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  1. #23
    Junior Member(有D料到)
    Join Date
    11-08-2012
    Posts
    89
    If you are serious about building long-term wealth then the first step is to find several mentors with skills in your areas of interest. People who have done the hard yards themselves with their own money ...... not an "expert" or broker or middleman for some corporation. Someone whos willing to show what they did and where they went wrong and what they got right.
    Next learn everything you can about where you want to put your money read books and reports,YouTube, webinars etc. Start conservatively until you better understand the risks.

    A few tips to start researching if you're interested in the share market.
    Start off with a good platform like IG Markets or Saxo that give you access to more sophisticated products and overseas markets.
    Next start investing in bluechip companies and ETFs like FAANG stocks and SPY then write monthly covered call options on those shares one or 2 strike prices 'OTM' (Out of the money) At present that should give you about 3% per month return on the share value and reduce your downside risk. If the options are exercised then you can cash settle instead of having to repurchase the shares.
    This strategy should give you about a 40% per annum return in addition to the dividend on the shares with much reduced risk than just purchasing the shares only.

    When you are more experienced and want to move to a higher return strategy then look at buying CFDs with 10x leverage on your EFTs and then writing your options on your CFDs for a 30% per month return.
    Last edited by Sizematters; 31-12-2020 at 10:33 PM. Reason: Spelling errors

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