Do your investments produce enough income to cover your life expenses?This guidebook reveals a unique method of generating passive income from the stock market without spending hours in front of a computer.
The methods taught are perfect for those who want a second income without getting a second job—or, worse, those forced into a retirement they weren’t financially prepared for.
Written by 2019 United States Investing Champion Travis Wilkerson (a.k.a. Trader Travis), this guide will show you how to generate income from selling stock insurance (i.e., put options). More specifically, you will discover how to sell put credit spreads.
The book will explain the strategy's geeky name, but it’s a secret income-generating strategy used by Wall Street’s elite.
The money earned can be used to travel the world, upgrade your lifestyle, or support charitable causes. On the more practical side, perhaps you need to fund retirement, pay for a kid’s college, or reduce your financial anxiety.
Credit spreads give you the best of both income and protection against a massive loss.
Best of all, we will model the approach of someone highly respected in the investment industry. You may have heard of him Warren Buffett.
You’ll discover his secret billion-dollar option strategy and how average investors can model his approach.
Here's just a sample of what you’ll discover
A clear, simple, plain English explanation of stock optionsExactly how Warren Buffett made billions selling put options and how we can tweak his approach to make it less risky—reducing our risk of loss and increasing the return on cash2 key differences between stock options and index options—and why selling index spreads is the smarter thing to doAccount-crippling mistakes to avoid, including selling high-probability spreads on stocksA unique zero-management approach to selling long-term credit spreads—make more money, reduce your stress, and create more time freedomA 4-step passive income blueprint that takes about ten minutes, and cash will be instantly deposited into your account. If the stock market behaves (which it usually does), you’ll get to keep all the money. If not, you’ll incur a small but manageable lossDetailed answers to common questions about managing credit spreads, covering everything from when to sell them, when to close them, and how to outsource the management of them to someone else. More importantly, you’ll be shown how to make money with spreads without giving back all of your profit when you have a losing tradeBonus content reveals how to earn multiple streams of income from one stock—five to be exact—and how it’s carefully designed so no one strategy can ruin you financially. And much more.
If any of this sounds like hype, I understand. However, if you can suspend your skepticism for the short time it takes to read this book, I think you will see an entirely new world opening up for you and your family that you didn’t even know existed.
To be clear, this is not a trading strategy. There’s no daily stock chart reviewing. You won’t need to watch CNBC, use Option Greeks, or expensive software.
You calculate a few simple numbers once a month and follow the proven principles of a buy-and-hold investor.
This is Trader Travis’s 3rd book. Builds on the other two and enhances your investing “options”. Should you read it: resoundingly yes….should you read all three: yes, and please re-read and take active notes. This is a process. It’s dead simple, so simple you’ll have to change your mindset if you think money & investing must be complicated. More importantly than reading these three books is implementing the process. You can’t learn to swim watching YouTube. You can’t learn to ride a bike without getting the bike on the road….read and start, you’ll be glad you did….
This ok was good and easy to understand. I have implemented the EBH and it is indeed the easiest investment strategy with “low” risk so when I saw this I had to read. The information here is solid as always. I only have one gripe and that’s just me being picky. The comparison to the OTM Credit spreads was not a 1:1 comparison as the width of the spreads compared was not the same nor the number of contracts. But the point was understood that you can’t bet big for a small return. In my experience you need to collect 1/3 of the spread to have a chance given the actual win rates, which is what is shown in the book.
Thanks again as this is great out of the box thinking at the end of the day.
Another good, clear, straightforward, easy method from Trader Travis. The one bit I feel still could have used more explaining was when to combine them or not with his main Enhanced Buy and Hold strategy. He addresses this question directly, and seems to say “don’t bother,” but then later it does sound like he’s saying it adds some useful diversification. So anyway, I’ll think about it some more before I decide whether to actually implement it or not. But I certainly see how it could be useful in some situations.
When I read my previous non-fiction book on Keto diets, I realized that at a certain point in time a person, me, need no more information on a certain topic. Opening and reading this book, Travis wrote the same thing - this is likely the last book on financials I need to read. Time for action. Or. Get to work. At least five minutes a month.
I followed out of money approach and as Travis pointed out it is a very risky approach. Open to trying the ebhi approach. Only missing information on ebhi approach is how many days out call and puts he purchased and days out naked put and strikes he sold information.
IT was OK, I do not know why people are so excited about it. Just clever dialogs, reach boring rotaries who do not have any problems but killing or solving mysteries.
But entertaining reading so probably what's matters.
Una forma simple y eficaz para alcanzar La Paz que da generar consistentes resultados financieros. Tal como dice travis hay que darle una oportunidad en tu vida!