Options Trading in Your 70s: Avoiding the Stock Market At All Costs: 258 (Great Investing)
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If you have limited resources, protecting capital is your number one concern. However, you can’t beat inflation unless you take some risk.
Options trading can play a significant role in your cash flow. However, you’ll get the highest rate of return on adjusting your living situation.
Decide how much you want to earn from options, and create a portfolio large enough to handle this amount. The more capital you have, the less risk you must take to generate your desired total.
Options can be your answer to beating inflation, but you must take the proper precautions. Good Luck!.
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