Last fall I attended a financial seminar and learned about Brokerage Accounts. Here are some notes.
- While you learn in the first few months, don’t put in your money.
- Watch the video and suggestions before set up an account, they’ll get limited later on what you can do.
- A: Find the correct firm that works for you. Do you like the interface of a particular website?
- B: online searches, online broker.
- Fidelity, trade King, TD Ameritrade, optional express
- Top four brokerages are listed on some webpages.
Introduction to options:
- Options are good, so you can leverage your investments. It helps make very little money be at risk.
- Option: a contract that allows you to do something in the future, and gives a specific day.
- Two types of options:
- Call: profit. Anything that rises.
- Put: buy a coupon for 50 and you sell 100
- The question is not what use look at, but what you see.
- Covered: I option strategy whereby an investor holds a long position in an asset for the right price and expiration date.
- To generate and increased income for an asset. This means you have stock because we are stock by calling on the stock you owe.
Covered stock:
- Search for stock.
- Identify a trend.
- Review the fundamentals.
- Buy the stock.
- Select strike price and expiration date
- Sell options and collect the premium
- Monitor stock prices until expiration date
Have something to add? Please do so in the comment section of this blog. Thanks.
