AWD Investing Blog
Our Investing Ideas and Commentary Now on WallStNation.com
Sat, 10/10/2009 - 16:48 — Frank Lara Jr.
Visit WallStNation.com for investing ideas and commentary by the partners of Asset Wealth Development, LLC. WallStNation.com is an independent financial newspaper that covers the events and emerging stories surrounding the U.S. Stock Market. We specialize on securities that are traded on the New York Stock Exchange (NYSE), National Association of Securities Dealers Automated Quotations (NASDAQ), and America Stock Exchange (AMEX).
SSO the Proshares Ultra S&P500 - UPDATE for 08-05-2009
Thu, 08/06/2009 - 20:10 — Bret Beaupain
Let’s update how we use online options trading with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) to created a covered call strategy. As you may recall from previous articles, the cost basis on our 500 shares of SSO is $22.64. Thanks to timing and strategy since end end of June I am at 7.8% profit that yields a CAGR of 40.1%.
Engaging SSO the Proshares Ultra S&P500 - UPDATE
Tue, 07/21/2009 - 19:47 — Bret Beaupain
Once again we revisit the covered call strategy we have initiated with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) to find that thanks to volatility you can still bank coin.
Searching for the Best CD Rates and 6 Month Deals
Thu, 07/16/2009 - 03:32 — Frank Lara Jr.
As always we are on the search for the best National CD rates, this week the winner goes to TriState Capital Bank with a 6 Month CD offer at 1.9% APY, and there's a few others worth mentioning.
Best Advice of the Day "Buy Goldman, Sell the Economy"
Mon, 07/13/2009 - 18:17 — Frank Lara Jr.
Today, July 13th is all about Goldman Sachs (NYSE:GS) and thanks to an insightful upgrade by Meredith Whitney, Goldman shares are lifting the equity markets. Expecting the U.S. economy to deteriorate? So is Whitney, and as things get worse for everyone, Goldman is going to come to the rescue.
Engaging the Ultra S&P500 Proshares (SSO)
Wed, 07/08/2009 - 21:25 — Bret Beaupain
Playing with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) Options has become a National Pastime for many investors looking to play the broad market swings. A simple excercise in selling covered calls and knowing when to execute them can keep you afloat and do what I like to call 'charge rent' on the shares I own. Using stock options to protect your investment is a tool every trader should know and use in 2009.
Taking Advantage of High Yield Savings Accounts
Mon, 07/06/2009 - 17:27 — Bret Beaupain
High yield savings accounts are a bit of the rage these days given the economy is in the toilet. So if you are putting money, such as your emergency fund, into a savings account, make sure you are getting the best rate. Let's review a few of the offerings that we would recommend.
Get Ready for Q2 2009 Earnings Season
Sun, 07/05/2009 - 21:07 — Frank Lara Jr.
Second Quarter 2009 Earnings Season starts up this Wedensday with Alcoa Inc. (NYSE:AA) leading the pack, and after the horrible week we had last week, investors are hoping for signs or clue about any type of end to the recession. What type of guidances will we see from companies this coming week, will the revenue forecasts begin to improve or will we see more of the same?
Guerrilla Trading with Take-Two Interactive (TTWO): 21% Gain in 15 Trading Days
Thu, 07/02/2009 - 23:29 — Frank Lara Jr.
One of my favorite methods of buying securities is using what I call 'Guerrilla Trading', when a stock has taken a huge beating and its been left for dead, enter the 800 lb. Gorilla. This isn't taking a chance on a falling knife, rather, identifying a stock that you've been hunting from afar then when the moment strikes, you swing in from the jungle vine.
Investing using High Yield CDs - 3, 6, or 9 Months in 2009
Thu, 07/02/2009 - 20:17 — Frank Lara Jr.
High Yield CDs (Certificates of Deposits) are a safe and easy way to lock your money away for months at a time and know that you are going to bank some type of return even if it may be small, knowing that there is no risk provided you go with a FDIC Insured institution.
