Sunday, June 5, 2011

Stategy discussion 1

In this video Anthony Robbins states that a strategy is a specific way to organize resources in order to get a specific result consistently.
One strategy that consistently works for me is to buy stocks with dividends. I buy ARR and it pays me every month on or around the 30th day of the month. While MSFT pays once per quarter.
I am currently learning how to use the covered call strategy in my virtual account. I know that dividends work as a strategy. However, I am not sure about covered calls. This is why I will start testing it in a virtual account tomorrow.