If you haven’t been keeping up, almost every other story that comes out of Bloomberg or some other finance news agency has a quip about US Dollar bashing and whenever everyone moves to the left side of the ship, I like to move to the right side of the ship knowing that people will have…
Category: Easy money
Raked in $3,000 in Past 9 Days
This market volatility is great for my ETF Covered Call strategy as it’s been extremely profitable to buy long and simultaneously sell short. I’ve made $3,000 these past few days and with the market gyrations, it’s been exceptionally profitable to buy back those contracts on the cheap when the market turns the opposite direction. I…
Raked in $2150 Yesterday
So much money to be made in this crazy market.  I raked in $2150 yesterday with the usual buy/write etf strategy. I just hope it doesn’t blow up in my face……check it out at ETFCoveredCalls.com Happy hunting………
Credit Card Arbitrage Days Are Here Again!
I’ve been receiving more and more credit card balance transfer offers in the mail recently and I had pretty much written off credit card arbitrage a while ago since banks had removed caps on their fees for balance transfers. With the existing credit crunch and depositors skittish about keeping more than 100k in any FDIC…
Leveraged Financials Yielding 10% in less than 28 Days!
UYG is moving up on my list of favorite ETFs. The financial market has been battered by a hurricane of bad news and Uncle Ben has flown in with his helicopter to save the world. If you look at the August in-the-money strikes for UYG, you’ll find that they are trading for 10% premium which…
Raked in $500 – Slow Week
The week before options expiry usually yields lower returns but $500 is $500 right? This brings my return for April up to about $2000 for the month. Not too shabby for clicking a mouse but I’m still desperate for a phone that can handle true HTTPS/SSL requests so I can click my phone to make…
Index Funds on Steroids with a Little HGH, Raked in $2700
Steroids and HGH aren’t just for baseball players, these handy little boosters will work wonders for your investment portfolio.  I’ve hinted in the past about a new mathematical model for the ETF-Cashinator that factors in leveraged index funds with covered call writing to boost returns to superior levels and as always, I put my money…
Bush, Bernanke Support Stimulus? Bailing With Buckets on the Titanic
This headline might as well read, “Bush, Bernanke support using buckets to bail water out of the Titanic” because that’s what any stimulus package will look like on the USS Titanic Economy at this point.   The chorus is finally gotten loud enough for people to understand what’s going on; it’s a total market meltdown in…
McDonalds $0.99 Double Cheeseburger vs. $2800 Cash
A few weeks ago, Trent over at the Simple Dollar had a fascinating discussion about whether it’s cheaper to buy a $0.99 double cheeseburger or cook some burgers at home. The fundamental question seemed to boil down to what the total real cost of grilling your own burgers by picking up food at the grocery…
Did You Request Credit Limit Increases Yesterday?
If you didn’t request a credit limit increase yesterday, you should have. After I read this article, I got online on all my credit accounts and requested a credit limit increase on most of them! Here’s a quote from the article: “It is impossible to price assets in the funds because there is a lack…