27% profit every 20 days?
This is what Nic Chahine averages with his option 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.
- In a recent video, CNBC's Landon Dowdy shared a comparison between the top stocks Millennialsinvest in versus those Baby Boomers are placing their money on.
- So, where are you standing? Find out below.
Although recent data indicated that Millennials are not investing as much as the generation that preceded them, those who are doing it, are doing it in a very different way than their parents. According to Bankrate.com, only 26 percent of people under the age of 30 are investing in stocks, compared to the 58 percent of people between the ages of 50 and 64 who own shares of publicly traded companies.
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!
In a recent report, portfolio management site sigfig shared some conclusions from its analysis of 400.000 portfolios for over 220.000 investors.
Top Stocks For Millennials
So, according to sigfig, the CNBC video assured, these are the most popular stock among Millennials:
5) GoPro Inc (NASDAQ: GPRO)
4) Twitter Inc (NYSE: TWTR)
3) SolarCity Corp (NASDAQ: SCTY)
2) Advanced Micro Devices, Inc. (NASDAQ: AMD)
1) Tesla Motors Inc (NASDAQ: TSLA)
Apparently, “Millennialsare three times more likely to own” Tesla’s stock than Baby Boomers, Dowdy added.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Top Stocks For Baby Boomers
Unlike Millennials, who seem to invest based on familiarity with the companies, Boomers seem to prefer more established names like:
5) Merck & Co., Inc. (NYSE: MRK)
4) Mondelez International Inc (NASDAQ: MDLZ)
3) Duke Energy Corp (NYSE: DUK)
2) Honeywell International Inc. (NYSE: HON)
1) Southern Co (NYSE: SO)
Opposite to Tesla’s case, Baby Boomers are “five and a half times more likely to own” Southern Co’s stock than Millennials, the anchorwoman assured.
Mom And Dad Know Best
Finally, Dowdy looked into the performance of each of these stocks. While all five of the most popular stocks among Millennials are down year-to-date, only three of the Baby Boomers’ top picks are down, with Mondelez up more than 25 percent and Honeywell up 3.6 percent.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
27% profit every 20 days?
This is what Nic Chahine averages with his option 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.