Bonta
Bonta
Profile:Income Investing through option selling & dividend stock accumulation
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avatarBonta
03-28 14:44
It really depends on how people treat the stock markets. Is it a marathon or a sprint. A casino or a business. There are many cases of people who got lucky, went all in and shot to the money.  There are tons of others who had all sort of malfunctions during rocket launches. They sat on wrong part of the rocket, rocket fell apart, rocket ran out of fuel, rocket went the opposite direction.  To me, treating the stock market as a business partner is the way to go.  Knowing how our partner behaves and his background is important. When he gives occasional deals, jump on it. If there's no deals, just have coffee time with him and have some catch up session. Eventually, he will have some deals that comes along, and will ask us to invest with or in him.  Hence, I will always ra
avatarBonta
03-15
Depends on type of stocks that are being held. There isnt any need to sell dividend stocks if the dividend returns is higher than retirement yearly needs. But dividends can be lumpy, meaning some months have more and some months lesser depending on concentration of stocks held. If done correctly, a dividend stock portfolio is effectively a retirement account, with capital left intact. However, if the stocks dun pay dividend, selling call options on them, will do the same trick as dividend stocks. [Cool][Cool][Cool] Dun see the need to follow the so called advise to change stocks to cash. [Cool]

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