A Wall Street Journal writer said this bill "would actually reduce the value of all retirement savings plans: IRAs, 401(k)s, Roth IRAs, the works." Click here to learn more.
Your No. 1 Question... Answered
By Alex Moschina, Associate Publisher
We hear it from readers all the time.
It may be the No. 1 question we get here at Manward...
"When should I sell an option?"
It's a good question. And if it's one you've been pondering, I urge you to keep reading. Because as you'll see, determining when to bail out of an option is quite different from determining when to sell a stock.
We've already covered the ins and outs of making your first options trade.
In a special series, we defined all the crucial terms... shared our tips for picking the perfect option... and went through the exact steps to get started.
But that's only one part of the equation.
After you buy an options contract... what's next?
Do you hold the option until expiration? Do you sell at the first sign of profits? Should you put a trailing stop in place?
The first (and easiest to identify) is... a double.
A Page Out of the Alpha Money Flow Playbook
It's an ideal scenario. Double your money on an options contract and you've completely eliminated your risk.
That means it's time to take your money off the table.
Sell half of your position. Once you do, you'll instantly be playing with the house's money. And from there? It's all upside.
Alpha Money Flow subscribers saw this strategy in action just last week. The underlying stock for one of Andy's recommended positions jumped 55%... causing the option to suddenly triple.
"[It's] prudent to take some of our winnings off the table," Andy told Alpha Money Flow subscribers. "Let's sell half the option gain and let the rest see how high they'll climb."
The Libertarian National Convention just concluded in Orlando, Florida. And Manward's own Joel Salatin was invited to speak. Unfortunately, Joel notes, "My 'Christian libertarian environmentalist capitalist lunatic farmer' persona did not fit in." In particular, it was his speech on the tension between environmental stewardship and individual use of property that raised hackles. To get Joel's take, and to share your opinion, click here.
The Ugly Ways Big Gov Will Dig Deeper Into Your Pocket
As Andy dipped into the mailbag this week, he was reminded of the No. 1 rule of economics: Money goes where it's treated best. If this simple concept were taught in school, he argued, the headlines would look a lot different. Clearly Manward readers also had money on the brain. To find out what they had to say - and read Andy's responses - click here.
This chart shows that Washington will be virtually helpless when the next crisis hits. That's why it could do something drastic on September 16, 2020... something that could bring this raging bull market to a sudden stop.
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