Home | Log in | Join Now! | Blog | Contact    Subscribe to the InvestEd Blog via RSS
InvestEd :: Wealth Education for Australian Investors


Welcome to InvestEd.

You are currently viewing our site as a guest which gives you limited access to view most discussions, articles and other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload your own photos and access many other special features. Registration is fast, simple and absolutely free so please:


If you have any problems with the registration process or your account login, please contact support.

View Single Post
Old 14-12-2007, 12:04 PM   #2 (permalink)
The Stig
Member
 
Posts: 190
Join Date: Dec 2007
Location: Central Coast NSW
I presume you have money to invest already.

So why not write options on cheap stocks like Telstra and Lihir Gold?

And just keep adding to your account every week.

Other than that, you are 100% right. Options are meant to be sold

I am doing basically the same thing in the USA. I am using ETFs though to eliminate the risks associated with trading a company's stock.

Cheers
The Stig
The Stig is offline   Reply With Quote
 

All times are GMT +10. The time now is 05:30 AM.

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.

Some graphics originally by vBStyles.com

Copyright © 2006 Investor Education Pty Ltd (ACN 114 677 226)
Site by Hampel Group