The mainstream personal wealth gurus are all talking about stock options, convinced that this is a tool favored by the wealthy. While stock options certainly have the potential to create wealth for those savvy investors who know how to use them, be cautious as you search for the knowledge to use them profitably.
Robert Kiyosaki, author of the Rich Dad books, is talking about stock options. Whether you are a fan of Mr. Kiyosaki or not, he is undeniably one of today’s more prolific personal finance authors in the world and he wants us to know that options are the investment of the rich.
It is not just Mr. Kiyosaki, but an entire industry that is springing up to promote options trading and service the needs of stock option traders. There are a lot of people talking about how options are the key to financial freedom and why you should learn how to trade them yourself. (more…)