Poll - The Stock Market and Vintage Sales

[B O'Brien]

Don’t take the “blood in the streets” comment, at least from me as, cavalier. My 401k is one thing, suffers like everyone else.

My other account generates cash each week from selling calls and or puts. That cash goes into monthly dividend paying ETF’s until I need the $ for life, or until there is a downturn in the market, and creates opportunistic buying opportunities. Or some cards!

I started trading like that years ago because I couldn’t afford child support and tuition on my salary (my X is a lawyer!). It was developed out of necessity from the tiny 401k that I got in the divorce.

Everyone has their own style and risk tolerance when running your own account. I bring in cash from people that are willing to gamble on things going up 5% in a week, while I hope they go up 4% and I pocket their $100 bill in the process. Repeat the next week. It took years of practice, working countless hours and continuously researching.

Thanks,
Bob