Cheapo Groovo

Make Money Investing in Sports

I haven't pushed this idea on my blog because it does take more time than my other income streams. But you have a better chance at this than playing slots/poker at a casino!

2013 Investment Strategy

Sell long-dated out of the money puts on PFF, REM, PSEC, and JNK. Collect the premium today. If  these get put to me later, they all have hefty yields! 

I'm also buying EFT and PBP on any dips. These securities do not have undelying options, but provide income.

My cap gain picks for the new year are JO and SGG. Love the ag plays as China eats 3 meals a day, up from 2 meals a day!

Hefty Dividends 4 Those Who Followed My Seminar Advice!

The True Ecosystem ~ Amazon.com

All day CNBC talks about the Google and Apple ecosystems.

Let's look at a true ecosystem ===>>> AMAZON

Work -  using Amazon Mechanical Turk and Swagucks, you can earn cash and gift cards. You can also join the web's most popular affiliate program.

Spend - using your earnings from above, Amazon has books, music CDs, DVDs, software, consumer electronics, kitchen items, tools, lawn and garden items, toys & games, baby products, apparel, sporting goods, gourmet food, jewelry, watches, health and personal-care items, beauty products, musical instruments, clothing, industrial & scientific supplies, and groceries.

Entertain - a cheap Amazon Kindle an Amazon Prime account gets you access to thousands of digital media.

Cloud - your photos, videos, and docs are securely stored and always close at hand with Amazon Cloud Drive. Save your photos to the Cloud and view them from your computer, Android phone or Kindle Fire.

Invest - just be sure you buy on dips and sell on rips. Look at a one year chart below.

High Frequency Trading Documentary

Give Your Portfolio A Java Jolt

I just sold some puts on ticker symbol JO. It's a coffee ETN. The risk reward looks pretty good right now.

Here is what one analyst said Friday: What I am more concerned about is the developing dryness over Minas Gerias that may be affecting the budding of some trees. After a major 50% sell off in coffee prices the last year or so, we are getting to the point that coffee prices may begin to rally if timely rains do not fall soon. This market may be oversold.

Rigged Financial Markets

I covered this topic before here  here here and here. But is is always a good idea to remind blog readers that the global elite control everything and a true free market exists in concept only.

• Germany’s stocks market is up about 30 percent year-to-date.  Germany’s GDP is expected to grow less than one-percent this year!
• Back in September 2012 the SEC charged the NYSE with a violation of prop feeds to proprietary customers before it went to the public.  In other words, they were giving data to the big boys before the public was getting it.
• Knight Capital Group lost $440 million when it sold all the stocks it accidentally bought because a computer glitch.Now they are up for sale!
• The SEC wants high frequency traders.
• Companies simply increase their market share and stock prices around patent litigation. The outcome of which is completely unpredictible for stock investors.

400 shares paid me a $162 dividend!

Want to see all my high dividend plays? Just click the Buy Now buttom at the top left.

Hidden IRA Rules Limit Investment Choices

 Mainstream media continues to state that traditional IRAs are tax deferred until retirement. Well, that depends. If your IRA owns mortgage-leveraged real estate, you owe UBIT.  If your IRA or 401(k) owns an active business structured as a pass through entity (such as an LLC or partnership), you owe UBIT.  UBIT, or Unrelated Business Income Tax, applies to tax exempt organizations including retirement plans. To pay UBIT, Form 990-T must be filed with the IRS.

 Gold is a very popular investment these days. Is it possibble to own collectibles such as art, coins, and  physical gold inside an IRA? No. When an IRA purchases a collectible, the amount used to make the purchase is treated as distribution to the owner. It is included in the owner's gross income, and if the owner is under age 59½ and does not qualify for one of the exceptions, a 10% early distribution penalty is imposed on top of the income taxes.

$76 from a few clicks

My high dividend ETFs and my option selling continue to generate income!