Monthly Archives: October 2012

Covered Call Strategy in my Traditional IRA Update

Earlier this year I decided to finally man up and put some money into an idea I have had for a while.  The basic idea is to purchase short term covered calls on near the money stocks that are inexpensive in terms of whole dollars so I can buy multiple contracts (an option contract isContinue Reading

Why Do People Care About the New Health Care Surtax?

You literally can’t open a financial website or check out a financial magazine without hearing about the New Health Care Surtax and I don’t know why  It isn’t that a new tax of this magnitude isn’t important it is that just the majority of the people, call it 95%ish, will never encounter the new taxContinue Reading

October 2012 Net Worth Update as well as a Home Sale and Purchase Update

Every month since the beginning of 2011 I have shared how my net worth has changed in terms of month over month, year to date and since Jan 2011. I share just the change not the whole numbers.  I am well aware of the negatives associated with this method, but it is the only wayContinue Reading