We had a very insightful talk with Kyle, a mid-20s millennial, who gets the "how to think" aspect; he is employing the 95% how to think across many facets of life, not simply trading & investing, and the results are amazing him.
We talk about the dynamics of Multi Level Marketing, MLM; we speak about the benefits and the pitfalls to a network-marketing business, while providing some items to keep in mind should you be looking at an MLM opportunity.
In this interview, we hear from Kyle; a recent college grad, about his experience with the ProfitsOnWallStreet course materials.
We talk about the difference between financial freedom, time freedom, and retirement. If it is a new career you seek, this is when you do it as you now have the freedom & time to do so. Passive income, dividends, trading, stock invest ...any of them can get you to financial freedom, but not all of them can get you to time freedom.
We explain the concept of puts and short sell stock in order to profit during down moves in the market. We delve into the psychology of what you will likely go through when doing this type of trade.
We explain the concept of covered calls (trading a call when you own the underlying stock) and then delve into the psychology of what you will likely go through when doing this type of trade. This leads us into a much longer discussion about how to think, in order to achieve the goal of, not just financial freedom, but time freedom.