The smart investor's money machine: methods and strategies to create regular income
Kraft, Bill
Bill Kraft shows how to generate cash flow and monthly income through a variety of low-risk trading strategies. Rather than look at trading as a means to make a big score, Kraft advocates strategies that will provide a regular monthly income stream. In easy-to-understand language, Kraft shows how strategies involving covered calls, LEAPS, REITs, closed end funds, options spreads, and selling naked puts can be utilized to consistently generate cash flow. Kraft emphasizes strategies that limit risk, are easy to implement, and are relatively stress free. He begins the book by discussing the importance of developing a trading plan that is consistent with an individuals goals, financial resources,spare time, and willingness to manage ones own money. He then describes each strategy in depth, including an explanation of the risk/reward profile and entry/exit strategies. He also intersperses personal stories about his own experiences with each strategy and how trading has enabled him to overcome financialsetbacks and become independently wealthy.
- ISBN: 978-0-470-39174-7
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 182
- Fecha Publicación: 13/05/2009
- Nº Volúmenes: 1
- Idioma: Inglés