A Major Milestone Is Fast Approaching for Doc Eifrig
A major milestone is fast approaching for Doc Eifrig... Most folks will stop reading today's Digest... A 'magic' story... The critical, often-overlooked key to learning... Give this strategy a fair shake... Going on an adventure in New York...
Editor's note: Today, we're turning the Digest over to Dr. David "Doc" Eifrig...
Regular readers know you won't find many folks with as much life experience as Doc. He spent a decade working at some of Wall Street's biggest banks before becoming a board-eligible eye surgeon. He also has his pilot's license and makes his own wine.
Over the next three days, Doc will share all the details about one of his many passions...
It's something he has helped thousands of Stansberry Research subscribers learn in the past decade. And as you'll see, he believes it could take your investing to the next level...
In April, I (Doc Eifrig) will hit a major milestone...
Nearly 10 years ago, in April 2010, I started Retirement Trader – a trading advisory service that was unlike any other in the financial-publishing industry.
Rather than chasing the latest "hot" stocks, we use steady, blue-chip names that allow you to sleep well at night. At the same time, we use the strategies I learned in my decade on Wall Street to earn better returns and consistent income payments (even from stocks that don't pay dividends).
And now, we're about to hit the 10th anniversary of this service. You don't make it a decade in this business without making your subscribers happy... and most important, enriching them.
But there's a catch here...
Again, I've been doing this for 10 years. So I know what the vast majority of Digest readers will do next... They will stop reading after the next sentence.
That's because this strategy involves options.
But it's also why I insisted on taking over the Digest for the next few days... I believe this publication is the best way to reach an audience of hundreds of thousands of sophisticated, informed investors who stand to gain a lot from adding options to their investing toolbox.
Too many novice investors get introduced to options the wrong way...
Options are often billed as a way to leverage up and speculate. (In Retirement Trader, we do the opposite and use them to get conservative.) They often seem complicated. (We keep it simple.)
Most important, as I mentioned earlier, options can be used to generate a stream of income on steady, blue-chip stocks. (I'll go over a couple of examples in the coming days.)
We call it Retirement Trader, but you don't have to be retired to take advantage of the opportunities we identify in the service. You just have to want to earn current income today, without a lot of risk. That may not describe you, but I believe it describes most investors.
I love to tell the story about how I became a magician in my 20s...
You might have heard me share this before...
I didn't do tricks at birthday parties or set up shop along the Vegas Strip. Instead, I would stride into the offices of CEOs and CFOs in New York and Boston... and explain how they could achieve investment results they'd never envisioned before.
Did they want to lock in prices for the materials their businesses needed? We could do that.
Did they worry how rising interest rates or falling stock prices could affect their business? We could remove the risk.
Did they want to find ways to get stock market returns without buying any stocks or putting up less capital? We could deliver just that.
We did it with options. By using these powerful market tools, we could design a trade or a hedge no matter the market outlook. And they paid us crazy amounts of money to do it.
I thought we were playing the short game at the time. Once enough folks discovered how easy options were to use, the jig would certainly be up. Our techniques were too simple to keep secret. Soon, everyone would know about them and start using them.
Today, more than 25 years later... that still hasn't happened.
People just don't want to take time to learn how to use options to grow their wealth. Even the biggest corporations in the U.S. still pay millions of dollars to investment firms like Goldman Sachs (GS) and JPMorgan Chase (JPM) to have someone else put these strategies to work.
Learning and education aren't dirty words (and neither is options)...
Most people don't want to learn. I get it... Learning puts you face-to-face with something you don't know and makes you feel frustrated and inadequate.
We did it all the time as kids. But when we get to adulthood, we've got some sort of belief that we're supposed to already know everything. Not knowing something is seen as failure.
I can't imagine the opportunities – both financial and experiential – that get passed up by those folks who refuse to learn.
We see it in our financial-research business all the time... While we try to educate and explain in every issue, many readers just want a stock symbol they can go out and buy.
If you're in the select group of readers who actively pursue new knowledge... try to understand the markets... and have learned how to best manage your wealth... you deserve a pat on the back.
After all, there's a key to learning that's often overlooked... Learning is complementary and compounding.
Everything you learn throughout your life allows you to build on top of it...
For example, as kids, we learn basic math. That allows you to learn some economics in high school and college. Put those together and you're learning accounting. After that, you can start reading annual reports and learning about how businesses are succeeding and failing. And then, with enough experience doing that, you learn how to succeed as an investor.
Each new thing you learn along the way allows you to learn the next one. And each step you take gives you more valuable knowledge than the previous one.
That's why you owe it to yourself to learn how options work...
Think of all the time you've spent learning how to build your wealth...
Everything you learned to achieve what you have in your career... all the thought that has gone into spending wisely and saving as much as you can... and all the time you've spent learning how the world of finance works.
As a Stansberry Research reader, I know you've taken this part of your life seriously. I know you've put in the time to make your wealth work for you... and to let it do so as safely as possible.
With all you've done up to this point, you need to take a few minutes to learn how our options strategy works. The results speak for themselves...
It's hard to believe I've made it this far in today's Digest – about 1,000 words – without mentioning that Retirement Trader has booked a gain on 95% of its recommended positions throughout its history.
Over the past 10 years, we've recommended 492 different closed trades... and earned a profit on 468 of them. We currently have a run of 72 straight winners. And that's nothing compared with the 136 consecutive winning positions we closed over a three-year stretch in the beginning.
You cannot post that sort of win rate using stocks alone. If you hit a 70% win rate in stocks, you're a legend. Options can push your win rate higher. But that's not what is most important...
These positions can also create a steady stream of income. We collect money up front from selling options. It's ours to keep. And since our recommended trades last about two months, we can do that again and again.
In a single year, we can use the same capital to earn an income payment six times over.
Now, I'll admit... This strategy may not be for everyone.
But you shouldn't say it's not for you until you give it a fair shake. The financial returns you could realize from just an hour or two of exploration could be immense.
That brings me to something special I did last month...
I traveled to New York to sit down with a man I had never met before.
He recently retired as police chief in a small suburb of New York City... and he was interested in earning more income than just his public pension.
The chief doesn't know much about the stock market. He has never actively traded. His wife even manages his standard mutual fund-based retirement accounts.
But last month, we met at a beautiful lakefront property. I taught him how our powerful options strategy works. And I lined him up to earn nearly $1,000 within his first few minutes of trading.
You can find out who this police chief is, how we met, and how we pulled off such a profitable trade so quickly by watching a video of our entire adventure right here.
And you can also expect to hear more from me in tomorrow's Digest... I'd like to show you how our trading method not only generates safe income, but how it solves some of the biggest problems you've likely had in your search for good investment returns.
New 52-week highs (as of 12/6/19): Alibaba (BABA), Bausch Health (BHC), Bristol-Myers Squibb (BMY), Blackstone Mortgage Trust (BXMT), CBRE Group (CBRE), DocuSign (DOCU), Fidelity Select Medical Technology and Devices Portfolio (FSMEX), Alphabet (GOOGL), Hologic (HOLX), JPMorgan Chase (JPM), Medtronic (MDT), Invesco S&P 500 BuyWrite Fund (PBP), ALPS Medical Breakthroughs Fund (SBIO), TAL Education (TAL), ProShares Ultra Russell 2000 Fund (UWM), and ProShares Ultra Financials Fund (UYG).
Have you used Retirement Trader over the past decade? If so, how long have you been a subscriber? We'd love to hear about your results... Send us an e-mail at feedback@stansberryresearch.com.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig
Orlando, Florida
December 9, 2019
