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Property is down, Shares are down and Superannuation has lost value. However, there is positive news with the market improving on the back of the banks and interest rate reduction. If you have cash it might be a good time to invest in the market, however, if you bought while shares were high; what do you do now?
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The question is what can we do now to earn income or recoup value in our portfolios?
Alex and Tony developed My Covered Calls during July 2006 to provide up to date options data to its Members. The original data service was web based and was migrated to a PC application called "ProWriter" during November 2007. ProWriter uses current ASX data to create your best Trading Plan for covered call options.
ProWriter is a fantastic tool. It is unique, not like any other data service available.
There are two things you can do in the current market: do nothing and wait for things to improve; or be pro-active and get your assets working [safely] to re-build your portfolios.
If you own shares now you can still write "covered call" options over them and receive income, even if their current price is down from when you purchased. If you have cash or other assets, then you can use these to generate monthly income buy buying shares at a lower cost and writing covered calls.
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My Covered Calls will teach you how to trade Covered call Options. In the current market, 30% plus returns can be achieved. Is your superannuation achieving 30% annually?
My Covered Calls will show you how to make your assets work for you to generate cash-flow each month. This is a proven strategy that Brokers have known about for years. Now that we have computers and can trade from home, like the professionals; anyone can get the advantages of trading Covered Calls, for extra monthly income or growing your wealth.
Trading Covered Calls takes little time, and using the My Covered Calls system, can be done during evenings and weekends. It is considered low-risk and is appropriate for a Self Managed Super Fund; where your investment can quickly compound.
I am a novice investor with no previous experience in shares. Using ProWriter enables me to act like a professional share trader. It is very simple and easy to use. The support I have received from Alex and Tony has been fabulous. They are passionate, knowledgeable and practice what they preach! The only way to start earning is to take action and start trading. Its addictive! ProWriter is very simple and enables me to first work out my plan and then to execute it with confidence. It is a very inexpensive tool of the trade for my new business. I definitely could not do what I am doing without it. This is the best job in the world. It takes me a few hours a month from home. I now have time to spend with my children and attend all of their activities. Fiona J.
Gold Coast, QLD
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