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royh

royh
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  • Looking For Bargains And Safety [View article]
    George, I agree the recent run up of the market will not continue. I have been looking for stocks, ETF or ETN which move in opposite or inverse of the market and also have call option premium available. VXX would seem to be an example of this. You have had this ETN in your portfolio before (July 2012). It would seem that this may be a good time to consider adding this to my portfolio. I very much appreciate your thoughts and thank you in advance.
    Mar 18 05:07 AM | Likes Like |Link to Comment
  • Stocks Should Never Be Boring [View article]
    George,
    I started writing covered calls nearly 2 years ago, approximately 8 months ago I was fortunate enough to stumble onto your articles here at the SA site. Having purchased your book and read all of your articles and both your and other readers comments, I feel my investment path started 2 years ago has been validated.

    At 52 years old and considering the early retirement path that you have so successfully shared with your followers, I was wondering how have you been able to receive your wage (call premiums) from your retirement accounts without paying penalities? Also, what other tax consequences do I need to be aware of? Note, 80% of my investment funds are currently in retirement accounts (401K, Roth IRA and Regular IRA).

    Thank you and all other commenter's for your replies, and especially the education.
    Jan 19 09:39 PM | Likes Like |Link to Comment
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