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I wrote earlier that I’d do a year end round up of my ETF Covered Call investment strategy on three of my accounts: Mini-account (for small time investors), Power-account (for those more adventurous), and Arbitrage (for those with no money but big cojones) and the results are official.

My power account returned a little under 25% return for the 2007 year. My mini-account returned 27% return for the year and my arbitrage returned a whopping 54.76% on an annualized rate, 13.69% actual.

I did some graphs to illustrate how my mini account did against the major indexes: Dow Jones, S&P 500, and Russell 2000 for illustration purposes.

First up, ETF Covered Calls vs. Dow Jones Index

ETF07vsDJ.png

Next up, ETF Covered Calls vs. S&P 500 Index

ETF07vsSP500.png

Last up, ETF Covered Calls vs. Russell 2000 Index

ETF07vsR2k.png

Despite the great returns, I’m hesitant to think that 2008 will be as profitable as there are so many problems with the financial system in the U.S. that it could get ugly in 08 but we’ll have to wait and see what happens.  The year ended on a sour note and if the next few weeks are a roller coaster ride, people are going to get off the coaster and sit on the sidelines which won’t bode well for markets.

I’m primarily in cash right now with the exception of my arbitrage account and the mini account.  Both these accounts are energy top heavy which I believe will do well, recession or not, as demand and consumption continues to rip through previous consumption levels.

Good luck investing in 2008!