Call the put and put the call.

by Bill Parrott on

The stock market is being less than kind to investors this calendar year.  

What do you do today if you are anxious about a further erosion of your capital?   One idea is to use the option market to help protect your investments.  

You can employ four strategies that will help you reduce risk,...

A Day in the Life of a Market Correction.

by Bill Parrott on

The global stock markets continue to swoon.  Each morning I wake up and check to see what the stock market has in store for the day.  I look at my phone (AAPL, T) to view the latest news.   I turn on my TV (SNE, TWX) to watch CNBC (CMCSA).  While I watch CNBC (CMCSA) I scan my personal and work...

Matt Damon, The Martian and You!

by Bill Parrott on

The Martian movie starring Matt Damon is about his being stranded on the Red Planet after a violent storm.   Matt Damon’s character must use a number of tactics to survive and regain contact with his crew back on Earth. 

After much thought you accommodate Mr. Damon to Mars.  For the purpose of this...

Do you remember March 24, 1980?

by Bill Parrott on

Do you remember March 24, 1980?  I don’t.  I was 15.  I was probably concerned with three things.   Was I going to the beach?  Were the Dodger’s going to win?  Where were my friends and I going to eat lunch?   I probably went to the beach, the Dodger’s undoubtedly won and I most likely went to...

Planes, Trains and Indices.

by Bill Parrott on

Planes, Trains and Automobiles is a great movie starring Steve Martin and John Candy.   This 1987 comedy was all about Steve Martin’s character trying to get home for Thanksgiving.    He and his new BFF, John Candy, were using all means necessary to get home for the holidays.   Steve Martin’s...

Your 2016 Guide to Health and Wealth.

by Bill Parrott on

As we propel into the New Year you will be inundated with numerous articles about how to improve your health and wealth in 2016 so I wanted to join the crowd and offer you my list.

  1. Eat well.
  2. Work out.
  3. Read.
  4. Listen.
  5. Laugh.
  6. Save.
  7. Pray.

Anything beyond this list will derail you from your health and...

$2 to Show on Number 4.

by Bill Parrott on

My high school was located across the street from the Santa Anita Race Track in Arcadia.  On occasion my friends and I would go to the 9th race after school.  The 9th race was the last race of the day and it was always free.   The minimum bet was $2.  After no analysis, we would place our $2 bets on...

My fee will be less than $2,000,000.

by Bill Parrott on

In the mid-90’s I received a call from a client asking me how I would invest a lot of money.   I asked him how much money.   He was reluctant to give me an answer at first because of the large sum of money.  He had to eventually tell me the amount so that I could give him my advice.  The money he...

In a low yield, no interest rate world investors are always on the hunt for ways to generate more income.    The yield hunter should look beyond traditional income investments and the low rates they offer.   In this environment it is recommended to explore all of your options.

The options market is...

Financial Planning is great until….

by Bill Parrott on

Financial Planning is great until life gets in the way and then you got to do what you got to do.   I am a big fan of financial planning.   Financial planning is what I do for my day job.   A financial plan can help individuals organize their financial life and potentially put them on a path of...

To give or not to give…

by Bill Parrott on

To give or not to give, that is the question.     You may be struggling with the mass of year end giving requests.  The holiday season can be overwhelming for both givers and non-givers alike.  It is especially hard for non-givers who do not have a charitable or philanthropic plan.  With a...

What will the stock market do today?

by Bill Parrott on

Paul would call me every Monday morning and ask me what the stock market was going to do for the week.   He wanted to know if he should make any changes to his account as a result of what might happen.   Of course, I had no idea what the stock market was going to during the course of the day or the...