10-Minute Options Trading and ETF Investing
Rapidly Build Wealth, Retire Early, and Live Free from the Worry of Market Crashes (Passive Stock Options Trading, Book 2)
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Get 3 months for £0.99/mo
Buy Now for £11.99
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Narrated by:
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Lee Goettl
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By:
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Travis Wilkerson
About this listen
Do you have a repeatable investing process that helps you earn above-average portfolio returns in any market environment?
While most retail traders and investors focus exclusively on short-term or long-term strategies...the best investors use enhanced buy and hold (ETFs + options trading). Think of it as buy-and-hold investing on steroids.
The truth is trading and investing methods don't typically go hand-in-hand. But that's also why so few investors can outperform the market consistently.
That all changes with this book.
Written by 2019 United States Investing Champion Travis Wilkerson (a.k.a. Trader Travis), this guide contains tried and tested strategies for building long-term wealth with ETF options.
Here's just a fraction of what you'll discover inside:
- The unique way to structure your portfolio to obtain the trifecta of wealth building: growth, income, and market crash protection.
- The basics you need to know about options and ETFs before investing.
- The best stock for this ETF and options strategy if you want safe and stable returns.
- You'll be aware of the advantages and disadvantages of using options and proof that options aren't as risky as people think.
- How to buy market crash insurance to prevent catastrophic investment losses when prices decline.
- Rules for entering, exiting, managing trades, portfolio allocation, and risk management.
- How to give your account a profit boost by taking advantage of a little-known category of "long-term" options used by billionaire investors.
- The simple yearly 10-minute routine of rebalancing your portfolio to maximize profits.
And much more.
If you're looking to fast-track your path to financial freedom...and generate steady returns on your assets in any market environment...then this book can show you how to make money by combining options with buy and hold.
- the book glossed over how much of the increases in account value were down to cash invested vs actual gains from options. Because of this, the book is opaque and lacks transparency and is the reason why it gets 3 or 4 stars and not 5.
Of course, this lack of transparency might be deliberate but I think it’s more likely that the author overlooked the (obvious) importance of stating exactly how much of the gains in equity were from continuous savings. The author touched on this when he said that one of his clients stated that basing his examples on savings rather than pure gains was ‘cheating’. I sort of agree with that client because by ignoring the true gains, we cannot tell exactly how successful his options trading is.
I also think that the account growth examples didn’t read or flow particularly well and could have been summarised. A better summary of account growth would be to breakdown the gains from options versus account contributions.
Overall a not bad book but deserves a re-write.
A fairly good book on options but could be better.
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