Recent content by Reefer49

  1. R

    Retire on equity, how ?

    Sorry Bill Facts and figure I think I supplied a few and you actually replied with a few of your own. So lets use your figures your words "Put it another way, as soon as the price of the shares trade lower than $35 or above $45 then the strategy is bad, with a very high likelyhood of it...
  2. R

    Retire on equity, how ?

    Sorry Bill you must be right, Ill stop or may be pick another company. As you said "Those that don't believe it have never seriously tried it" Your answer would suggest just that. so once again thanks for your input great answer. I'm off for that smoke you talk about. thank you...
  3. R

    Retire on equity, how ?

    because you are wrong MQG today trades at $42.26 Sell dec 38 call = $7.44 = Actual outlay $34.82 actual profit $3.18 for 6months = 9.13% twice a year is 18.26% (less brokeage) not bad money Down side risk if price drops to $34.82 but consider holding on dividend your return per...
  4. R

    Retire on equity, how ?

    You probably answered the question. There is work involved, and a lot of it. Regards
  5. R

    Rental inspection

    Help please is it normal for realestate agent to take photos during a rental inspection? I find this quite intrusive would love your opinions. Regards
  6. R

    covered calls

    In Sell a ITM put in get it back, and recieve more income, keep doing it till you get it back. they will not go up for ever. And as far as 1% what is it for the year? its about income(cashflow) not about what your portfolio value. If imagine the shares held as units for rent, so if you...
  7. R

    covered calls

    and yes - anything naked is risky. you get exercised and you have to buy stock you didn't want, or borrow money - to buy stock to sell - at a loss. Blue card Don't accept the lose sell ITM call or even longer dated and fix the lose why accept the lose. make sure all cost are covered. regards
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