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August 2012 Monthly Income Plan Update

|Includes: CERN, HP, LVS, Under Armour, Inc. (UAA), VIAB

As we approach the end of the August option expiration cycle, the Get Rich Monthly Income Plan had a great month for investors.

In January, we kicked off the perpetual covered call strategy. For those who are new to this concept, let me share the rationale of this income investment. This strategy was created to produce monthly income with stock dividends and covered call premium. In addition, there is a protective, blanket put, to ensure the volatility in the market does not affect your return of capital. We will follow the progress of the perpetual covered calls each month throughout 2012 and I will email premium members with trading directions when an action is required. Here are some of the results for 2012:

Perpetual Covered Call Returns:

Stock 1 - Oil Company has a YTD total return of 96.1% including dividends and special dividends.

Stock 2 - Drug Store Company with a YTD total return of 36.4% including dividends.

Stock 3 - Technology Company with a YTD total return of 25% including dividends.

We made monthly returns of 7.55% on (NYSE:UA), 4.33% on (NYSE:LVS), 4.0% on (NYSE:HP), 3.73% on (NASDAQ:VIAB) and 3.58% on (NASDAQ:CERN).

Get complete list of returns.