Sunday, August 3, 2008

Wealth Mastery Notes 7

Chuck Mellon

There is no correlation between intelligence and wealth


Mellon Breakout

www.channellingstocks.com

Options
We will never buy an option for the purpose of exercising it
Options give us leverage we control a large purchase with a small purchase
Write a put to buy a stock
Instead of just buying the stock, buy the option

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