Ask Doc Two emotions drive the markets: fear and greed.
Right now, lots of investors are fearful. But that means it's the perfect time for you to get greedy.
It's pretty simple... The COVID-19 pandemic has opened a special opportunity in the market that allows you to make a lot more money than you could normally. But this chance won't last forever... My research indicates this window will likely only stay open for a few more months... maybe a year.
That's why it's critical you act fast in order to collect the maximum amount of income possible while you still can. Windows like this have only opened two other times in the last 33 years – once in 1987 after Black Monday, and again in 2008 when the financial meltdown hit. But fair warning... You should ONLY do this if you know which trades are the safest and most potentially profitable.
That's where my research comes in – because once you know what to do, it can change your life...
Over the last 10 years, I've recommended more than 500 opportunities to readers and maintained a 93% success rate. I wholeheartedly believe that my strategy is the smartest and most effective move you can make right now before this window closes.
But here's the thing: You don't need a wild, choppy market to make a serious amount of money with it. When the hysteria around the pandemic begins to die down, and as life begins to inch closer back to "normal" again, the market will calm, too. And you'll still be able to use this strategy to collect hundreds, or even thousands of dollars in instant income each month... just maybe not quite at the extraordinary levels we're seeing today.
On the other hand, if things take a turn for the worse, then you can continue to use this strategy to protect and grow your money with these outsized income payouts. It's a win-win situation. You don't have to worry where the market will go from here. Your bets are hedged no matter what. That's why it's important to start learning this strategy now. You can leverage it to make more money during the rest of 2020 than you did during the entire 10-year bull market that recently ended.
This window of uncertainty and fear is not going to last forever. And there has never been a better time to learn how to do so than right now...
I've recently put together a presentation that goes into detail about the strategy I've been talking about today. You have the chance to make hundreds, even thousands in extra income per month using it.
Click here for all of the details.
Now on to this week's Q&A... And please keep sending your comments, questions, and suggestions to us. We read every e-mail... [email protected]
Q: For many years I have been diagnosed with high cholesterol. At one point I was put on a statin medication. I soon noticed a drastic loss on strength and aching. After several months I decided that taking the drug was not worth the side effects and quit taking the medication. My blood test still shows high cholesterol and my doctor has come to the conclusion that this is simply the way my body works. – J.B.
A: Muscle pain and loss of strength is the primary reason folks quit taking statins. In fact, doctors know that if you're over 65 and taking a statin without having a heart attack, you're likely to quit. About 75% of folks in this group quit on their own within two years because of the side effects.
We recommend trying lifestyle interventions first, including a diet low in trans-fats and processed foods, regular movement, and stress management. But more than that, you need to understand that the main cause of heart disease isn't cholesterol.
That's why my team and I just released a special report called "Doc Eifrig's Health Primer: Cholesterol." Once you know the true cause of heart disease, you can empower yourself to live a healthier, longer life. Click here to access the report today.
Q: What happens to an option when the expiration date closes with the underlying stock trading exactly at the strike price ("at the money")? Is neither party obligated to exercise the option since there's not really any benefit vs. the market price of the stock? Thanks! – S.H.
A: An option that is "at the money" – meaning the strike price is the same as the stock price – is an extremely rare occurrence. But if it were to happen, the buyer still has the right to exercise the option, but it's not likely. Say, for example, you sold a put, and on option-expiration day, that put was at the money. The most likely scenario is that the put would expire worthless. That means the buyer wouldn't put shares to you. So you'd simply be left with the premium you made when you initially sold the put. The buyer could choose to put you shares, but it's not likely.
Q: Been loving your Health & Wealth articles for years now. Is Retirement Trader suitable for your Australian and New Zealand readership? Specifically, are the recommended trades just as applicable as they are to U.S. readers and is our access to recommended online brokers just as good? – P.A.
A: Thanks for your loyal readership! You should have no problem making the trades we recommend in Retirement Trader. We mostly trade some of the biggest companies in the world and many of them trade on exchanges overseas. When you're looking for a broker, make sure it allows you to trade U.S. stocks.
The brokers we've detailed for readers in the past are mostly limited to folks in the U.S. While we don't endorse specific brokers, one exception that's popular among our readers is International Brokers. If you're not sure how to find a good broker, ask people you know what broker they use, and also compare the fees from different online brokers. You don't want commissions eating up your profits.
What We're Reading...
- Are you caught up on our COVID-19 briefings? Check them out here.
- Something different: Scientists are about to explore a sinkhole at the bottom of the ocean.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
July 24, 2020