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If you want to create financial success you need to have a financial vision. Once you set a financial vision, you must set goals that make your vision your reality.
In this episode of Trading Stocks Made Easy, Tyrone Jackson has an insightful discussion with motivational speaker Ed Blunt. This episode will guide you through the tools you need to expand your life financially.
Trading and investing is a skill. Every investor needs a financial education. The Wealthy Investor Trading Stocks Made Easy Podcast is an easy way to learn hot the stock market functions. Become a better stock market trader and investor. Learn the Wealthy Investor approach to covered call writing and investing in the stock market for the short and long term.
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Hear from four all-star students of The Wealthy Investor Program in the most recent Trader's Roundtable from the Trading Stocks Made Easy Podcast.
Trading and investing is a skill. Every investor needs a financial education. The Wealthy Investor Trading Stocks Made Easy Podcast is an easy way to learn hot the stock market functions. Become a better stock market trader and investor. Learn the Wealthy Investor approach to covered call writing and investing in the stock market for the short and long term.
Visit the
to learn more.
http://thewealthyinvestor.net Let Tyrone Jackson, The Wealthy Investor teaches you how to trade and invest in the stock market for monthly income. Your goal should to learn as much as you can and keep your trading and investing simple. You can download The FREE Wealthy Investor e book Trading Stock for Wealth today.
The most recent episode in the Wealthy Investor Roundtable Series, wealth coach Tyrone Jackson sits down with four students in the Wealthy Investor program to discuss the market, trading, stocks, and finding financial freedom.
Join Tyrone Jackson, the Wealthy Investor, as he details his five secrets to success, both financially and in life.
The advantage of being connected to The Wealthy Investor program is finding out what stocks money is flowing to, getting a financial education, and learning how to manage risk and allocation all at the same time.
Join The Wealthy Investor Community today HERE.
Born in Peekskill, Darcy Parsons 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.
Greg Vojtanek grew up outside of Chicago to a middle class family. The extent of his stock market education was a 45 minute lesson in high school. Greg majored in Theater at Lewis University outside of Chicago, IL. Afterwards he moved to Los Angeles to pursue in career in acting, until he moved to NYC for love. While in New York, he first began investing in real estate. He managed a small property in PA. Since he was already interested in investing and residual income, when his sister-in-law, Julie, invited him to the Wealthy Artist program (now The Wealthy Investor Program), it seemed like a natural fit. The system clicked for Greg. He really liked that it was just simple numbers on a page; there was no brick and mortar and certainly no leaky faucets to fix. He started getting really good at covered calls and discreetly started to tell people about it. Slowly he started convincing his family to let him show them his skills. He first started an account for his 13 year-old nephew and later took on his Mom’s account.
When Greg’s brother-in-law had a big break in Hollywood, he knew he was about to come into a lot of money that he didn’t know what to do with. Since Greg was the only guy who knew that could handle money, he asked Greg to move out to LA and work for him. So Greg moved back out to Hollywood and took over his finances by opening a trading account for him.
Now, between managing his own trading account and his job managing others, he is financially independent. He exemplifies this with a recent experience; “I thought I had x amount of dollars in my personal account. I logged on yesterday and it was a lot more than what I thought I had. I don’t really worry about my account value because I know it’s fine. It climbed without me even knowing it.” This has allowed Greg to get back to his creative roots. He is now a writer on a new show premiering next year.
When you know you have money coming in every month from the stock market it, Greg says it is “…one less thing to worry about, and for most people that’s 50% of their worries in their life. If you can eliminate that or at least bring that down to like 10%, life becomes a lot easier.” One of the reasons Greg is still trading and taking class is because he loves helping other people, and he love’s putting other people’s minds at ease.
If you aren’t sure if you’ll find success in the stock market, Greg says, “I have met so many walks of life in six years of working with [Tyrone] of people all over the place who figure it out. It may take some people a couple more classes than others. It doesn’t matter, that’s fine. Wherever you are in your life is where you are, that’s fine. And however long it takes you to figure out the numbers or what’s going on, that’s fine. If it takes you a couple minutes, great. If it takes you a couple weeks, great. But you are on your own pace and it is really not difficult.”
To get started, take a few minutes to visit TheWealthyInvestor.net and download the free E-Book Trading Stocks For Wealth.
Carol Werth shares her story with Tyrone Jackson, detailing how she went from being a school teacher to a successful part time trader and investor.
To learn these basics and more, check out what Tyrone Jackson has to offer at WITradeschool.com.
Asara Lovejoy is the Founder and President of The One Command Global Corporation Author, The One Command Berkley Publishing, Nightingale-Conant author, The One Command: Imprint Your DNA for Lasting Wealth and Happiness and The Theta Code: Activate Your Blueprint of Vital Health, and Founder The One Command Executive Success Coaching Certification program is an International seminar facilitator, coach and trainer who has brought her world renowned One Command program to over 500,000 folks around the world and counting.
Her message is simply this. “You have a greatness right within you and by directly accessing your theta brain wave you can instantly change your mind, your emotions, your genetic programs and your DNA by your command. Beloved speaker, and founder of The One Command♥ Executive Success Coaching program, Asara Lovejoy is one of the most compelling voices to emerge from the self-help and human potential arenas in decades. Worldwide, folks have responded to the new revelation in consciousness that Asara shares. She says, “You are hard-wired for success right within your brain, biology and DNA and in 6-easy steps and One Command we show you how to access that power.”
But the future didn’t always look so rosy. In The One Command programs Asara shares her ups and downs, wins and losses on her financial journey, a journey many of us have experienced. Applying the very principles she shares in her message she has turned her business into a worldwide enterprise sharing her message of possibilities as she goes.
Asara’s background includes a history of study and practice in many disciplines in our human potential. She has long been an investigator of the theta brain wave and the quantum field. Asara studied with renowned teachers in the fields of human consciousness and transformation, including seven years under the tutelage of Jack Schwarz who worked in conjunction with Dr. Elmer Green at his research center at the Langley Pointer Institute, where they studied beta, alpha, theta and delta brain wave frequencies and their effects on human health and consciousness. She mentored and taught with Paul Rebilliot through his Direct Impact Creativity program, doing trainings in Europe, Canada and the U.S. and over the years, Asara has received intensive training in quantum field theory, NLP, hypnotherapy, Psychodrama Impact Therapy, and Energy Healing.
Asara Lovejoy is an author who believes in action. She has worked tirelessly to bring her message of The One Command to the world. Starting with a turnkey book package to help promote her self-published book she has accomplished great success. The One Command is translated into Spanish, Japanese, German and Italian and Asara travels abroad to share the message of possibilities.
Visit Asara at www.successbyyourcommand.com and start on our Free Foundation Course Life at Your Command that explains how and why you are designed for greatness.
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.
Carrie Keranen is a successful working actress in the Los Angeles area. She grew up in Oak Park, Michigan, studied international business and Japanese at the University of Michigan, backpacked around Europe after college and then bought a one-way ticket to New York City. Despite her studies, Carrie couldn’t keep away from acting. Her career starts with voice over work, then flowed into theater, and eventually television and film. Carrie moved to Los Angeles after checking off the list of the things she wanted to accomplish in New York.
When you are a working actor you have paychecks coming in from many different jobs and it forces you to have a more intimate relationship with your finances. You have to track your payments and keep your W-2’s and 1099’s organized. Sometimes you are up and sometimes you are down so you have to learn to live in the middle. When Carrie found herself in an up period she realized the worst thing she could do was just live off it and watch it go away. There had to be a way to make that money work for her to give her some semblance of control. She finally followed a friend into the Wealthy Investor Program with Tyrone Jackson.
When she first began, Carrie was terrified. But by the end of her first Wealthy Investor class, Carrie felt she understood the basic concepts. This gave her the feeling that she could eventually figure this out.
After Carrie’s first trade, she did not have that “good” feeling. She realized that this meant she needed to check in with her negative feelings about money flowing towards her. In a way, she says that her entire first year has been about the internal journey.
Now, Carrie loves covered calls because they reduce risk. You can guarantee you will have a return on your money every month. The hardest thing for Carrie to wrap her head around was that she could really take the money she was making trading! What has been amazing for her, is actually understanding the concepts well enough to decide for herself whether to trade an In the Money or an Out of the Money covered call. Although, she feels Out of the Money calls are sexier than the safe “grandma” In the Money calls.
Carrie doesn’t consider herself a business person. It makes sense for her to trade companies that she understands, such as Disney (DIS) and Visa (V). Plus, having the community there for her to discuss the concepts as she is learning them is extremely helpful. She also thinks it is important to see what’s possible. Seeing where other people started and where they are now opens up her own realm of possibilities. Now, almost a year after her first class, Carrie achieved her goal of paying her rent with money from the stock market.
During Carrie’s first class she was very tense and nervous. But then she said to herself, “Yes or no? This is either something you want to learn or it’s not something you want to learn. And if it’s something you want to learn - Learn it NOW.”
Carrie realized early on, “This program is not about ‘I’m going to be a millionaire next week.’ This is about how to have continuous, sustainable, predictable wealth every month, out of every year, for the rest of my life and it’s starts where I’m at right now and grows from here. And if I just keep pushing that line back next year, or next year, or next year, then it just means that I’m getting that started next year, or next year, or next year.’
Her advice to you is “Just take the next step. Don’t worry about everything and the whole big picture, just take the next step. Take it day by day. Just do what you can right now. You don’t think it’s going to make a different but it is going to make such a difference. You can’t even conceive of the ways that this is going to open up your mind, your heart, your spirit, your understanding, when you are on the fear side of it. The moment you take that first step, all those doors are going to start to open and it’s such a beautiful thing. Please, please, please do this for yourself.
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.
Tyrone talks stocks with students Christopher Haro, Carrie Keranen, and Randy Hernandez.
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.
Carrie Keranen is a successful working actress in the Los Angeles area. She grew up in Oak Park, Michigan, studied international business and Japanese at the University of Michigan, backpacked around Europe after college and then bought a one-way ticket to New York City. Despite her studies, Carrie couldn’t keep away from acting. Her career starts with voice over work, then flowed into theater, and eventually television and film. Carrie moved to Los Angeles after checking off the list of the things she wanted to accomplish in New York.
When you are a working actor you have paychecks coming in from many different jobs and it forces you to have a more intimate relationship with your finances. You have to track your payments and keep your W-2’s and 1099’s organized. Sometimes you are up and sometimes you are down so you have to learn to live in the middle. When Carrie found herself in an up period she realized the worst thing she could do was just live off it and watch it go away. There had to be a way to make that money work for her to give her some semblance of control. She finally followed a friend into the Wealthy Investor Program with Tyrone Jackson.
When she first began, Carrie was terrified. But by the end of her first Wealthy Investor class, Carrie felt she understood the basic concepts. This gave her the feeling that she could eventually figure this out.
After Carrie’s first trade, she did not have that “good” feeling. She realized that this meant she needed to check in with her negative feelings about money flowing towards her. In a way, she says that her entire first year has been about the internal journey.
Now, Carrie loves covered calls because they reduce risk. You can guarantee you will have a return on your money every month. The hardest thing for Carrie to wrap her head around was that she could really take the money she was making trading! What has been amazing for her, is actually understanding the concepts well enough to decide for herself whether to trade an In the Money or an Out of the Money covered call. Although, she feels Out of the Money calls are sexier than the safe “grandma” In the Money calls.
Carrie doesn’t consider herself a business person. It makes sense for her to trade companies that she understands, such as Disney (DIS) and Visa (V). Plus, having the community there for her to discuss the concepts as she is learning them is extremely helpful. She also thinks it is important to see what’s possible. Seeing where other people started and where they are now opens up her own realm of possibilities. Now, almost a year after her first class, Carrie achieved her goal of paying her rent with money from the stock market.
During Carrie’s first class she was very tense and nervous. But then she said to herself, “Yes or no? This is either something you want to learn or it’s not something you want to learn. And if it’s something you want to learn - Learn it NOW.”
Carrie realized early on, “This program is not about ‘I’m going to be a millionaire next week.’ This is about how to have continuous, sustainable, predictable wealth every month, out of every year, for the rest of my life and it’s starts where I’m at right now and grows from here. And if I just keep pushing that line back next year, or next year, or next year, then it just means that I’m getting that started next year, or next year, or next year.’
Her advice to you is “Just take the next step. Don’t worry about everything and the whole big picture, just take the next step. Take it day by day. Just do what you can right now. You don’t think it’s going to make a different but it is going to make such a difference. You can’t even conceive of the ways that this is going to open up your mind, your heart, your spirit, your understanding, when you are on the fear side of it. The moment you take that first step, all those doors are going to start to open and it’s such a beautiful thing. Please, please, please do this for yourself.
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.
Greg Vojtanek grew up outside of Chicago to a middle class family. The extent of his stock market education was a 45 minute lesson in high school. Greg majored in Theater at Lewis University outside of Chicago, IL. Afterwards he moved to Los Angeles to pursue in career in acting, until he moved to NYC for love. While in New York, he first began investing in real estate. He managed a small property in PA. Since he was already interested in investing and residual income, when his sister-in-law, Julie, invited him to the Wealthy Artist program (now The Wealthy Investor Program), it seemed like a natural fit. The system clicked for Greg. He really liked that it was just simple numbers on a page; there was no brick and mortar and certainly no leaky faucets to fix. He started getting really good at covered calls and discreetly started to tell people about it. Slowly he started convincing his family to let him show them his skills. He first started an account for his 13 year-old nephew and later took on his Mom’s account.
When Greg’s brother-in-law had a big break in Hollywood, he knew he was about to come into a lot of money that he didn’t know what to do with. Since Greg was the only guy who knew that could handle money, he asked Greg to move out to LA and work for him. So Greg moved back out to Hollywood and took over his finances by opening a trading account for him.
Now, between managing his own trading account and his job managing others, he is financially independent. He exemplifies this with a recent experience; “I thought I had x amount of dollars in my personal account. I logged on yesterday and it was a lot more than what I thought I had. I don’t really worry about my account value because I know it’s fine. It climbed without me even knowing it.” This has allowed Greg to get back to his creative roots. He is now a writer on a new show premiering next year.
When you know you have money coming in every month from the stock market it, Greg says it is “…one less thing to worry about, and for most people that’s 50% of their worries in their life. If you can eliminate that or at least bring that down to like 10%, life becomes a lot easier.” One of the reasons Greg is still trading and taking class is because he loves helping other people, and he love’s putting other people’s minds at ease.
If you aren’t sure if you’ll find success in the stock market, Greg says, “I have met so many walks of life in six years of working with [Tyrone] of people all over the place who figure it out. It may take some people a couple more classes than others. It doesn’t matter, that’s fine. Wherever you are in your life is where you are, that’s fine. And however long it takes you to figure out the numbers or what’s going on, that’s fine. If it takes you a couple minutes, great. If it takes you a couple weeks, great. But you are on your own pace and it is really not difficult.”
To get started, take a few minutes to visit TheWealthyInvestor.net and download the free E-Book Trading Stocks For Wealth.
Owning and investing in the stock market requires that you believe that there are companies making money whose profits are going to go higher in the future. Many people think you would want to buy a stock at $7 and wait for it to raise $700 to get rich. However, this rarely happens. Instead, you should buy stock from companies that are already doing well, that are earning billions per quarter and annually. When they are earning high revenues, wall street rewards them with a higher stock price.
There are more an more billionaires today because there are many companies who are doing extremely well, and their executives and investors are benefiting.
For example, the company Oracle (ORCL) was founded by a man named Larry Ellison, who is now worth 43 billion dollars. Oracle has seen consistent revenue growth year after year. As the founder, Larry Ellison owns a number of shares of the stock, and it has made him a billionaire.
When someone is a great innovator and they have the good fortune to be backed by wall street, they are given a certain number of shares of their company before it goes public. For the sake of the example, let’s say that number is 1 million shares priced at $1. When the company goes public, the shares are valued and sold at $40. Now, that innovator is worth $40 million. You can see how someone might become a billionaire, if they were given or purchased 50 million shares of a stock at $10 before it went public.
Being on the inside before a company goes public can make you a billionaire. However, you can still do well buy purchasing shares of a company after it has gone public and has proven it’s consistent revenue. In The Wealthy Investor program we never purchase IPO’s because want to wait for the company to prove itself and its revenue first.
Pepsico (PEP)’s CEO is named Indra Nooyi. She is worth 144 million dollars because as a part of her pay package she is issued a certain number of shares of Pepsi. She has not made it to the billionaire realm yet mainly because there is more money to be made in software these days than there is in soft drinks.
Jeff Bezos who founded Amazon (AMZN) is worth over 50 billion dollars because Amazon’s stock has gone from $200 to $700 in the last five years. The higher the share price, the more his net worth will grow.
Bill Gates, the founder of Microsoft is worth 76 billion dollars. When Microsoft started there was a lot of running room for software companies. Shareholders who bought into the company after the revenue started rising were rewarded handsomely.
If you are not in on the ground floor of a company, it probably won’t making you a billionaire. However, investing into companies who are continuously growing their revenues can make you a millionaire. First, you have to get a financial education. Guessing is not investing. Guessing that a company’s stock could go higher is a losing strategy. You must learn to follow revenue.
If you want a shot at becoming a billionaire, you need to follow an investing plan that has been proven to work. Here's a tip from The Wealthy Investor program: When you start buying stocks, buy in small increments. In The Wealthy Investor Program we call this building a position. If I wanted to buy shares of Oracle, Amazon, Pepsi, or Microsoft, I would start by purchasing 10 share. Then I would wait for the stock to go up five dollars to prove to me that it is worth purchasing more shares.
For more stock market tips and an investing plan that works, visit TheWealthyInvestor.net today! Click HERE!
This show is all for your edification and today you can learn not only about the stock market, but about real estate.
Linda Pliagas became fascinated with real estate because her parents lost their home when she was 15. They went through a foreclosure and it was quite traumatic for Linda. She realized that when she was an adult she wanted to be successful and be able to take control of her financial future.
In order to go from a poverty mindset to get financially stable she thought she needed to work a lot of hours and be diligent. Later on she realized that instead of working hard she had to work smart. After this realization she went back to school. She became the first one in her family to get a Bachelor’s degree. She had to work her way through school so it took her a little longer to get the degree but she did it.
When Linda met her husband, his family was full of savvy investors. They were first generation americans who had immigrated from Greece. They worked 16 hour days to save their money and then they began investing in real estate. By the time Linda came into the picture they had built a nest egg of residential and commercial properties. Because the topic of real estate was a part of family gatherings Linda became very intrigued by it.
Those around Linda who were active investors, whether it was real estate or stocks, were putting their money to work. Investors were living much better lives than those holding down regular jobs and spending most of the money they made. These people seemed to always be chasing that next beautiful object for instant gratification.
The very first real estate deal Linda did, she had no money. Linda came across a house that she fell in love with. She and her husband asked for assistance from her husband’s family and they worked out a private loan that benefited both parties. A few years later, once they already owned one property, they were able to refinance with a home equity line of credit. They used that money to invest in another property. They were able to repeat this process a few times to increase their investments and their positive cash flow. Their second and third properties were both multi-family homes, which was better for their cash flow.
In the beginning, Linda did the property management herself in order to keep costs down. However, now she hires professionals and has luckily never had issues with tenants not paying rent. At the height of her real estate career she had six four-unit properties, a single family home and a vacation home. After Linda and her husband began to grow their portfolio, they created a cooperation to protect their personal assets.
Linda has been licensed as a real estate agent for 14 years. She began helping other people find properties in 2005 by referring them to her network of brokers and property managers. She received referrals fees from the brokers. Linda started putting on events and put together a magazine. It started out as a hobby but it is now her passion and of course, a business.
When you open your mind to the type of residual income there is in the universe, there is no limit.
Turn-Key Real Estate is a great option for people just starting out in real estate. Linda is lucky to deal with one of the most popular and wonderful turn key providers in the country. These providers will buy a property at a discounted rate, many of which are in distressed situations where the owners can’t make payments or maybe a tenant passed away, etc. They will rehab the property, make it functioning and livable, which brings up the value of the neighborhood. After the asset is rented and the property is performing, they will get an investor to purchase the property. This is called a turn-key property. A lot of these properties are in smaller markets all across the country, so you can get started in real estate for much less than you would in New York or Los Angeles.
The more Linda studied successful entrepreneurs and the real people with money in this country, she saw that wealthy people have diversified portfolios. They purposefully do not put all their eggs in one basket. They balance their money as well as their risk. This is what opened Linda's mind to investing in the stock market as well.
Linda believes it is so important to have the right mindset. Getting to this point in her life has not been easy and she works long hours and puts a lot of effort into what she does. However, everything that is worthwhile is worth pursuing. You need to have faith in who you are and in your talents. Why is it that you want to be successful? The “why” is very important, and love is a great motivating force.
For more information on investing in real estate, visit Linda Pliagas' websites Realty411guide.com and Realty411expo.com.
The wealthiest people in the world have a diversified portfolio. Covered Call writing can bring you guaranteed income from the stock market. This income can help get you the down payment for your first property. To change your financial future today, visit TheWealthyInvestor.net.
Jessie Shaw grew up in Pueblo, Colorado. Her father was a jazztrombone player and also played classically with the orchestra inthe city. Her mom was a homemaker. The arts were encouraged in herhousehold and both she and her sister studied music in college.Jessie attended graduate school at the University of Iowa, then amusic conservatory in Brussels, Belgium before moving to New YorkCity. She has an undergraduate in music education, an MBA from NYUin statistics and marketing, and a Masters of Oriental Medicine.She currently practices acupuncture and Chinese medicine one day aweek and the rest of the week runs the research department for alarge business publication. This job requires a lot of quantitativestudies, and as she puts it, Jessie loves numbers. She is that rareartistic soul that views numbers just like art.
Jessie became interested in the stock market and studied a bitbefore she stumbled across The Wealthy Investor program. She readbooks like “Stock Investing for Dummies” and still couldn’t makesense of it. It had always been a longing for her to understand itin a deeper way. When she heard about Tyrone’s class she knew itwould be perfect.
Trading and investing in the market is an art to Jessie becauseshe feels that she is always trying to understand the essence ofthe market. It has always been rather allusive to her. Now that shehas been studying the market with Tyrone for a year, she findsherself to be working with it on two levels. First she is followingstocks and estimating where they might go next and second she isattempting to understand and have facility with the strategies fortrading the stocks.
The first time the stock market went down after she had startedstudying with Tyrone, she felt like she was in new water with whichshe was not comfortable. However, with Tyrone’s teachings onshifting your mindset, she learned to lean into the strategy.Jessie found a fluidity in her ability to trade so that no matterwhat the market was doing she could find a level of comfort andride it through.
Jessie likes working with DOW stocks specifically because it’snice to know that they have been around for the long-term and aregoing to continue to rise. And if something drastic is going tohappen, there will probably be some foreshadowing to it. Luckily,tracking the news in the business world is part of her job, sotracking the earnings of the companies she has invested in has comeeasily to her. It’s very interesting for her to notice thepatterns.
Of all the strategies so far, Jessie’s favorite is writingcovered calls on stocks that pay nice dividends because its suchguaranteed income. She also appreciates selling in-the-moneycovered calls as a form of downside protection. So far, volatilitytrading has seemed to be the hardest for her, though she had a goodrun with Restoration Hardware stock lately. Her goal within thenext 24 - 36 months is to become really sharp at options trading sothat she can make bigger options purchases in the future, and enjoybigger rewards.
Between her full time job and her creative endeavors, Jessie isable to fit in time to plan her trades on the weekends. She looksat each stock she owns and calculates the cost basis and figuresout what her strategy for the next week is going to be. That wayduring the week she is simply executing trades.
Having this new sense of financial control, Jessie feels moreempowered as a person. There are places that she would like to takeher life and a way she would like to organize her life so that shecan pursue her creative interests with a greater amount oftime.
Jessie says that with anything complicated, it’s better to biteit off in small chews. Do it in small chunks and anyone can getthere if you are very slow and very patient.
Her parting words of advise are “It’s a lost opportunity if youdon’t look into it. It’s a way of not drinking the societal KoolAid of the idea that we can’t do this on our own and someone who isa “specialist” is the only one who can handle this for us. It’s away of taking control over your finances. Go slow and understandthat you just need to focus a little bit. It’s really not all thatdaunting. It’s just math.”
As Tyrone Jackson always says, if you completed the fourthgrade, you can handle this math. So do yourself a favor and applythat fourth grade education and learn how to invest in the stockmarket. Visit The WealthyInvestor.net and download your free copy ofTrading Stocks for Wealth to begin your journey today.
Back by popular demand, Tyrone Jackson breaks down the language and concepts of the stock market.
Money Flow
Money flow refers to where the big money is. By “big money” Tyrone is referring to insurance companies, big banks, hedge funds, college endowments, who have hundreds of millions of dollars invested in the stock market. While the average individual investor buys about ten to one hundred shares of a certain stock, the big money institutions purchases ten to twenty million shares of that same stock.
Penny Stocks
A penny stock is a stock that costs under $5 per share. The typical thought is, “If I get a thousand shares of the stock at $2, when it goes to $4 I’ll make a lot of money.” The problem with penny stocks is there is not a lot of money flow from the big institutions to these stocks. They are very vulnerable to corruption and the possibility for manipulation is too strong.
Stocks that are above $50 per share tend to attract banks and insurance companies. If you have less than $5,000 to get started invested, you should put your money in the companies that have the highest probably of attracting big investors. We need the big money to push the stock price higher. The purchase of 20 million shares by a big institution can push the price of a stock up.
Our job is to pick stocks that we like and that Wall Street also likes.
Risk
If you are in a penny stock you are in a higher risk category because we don’t know anything about the company and its earnings. If you are invested in a stock like Disney, whose revenues come from hotels, resorts, theme parks (real estate), broadcasting, feature films and merchandising, you are in a lower risk stock. Wall Street is wildly attracted to Disney stock and its price will continue to rise. DOW Jones stocks are generally lower risk.
Allocation
Allocation refers to your money as if it were a pizza pie. What will we do with each slice? For The Wealthy Investor students, most of the slices are allocated to DOW stocks because they are lower risk. This stacks the deck in our favor in terms of long-term investments and risk management.
If we wanted to add a little risk for potential reward, we can allocate some of those slices to stocks in the S&P 500 index. For example, Starbucks is not in the DOW but it is in the S&P 500. Wall Street still really likes Starbucks and the stock is great for selling covered calls.
The advantage of being connected to The Wealthy Investor program is finding out what stocks money is flowing to, getting a financial education, and learning how to manage risk and allocation all at the same time.
Join The Wealthy Investor Community today HERE.
Carrie Keranen is a successful working actress in the Los Angeles area. She grew up in Oak Park, Michigan, studied international business and Japanese at the University of Michigan, backpacked around Europe after college and then bought a one-way ticket to New York City. Despite her studies, Carrie couldn’t keep away from acting. Her career starts with voice over work, then flowed into theater, and eventually television and film. Carrie moved to Los Angeles after checking off the list of the things she wanted to accomplish in New York.
When you are a working actor you have paychecks coming in from many different jobs and it forces you to have a more intimate relationship with your finances. You have to track your payments and keep your W-2’s and 1099’s organized. Sometimes you are up and sometimes you are down so you have to learn to live in the middle. When Carrie found herself in an up period she realized the worst thing she could do was just live off it and watch it go away. There had to be a way to make that money work for her to give her some semblance of control. She finally followed a friend into the Wealthy Investor Program with Tyrone Jackson.
When she first began, Carrie was terrified. But by the end of her first Wealthy Investor class, Carrie felt she understood the basic concepts. This gave her the feeling that she could eventually figure this out.
After Carrie’s first trade, she did not have that “good” feeling. She realized that this meant she needed to check in with her negative feelings about money flowing towards her. In a way, she says that her entire first year has been about the internal journey.
Now, Carrie loves covered calls because they reduce risk. You can guarantee you will have a return on your money every month. The hardest thing for Carrie to wrap her head around was that she could really take the money she was making trading! What has been amazing for her, is actually understanding the concepts well enough to decide for herself whether to trade an In the Money or an Out of the Money covered call. Although, she feels Out of the Money calls are sexier than the safe “grandma” In the Money calls.
Carrie doesn’t consider herself a business person. It makes sense for her to trade companies that she understands, such as Disney (DIS) and Visa (V). Plus, having the community there for her to discuss the concepts as she is learning them is extremely helpful. She also thinks it is important to see what’s possible. Seeing where other people started and where they are now opens up her own realm of possibilities. Now, almost a year after her first class, Carrie achieved her goal of paying her rent with money from the stock market.
During Carrie’s first class she was very tense and nervous. But then she said to herself, “Yes or no? This is either something you want to learn or it’s not something you want to learn. And if it’s something you want to learn - Learn it NOW.”
Carrie realized early on, “This program is not about ‘I’m going to be a millionaire next week.’ This is about how to have continuous, sustainable, predictable wealth every month, out of every year, for the rest of my life and it’s starts where I’m at right now and grows from here. And if I just keep pushing that line back next year, or next year, or next year, then it just means that I’m getting that started next year, or next year, or next year.’
Her advice to you is “Just take the next step. Don’t worry about everything and the whole big picture, just take the next step. Take it day by day. Just do what you can right now. You don’t think it’s going to make a different but it is going to make such a difference. You can’t even conceive of the ways that this is going to open up your mind, your heart, your spirit, your understanding, when you are on the fear side of it. The moment you take that first step, all those doors are going to start to open and it’s such a beautiful thing. Please, please, please do this for yourself.”
So take that step now and download Tyrone Jackson’s free E-Book Trading Stocks for Wealth at TheWealthyInvestor.net.
Ka Pang is probably one of Tyrone Jackson’s most curious students. He is a successful graphic designer turned stock market trader.
Born in Hong Kong, Ka came to the United States when he was ten years old. His parents were in the restaurant business and didn’t know much about the stock market. Ka enjoyed working and started to save money. Eventually he graduated to the thought: what do you with that money, other than spend it?
When it came to the stock market, Ka lacked a good system; everything was trial and error at first. When he joined The Wealthy Investor Program he learned a disciplined system, which he says simplified and slowed down the game for him. That discipline consists of how you allocate your portfolio, how many options to purchase, knowing to always going back to the covered call, and having x number of strategies to employ when the stock market changes. Even just learning to always choose a stock that is in an upward trend, has 4 quarters of top line revenue growth, and pays a dividend changed the game for Ka.
When Ka entered Tyrone’s Wealthy Investor Program there was a period of just trying to understand everything, almost like learning a new language. He took it one step at a time. Once he understood all the trades and tools in his arsenal, the ah-ha moment was realizing that there is a time and place for each strategy. Once you learn it you want to run out and do it, but the key is learning timing and how to react to the market.
Ka has made it all the way through to Tyrone’s Mentor Program, the most advanced level. A lot of people who like to trade options choose to trade shorter-dated options. However, Tyrone teaches his students to trade the longer-dated options, called the Long-term Equity Anticipation Securities, or LEAPS. Ka likes the leverage of these trades, that they are cheaper to get into, and that you can make a lot of money for a small movement in the stock price. You also never know what the market is going to do, so by having a longer-dated trade you have more options as to what you can do in response to the market.
Ka’s number one rule is to not lose the money he already has, which makes him a more conservative trader. He will never abandon covered calls because he equates them to owning rental property - it’s like renting out the stock you already own for guaranteed income. Its easy money that he can then use as leverage to purchase LEAPS, which is his favorite trade in a bull market.
As long as Ka is bringing in the money to cover his expenses, he can basically consider himself ready to retire. He can picture making up to $15,000 per month just from trading within the next three years.
Ka’s advice to beginners is that there’s a certain level of risk, but if you don’t start somewhere, get a mentor, and get the education that you need to at least get exposed to it; you’re never going to go anywhere. People are always complaining about their life but they don’t want change, which is counterintuitive. It’s all in the art of the start.
So master that art and get started right now at TheWealthyInvestor.net! If you are ready to follow monthly trades and get in the game, check out WITradeSchool.com.
Anytime you put money in the stock market, you are putting it at risk. Tyrone Jackson, The Wealthy Investor, explains that we do this because we can get a higher rater return on our money than if we were to just leave our money in a savings account at 1%. Some stocks are riskier than others to own because their company’s don’t have a great track record of earnings.
Tyrone's student Crystal Williams joins the show today. She is not only a stock market trader, but also works in the insurance business, so she truly understands how to manage risk.
Crystal grew up in the Palm Springs area and graduated from The University of Redlands. In 2002 she got a job as an admin assistant for a company in the insurance risk business. She worked closely with her boss who taught her how to underwrite. Eventually, she was able to grow within the company and purchase the prescription drug block of the business.
After relocating to Long Beach, she found Tyrone Jackson's class through MeetUp.com. Crystal had read some literature about the stock market and was already interested. When she found Tyrone’s program, the covered call strategy alone opened her eyes.
Crystal's first big ah-ha moment was about a year ago, when she really started to understand the call spreads. It kept her really involved in all the trades she had planned out. She was consistent and believed in the stock that she was trading. Crystal believes what is important is having a strategy and having a plan. Know the stocks you are trading in and stick with them. There’s so many shiny objects that get thrown at us, it is easy to fall of your discipline, but that’s not how you’ll make money.
If you are constantly trading, you are not really building wealth. Building positions in stocks has been the most profitable for Crystal. She can really look back over the year and see the growth. As Tyrone explains, you do have to pay taxes on trades but not when you are holding a stock because you are simply asset building.
Having not been an expert in math, Crystal feels that just being involved in numbers has helped her. To succeed in the stock market, it’s about spending the time, evaluating the numbers, tying it all together and understanding the story. Crystal thinks knowing excel also helps because you can create some pretty neat stock spreadsheets to help you plan.
Crystal likes DOW stocks that are less risk for covered calls and building positions, but she does like to allocate a small portion to growth stocks that have the potential to grow faster than the DOW stocks. She allocates 10% or less of her portfolio to these riskier stock to give her a little excitement.
Finally, Crystal says there's nothing to be afraid of, especially when you are trading or investing in DOW stocks. The stock market may have a down day, but seeing her stock drop in the news doesn't bother her anymore.
Manage risk, grow your money, and find financial freedom just like Crystal at TheWealthyInvestor.net.
In the 30's, 40's and 50's, there was no internet. The majority of people didn't even own televisions. This meant that only the very wealthy had access to the stock market and to people who could get them in and out of stocks. Because of the limited information, even those who had access mostly stayed with the names and companies with which they were familiar. The main exceptions were people who actually worked on Wall Street.
In the 1990's the technological revolution began. Internet connection became dominant and leveled the playing field of the stock market. Now everyone has access to Wall Street. Tyrone's favorite website for researching the stock market is yahoo.com/finance. He uses this research tool to look at a company's profile, 5 year chart, top-line revenue, major shareholders and more, all before logging into his brokerage account to actually execute his trades.
Yahoo is great for research but it does not give you strategies, trades, and ideas for actually making money in the market. It also does not explain the language and vocabulary of the stock market, which can make beginners feel intimidated.
Tyrone breaks down stock market terms so that you can speak the money language with fluidity:
Bull Market: refers to the rising of most stocks, the general forward movement of the stock market
Bear Market: refers to the general decline of the stock market
Index: a listing of certain stocks, generally used a measurement of the value of a section of the stock market to determine the overall market's current strength
Examples:
Dow Jones Industrial Average – The top 30 stocks in the US stock market
Standard and Poor’s 500 (S&P 500)- The top 500 stocks in the US stock market
Divergence: happens when the DOW Jones is up but the S&P 500 is down, or vice versa
Allocation: the way an investor divides his/her money into different portfolios and stocks for different purposes
Building a Position: Purchasing shares of a Dow or growth stock and buying more shares when the stock price increases in small increments
Float: The amount of shares in the public domain to be traded on a daily basis
Dividend: As a shareholder, your share of a company's profits distributed generally on a quarterly basis
To continue your financial education, visit WITradeSchool.com!
Tyrone Jackson feels that podcasting is a wonderful way of getting his message out to the world. This is a form of service - of helping the general public.
He only asks that if he helps you, that you in turn, help others. When you start making large sums of money you may find that you can help others; your church, your community, or a charity that you like.
Normally Tyrone is interviewing other people, so he doesn't often tell his story. However, he recently appeared as a guest on radio personality Debra Mark's show. She interviewed Tyrone on how he got started and why his approach to teaching the stock market works.
Tyrone Jackson was raised in Staten Island by a single mother in federally subsidized housing. He remembers there never being any money unless it was time for the income tax return. Tyrone took on his mother's money beliefs that life was going to be hard, making money would be a struggle, and that the only way to make more money was to get a job that paid overtime. But Tyrone had a barrel full of dreams and a curiosity about money and how people got wealthy. There was an inner conflict inside him.
Neighbors and people around Tyrone were moving forward with their lives, moving out of the apartments and into houses. He was curious how that happened. It wasn't until years later that Tyrone realized how powerful your thoughts are. Today he calls that your "millionaire mindset." No matter how much money you earn right now, if you can learn how to think and prioritize like a really rich person, you can become a really rich person.
Tyrone worked on television for years, and in television you are always wondering when your next gig will be. He learned he needed to put some of his paychecks away somewhere so he would always be okay between gigs. Later he learned the best place to put his money was the stock market. He learned he could open a brokerage account for only $500 and if he kept putting money in every month, then that money would grow. First he would add $50 per week, then $100 per week, then $1000 per month, and that's how he started to build his account.
Tyrone never thought of himself as a "struggling" actor. He was just on his way to the next gig and setting goals for the next phase of his life. As Debra Mark points out, he has always been a "glass half full" type of guy.
Years later, Tyrone teaches his stock market approach to people across the country. The Wealthy Investor approach is quite simple. In fact that is Tyrone's strength as a teacher - putting complex ideas about the the stock market into simple terms.
People are attracted to The Wealthy Investor because you can make lot of money, it's simple, and there's one core trade that gets people hooked. That trade is covered call writing: if you have 100 shares of a stock priced at $39, you can sell an option to someone else to buy those shares away from you when the stock hits $40. You make money for selling that right to buy, or option. For 100 shares, you would take in $100 guaranteed profit.
People are afraid because we have been conditioned to think that money is a service, that we should be paying someone else to take care of it for us. We believe that the people who handle money are much smarter than we are, but in reality they are not, they are simply doing their jobs. You can save money on the service fees if you learn how to handle your money yourself.
It is our belief about money, not our education, that determines how much money you make in this life. Tyrone teaches positive beliefs through story telling. However, he doesn't want to have to convince people. The message falls on the people who were meant to hear it.
Tyrone's advice for people who are ready to make changes is to stop hanging out with broke people. Birds of a feather stick together. We have a tendency to huddle together with people who are like us in our thinking and that is going to affect your money.
His other piece of advice is this: If all your dreams were to come true, write down what kind of house you would have, what kind of car you would buy, where you would like to live, what your perfect day looks like etc. We call this visualization. Your brain starts to focus on the things that are written down and the things you think about the most.
You are involved in the active process of creating your life every single day whether you realize it or not. You have appointments, things you focus on, to-do lists, and if wealth and financial freedom are not on that list, you will start to focus on the reality that you see around you every day as opposed to the reality that you want.
So focus on the reality you want, upgrade your friends, and remember to help others along the way.
To get the help YOU need, visit WITradeSchool.com.