Hello,
For those of you in the stock market you know how hard it is to make money especially in a down to sideways market. The big challenge is picking the right stock and timing.
If you wish to invest but don't know what stocks to buy, why not buy the exchange traded fund called the Diamonds (symbol DIA). This fund represents all the stocks in the 30 Dow Jones Industrial Average (DJIA) and moves in tandem with the DJIA. Once you own the DIA, you in essence own a fractional share of every stock in the DJIA.
Now here is the great part. You can Hedge your position and generate Extra Cash Income into your account by selling covered call options against the DIA. This is a great strategy to employ in a sideways to down market.
How to do it? A real example is illustrated in chapter #11 of my latest book The Thirteen Great Economic/Business Myths That Dominate Our Lives. I made the example as easy as possible to read and understand. Read this chapter and see if this strategy is suitable for you. What isn't suitable for you today maybe suitable for you tomorrow. Things change! I have been successfully using this strategy in my trading account for years. You can do it too!
The book is available on amazon.com in Kindle edition for only $3.99. To order, please go directly to http://www.amazon.com/Thirteen-Great-Economic-Business-Dominate/dp/0595439837/ref=sr_1_3?ie=UTF8&s=books&qid=1266390735&sr=8-3 .
Please contact me if you have any questions.
Be Prosperous,
Sanford Kahn, Business Speaker/Author
sanford16@yahoo.com
http://www.businesstrendspeaker.biz
PS A quote from Mr. Mark Lambert, CEO-Real Estate Development, Mission Viejo, Calif.
“I enjoyed your book so much that I bought two extra copies for my young adult children".
