Your Daily Bit of Wall Street Wit & Wisdom

David and Emily from David Copperfield

David and Emily from David Copperfield – Art by Frank Reynolds, h/t Wikimedia Commons

“Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness.  Annual income twenty pounds, annual expenditure twenty ought and six, result misery.”
— Charles Dickens, David Copperfield

Yep.

Options can often be inexpensive.  But before you trade, be sure you have the financial tolerance for risk required to participate.

You should only speculate with risk capital.  That’s money you can afford to lose without changing your lifestyle.  Do not trade with money you need to live.

Speculate based on what you can lose, not what you can gain.

You may then vie for fun and profit using the service of Options Hotline and the tools of sensible speculation, exchange-traded put and call options.

Wishing you and the San Diego LA Chargers good luck and a Sunday Funday!

Best regards,

Steve

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