The
stock market is behaving in a way that makes many of us uncomfortable.
To add to that, the overwhelming prevalence of attention grabbing
headlines leaves many of us either ready to just stop trying or paralyzed
into inactivity.
When
things appear scary, positive action to focus on something with
substance and value helps to remove the feeling of being powerless.
Investing
in the stock market involves risk. It’s better to think about
that and address it than be scared of it.
That
is why I am very interested in reading Mark Wolfingers posts on trading
options in the Know Your Options column on our homepage. Mark
is very carefully providing an introduction to trading options and using conservative
options trading strategies to help manage the risk in our portfolios.
I feel a lot better on Mondays/Wednesdays and Fridays when I spend some time reading
Marks posts and thinking about what I can do with the information than I do
reading the headlines about BP and feeling helpless.
You
can find a link to the posts he has made so far here:
http://www.bivio.com/know_your_options/mail
If
any of you are using these strategies in your portfolios, it would be great
if you can share your experiences. If you are using
them in your club, I’m sure there are others of us who’d
like to hear how you got started. What was your first
transaction? How did you determine what to try?
Thanks in advance for sharing your experiences.
Laurie Frederiksen
www.bivio.com
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