On May 30, 2023, from a friend of Monday Morning Millionaire Question: Hi Milan I think this may be a way to beat the S&P 500. One year ago I bought an exchange-traded fund (ETF) tracking the the S&P 500 then sold a call against it and received $US43.00 in premium income. This capped my […]
On February 4, 2023, from Ray Bursey, Newfoundland, Canada, Questions: I have just seen this and wondered if you agree and what you see or feel the economy may be heading for. https://youtu.be/rQWmrVk-gpo Monday Morning Millionaire Program Answer: Thank you for your question, Ray. Over the last several decades, house prices have risen at […]
There are several dozen chess principles or rules that chess players observe. A good chess player knows the right time to ignore chess principles. Can the same approach apply to investing? Yes it can, and now could be the time. The Monday Morning approach to investing equals the US market at all times. Throughout a […]
Writing (selling) just out-of-the-money covered calls on any security generates the largest percentage return if the expiry date is close, say, a week away or in the same week. It also results in having a 50% chance of being assigned, that is, having to sell the security below market price. Then, to stay in the […]
Year-to-date, last Friday, September 23, the Toronto Stock exchange index (TSX) was down nearly 13% and the US market is represented by the S&P 500, was down almost 22%. Markets go through at least one big pullback every year and one massive one every decade. Get used to it. It’s just what they do. We […]
First, a thank you to all who gifted a membership or a one-on-one zoom meeting to friends and relatives. We think that they make ideal gifts. Consider it. And now, our sincere gratitude to all members who took the time to respond to our Friday, July 1 survey about the impact of a recession. Time […]
On May 22, 2022, from Alberta dentist Drew I love the Q and A! I was looking at VFV or SPY to track the S&P 500. After the market fell 10 percent, I put in another 1/3 of the cash from my 50/50 asset allocation. But now, with it down between 15 and 20, I […]
At 1:00 PM today, I will appear on the program Modern Investing on IBM TV with Sasha Starr. Here is the YouTube link: https://www.youtube.com/watch?v=rnX1BOJD2qg I will show a PowerPoint presentation that Monday Morning Program members understand well. You can watch it any time. We welcome your comments. Now, let us talk about the US stock market, […]
On May 15, 2021, from Dr. Hardik Patel, age 39, Ajax Ontario, Canada, Questions: I like all your approaches and am following them. I feel confident investing in SPY and have done so for over the last two years. The market being down, I don’t have a 50:50 allocation any more. Mostly my investments are […]
The media tell us that governments are doing everything possible to tame inflation. Really? Like all borrowers and bond issuers, governments are the biggest beneficiaries of inflation. They repay all debts with money of lesser value. In addition, as the price of goods and services goes up due to inflation, so does the goods and […]