27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Robert Kiyosaki, the author of ‘Rich Dad Poor Dad,’ has slammed the economic policies of the Biden administration, terming it as ‘BIDENOMICS’ and calling it ‘a joke.’
What Happened: Kiyosaki expressed his dissatisfaction with X, formerly known as Twitter, regarding the current economic situation under President Biden’s administration. He voiced his concern over the rising inflation that is ‘eating American families alive.’
See Also: Jamie Dimon Warns Of Stickier Inflation, Higher Interest Rates In Annual JPMorgan Letter: ‘There Will Be Plenty Of Stress’
The author’s comments reflect his discontent with the current economic policies, which he believes adversely affect American families.
Why It Matters: Kiyosaki’s criticism comes in the wake of his previous alarm about the American public’s financial future following Federal Reserve Chairman Jerome Powell's hawkish inflation commentary.
Earlier in March, it was noted that President Biden had been subtly avoiding the term ‘Bidenomics‘ in his speeches as Republicans used it against him. This could potentially be a key issue in the upcoming 2024 presidential election.
Adding to the economic worries, Jamie Dimon, chairman and CEO of JPMorgan, warned of persistent inflationary pressures and higher interest rates
Robert Kiyosaki. Photo by Gage Skidmore on Wikimedia Commons
Engineered by Benzinga Neuro, Edited by Kaustubh Bagalkote
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!