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Tyrone Jackson has been teaching for almost 10 years and trading for over 20 years, and he always starts by teaching his students on and offline to write covered calls. This is a great place to start because it produces guaranteed residual income. We want to own stocks that pay dividends and that allow us to sell call options.
There are always going to be people who like high risk stocks. They think if they buy these risky stocks for very cheap right before the stock sky rockets they will make quick money. The problem is this pattern rarely happens. You are better off going with the more established names with consistent top line revenue.
Here are a few examples of high risk stocks that traders have been tempted to invest in for the past few years:
Tesla
A lot of people got excited about Tesla automobiles and recognized their opportunity to have a significant impact on the auto buying market. Had you bought the stock five years ago with a $1,000 investment, today your shares would be worth $8,600. Its not that the company is so great, it’s just that investors got very excited about what Tesla was doing. However this is a high risk stock because the company does not have a long track record, it does not pay a dividend, and it doesn’t have a history of top line revenue. The revenue hasn’t been there long enough for us to follow it as a disciplined investor.
Go Pro
You’ve seen the Go Pro cameras; they are very cool products to own and they capture beautiful video. However, we in the Wealthy Investor program, never purchase stocks from companies that only have one product. Yes they have different version of the same product, but Go Pro could easily be dominated by a bigger player. A company like Apple could come out with their version of this camera tomorrow and knock Go Pro out of the game, because Apple has a very loyal fan base. If you’ve noticed over the past few years the Go Pro shares has gone from a high of $90 per share down to $25 per share.
Pandora
The problem with Pandora stock is, if Apple decided to launch a music service that rivaled them, Apple would take the market share. Pandora has gone from a high of $37 per share down to $13 per share.
If you are just starting out, you want to start by investing in lower risk companies. If you grow your account over time on the strength of these low risk companies, in the future you may be able to afford a little more risk. For now, your next step is to visit TheWealthyInvestor.net and download the free ebook Trading Stocks for Wealth. This ebook will introduce you to low risk strategies. There is no reason for you to take on more risk than necessary. Click HERE now.
Some people say, “I would never put my money in the stock market because it’s too risky.” Yes there is risk, but without risk there would be no reward. There are companies in the DOW jones that are less risky because they have proven their revenue - companies like Coca Cola, Disney, Apple etc. In the Wealthy Investor Program we try to balance risk by leaning a little more conservative and having most of our money in DOW stocks.
Today Tyrone talks with someone well versed in risk. Josh Belanger is an option trading specialist and author of the book Fearless Investing With Options. Josh began working at 19 as a pizza delivery boy. He told one of his regular customers about his dreams of becoming a stock broker, and the customer advised him to get a Series 7. While Josh studied to pass the Series 7 exam he worked on the floor of the Chicago Stock Exchange as a runner - the lowest man on the totem pole. After the test, Josh had a career as a stock broker, or financial adviser.
After paying his dues, Josh started to see how the internet and technology was changing the industry. He also realized that he wasn’t really learning to play the game of the stock market. He got out of the finance industry and started trading options aggressively. Now Josh is the founder of www.OptionSIZZLE.com where he publishes free daily investing and trading tips and teaches struggling self directed investors how to become more profitable trading options while reducing risk, creating higher chances of success and generating better returns in any type of financial market.
Having been on the other side, Josh believes that mutual funds are legally stealing everyone's money. The monstrous fees taken by the financial advisors and firms compared to the little amount of money they make you in return is unreasonable. Also, financial advisors are required to operate under so many legal restrictions, that there's not much they are allowed to do to grow your money.
Now trading on his own and helping others to do so, Josh has focused mainly on options trading. In Tyrone’s Wealthy Investor approach, he teaches LEAPS options trading. In a LEAP, the option has a one year expiration date. Josh’s strategy utilizes shorter time frames; his options usually expire in 30 - 50 days. Josh looks more for income generating opportunities instead of focusing on long term investing or day trading.
Josh believes that one of the first things you need to understand is implied volatility. Ideally if you buy an option you want the implied volatility levels to be low. If you buy an option, you want to look to sell it. Your fear about what could happen is greater than what really happens in the market. Typically Josh buys an option and sells another option. He does this to reduce the overall cost and increase the probability of success. This would be considered a spread.
As Tyrone always says, "The Stock Market is a game with a hundred ways to play it." To learn how to build your strategy and get in the game visit WITradeSchool.com.
Tyrone Jackson, The Wealthy Investor, answers the most common questions he is asked about trading and investing:
1) It all seems so complicated, where do I go to actually open my online brokerage account?
Prior to the internet you would need a family relationship to someone at a brokerage account to help guide you through the stock market. The stock market was the playground for the rich because you would have to actually follow your stocks in the newspaper to see if they went up or down. It was hard to get rich if you didn’t have access to the information. Well now we all have access to the information online. We can do our research for free. This means that anyone with $500 - $1000 can go to ETrade.com, TDAmeritrade.com, Fidelity.com, or Schwab.com and open an online brokerage account. Once you fund your account you have access to buying and selling stocks.
However, if you have no financial education you can get yourself into trouble. One of Tyrone Jackson’s first rules is to never buy stocks that are under $20 per share. Those stocks generally don’t have institutional involvement in them. A good rule of thumb is to be in the stocks that the big money is in.
Be humble enough to know that theres a lot of things you won’t know. Don’t be afraid to ask questions.
2) How do I know what stocks to start with?
There are a hundred ways to start investing. The stock market is one game and 100 ways to play it. Simply, start with companies you are familiar with because it will be easier to do research on them. It is also wise to only buy stocks that are in the DOW Jones Industrial Average.
3) Can you explain what a covered call is?
Writing a covered call is essentially buying some shares that you are willing to sell the rights to at a higher price, which is called the strike price. Whether or not the stock reaches that higher price, you get paid for that right to buy it. This type of trade can be made as frequently as every week and it can be made in your IRA and your cash account. It is very versatile. The Wealthy Investor program can teach you to build a whole profile around covered call writing.
Listen to the episode to hear more of Tyrone Jackson's helpful answers.
You will have access to Wall Street for the rest of your life, but you need a financial education to teach you how to utilize it. Start your education today at WITradeSchool.com. Or download the Tyrone Jackson's FREE eBook at TheWealthyInvestor.net.
Tyrone interviews one of his more advanced students, Patrick Giugliano, about his experience trading so far.
Patrick started as an engineer but decided he didn’t want to make a career of it. The medical field spoke to him because he enjoyed helping people. Luckily it is in Dr. Giugliano’s nature to flourish in difficult situations because he chose one of the hardest disciplines of medicine: sleep medicine. Eventually Patrick built a private practice and had a long and successful career. Recently he retired and is happy to make trading his main source of income.
Patrick was attracted to the Wealthy Investor program because Tyrone came from a common background, similar to himself. He also appreciates that Tyrone teaches you to trade like the institutions trade. The institutions, or the big money, refers to the banks, college endowments, insurance companies, and hedge funds that trade a million or more contracts at once. These large trades truly affect the market. By understanding why the institutions trade the way they do, an individual can anticipate moves in the market and ride the coat tails of these companies.
The first trade that Tyrone teaches is covered call writing because it helps to shift your mindset to see what is possible. Patrick says he doesn’t have a favorite type of covered call because he uses the different types of trades to react to what is happening in the market. For example, in a bull market he would use out of the money calls. On a more advanced level, Patrick is attracted to owning LEAPS, or Long-term Equity Anticipation Securities, because of their extrinsic value and because purchasing a longer option gives you the time to be right.
When Tyrone teaches more complex derivatives, which are basically buying longer calls, he teaches his students to buy a lot of time because that call option will go up exponentially as the stock moves up and time becomes kind of like an insurance policy.
Patrick uses compounding by going back and forth between the Delta 30 and the Delta 70. At the end of the cycle he ends up with more contracts than he started with. When he gets to the point where he has doubled his contracts, he then buys a stock like Apple or H&R Block and moves his money out of a trading scenario into a long term investment scenario.
Planting seeds and making investments to plan for the future is very important. Wealth is a feeling first and when you start to see your account balance rising, it gives you more confidence overall.
Patrick’s best trade happened recently. A few weeks ago the stock market went down a record 10,000 points in 5 trading days. Then on one day it dropped almost 1,100 points. Although this sounds bad, there was an opportunity because the big money was buying right back in. Patrick saw that the institutions were bringing the market back up and bought a leap at this moment. On that same day he made $12,000.
Getting a financial education has helped Patrick to create a nest egg for his family and still retire from his job. He will trade for the rest of his life because it's exciting, it keeps his mind going, and it funds his lifestyle.
Patrick’s advice to new traders is this: the most important thing about the Wealthy Investor program is being able to understand what to do if the market is bullish going up, bearish going down, or if its range bound, so that you can make money no matter what happens. The only way to make money on a regular basis is to be methodical. Even the best traders in the world know that they will only be right 19 out of 20 times, so you have to have a plan.
And our Wealthy Investor, Tyrone Jackson, agrees. It’s not about making fast money all the time. We want predictable income.
If you want to participate in advanced trades like Patrick Giugliano, you have to start at the beginning. Download Tyrone Jackson’s cheat sheet Millionaire Secrets to start getting familiar with the language of the stock market. Click HERE to download now.
Tyrone Jackson explains that all you need to finance your entire lifestyle is a vision. One of the biggest benefits to having money and having wealth is freedom, the freedom to choose what your life would look like.
Tyrone interviews his student, actress Valencia Yearwood, who has created a successful and artistic lifestyle for herself. Valencia grew up in Queens, NY. When she was 14 she decided she wanted to be a gynecologist. Being at a specialized high school she was able to double major in medicine and performing arts. After graduating college with a degree in biology, she decided that medicine was not her calling and followed her dance dreams instead. Valencia made it into the Dance Theater Company and traveled all over the world dancing before she hung up her pointe shoes. Afterwards she transitioned into acting and was cast in the Lion King on Broadway. Following an injury that took her off Broadway, Valencia started doing television commercials. You’ve seen her on commercials for companies like Liberty Car Insurance, Fed Ex, Capital One, McDonald’s and more.
As a dancer, Valencia knew that her career couldn’t last forever so she would have to find another way to have residual income. She came from a middle class family and before meeting Tyrone she did not have a financial education. The most amazing thing about shifting her mindset was seeing that there were possibilities for getting more out of life. Once she started to shift her mindset it didn’t only affect her money- she started to attract abundance in all areas of her life.
What Valencia likes about the stock market is that she doesn’t have to depend on anyone else to increase her income. She can do it on her own time from her own home. Her favorite trade is writing covered calls because it’s guaranteed, but her second favorite is volatility trading because its not a long term commitment. Last year she had minimal time to trade so she just focused on one leap trade, which ended up doubling her account. That trade taught her the power of focus. Now she would like to get better at trading options and specifically trading front month calls against options.
Valencia’s advice to beginners is “You don't need a lot of money in order to make money. You need a lot of focus, you need to be open, and you need to partner with someone who can give you the financial education that you need, but that’s really all you need. Stay open and shift your mindset.”
To start your financial education today, download Tyrone Jackson’s latest cheat sheet Millionaire Secrets. Click Here to Download Now!
The first strategy the Wealthy Investor program teaches for creating wealth and residual income is covered call writing, which means buying a stock and selling an option to someone else. There are three different types of covered calls you can employ depending on market conditions: out of the money calls, at the money calls, and in the money calls. Tyrone Jackson explains all three in detail at WITradeschool.com.
Most billionaires are associated with stocks and play the stock market game. However many investors get started in real estate. Most people identify with the concepts of renting out property or flipping a house. Real Estate is tangible, but when you buy and sell a stock you don’t have to fix toilets or evict tenants. Tyrone Jackson’s student Christopher Haro got started in real estate but has since fallen in love with the stock market.
Christopher Haro was born and raised in Los Angeles. His father worked at Boeing for over 48 years. He, himself, wanted to start working young to earn extra cash for playing video games down at the arcade. So he washed dishes and did whatever he could at his Uncle’s restaurant and he started his own little business mowing the lawns in his neighborhood.
Now, Mr. Haro is an accountant, a CPA, by trade. He had tried the stock market before the dot.com era by purchasing some options of AOL. It was a couple months before the market imploded and he lost all his money. He swore he would never invest in the stock market again. At the time he also owned real estate. He owned a rental property and his own house. His goal was to have 20 rental properties.
It is expensive to buy real estate in Los Angeles so Chris started doing his research on out of state properties. He bought property in places like Idaho and North Carolina. He figured that having five $100,000 properties would be less risky than one $500,000 property in LA where he would be at a huge loss if that one tenant didn’t pay on time.
Chris doesn't remember who turned him on to Covered Call Writing, but it was hard to believe that the money was that easy. He had started making the trades on his own but didn't have the discipline and the patience for it. As an accountant, he would simply see a loss when the stock went down instead of looking at the net positive. Now with his education from the Wealthy Investor he can see the opportunities in his trades no matter what the market does.
The best trade he made in his first year of trading was with Nike. He had bought 400 shares and kept selling covered calls. Wash, rinse, repeat. When the shares were finally bought away from him he had made $2,000 just making the same trade over and over again. Chris says that you don’t have to be good at math, it’s just coming in and doing it and learning the system and being consistent. The hardest part is the emotion and dealing with it when the market drops. Coming to class, he learns what to do when the market changes and how to benefit from it. This shifted his thought process.
You too can shift your thought process about building wealth. Visit TheWealthyInvestor.net to change your financial world today.
As Tyrone Jackson says, “You don’t know how much money is out there with your name on it.”
Stock market beginners often want to know how to get in on the ground level of a stock that is going to rise. They often ask about IPO’s. An IPO is an initial public offering, or a company that is going public for the first time. There’s usually speculation on the Internet and in the news about how this is a great time to get into that stock. Should you own a stock when it first goes public? Tyrone's opinion is that you should never purchase a stock when it first goes public, because a company that is just going public raises money through the sale of stocks and sometimes bonds to expand their business. At that point we don't know anything about their marketing plan and what they are going to do with the money that they raise. This means there is more risk involved with that stock. There is no track record for how much the company is spending and earning. The closest you should ever come to buying an IPO is one year after the company has gone public, because there will be one year of revenue and four quarters of revenue growth as proof.
In this episode, Tyrone Jackson interviews his student Darcy Parsons. Born in Peekskill, Darcy attended school in Buffalo before moving to New York City where she became a producer. She worked on SNL for a few years as segment producer for anything filmed outside of the show. With experience in advertising and producing Darcy eventually moved to Los Angeles and worked in commercials. She opened her own company, Brewster Parsons, which specializes in photo real visual effects, direction, design, and project management.
Darcy had invested in the stock market in the late 90's and lost $10,000. She swore she would never invest in the stock market again. Instead she dappled in real estate investment. But when Darcy met someone who knew Tyrone and recommended his class, she decided it couldn’t hurt to hear his method. She was inspired by The Wealthy Investor program because there was accountability and monthly classes to make sure that the students are current with what is happening in the market. As a creative and a visual person, she enjoys that Tyrone's method simplifies something that is so extremely complex.
Darcy went to the class for 6 months before making her first trade. She made her first trade with Ebay and made $750 on a volatility trade. She made $2,000 her first month and became a believer.
In the Wealthy Investor Program, Tyrone and his students are simultaneously both traders, taking income in off a covered call or volatility trade, and investors who build wealth by building positions on $5 buy signals. Darcy has a few long-term positions in stocks that she uses this technique to build. This basically means that when you buy shares of a stock, you wait for it to go up five dollars to prove that it’s worthy of another round of investing.
Darcy also believes that dividends are hugely important. For example, Darcy owns Macy’s stock, which has dropped, but she is still capturing the income from the dividend. She also believes that this stock is a good long-term “date” and plans to hold onto it for a while.
As a single mother of twins, Darcy is very grateful that they are enthusiastic about the stock market. Her son actually begged to open a trading account, and she opened one for him 3 months ago. Darcy’s children will have this financial education that will affect the rest of their lives. If she had had this education when she was younger living in New York in the 80’s, she says that instead of buying shoes she would have bought Microsoft!
To those who are afraid of losing money, Darcy says that it is not realistic to think you can invest and never lose anything. You can’t control what happens, so you set off with the best intentions, acknowledge that there is some risk and try do things with the lowest risk possible. So you assess what it looks like and go with your gut.
Your gut should be telling you that you deserve to grow your wealth too! Visit TheWealthyInvestor.net to start your financial education today. As Tyrone says, “Stay open and stay positive!”
Tyrone Jackson, the Wealthy Investor, teaches his students how to change their financial situation by investing and trading in the stock market. However he also teaches that before you even buy your first stock, you must change your inner game - the game behind the game.
Tyrone himself had mental blocks when he was younger. Being raised by a single mother, it had been drilled into his brain that he must work overtime if he ever wanted to put money away. This mindset affected his deep seeded feelings towards money. This created a paradox as he grew older; his feelings told him that he should be small, while his brain told him that he should do great things in the world. It took him a while to learn to let go of someone else’s desires of what was meant for him in life.
Years later, after accomplishing many great things, Tyrone had the chance to sit down in Texas while at a seminar event with Dana Garrison. Dana is really good at helping people become acquainted with their inner blocks so they can have the life that they deserve financially.
Dana Garrison started out as a therapist and in that time period she learned that 10% of what shows up in our life comes from our conscious mind and conscious thought while 90% of what shows up comes from our unconscious thoughts, habits, and patterns. She set out to study how to change our unconscious thoughts and habits and she came up with something called family entanglement work.
Family entanglement work helps people to become aware of generational patterns that we inherit from our families surrounding money and success. Problems and stresses our descendants may have had with money can literally become a part of our DNA. Once aware of these issues and “entanglements” the next step is to address them in some way, shape or form.
For example, many people have a lack of unconscious permission for abundance. Once we address that lack, and start to give ourselves permission, we can be amazed at what we attract.
Dana Garrison realized at 15 that she wanted to create as much positive change as possible with her life and she realized one of the ways to do that was to work with people who are going to help other people. If she can free other people to be the post powerful, empowered selves, so they can live the life they want to live and do what they came here to do then she knows that she is making exponential change on the planet. Get a free gift from Dana by visiting her website here: www.danagarrison.com/gift
Want to start by making exponential change in your own life? Visit WITradeSchool.com now! Click HERE.
Zane Mark is a successful musician and conductor. His father was a reed player, playing all the wood wind instruments with the Ellington Band and eventually Broadway. Music stayed in the family as Zane, his wife, and his daughter have all been on broadway. Mr. Mark is well known for co-composing the show Bring in the Noise, Bring in the Funk.
When the money first started coming in and Zane’s musical career started taking off, he bought stock in mutual funds. There was no rhyme or reason to what he bought and he lucked out that it always worked out in his favor. Zane didn’t have a financial education but he knew that if you made $1 a week for 52 weeks and your bills came out to $60, you needed to do something else.
Zane felt that if he stuck his money under the mattress it wasn’t going to be able to keep up with inflation. If he just threw it willy nilly into the stock market, he was begging to lose it all. Just like there needs to be a class on parenthood, there needs to be a class on how to handle your money. So when her Broadway show got in the way of Zane’s wife signing up for Tyrone’s Wealthy Investor class, Zane took the class in her place.
Now with his financial education, Zane feels that he understands what the cost of living is, he can keep up with it, and now with his investments and trades he is able to surpass it. This has enabled him to relax and not worry when the phone doesn’t ring with another musical gig.
Zane generally trades stocks that pay out dividends. He owns Dow components such as Home Depot and American Express. The only non-dow component stock that he owns is Starbucks, and it is only a small part of his portfolio. This year has been much better for him because most of his portfolio is in DOW components. He tries to trade five contracts at once to make the fees worth it. Zane’s favorite trade is a simple covered call.
Mr. Mark's favorite stock used to be McDonald’s but now it is Disney. They have so many things in their wheelhouse it feels like, how could Disney go wrong? They just announced that they are going to split their dividend. He has been investing in Disney for a little over a year.
Want to gain a financial education so that you can relax like Zane Mark?
Visit WITradeSchool.com now. Click here.
Brian DeMars came from a poor family in the Bronx. He became a musician writing and playing jazz/rock fusion music but eventually carried on his father's trade of printing for the direct mail business.
Off of a friend's recommendation, Brian and his wife went to one of Tyrone's Wealthy Investor Seminars. For Brian's first trade, he bought 100 shares of Disney. He wrote an out of the money covered call and he loved the feeling of making money from his first trade! After two months in classes with Tyrone he felt comfortable managing three accounts for himself and his wife. To this day, covered calls are still his favorite trades.
Brian believes that money needs a plan. He sets short term and long term goals for himself. When it comes to fear he says, "Fear is something you have to say to yourself, I can face everything and run or I can face everything and recoup some money." He also has a personal acronymn: TIME - Trades I Must Experience.
Experience these trades for yourself! Visit TheWealthyInvestor.net to start your financial education now!
Tyrone Jackson's student Patricia Lo Piccolo joins him to talk about how she changed her mindset about what was possible and found a way to help her family.
Patricia had a middle class upbringing in Dallas, Texas. Her mother was a nurse and her father was a landscape architect. They always had what they needed but they lived paycheck to paycheck. As an adult, she moved to NYC and established a life for herself where similarly, she was comfortable but always needed that next paycheck. She didn't realize that she should start thinking about building wealth.
It wasn't until Tyrone told her about the stock market that she started to shift her thinking. Once she found out it was possible to create monthly income it was just a matter of educating herself. Patricia has now been trading and investing in the stock market for about three to four years.
Once her mindset shifted, Patricia realized that a property that had been in her family for years was an asset. Because of repairs, that property had felt like a burden for a long time. Patricia was able to take a loan on the equity of the property and open a brokerage account for her family.
However, it took Patricia about nine months to get enough of her family to open their minds to this possibility. She was able to bring some of them to Tyrone's class, and once they actually heard covered call writing explained, they felt more comfortable with the idea.
Now the family account is starting to pay back the equity loan, it makes money every month, and pays dividends to her parents. The value of the property now produces money for repairs.
If you learn the Wealthy Investor approach to trading and investing, you can help yourself and your family too. Go to TheWealthyInvestor.net to learn more!
In order to make money in the stock market, you must first open a brokerage account. Tyrone Jackson, The Wealthy Investor, explains the different types of accounts and how to get started.
There are 3 different types of online trading accounts:
1) Full Service
Most of the people who open a full service account are not doing a lot of online trading. They want the advice of a professional. These types of brokerage houses take much larger commissions.
Example: Edward Jones
2) Discount
With a discount brokerage account you have the choice of having someone guide you through the stock market process or you can just trade online for one flat rate. That rate is usually from around $9.95 to buy or sell a stock to $29 for a broker assisted trade. There is still a commission, but that commission is tax deductible.
Examples: TD Ameritrade, Fidelity, and Charles Schwab
3) Deep Discount
Some people like paying as little as possible to open their account. A deep discount brokerage account has lower commissions but it is only open during the stock market hours. You also lose hours and availability of customer support.
Example: E*Trade
Matt Anthony owns and runs a recording studio but still finds time to trade stocks and create extra residual income. A few years ago a colleague of Matt’s mentioned Tyrone Jackson’s program and invited him to join. At first, the whole idea of managing his own money and trading in the stock market was very scary. There is a fear that you could lose it all. The way that Tyrone teaches trading encouraged Matt to take the leap.
Now, Matt has learned to have patience, not be greedy, and make money no matter what the market does. He marvels at the fact that he can make $2,500 a day before 9:30 in the morning.
Matt tells Tyrone about his favorite stocks to trade: Apple, Disney, and Starbucks. Tyrone agrees that Apple is everyone’s favorite stock because of its five-year chart. See below:
If you want to learn to read these charts, trade stocks and manage your own money just like Matt Anthony, join WItradeschool.com.
Click here for more information. Find your own financial freedom!
In order to trade stocks wisely, you need to know the story behind the companies. This requires some research, but it should not be intimidating. One of Tyrone Jackson’s students, Candace Sorman, explains how simple and fascinating the research can be. The stock market is like a game and you just have to learn how to play to start making money and having fun.
Candace grew up in the Pacific Northwest in the late 1960’s. She was taught growing up that it was really hard to make money and that she needed to get a really good job or marry rich. That didn’t work for her. She wanted to get away and see the world so she became a flight attendant. She always did fine financially but it was all about working hard. When Candace followed a friend to one of Tyrone’s lessons, she felt that she was finally in the place where she was supposed to be. She says that writing her first covered call was “earth shattering.”
Candace has been trading for about four years and has grown to love watching how the market changes. She can get lost in the research for hours. However, she explains that it doesn’t have to take long at all. You learn to read the charts. If you like the picture, you can choose to “date” that stock. Candace advises “You have to try it; it’s not complicated.”
With a basic financial education, she is right. It’s not complicated. So get your education now by joining WITradeSchool.com. It’s time to start making money without working overtime!
Click here to join.
The stock market is it’s own universe and the language intimidates many people. Tyrone Jackson demystifies the stock market by explaining some of the basic terminology and some of his favorite strategies. The stock market is not too complicated; you just need a financial education.
A great place to start is learning the difference between trading and investing stocks. When we invest in a stock, we are willing to hold onto those shares for a long time. We only do this with stocks that are a part of the Dow Jones Industrial Average. It’s a good idea to buy stocks from companies who have a story that we understand. In other words, we know how they make their money. By holding onto these stocks we get to collect dividends: your share of the company’s profits. When we trade a stock, we are selling it for a profit. One of the first trades we learn to make is a covered call. There’s a way to make money on a covered call whether the stock is going up, going down, or staying the same.
The number one questions that Tyrone Jackson’s students ask is, which stocks should I be trading and which stocks should I be investing in right now? The best way to find the answer is to join Wealth Investor Trade School. The market is always changing and Tyrone can help you keep up with it week by week.
Learn the language of the stock market and get in the game. Change your life. Get yourself educated and then pass on the knowledge to your loved ones.
Click here to join.
You need to change your mindset in order to change your life. Andre Blake is the perfect example of someone who made a shift in his mindset that allowed him to be successful creatively and financially. You might recognize Andre from projects such as Silence of the Lambs, Philadelphia, The Blacklist, or as the voice of BET, to name a few.
Andre was raised in Long Island by a Venezuelan mother and a West Indian father. His parents were hard-working and successful people and they primed, probed, and even scared Andre into success. However it was also instilled in him that money and wealth could only come from working hard and receiving a paycheck. After studying with Tyrone and making his first trade, Andre realized he could make money without working for it all day. With this, he realized that he was going to be rich.
Andre started his brokerage account with only $2,000. He has now been trading successfully in the market for seven years. The idea that the trades will never run out gives him a level of comfort and reassurance he can’t put into words. Listen to this podcast to find out what his favorite trades are and how he likes to spend his earnings.
Andre could not have changed his mindset or his life in this way without a financial education. Join WItradeschool.com to follow in Andre’s footsteps and start making money now.
Find a way to live a better life, just like Andre Blake!
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Everybody would love to be successful; the difference is that some people take actions to back up that desire. Before these actions, there are thoughts. So wealth actually starts in your thoughts first.
Jenenne Macklin came back for another visit and she and Tyrone discuss her shift from simply making money to generating wealth consciousness. It’s not just about being on the grind making money, it’s about living a bigger more expansive life. Tyrone tells people to upgrade their friends and Jenenne says to change your zip code! You have to start thinking and feeling abundantly.
Jenenne explains that its different for women, because there’s a sense that life isn’t necessarily on your side, so you are going to have to make your own way. The women that she has watched grow into successful wealthy people generally had something bad happen to them that gave them the idea that “there’s got to be more.” This has driven them to find what “more” means.
For some women, more means real estate because it is tangible. For others who don’t necessarily want to be out fixing toilets and renovating homes, it means investing in the stock market. We spend so much of our money in our economy, why not own a small piece of the things that we use and buy on a daily basis? If you use an iPhone, why not own a piece of Apple? If you have Verizon service, why not own a piece of Verizon? By thinking abundantly we start to see that we deserve the money that is right in front of our faces.
Women control 14 trillion dollars in personal wealth assets. However, 70% of widows change their financial advisors within a year after their spouse’s death. 57% of women rely on social security benefits. 11% of women ages 65 and older are poor! To change this, women need to get financially educated and to find financial independence at a younger age.
Both investing in the stock market and financial independence require getting a financial education. Listening to this podcast can be step one. Hopefully you have learned some useful tips to help you build your wealth. To learn more about investing and trading stocks, join Wealthy Investor Trades School. At WItradeschool.com Tyrone Jackson will give you the basics to get started and then keep you updated on the ever-changing stock market week by week.
Click here to join!
Tyrone begins by breaking down some stock market terminology for those who are new:
A Bullish market: a market in which the stocks are generally rising as a whole
A Bearish market: a market in which the stocks are falling as a whole
A Neutral market: a market in which the stocks are fluctuating day to day but not moving in big increments
Covered Call Writing: an options strategy used for generating guaranteed income in which you sell the option to someone you don’t know to buy a stock away from you
Revenue: a company’s income, which is what makes stocks rise
Top line revenue: a company’s gross income
Cost of revenue: amount of money spent
Float: The amount of shares that are in the public domain for the industry to trade
Small float: a fewer number of shares available in the public domain, which causes the stock to rise faster when revenue increases
Large float: over a billion shares in the public domain, which means traders that are moving 50 – 10,000 shares are not causing the stock to rise or fall
Case Study: Verizon
We like Verizon because it is a component of the DOW Jones Industrial average and it has a large float; there’s a lot of institutional money in this stock. Five years ago if you had bought $1,000 worth of this stock, it would now be worth $2,000. While waiting for that stock to rise, you also would have been collecting the dividend, which is $2.20 annually per share. For 1,000 shares, you would have collected $2,200 per year.
5 Year Chart:
Real estate can be a good investment, but it has a much larger barrier to entry. To even get started on buying real estate property you have do a to title search, do a credit check, find the right attorney, get a contract, negotiate and so on. Then you might be approved for a mortgage, but there still might be conditions. Then if you finally own the property, there will be repairs and upkeep to the property. The list goes on.
Now, with the Internet, to start trading stocks all you have to do is open a trading account with a discount brokerage house such as TD Ameritrade. You can then sign into your account on your laptop or hand held device. To buy and sell stocks it costs a mere $9.95 and that is tax deductible. You can get started with as little as $500 in capital.
Not only can the stock market help you grow your money, but also your stocks become assets for you. You can leverage assets to get loans, to rent a car, or to make that real estate process much smoother if you do choose to buy a home.
To start asset building now, go to WItradeschool.com.
Click here for more info.
Everyone’s journey towards financial success is different, which only proves that anyone can do it. Denna Dean tells Tyrone Jackson her story and what her favorite trades are now.
Denna Dean was born and raised in South Central Los Angeles to a working class family with no financial education. She became obsessed with saving, made her way to college, and found Primerica at a job fair. She signed up with them and learned a lot about sales and financial principals. Most importantly she learned to pay herself first, which is really, as she says, the first act of self-love.
When Denna Dean became more curious about the stock market she started an investment club called “Lez Invest.” The group asked and explored questions like “what is saving?” and “what is investing?” to encourage themselves through self-education. By 2012 the group started to seek outside sources for education.
Denna Dean would occasionally search for financial classes on Living Social and stumbled across Tyrone Jackson’s Wealthy Investor program. She showed up for her introductory day and was excited by Tyrone’s idea of using the stock market for income. When she signed up for Wealth Investor she finally learned about covered call writing. She was so agitated with excitement from this lesson that she couldn’t sleep.
Now Denna Dean sleeps very well at night because her money is working for her. Her favorite stock to do most trades with is Apple, although she also loves Home Depot for covered calls and volatility trading, among others like Starbucks and Disney.
Denna Dean’s advice for those afraid to start trading is to just get started. She says, “I did it, you can do it, it’s your time now.”
It’s your time, so go to WITradeschool.com to start YOUR journey toward financial success.
Click here for more info.
Also, take a look at Denna Dean’s site: www.webefreeenterprises.com.
In Tyrone Jackson's Wealthy Investor program, 70% of his students are female, so Tyrone sits down with Sacred Wealth Guide Jenenne Macklin to talk about women and their relatinoship to wealth.
Both Tyrone and Jenenne agree that before you can have great outer success in the world you have to work on your inner game. Jenenne teaches women to access the sacredness within them that will allow them to generate wealth and peace of mind.
Most women are not taught about money. It’s not taught at home and even for Jenenne who went to college twice, it was not taught in school. A lot of the time this lack of education gets passed down through generations. Even Tyrone’s single mother taught him that the only way to make more money was to get a job that paid overtime. Luckily he sought more and found the wealth that he deserved. He is now passing all of his knowledge onto his daughters.
Jenenne explains that money is an inanimate object and it will pretty much do what you tell it to. However, many of her clients subconsciously choose to have negative energy around this incredible vehicle and tool that they could be using to create an amazing life for themselves.
Tyrone says, “Wealthy birds of a feather love to stick together.” What he means, is that often times people need to find new friends and back away from their families in order to surround themselves with people who support their new positive outlook on money and wealth.
Jenenne expands with more concrete advice. She says to look at the thoughts you have about money, especially where money relates to religion. Money does not have to be the root of all evil, as it is often taught. Have a budget and write it down so you can physically see where your money is going. Watch your thoughts when you have cash in your hand. If you think “I better spend this,” then that is the vibe you are ultimately sending out into the world about money.
Once you start to shift your inner game, you need to tell your money where to go. Go to WITradeschool.com to learn how to make a plan to grow your money.
Click here for more info.
Tyrone Jackson often says that wealth is a series of wealthy habits. One of those habits should be collecting dividends. In this episode, Tyrone tells you why.
When searching for wealth building tools, most people find Mutual Funds, in which financial advisors will pick and trade stocks for you in large sums with other people’s money. Tyrone teaches people to personally pick stocks for themselves because you can make a lot more money this way.
Tyrone’s approach to the stock market is to buy and trade very low risk stocks. He almost exclusively deals with stocks that are members of the DOW Jones Industrial average and the S&P 500. He finds that his students make thousands of dollars by being a little more conservative with what stocks that choose, and collecting dividends. What is a dividend? A dividend is your share of a company’s profits after they have paid all their expenses on a quarterly basis. In other words, buy owning a company’s stock, you own a small piece of their business, and thus you receive a small piece of their profit.
Tyrone explains how this works through three case studies.
1) Microsoft (MSFT)
Microsoft’s dividend is $1.24 per share annually. However the shareholders receive that as $0.31 every quarter. If you owned 100 shares, you would receive a check for $31 every quarter. If you owned 1,000 shares you would receive $310, if you owned 10,000 shares you would receive $3,100, and so on.
2) Coca Cola (KO)
Coca Cola’s dividend is $0.30 every quarter. If you owned 100 shares, you would receive a check for $30 every quarter. If you owned 1,000 shares you would receive $300, if you owned 10,000 shares you would receive $3,000, and so on.
3) AT&T (T)
AT&T’s dividend is $0.47 every quarter. If you owned 100 shares, you would receive a check for $47 every quarter. If you owned 1,000 shares you would receive $470, if you owned 10,000 shares you would receive $4,700, and so on. That’s $18,800 per year for doing nothing but owning shares of a stock!
When you choose stocks directly, dividends should be a part of your investing plan because stocks are assets. Your children can be beneficiaries to your wealth accounts and literally inherit your stocks that will pay them dividends. They can inherit your residual income.
Tyrone believes that wealth is a feeling first. When you receive checks in the mail on a quarterly basis, it feels good! That feeling is something you can build on.
Start feeling good now. Learn more about how at WItradeschool.com.
Randy Hernandez is a successful model and actor who met Tyrone Jackson at an audition for an HBO Television series. He eventually signed up for Tyrone’s class, but began very slowly in the stock market. Randy says he opened his TD Ameritrade account and had money sitting in it for three months before he ever pulled the trigger on a trade. But opening that account was half the battle.
Randy and Tyrone discuss how there is definitely a fear of failure, a fear of unknowing or not being financially educated that stops many of us from taking the leap. Anyone can make money in the stock market; you just have to have the mindset to see how it works. After making that first trade and seeing the money grow in his account, Randy made six figures in his first year of trading.
Randy explains that the “millionaire mindset” isn’t really about having a million dollars in your account. It’s a feeling of freedom that you can have yourself, your family, and your lifestyle. You can have the power to eliminate stress and make money on your own terms. But you have to think of trading as part of your income, part of your daily lifestyle. If you treat it like that you will be responsible about it, not get greedy, and do the necessary research.
One thing that helped Randy get past his fear was Tyrone’s format. He says that Tyrone teaches you in a way that is very safe—he always goes back to the basics no matter what is happening in the market.
To learn these basics and more, check out what Tyrone Jackson has to offer at WITradeschool.com.
Click here for more info.
In order to find financial freedom we must change our money beliefs and get a financial education. Tyrone Jackson continues to demystify the stock market for us and uses Starbucks (SBUX) and Nike (NKE) to explain how we could have been making money for the past five years.
If you refer to this chart for the Starbucks (SBUX) stock, you can see how if you had bought $1,000 worth of Starbucks shares five years ago, it would now be worth $2,900.
Similarly, if you had bought $1,000 of Nike (NKE), it would now be worth $2,400.
These case studies show us how the rich get richer. Imagine if that $1,000 was actually $100,000. That money would now be worth $290,000. The rich invest money directly into the stock market, not through mutual funds.
Once we make these investments and start to make money, we can use our earnings to supplement our lifestyle. That’s the great thing about the stock market; as we are asset building, it gives us cash.
Want more examples? Want to learn to not only invest, but trade stocks in the stock market? Visit WITradeSchool.com.
Five Year Case Studies
Apple Stock (AAPL)
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets; Mac, a line of desktop and portable personal computers; and iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, and iPod shuffle. The company also provides iTunes app and the iTunes Store; Mac App Store that allows customers to discover, download, and install Mac applications; iCloud, a cloud service; Apple Pay for making mobile payments; Apple TV, a portfolio of consumer and professional software applications; iOS and OS X operating systems software; iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite designed to help users create, present, and publish documents, presentations, and spreadsheets; and other application software, including Final Cut Pro, Logic Pro X, and its FileMaker Pro database software. In addition, it offers various Apple-branded and third-party Mac-compatible and iOS-compatible accessories, including headphones, cases, displays, storage devices, and various other connectivity and computing products and supplies. The company sells and delivers digital content and applications through the iTunes Store, App Store, iBooks Store, and Mac App Store; and sells its products through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. It serves consumers, and small and mid-sized businesses, as well as education, enterprise, and government customers. The company was founded in 1977 and is headquartered in in Cupertino, California.
$1,000 invested five years ago = over $3,000 today
$10,000 invested five years ago = over $30,000
$100,000 invested five years ago = over $300,000
Home Depot (HD)
The Home Depot, Inc. operates as a home improvement retailer. The Home Depot stores sell various building materials, home improvement products, and lawn and garden products as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds, as well as act as a contractor to provide installation services to its do-it-for-me customers through third-party installers.
It primarily serves professional remodelers, general contractors, repairmen, small business owners, and tradesmen. The company also sells its products through online. As of March 13, 2014, it operated 2,263 retail stores in the United States, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, and Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.
$1,000 invested five years ago = over $3,200 today
$10,000 invested five years ago = over $32,000
$100,000 invested five years ago = over $320,000
Visa
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. It owns and operates VisaNet that is involved in the authorization, clearing, and settlement of payment transactions; and provision of fraud protection for account holders and assured payment for merchants. The company also offers a range of issuer processing services for participating issuers of Visa debit, prepaid, and ATM payment products. In addition, it provides electronic payment, risk management, and payment security solutions to online merchants; digital goods transactions services in online games, digital media, and social networks; and mobile financial services for mobile network operators and financial institutions in developing economies. The company offers its services under the Visa, Visa Electron, Interlink, and PLUS brands. Visa Inc. is headquartered in San Francisco, California.
$1,000 invested five years ago = over $3,100 today
$10,000 invested five years ago = over $31,000
$100,000 invested five years ago = over $310,000
Do you have a millionaire mind set?
Do your thoughts allow you to attract money?
All wealth is taught.
Who taught you about how to invest and put money to work for you? All rich people have mentors. All rich people expect money to work for them.