Most investors will lose more than they'll win.
Even the world's best investors only get it right about 50% of the time. So you need to take steps to make the most out of your winners.
That might scare some people out of the market, but that robs them of one of the best ways to generate wealth...
Some people think of options trading as "advanced" or "complicated," but it's actually very easy to learn and use. And it can drastically improve your investment results.
I've stuck to my strategy of selling puts and calls for eight years in Retirement Trader. And it continues to work, trade after trade...
In fact, just last week we closed out nine more winners. Ove the last eight years, we've closed out 410 winning positions out of 424 total. That's a more than 94% win rate.
This is a strategy that's earned an "A+" or "A++" since 2012 in our founder Porter Stansberry's annual "Report Card."
The ability to trade options for consistent income in retirement is a skill set that I sincerely believe every single investor should have... In fact, I save every thankful e-mail from readers who have discovered how to successfully and safely trade options. It's a huge reason why I continue to write my research services.
Of course, this strategy takes a little bit more work than what you might be used to... But as many of my readers have discovered, it's simple to learn... and simple to use once you get the hang of it.
To learn more about this strategy... and how to join my subscribers who are using it to pull out average double-digit income on every trade we make... click here.
Now let's get into this week's Q&A... And don't forget to send your questions and suggestions to [email protected].
Q: Love your news letters and emails. I have a question about your opinion on having regular colonoscopy procedures. I have read a lot of information about the risks of having the procedure done and am questioning the risk reward. I have read that most polyps are benign with no chance of developing and are often missed entirely during the procedure. Also the risk of injury or death while rare is a very real possibility.
Considering how risk adverse you appear to be, I am wondering about your opinion about having the procedure done. – M.B.
A: Longtime subscribers know I regularly criticize the medical industry. It's true... We're in the middle of an overtreatment epidemic. Doctors are overtesting and overtreating patients.
But I'm not anti-medicine... I'm all about common sense, science-based tests, and proper treatments.
Screening for colorectal cancer is one of the few essential medical tests.
The U.S. Preventive Services Task Force (USPSTF) is a panel of 16 MDs and PhDs whose specialties range from behavioral health to pediatrics. These experts look at the research and make recommendations on the usefulness of screenings, counseling services, and preventative medications. They write guidelines that any doctor worth his salt will follow.
The USPSTF recommends screening for adults aged 50 to 75 years old. If there is a history of cancer in your family, start screening at age 50. Types of screening include fecal occult blood testing, sigmoidoscopy, and colonoscopy.
A colonoscopy examines the entire rectum and colon. Growths can be removed or biopsied during a colonoscopy. And while it's the riskiest of the three screenings, that risk may be worthwhile if you have a high risk of colorectal cancer.
I always advise readers to do their research and take a close look at the risks and benefits before undergoing any medical procedure or treatment.
|Getting ready for Memorial Day weekend? If you're going to break out your grill, be sure to cook safely to avoid dangerous cancer-causing chemicals. Research writer Amanda Cuocci discusses some of our favorite ways to grill meats, why you should include vegetables on the grill, and why beer is the best choice for a drink this holiday weekend. Click here to watch.|
Q: Since your earlier article, I don't take receipts, but BPA is used in "certain" newspapers as well? How can we find out which?
I avoided colored inks in my garden mulching, but then heard they were now soy-based. BPA would certainly devastate all my organic efforts, especially feeding a 10 year old!
Maybe I'm better off foregoing the newspaper (sun/weed block) under the bedding mulch, and just going with straight hay. – P.S.
A: There are inks that are now soy-based. But there's no easy way to know which newspapers are using which kind of ink – BPA or soy. And soy, as longtime readers know, comes with its own health risks. Hay is a good alternative if you layer it thick and look for hay that doesn't contain too many weed seeds (like spoiled hay).
Q: Is there any research regarding Alkaline water and its benefits? – R.G.
A: Alkaline water is right up there with raw water... another stupid trend. Some people claim that because in alkaline water the pH is more basic than acidic, it's healthier than tap water, which has a lower pH and is more acidic. There are even claims that alkaline water prevents cancer and heart disease.
Here's the thing... there's no hard, scientific proof alkaline water makes any difference in our health.
Don't waste your money on these ridiculous bottled-water trends.
What We're Reading...
- Did you miss it? "This investment could change your life."
- Something different: Here's your excuse to sleep in this weekend.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
May 25, 2018