Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Can you retire under this contract? Y/N
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Up In Smoke" data-source="post: 5429090" data-attributes="member: 79702"><p>I learned long ago to buy individual stocks and back them up with options. By doing so, I'm guaranteed to never lose more than the premium for the option contract. The US stock market allows for exercising options prior to expiration date which gives me a chance to lock in profits as a stock loses value. Millionaires are made in an up market, billionaires in a down market. Mutual funds are the sucker bet in the stock market. You buy a group of companies and get a return on the average of them all, some winners and some losers. I would rather own a couple of those and manage my own outcome.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5429090, member: 79702"] I learned long ago to buy individual stocks and back them up with options. By doing so, I'm guaranteed to never lose more than the premium for the option contract. The US stock market allows for exercising options prior to expiration date which gives me a chance to lock in profits as a stock loses value. Millionaires are made in an up market, billionaires in a down market. Mutual funds are the sucker bet in the stock market. You buy a group of companies and get a return on the average of them all, some winners and some losers. I would rather own a couple of those and manage my own outcome. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Can you retire under this contract? Y/N
Top