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Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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@coveredcalls
This video investigates the popular "passive income" strategy promoted by Mark Yegge, who claims to make $50,000 a year without a job. We're asking the critical question: Is his covered call method a real path to wealth, or is it a trap that underperforms the market?
In my opinion, selling covered calls is a flawed strategy that is virtually guaranteed to make you less money over the long term. In this deep dive, I'll present data comparing the Covered Call Index (BXM) to the S&P 500, which suggests this strategy can underperform by as much as 6% annually. We'll analyze Mark's claims and break down why simply buying and holding stock is often the superior approach.
If this analysis saves you from a costly mistake, please like the video and subscribe for more honest financial reviews.
#passiveincome #coveredcalls #investing #markyegge
373 episodes
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