Free shipping on orders over $99
Covered Calls for Beginners 2021

Covered Calls for Beginners 2021

Step-by-step guide to collect the "RENTAL RETURN" every single month on shares already owned

by Victor Wise
Paperback
Publication Date: 04/12/2021

Share This Book:

13%
OFF
RRP  $50.59

RRP means 'Recommended Retail Price' and is the price our supplier recommends to retailers that the product be offered for sale. It does not necessarily mean the product has been offered or sold at the RRP by us or anyone else.

$44.50
or 4 easy payments of $11.12 with
afterpay
Wow. What a year 2020 has been. We went from the stock market hitting record highs to having the largest single week decline since the 2008 Financial Crisis. Then within six months, we were back to the previous highs again.However, this year was just part of a larger period of unprecedented economic activity. While the stock market saw one of its best decades ever after the lows we experienced after the 2008 financial crisis. Economic recovery has hinged on something that is almost artificial.
Governments initially began printing money in the form Quantative Easing to prevent the entire financial ecosystem from collapsing. They quickly got used to the habit though and now printing money is second nature to them. Another monetary policy they've adhered to is rock-bottom interest rates. The theory behind this being that with interest rates so low, consumers will be less fearful of borrowing cash to fund purchases. This in turn will kickstart the economy.
That's the theory anyway. In practice, results have varied. While American economic activity increased, the likes of Japan never truly recovered. The Japanese economy has grown at a fixed rate of 1.14% (well below other developed nations) since 1986, and interest rates have been at an all time low throughout this time. However, the recent pandemic has wiped out even those meager gains, and the economy has fallen back to the same level it held in 2008.
For an investor, this environment has been a tricky one to navigate. Buying an index fund that tracks the S&P 500 would have been a profitable investment. On the flip side though, we have the specter of increased inflation thanks to relentless money printing. There is also the fact that rock-bottom interest rates don't provide any saf sources of income. In the past, savings accounts and certificates of deposit provided some degree of investment return that allowed you to stay ahead of inflation.
This isn't the case anymore. Inflation is currently hovering at around one percent but is projected to increase to around two percent (Ferreira, 2019). In 1999, the average return for a 1 year bank CD was 4.85%. Today that same 1 year CD pays just 0.46%, which doesn't even allow you to keep up with inflation.At this point, savings accounts aren't really savings accounts; they're more like depletion accounts as inflation eats away at the real value of your money. In such an environment, alternative investments have gained popularity. Gold and silver prices have surged thanks to the steady devaluation that paper money printing has caused. Cryptocurrencies have risen in popularity to the point where they're a bona fide alternative investment class. Even the likes of hedge fund managers such as Paul Tudor Jones have dedicated portions of their portfolio to invest in cryptocurrencies (Schatzker, 2020). The central idea behind all of these investments is that they're a hedge.
ISBN:
9781803078991
9781803078991
Category:
Personal finance
Format:
Paperback
Publication Date:
04-12-2021
Publisher:
Baso
Pages:
190
Dimensions (mm):
279x216x10mm
Weight:
0.45kg

This title is in stock with our Australian supplier and should arrive at our Sydney warehouse within 2 - 3 weeks of you placing an order.

Once received into our warehouse we will despatch it to you with a Shipping Notification which includes online tracking.

Please check the estimated delivery times below for your region, for after your order is despatched from our warehouse:

ACT Metro: 2 working days
NSW Metro: 2 working days
NSW Rural: 2-3 working days
NSW Remote: 2-5 working days
NT Metro: 3-6 working days
NT Remote: 4-10 working days
QLD Metro: 2-4 working days
QLD Rural: 2-5 working days
QLD Remote: 2-7 working days
SA Metro: 2-5 working days
SA Rural: 3-6 working days
SA Remote: 3-7 working days
TAS Metro: 3-6 working days
TAS Rural: 3-6 working days
VIC Metro: 2-3 working days
VIC Rural: 2-4 working days
VIC Remote: 2-5 working days
WA Metro: 3-6 working days
WA Rural: 4-8 working days
WA Remote: 4-12 working days

Reviews

Be the first to review Covered Calls for Beginners 2021.