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.
Grant Cardone, real estate titan and founder of Cardone Capital, has said time and time again that Americans should rent instead of buying homes. And, last month, he provided seven reasons why:
If you don’t want to click the post to see the full list, here’s a summary of his seven reasons:
- Apartments have better amenities, such as pools and gyms.
- Rents are half the cost of a mortgage today with interest rates at 7%.
- The average down payment on a home is 20%. Instead, renters can keep that cash or invest it.
- Renting presents a shorter commitment, such as a 14-month lease instead of a 30-year mortgage.
- Apartment living provides renters with an immediate community of people with similar interests.
- Renters do not have to pay for maintenance.
- Homeowners insurance and property taxes are “exploding” for homeowners.
Back in November, Cardone sparked controversy with his candid views on homeownership. Speaking on “The Money Mondays Podcast,” he stated, “If renting doesn't make sense at half of what it costs to pay the mortgage, how does the mortgage make sense, which is just a fancy bullsh*t word for paying rent for 30 years to the bank.”
Read Next:
- Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can collect passive rental income without being a landlord.
- Elon Musk, Ken Griffin and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible.
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. This platform allows individuals to invest in commercial real estate with as little as $5,000.
Image Credit: YouTube
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.
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