As i was looking for additional sources of income i come across an interesting article on e-Zine articles talking about stock options trading. I am not an investor yet but am seriously considering trading as a secondary source of income. Then i come across this article. Am putting this article on my Grow Pinoy Blog because this can be a very potential area where we can grow our wealth source wisdom. Please write me your honest comment on this financial instrument. Enjoy reading this article.
Having a Secondary Income is No Longer a Choice
By Andy Poon
Due to the higher standard of living today, a secondary source of income is no longer a choice but a must. In the past, families used to only have one sole breadwinner who is normally the father of the house. But to many families today, having only one sole breadwinner is no longer enough. Both the parents need to come out to work because they require another pay check to help support the family.
Who does not want to have an extra source of income? But why are there still so many people who did not do it? That is because most people have the misconception that to have an extra source of income means they have to trade hours to make some pennies.
This may be true if it is 20 years ago. Today, having a secondary source of income does not require you to work for extra long hours or be at a specific location anymore.
With the power of Internet, you are now able to make some decent extra money anywhere you want with more than 100 ways available.
Meaning to say, you do not need to go get a job anymore for extra money. You don't even need to sell anything to anybody! Second job or selling some products after office hours may be a very quick solution to the problem for the short term but think about it.
You have already spent 8 hours in your job and the pay check you got from the job is already insufficient, what makes you think by working another job for another 5 hours will help you? If you are like most normal working class, you have only 5 hours (deducting 8 hours of work, 8 hours of sleep, 2 hours of travelling and 1 hour of meal time) left to work on.
What I mean is do not keep doing the same thing and hoping it will solve your problem and expect different results because it won't. Do you want a short term solution to a long term problem? Or are you willing to use more time to learn something that can help solve the program for good?
During my search of a long term solution, I understand that I must first be able to search for an extra source of income for the long run and not a one time job or a contract deal for several months. And I also want to know if the extra source can eventually take over my main income.
If it does, that is something worth trying.
And because of the above 2 criteria, I chose to put some of my extra time into stock options trading.
The reasons are simple.
Firstly, I can start with a relatively low amount of start up capital. How small? I started with only $2, 000. Secondly, it offers me the flexibility to make money regardless of market conditions and directions (Of course, if you know how to). Thirdly, I use only less than half an hour to trade. Very little time commitment required.
Last but not least, to date, stock options trading is the only instrument that allows you to turn a losing trade into a winning one and still make a little money. These are just some of the reasons why I chose stock options trading compared to getting a second job.
Of course, it sounded very easy but all my achievements did not come easy. This comes from years of hard work and the lessons that I got from the market. So if you want to be investing your money in the stock market. Whether it is stocks, options or anything, you need to have a proven method that allows you to profit from it consistently.
If you are serious about finding an extra source of income and you really think stock options trading is for you, I urge you to visit my website now.
What you will see on the website will change the way you invest like it changes mine.
If you are in search for a real options strategy to add into your arsenal, then I recommend you my book, Huge Profits Options Trading with Simple Analysis.
This is a no nonsense or textbook strategy book. All the information presented in this book is about sharing with you how to study the market, when to enter and when to exit and take profits. Whether you are into stock or stock options trading, this book is for you.
Go to my website, http://www.buylowsellhightips.com/ to witness the extraordinary stock options trading ebook.
Article Source: http://EzineArticles.com/?expert=Andy_Poon