’s actually a hidden income-generation method used by Wall Street’s crème de la crème. The income derived can be channeled towards enriching your lifestyle, world travel, philanthropic endeavors, or more practical needs like funding retirement, paying for your child’s college, or alleviating financial stress. Credit spreads offer the perfect balance: income generation and protection against substantial loss. Intriguingly, our approach mirrors that of a renowned figure in the investment industry: Warren Buffett. You’ll uncover his secret billion-dollar option strategy and how average investors can emulate his approach. Here’s a sneak peek of what you’ll learn:
• A lucid, straightforward, jargon-free explanation of stock options
• The specific method Warren Buffett employed to earn billions from selling put options, and how we can modify this approach to reduce risk, thereby minimizing the potential for loss and increasing cash return
• The 2 major differences between stock options and index options, and why selling index spreads is the intelligent move
• Common yet destructive mistakes to avoid, especially selling high-probability spreads on stocks
• A unique hands-off approach to selling long-term credit spreads, leading to increased income, reduced stress, and more time freedom
• A 4-step passive income roadmap that only requires about ten minutes and instantly deposits