You do know I intend to live off cash flow right? I don't intend to touch the capital at all. So market crash or what so ever won't affect me. Why? Cause good or bad times, my options will give me the cash flow to survive.

Real life eg. My monthly options income have exceeded my real life monthly income for months already. Not a one time thing. I can actually stop working now itself but I am still working to get a bigger margin of safety. Yes even when market is selling off recently. That's was I was amaze. I am still am to generate more than my monthly salary via options.
I wouldn't be where I am if I had depend on dividend investing.

I told you, I am not scared of market crash. I welcomed it. That's why when market becomes red like recently, I will always be a buyer.

Er I don't follow traditional finance stuff to reduce to less risky stuff the older you gets. I buy and hold quality companies.

I quote a blogger. You want to invest in debt and IOU of the company or you want to invest in the company? (ASSI)

"I don't follow the traditional mindset of seling of stocks to reduce risk as you age" Mr tako escape.

I quote a YouTuber, "buy and hold quality companies." "I have been holdig onto Nvidia since the 30s pre spit, I have been holding onto microsoft and my yield on cost is 6-7%p.a currently"."Never bet against the US economy or quality if US companies." These are some of his words. Not mine (Mr fired up wealth).

"Buy and holding quality companies that are increasing dividends year on year. By holding on to quality companies that increase divdend at faster rate than inflation, you will outrun inflation" (ppcian)

Can't remember their exact words but something like that.

I follow examples by real life people and not what's put out by wall Street or textbook. That's why my ways are considered unorthodox.
That's why I stop. We can continue in options thread (but he didn't want to cont). I already said enough talking about it and he push back. So I just push back and decided to stop there and then.

Btw it's the truth. Tech + semis + some other us companies > s-reits anytime anyday. For me at least. That's why I am not going back.

I expected that. But it's ok.

I only share what works for me. And so far it works marvelously. And it's not that hard nor do you need to get large amount of capital to generate the same returns vs dividends.

The difference is you assume eveyone got huge capital to do what you do. Like I said come down to earth and smell the grass bro. I show ways which works for ordinary folks like me earning only measly RM5k/month. Ways which bypass priority/private banking privileges which ordinary folks like me will never have access to so that  ordinary folks is not at a disadvantage.

may i know what risk level you are talking about? admittedly, Ramjade doesn't stress (as frequently as he should) that each option is 100 shares, and if you don't have that amount of $$/shares already bought to cover, you could lose more than you put in.

It's hard to find good cheap stocks.. Most good stocks are above 100 usd. So x100 you'd at least need 1-2k USD to play options. If a person doesn't have that much to begin with this is similar to putting too much eggs into one basket. Hard to predict their ups and downs too.

It's hard to find good cheap stocks.. Most good stocks are above 100 usd. So x100 you'd at least need 1-2k USD to play options. If a person doesn't have that much to begin with this is similar to putting too much eggs into one basket. Hard to predict their ups and downs too. Requiring 100 stocks is to buy covered puts or calls.

Naked puts and calls are using margin to buy. If not enough cash in your broker your other stocks will be liquidated to cover your losses.

So yea we have to state the risks too so that others are aware. I am still uneasy about options since we need to predict the stock price correctly. Predicting wrong means incurring losses. The realized gains and losses are much higher and faster than buying stocks.

AFAIK... he does mainly covered calls or secured puts... maybe some poor man's covered call... nothing fancy or high risks...

being super pro cc, sp, pmcc... is one thing... but also super anti reits... talks like okb... beh tahan lah... hahaha

Yes I personally feel it's like gambling too. One can only know for sure if can see future correctly.

But if search articles "is options gambling" all of them say no.. 😂 
These derivatives are good income for brokers.. That's why. So thread carefully. My investors friends also told me if new to investing just stick to stocks or ETFs first. Greedy later end up lose more money.

Options and Forex is indeed an act of gambling as you're trying to sell your Prediction in hope to get some $$. I don't know who Ramjade in real life, but since i started investing in the US market, most of the time i'll take his words as advices and things to consider when doing investing. He clearly understand the risk he's taking, he only buy the stock that he's comfortable holding it at the price he set. So if really things got sideway he won't blame himself for his miscalculation (Per what i understand from what he wrote on other thread).

Meanwhile, I'm doing quite bad for these two months, and I'm still trying to at least minimize my loses. Praying more opportunity arise that i can actually know how to grab.

I find it strange Ramjade say he is man on the street so using options he earn more monies than his current monthly paycheck. However going by above minimum 100 shares with good stock share price high how he cough up the monies? Unless he uses margin (aka borrow monies) in his play? I have a gut feeling he will soon resign from his current job and go full-time into options trading since it is already giving him more monies than the job paycheck every month.

From what I recall from his previous posts, whenever Ramjade mentions options, he often mention stocks like Palantir which atm is trading at around USD8.85 per share. So 100 shares of Palantir will be USD885(RM3k-4k) in total. Therefore, with his claim of salary of around RM5000 plus any side income, it seems to be something achievable. Perhaps he has other shares at similar pricing which allows him to accumulate 100 stocks at a decent pace, thus enabling him to dabble in covered puts and calls. It's only my assumption, but I doubt he is dabbling in covered puts and calls with stocks with stocks of expensive tech companies.

From my reading of his posts, he mentioned that his returns from Options can rival his salary. So we can perhaps assume that his monthly returns from Options is around +/-RM5k. Now, Options is alien to me, so I wouldn't know if this is a great/average/below average performance. Perhaps someone like you will be in better position to make sense of his positions since you have mentioned that you dabble in Options too.

The reply is going to be super long. Later I reply nicely one by one once on pc. Lol

Short reply.
I posted examples of my losses in the options thread. I think 3 examples.

I only do options on stocks I want to buy and what I already owned.
That have always been my rule and that never change.

You need to pay for quality. Cannot be stingy. Doing options on stuff like Microsoft, Nvidia, amd, tsmc, Adobe is risky/gamble??? You got to be joking. FYI, I don't gamble. Never have and never will. By selling options, you are the insurance writer, the casino house. And insurance and casino house always in over the long term. Statistically the odds are always in favour of the insurance and the casino house.

To generate a significant amount of cash flow from dividend investing Vs using options, one will need higher capital. Higher capital = hard for ordinary folks to achieve. The word here is significant so that you can retire when passive income >= salary.
Eg A RM30k p.a in dividends Vs options premium. One will need higher capital for Rm30k in dividends Vs using options.

At least you are more tactful, polite and NOT insinuating others in the above reply. This is an improvement. Hoped this behaviour of yours stays.

Let me think how to answer you in a productive way.

Your eg above is RIGHT ! Let me cfm this first, But,... the question becomes,... how many times can you repeat this ? Emm,... I do both,... if you ask me to do one only,... I'd prefer to do dividend-investing and protect my capital till I've accumulated enough before I start to go into Options.

And HEY BRO,..... I just remembered,...you also started with dividend-investing, remember ? You followed my guidance a few years ago ??????!!!!!??????? Then you accumulated enough capital,... and now you are into Options with accumulated funds FROM DIVIDEND-INVESTING to buy the ctrs for your Options.



Why talk so much today abt Options ONLY ?

Ok,... now I gotta go,... I'm trying to predict how much will the RBA hike next Tuesday. Hse prices have started dropping in Australia since 2020.... Want to buy a hse with a lake if possible. Now my SGD stronger than AUD and keeps getting stronger,... Majulah,...Singapura,....

Good luck to all investors in US instruments,...

What if come Wednesday, the Fed only announces 0.50% interest rate hike? Will the market climb up back?

Why sell if thesis haven't change? I am an investor. Hence I hold them until fundamentals change.

I am not a trader so I don't care if it drop. If it drop, I will be glad to pick up more.

It's red for my overall portfolio so climb 5-15% won't make much difference. I'm reducing the amount for DCA as market most likely will go down some more later this month. Additional cash I have in the platform will go into option trading. Earn few $10 per week not too bad. At least breakfast covered while waiting for opportunity.