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  #14  
Old March 17, 2020, 05:45 PM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 2,587
Default Three ways to make moolah in the financial markets at the moment

Quote:
Originally Posted by Glenn View Post
Thanks Dien,

Craig was very happy today on the phone.

He made 12 points.

At 1K a point or 12 Grand.

Just because The Futures market is so volatile.

Glenn

P.S. - Craig says he can ONLY TALK TO ME btwn 4Pm and 6PM.

4Pm when the market Closes.

READING btwn the lines HE IS Making Multiple Trades each day.

All Day Long - as the Futures Repeatedly Hits his Investing model.

When we 1st met Craig was making 60K a year.

In 2019 he made 500K

2020 Looks to be Even Better For Him.

P.P.S. - ME? I like to Help people but in Areas I can CONTROL.

So I am going after More Single Owned Restaurant Clients.

EMPTY becuz of Coronavirus.

More willing to TRY NEW IDEAS.
Thanks Glenn...

Awesome stuff!

Along those lines, here are three ways to make money in the financial markets...

1. Figure out which companies are going to be making more money as a result of the current situation...

Then buy their stock.

For example, at the time of writing, ZOOM has more than doubled in the last week.

(Went from $5.50 to $11.80 per share.)

Zoom makes videoconferencing software... Extremely useful when so many people are working from home.

2. Figure out which stocks will go down, or if the whole market will go down, and buy PUT options.

Put options are options that go up in value when the stock price goes down.

However... Keep in mind that if the stock price goes up, Put options go down in value - and can even end up being worth zero. As with everything, there is some downside risk. You have to do your research and take action accordingly.

3. Many people believe we're at the start of a bull Gold market.

To play this, you can buy gold, or gold mining stocks.

If they're right and gold goes up, you make money.

Why would gold go up? Gold is a common "safehaven" when people are afraid. The more people end up buying gold, the more the price goes up.

Best wishes,

Dien

Last edited by Dien Rice : March 17, 2020 at 05:59 PM.
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