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Josh Maher's Blog » Profit

ESPP Options – Account Configuration

Ok, I get it. The account you have at Fidelity where your ESPP shares are dumped each quarter doesn’t allow option trading. Now you read my post on how to sell covered calls against your shares and are lost as to how to make that happen in your account. I thought about this and have been pretty hesitant to walk through the steps to make this work for everyone… If I have to walk you through how to make this happen in your account, are you really ready to start trading options? Well,. being a consultant though I guess I can’t help myself. Selling covered calls isn’t exactly putting on an Iron Condor or Butterfly option strategy. It is simply saying that you already own shares of a firm and … Read entire article »

Filed under: career, Covered Calls, ESPP, Investing, Options, Profit, stocks

You Have An Employee Stock Purchase Plan Now What?

This seems to come up a lot in large companies and having been on the end of not knowing what to do as well as currently being on the end of having some thoughts about different strategies to manage ESPP participation, I thought I would share with everyone. I won’t say that I know everything about investing or managing an ESPP… but I definitely have been using a solid strategy that makes sense. The basic principles of the investment strategy are: Sell covered calls against the ESPP shares This puts cash in my account that I can use to invest elsewhere Ensures that if the stock is sold, it is sold for a profit higher than the 10% Collect the dividends from the shares (Assuming your company pays dividends) This provides money to be invested … Read entire article »

Filed under: career, Covered Calls, ESPP, Investing, Options, Profit, stocks

Retail Investment is Changing

I don’t know if any one else has noticed the trend in retail investment advances that have been taking a crack at Wall St. lately – but I think we can forget what value the Occupy Wall St. movement will provide and start looking at what people with productive skills and a desire to change the world are trying to do. Over the last year I have seen a number of great products come out that are focused on reducing the cost and increasing the efficiency of middle class investors. Of course all while taking some of the money (the fees at least) out of Wall St. I am not talking about peer to peer lending (I have been playing with those groups for a while and am not sure … Read entire article »

Filed under: Banking, ESPP, Investing, Options, Profit, Startups, stocks

Reducing Payroll Costs Closer to Home

I have been slowly following a series of cost reductions that seem to touch a lot of people I know (yes myself included). We have all heard the stories on the news about automotive workers, home builders, and financial industry types losing jobs and not having anywhere to go. These seem so distant though (despite my brother-in-law being laid off from GM and my sister-in-law, his wife, being laid off from Expedia). Yeah there are some home builders here putting people out of work, there was WaMu, there is Russell. We don’t have much in the way of auto workers around here though. We’ve got a fair amount of airplane and boat makers instead that seem to be less impacted. We clearly aren’t as bad off as other areas hit harder by the declines in … Read entire article »

Filed under: career, Entrepreneurship, Microsoft, Profit, Seattle

Life: Stock Market Games – Day 3

Well even if my own portfolio was completely in the hole today – at least Quentin’s in-game portfolio went up the most!! That’s three days, and all three of us have had our turn earning the most money!! Granted, Quentin was only up $11.16…. but that beats my measely $4 and Gabes $93 loss! Hopefully the fact that Gabe’s still over $10k will keep him encouraged to continue playing…. Perhaps getting into Seattle’s new version of the hotel industry would be more profitable? … Read entire article »

Filed under: Banking, Investing, Profit, stocks

Top Ten Reasons you should not Blog

10. It’s time consuming - Kind of like watching TV, it wastes valuable time. You could be creating real content, spending time with your kids, your wife (no, reading her blog does not count as spending time together), or enjoy spending time off the grid daily instead of between jobs… 9. The blogosphere is already overloaded - Yes that’s right, there are lots of good bloggers out there, in fact at this point my humble technorati ranking is at the bottom of the list along with thousands of others (yes past the 1m rank). So why would you start or continue blogging at this point? The content has already been covered by the press and at least five other bloggers, would your comments on their blogs be sufficient? 8. It’s not journalism … Read entire article »

Filed under: blogging, Josh Maher, Profit