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Why 70% of Option Traders FAIL

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Fri, May 21, 2021 11:31 AM

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Buffett's Advice On This Is More Important Than Ever... | Most option traders place high-risk trades

Buffett's Advice On This Is More Important Than Ever... [View Online]()|[Unsubscribe]( [Street Authority Daily] -[]Recommended Link [Why 70% of Option Traders FAIL]( Most option traders place high-risk trades hoping for a huge payout like a gambling addict placing all of their money on one roll of the dice. But here's the good news: You don't have to trade options this way. Former lawyer Jim Fink has used a low-risk, proven strategy to deliver winning trades 84.68% of the time for his subscribers. [Click here to discover Jim's winning strategy...]( May 21, 2021 Buffett's Advice On This Is More Important Than Ever... By Jimmy Butts [Jimmy Butts] Anyone interested in the markets knows that Berkshire Hathaway's annual shareholder letter is mandatory reading. These annual letters are always chock-full of wisdom, humor, humility, and golden nuggets of investment advice. The [latest shareholder letter]( really struck a chord with me. It seems that the Oracle of Omaha -- Warren Buffett -- knows exactly what needs to be said and when. But not surprisingly, my favorite part of this year's letter wasn't touched on in any of the mainstream media. -[]Recommended Link [Are you on the list?]( URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away. [Click here to make sure your name is on the list.]( Longtime Buffett fans know that he has a strong belief in America and America's ingenuity. And when we needed to hear it the most, he reminded us all just how great of a country we live in. You see, in today's society, social media, and mainstream media, it seems that too many people take America -- and the freedoms we enjoy -- for granted. Sure, this country isn't perfect, and there is plenty of room for improvement. But it's hard to argue that there's a better place than the United States that will allow you to become successful. Unfortunately, that tone about America doesn't really seem to resonate these days. Instead, it seems that it's more popular -- and garner more "clicks" -- to bash our country. If you're too patriotic, you're automatically funneled into some political group and labeled an "extremist." In fact, I read somewhere that one brewery owner actually took down his American flag because of the stigma that it conjured, not wanting to lose potential customers over it. The mainstream media also doesn't want to cover the great things about America, including the two and a half pages that Buffett dedicated to this very topic. Buffett: "Never Bet Against America" [buffett]"Today, many people forge similar miracles throughout the world, creating a spread of prosperity that benefits all of humanity. In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country's economic progress has been breathtaking." -- Warren Buffett In the letter, Buffett recounted several success stories. Since our country's birth, "individuals with an idea, ambition and often just a pittance of capital have succeeded beyond their dreams by creating something new or by improving the customer's experience with something old." Then he launched into the story about Mary See who set out to deliver an age-old product that she had reinvented with special recipes. After 100 years, her candy company, See's Candy -- owned by Berkshire Hathaway -- continues to grow and remain a dominant force in the candy space. Then there's "Big Jim" Haslam who started what became Pilot Travel Centers in 1958 by purchasing a service station for $6,000. Then there's my personal favorite... Rose Blumkin, who arrived in Seattle in 1915 as a Russian emigrant, unable to read or speak English. She eventually settled in Omaha, Nebraska. And after squirreling away $2,500 she decided to start a furniture store. It was by no means an overnight success. Roughly 10 years into her endeavor the company's net worth had grown to a meager $72,000. The cash she had both in the till and on deposit, was just $50. But she persevered, along with her son who had just come back from World War II. And by 1983, they'd built it into a $60 million company. That very same year, Berkshire purchased 80% of the company -- Nebraska Furniture Mart. Today, Nebraska Furniture owns the three largest home-furnishings stores in the United States, and each set a sales record in 2020. My favorite part of the story... when Mrs. Blumkin's large family gathered around for holiday meals, she would ask that they sing a song before eating. Her selection never varied: Irving Berlin's "God Bless America." Buffett finished up this section of his letter with this statement: "Our unwavering conclusion: Never bet against America." It's A Great Time To Be An Investor Not every human on this planet is so fortunate to have such a wealth-building machine at their fingertips as we do. Not only can we start or buy a business with relative ease in America, but we can enjoy the fruits and labor of other people's success via the stock market. Many of us might take for granted that we can hop online, open a brokerage account with as little as $50 and begin investing alongside some of the greatest entrepreneurs on the planet. There are millions of folks who don't have access to this wealth-building marketplace. Granted, investing in the stock market isn't a sure thing. We will have ups and downs. Some investments will make us money while some will lose us money. Too many people want overnight success and become frustrated when they don't hit a home run on their first pitch. But think about some of our staple investments in the [Top Stock Advisor]( portfolio... We're up more than 2oo% on Visa (NYSE: V). Our investment in the company that facilitates derivatives trading on Wall Street is up close to 250%. We've doubled our money on the "no-brainer" Google parent, Alphabet (Nasdaq: GOOGL), in just two years. We decided to take advantage of the booming housing market with a first-class homebuilder watched our investment climb more than 75% in just over a year. We're up 115% with a "boring" insurance stock in less than 10 months. And remember, we didn't show up to work at any of these American companies. We didn't have to log into a Zoom meeting or commute anywhere. We haven't done anything. We simply made a few clicks on our computer screen and taken part in their success. It's truly remarkable. So, while there's a choir of people who want to harp on America's shortcomings, I'd rather heed the advice of a 90-year-old mogul whose mantra is "never bet against America." Editor's Note: Are you one of the millions of Americans that have noticed some "strange" lights shooting across the sky? Do you have any idea what they are? They're NOT military drones… stars… or UFOs. They're the next frontier in big tech and it could hand early investors the gains of a lifetime... Jimmy Butts and his team have been researching this phenomenon closely for months... Their findings are nothing short of "shocking" -- and they're saying now is the time to strike. [Go here now to get the details before it's too late...]( -[]Recommended Link [Will Elon Musk's new $10 billion project make you 886% richer]( [Will Elon Musk's new $10 billion project make you 886% richer]( PayPal… SpaceX… Tesla. Each of his past projects have made investors-both retail and private-extremely rich. But if you missed out on any of them… DON'T WORRY! Because Elon expects his latest project to be the most profitable yet! [Click here to discover how to get in on the ground floor-TODAY-for the chance to 9x your money!]( To ensure that you receive these emails, [please add us to your address book.]( Disclosure: StreetAuthority doesn't own shares of any securities mentioned in this article. Members of our staff are restricted from buying or selling any securities for three days after being featured in our advisories or on our website. StreetAuthority is a publisher of financial news and opinions. StreetAuthority is not a securities broker/dealer or an investment advisor and we do not recommend or endorse any brokers, dealers or investment advisors. This work is based on SEC filings, current events, interviews, corporate press releases and publicly available information which may contain errors. All information contained in our newsletters and/or on our website(s) should be independently verified with the companies or sources mentioned. You are responsible for your own investment decisions and should always conduct your own research and due diligence and consider obtaining professional advice before making any investment decision. This message was sent by an automated message delivery platform. Please do not reply to this email address. Any messages sent to this address will be automatically deleted. We sincerely hope that you benefit from your subscription to this complimentary newsletter, and we're willing to do whatever it takes to keep you as a satisfied subscriber. You may contact our customer service department by [visiting this link](. To update your subscription or unsubscribe, please [click here](. Copyright (c) 2021 StreetAuthority, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited. [Terms]( | [Privacy]( | [Unsubscribe](

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