How do you value pieces of paper? What creates currency? What makes the dollar a reserve currency? There are several different models used to value currency, including Purchasing Power Parity and the BEER (Behavioral Equilibrium Exchange Rate) model, amongst others. There are several variables that go into those models, most notably conditional expectations, current rates,…
Read MoreSmart Money: The Poor Man’s Covered Call
In my most recent blog post, I talked about shorting/selling a call, aka a covered call. This technique is used as a way to reduce cost basis against shares held, and can also be used as an income generation technique for larger accounts. However, not everyone has a large account (I definitely don’t). So what…
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