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Money Talk with Rashad: A "Six Figure" Fantasy? (You Decide)
Manage episode 520341629 series 2491403
@moneytalkrashad
This video investigates the "$5,000 a month" wheel strategy promoted by Money Talk with Rashad. Is this a realistic path to a six-figure income, or a suboptimal strategy designed to sell you a dream?
In my opinion, the wheel strategy and selling covered calls are almost guaranteed to underperform the market. In this analysis, we'll look at Rashad's claims and compare them to hard data, which suggests that this popular method can underperform a simple buy-and-hold strategy by as much as 6% annually, all while requiring significantly more work.
If this honest review helps you make a better investment decision, please like the video and subscribe for more deep dives.
#wheelstrategy #optionstrading #investing
377 episodes
Manage episode 520341629 series 2491403
@moneytalkrashad
This video investigates the "$5,000 a month" wheel strategy promoted by Money Talk with Rashad. Is this a realistic path to a six-figure income, or a suboptimal strategy designed to sell you a dream?
In my opinion, the wheel strategy and selling covered calls are almost guaranteed to underperform the market. In this analysis, we'll look at Rashad's claims and compare them to hard data, which suggests that this popular method can underperform a simple buy-and-hold strategy by as much as 6% annually, all while requiring significantly more work.
If this honest review helps you make a better investment decision, please like the video and subscribe for more deep dives.
#wheelstrategy #optionstrading #investing
377 episodes
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