Posts Tagged ‘the market’
With so many finance books on the market these days, it is difficult to imagine what new, heretofore “secret” investment techniques another investment manual might bring to the table. After all, you’d think by now that the myriad of financial “how to’s” and stock market handbooks would have covered every possible investment strategy you could conceive of.
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If you’ve been investing for a while, you probably have a substantial portfolio of stock shares. And, you probably have some shares that you’d be willing to sell immediately. if you could get the right price. If that’s the case, then you’re ready to learn how to rent your shares or write a covered call. Now, I realize that the term “covered call” makes it sound like someone is answering your phone for the afternoon but actually it is a very savvy way of selling stocks. You are essentially putting your shares “on the market” for someone who is willing to pay a premium at some time in the future to buy them.
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In ancient times gurus used to be very knowledgeable people who used to teach the rich and the royal. Today the meaning of guru has come to imply people who are experts in their fields, who are better than their peers. In the world of finance, people who specialise in investments and a variety of other advice and financial matters are called financial gurus. They basically pass on their knowledge to people who require this knowledge, just like the days of old where the gurus passed on knowledge to their pupils.
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