Property is down, Shares are down and Superannuation has lost value. However, there is positive news with the market improving on the back of the banks and interest rate reduction. If you have cash it might be a good time to invest in the market, however, if you bought while shares were high; what do you do now?
The question is what can we do now to earn income or recoup value in our portfolios?
Alex and Tony developed My Covered Calls during July 2006 to provide up to date options data to its Members. The original data service was web based and was migrated to a PC application called “ProWriter” during November 2007. ProWriter uses current ASX data to create your best Trading Plan for covered call options.
ProWriter is a fantastic tool. It is unique, not like any other data service available. See Stuart’s video testimonial above.
There are two things you can do in the current market: do nothing and wait for things to improve; or be pro-active and get your assets working [safely] to re-build your portfolios.
If you own shares now you can still write “covered call” options over them and receive income, even if their current price is down from when you purchased. If you have cash or other assets, then you can use these to generate monthly income buy buying shares at a lower cost and writing covered calls.
We don’t expect you to jump into the above without knowledge, so the Team at My Covered Calls will bend over backwards to teach you about covered calls and “hold your hand”, if needed; during your first live trade(s).
Alex and Tony are both experienced traders. My Covered Calls has contacts with brokers, finance people, superannuation professionals and other agencies. We have Members all over Australia. When you join My Covered Calls you become part of a large support network.
Our pledge to you is to help you to learn to trade, and mentor you while trading. ProWriter is our trading tool. You can learn more about ProWriter and have all your questions answered by contacting us here or phone on 07 55758079. Or get one of free information CD’s by clicking below:
Request our free CD by clicking here
My Covered Calls will teach you how to trade Covered call Options. In the current market, 30% plus returns can be achieved. Is your superannuation achieving 30% annually?
My Covered Calls will show you how to make your assets work for you to generate cash-flow each month. This is a proven strategy that Brokers have known about for years. Now that we have computers and can trade from home, like the professionals; anyone can get the advantages of trading Covered Calls, for extra monthly income or growing your wealth.
Trading Covered Calls takes little time, and using the My Covered Calls system, can be done during evenings and weekends. It is considered low-risk and is appropriate for a Self Managed Super Fund; where your investment can quickly compound.
ANYONE! can trade Covered Calls, its so easy!. All you need to do is use ProWriter Software and start Paper Trading, while the My Covered Calls staff helps you set up your equity, option, margin accounts etc. These accounts are free to set up.
To learn more you can request our free CD by clicking here.
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