Up to now, we have thought of the Great Depression of 1929 as the most traumatic economic collapse ever. It stretched over a period of four years. The coronavirus-induced collapse is of a similar magnitude. It will happen over three months!
An article in a recent issue of Foreign Policy states that the economy as we knew it might never come back.
Online vendors will blow traditional retail stores out of the water. Large conventions, small meetings, movie attendance, concerts, book and magazine publishing and more, are changing beyond recognition. The high global unemployment levels will continue to increase. Personal incomes will drop. Investment returns will drop. These changes will be lasting.
During the month of March just past, Monday Morning Millionaire Program members writing covered calls and cash-secured puts made $US59,304.01 per million dollars invested each week. That is nearly 6%! Per week!
Do the math to adjust the amount invested to match your own situation.
This opportunity is unmatched! It will not last.
Please note that the Monday Morning Millionaire Program contains opinions only. It does not provide any investment advice or endorsements.