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Mark Yegge's "$50k/Year" Secret (Is it a TRAP?)

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Manage episode 520199647 series 2491403
Content provided by David Jaffee. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Jaffee or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

@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

  continue reading

376 episodes

Artwork
iconShare
 
Manage episode 520199647 series 2491403
Content provided by David Jaffee. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Jaffee or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

@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

  continue reading

376 episodes

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