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How to Build Long-Term Wealth

How to Build Long-Term Wealth

Posted On September 4, 2021 9:05 am
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I’m not a “Polly Anna.”  You know the type, someone who tries to put a sugary sweet spin on everything. 

As a matter of fact – even though I am a long-term optimist – I tend to be a short-term pessimist.  What I mean is that I assume everything will work out well but anything that can go wrong on the way will go wrong.  

That’s why I trade like I do.  

I assume that we will destroy the S&P every year (which we have since inception in 2015), but I also assume every trade will need constant monitoring and regular rolls because the market is irrational and each trade might go belly up at any moment. 

My approach creates a lot of stress for me during the week but is well worth it because Option360 subscribers and I reap the benefits

(BTW have I mentioned I trade my own money with the Options360 portfolio.  It gives me a deeply vested interest in making sure we win every year.  I HATE losing money!) 

Here’s the point to this rambling email…

We are seeing a lot of uncertainty in the world today.  Natural (and some not so natural) disasters, political unrest, a resurgence of the pandemic…

If you were to get caught up in the day-to-day, one could be excused for believing everything is coming to an end. 

However, a good friend just shared with me that, while he was bemoaning the state of the world to his father, his father started laughing…

And explained that when he was young, he told HIS father (my friend’s grandfather) that the world was ending and it was all for naught.  

Needless to say, the world didn’t end.  And it won’t now – even if things look bad in the moment.  

Long-term optimism my friend.  

Focusing on building long-term wealth is ALWAYS the right thing to do…

And one of the best ways you can do that is by taking a test drive of Options360 for just $9.  

To Your Success,

Steve

PS.  We are celebrating Labor Day early this year, so you can take a test drive for just $9, there’s never been a better time to try out Options360.  There’s virtually no risk, and you get undirected access for a full 30 days. 

Click here, it’ll be the best $9 you ever spent!

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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