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One recent fool article notates that december is a bad month to try and change your habits! Jeff Fisher is pushing e-mail offers to join up to there Options trading with a deadline of december 11 to join at a discount. I just don't know about this options thing seems a bit over my head, but i am quite interested! Seems a person would have to change some habits to make the time for options and is it even viable for a really small fry invester like myself as i only own as of now 7 stocks totaling less than 20K ! any advise much appreciated
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One recent fool article notates that december is a bad month to try and change your habits! Jeff Fisher is pushing e-mail offers to join up to there Options trading with a deadline of december 11 to join at a discount. I just don't know about this options thing seems a bit over my head, but i am quite interested! - RS429CJ | Date: 12/9/2012 11:57:42 PM | Number: 259851
I have in the past started several options and derivative portfolios at Investment firms I have worked with in the past decades, starting in 1976. For a period of time, I even traded on the Floor of the CBOE in Chicago along-side traders from Merrill & Goldman.
I consider myself a very experienced, seasoned Options Expert, but do not currently use options as a regular part of my investment activities. Also, I would not expect to be able to teach others about Options from a distance. Side-by-side experience at a Trading Desk with all of the required Tools and Information Resources works best.
My current investment activities are focused on starting companies and Venture Capital investments.
Kahuna, CFA Founding General Partner Institutional Venture Capital Limited Partnership 2012 - 2019 Kailua-Kona 96745
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Using options as part of an investment strategy can be beneficial - IF you take the time to learn about what you are doing:-) I consider the time spent in this area well worth it.
Kahuna is a professional investor. I'm not. He advises against it, especially if you don't have someone literally at your side, guiding you as you learn. I disagree with that. If that were the only way to learn, then nobody but professional investors would be trading in options (or stocks, for that matter), except the very few who could get a professional to sit by their side and guide them.
The material provided by the options service at The Fool is very comprehensive. It takes you step by step through the learning process, and shows you everything you need to know, to get involved. PROVIDED you are willing to read, think, read some more, and think some more:-)
There is also a very active community of members who are all always willing to help out newcomers.
For what it's worth, I would suggest that if you are interested in learning about this facet of investing, by all means, join. Remember, there is always the money back guarantee, if you find it is not to your liking!
Harry G A happy subscriber to TMF Options
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