Doubleyouryield.com is a website devoted to training investors how to significantly increase their portfolio yield while remaining a conservative, low-risk investor.
There are a number of strategies available for meeting this goal, including:
- investment selection criteria
- diversification
- timing
- utilization of option strategies.
The training program begins by teaching about option strategies, since that segment of investment strategy seems the least utilized by conservative investors. The method we use is to explain the goal of the strategy, how it is implemented, what the possible results will be, and to give a number of examples from real life.
In order to make the examples real, we allow the user to download a program designed to track and analyze option trades. We give the data on actual option trades that we do for ourselves, and the user enters these into his or her program, then follows the progress of the trades over time. By actually entering the data and watching it as it changes over time (with changes in the stock price) the user gains “hands-on” experience in option trading.
We start with some of the more basic option strategies, such as covered call writing, and slowly move into more complex strategies, such as butterfly spreads. We also explain what other internet sites are recommending, and how they can claim extraordinary results such as 200% returns per year. Through understanding other strategies the user is able to better analyze the many super investment claims made on the internet.
Our site is particularly useful for investors that have a significant portfolio, but would like to earn a greater yield than that which comes just from dividend or bond income, while retaining the underlying portfolio.
Once the user is trained and knowledgeable about option trading, we cover a few of the other investment strategies, and then suggest other web sites that provide option trading suggestions on a regular basis, for further, long term investment information.
Portfolio Monitor Basic Edition is free for all users, and does not require any registration. However, once you have downloaded the program, you can get additional information as a DoubleYourYield.com member. We offer three membership levels, and our Silver Membership is 100% free. Once Registered, you can login and get detailed intructions in our "Getting Started" section of the website. In addition, Mervyn Hecht provides you with some sample trades to test the software. [ Join now ]
