Dear Reader, We received a lot of great questions during the webinar on Wednesday. I can't possibly address all of them here, but these are my answers to some of the more common ones. 1. What happens if the stock market goes down? Using our method, there are several ways you can reduce the risk of big losses. The first and most obvious way, is by only going after the safest blue chip stocks we can find. With great picks from the start, we have less chance of big losses when the next recession and bear market occurs. Also, we set up our strategy to protect your assets using techniques that Doc Eifrig learned on Wall Street. Everything from position sizing to stop losses help folks better manage their money. There are a couple of other ways Doc will be teaching you and covering over the course of the event. 2. How do you use stop losses with this trade format? We use a 25% trailing stop to exit positions if they fall. To calculate a trailing stop in a covered call, you consider the price of buying back the option to close the position. For instance, if the stock trades for $50 and the option trades for $5, then you could exit the trade by selling the stock for $50 and paying out $5 to "buy to close" the call, making the final value $45 ($50 - $5). 3. If I own a stock that pays a dividend during the expiration period of the option, does that change the strike price? No, the strike price doesn't change except for rare cases of spin-offs, mergers, or special dividends. For a regular dividend, the option price will have the value of the dividends built-in. You won't see it listed anywhere, but when you sell the option you'll get a slightly lower price to account for the fact that you (the shareholder) gets the dividend and the option buyer doesn't. 4. How much risk does this involve? Most individuals invest late and invest blindly, taking on a lot of risk… they're essentially taking a gamble on already risky stocks and hoping for the best. Our approach is the exact opposite, we prefer to act like a casino instead of the gambler, which is why we only use our method on the world's best blue chip stocks that have been dominating their industries for decades. 5. Is it difficult to learn? In short, No. Of course, we all learn at different speeds, but I'm convinced that after we go over a few examples together you'll have a firm grasp of the few steps it takes to use our Retirement Trader income method. We've taught hundreds of individuals, from plumbers to doctors, men, women, and every age you can imagine, successfully use this method to boost their retirement income. Heck, Doc taught himself way back when he was just 17. I’m sure you have other questions that weren’t answered here… I realize this seems like a big commitment, but once you start collecting extra income upfront every month, you'll be glad you did. So, let me give our customer service number, so you can get any additional questions you may have answered. The number to call is 1-800-583-2065. You'll talk to a qualified professional who'll be able to quickly assist you without any pressure. But remember this special offer expires Sunday at midnight. And today is the last opportunity to call our team and ask any questions you may have. Take a minute now to call one of our representatives and once the markets open on Monday you could start collecting money. Talk to you soon! Regards, Michael Cottet Director of Member Services Stansberry Research P.S. Nobody will be here on the weekend to answer your call, so if you'd like to talk to a real person and get your questions answered call 1-800-583-2065 before 4PM today. It will only take a few minutes. |