Covered calls are another way to generate income inside of your stock portfolio. How much you generate is all up to your risk tolerance, but covered calls can be a great tool to add to you trading toolbelt. Essentially a covered call is a an agreement between you and another investor where you are agreeing […]
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A cash secured put is an agreement between you and a stock holder. You are agreeing to purchase a certain amount of shares of the underlying stock at a certain price on a certain date. In exchange for you guaranteeing to purchase the shares the stock holder will give you a premium. Lets take an
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Selling option premium is a great way to generate income inside of your investment portfolio, and lower your cost basis on a position. But if you aren’t careful, these mistakes can cost you a lot of money. Selling to close to the money Buying back at a loss Not paying attention to the expiration dates
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A home equity line of credit (HELOC) is a revolving line of credit attached to your primary residence. In essence, this is a low-interest credit card that is attached to your home’s equity. This product can be a great way to easily tap into one of your biggest assets, that is, your house. Pros of
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Getting a house is probably one of the biggest decisions you will make, and with that decision comes the issue of qualifying for a mortgage. There are really three major aspects of mortgage loan qualification. They are income, credit, and collateral. Generally speaking, you will need to meet all three conditions to qualify. If you
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Credit is a necessarily evil. No one like to think about credit as it is almost always a hassle. But you have to have good credit in order to get access to financing. There are several ways that you can start building credit. These include getting a secured credit card, getting a CD secured loan,
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