When you start making profit month after month trading options, the next question quickly becomes, is there a way to do this without paying taxes? Should I trade options in my RRSP and TFSA? The short answer is yes, but be careful. Some options strategies aren’t allowed in registered accounts. Continue Reading
Stock Options
How to make passive income: Stocks vs. private lending
Stocks or private lending? Which is better to make passive income? The idea is to plug a lump sum of cash into an investment and reap regular cash returns. You can do this with both stocks and private lending, but are both equally suited to make passive income? Let’s look Continue Reading
How to buy calls: A mini guide for real estate investors
When you buy calls, you can control stocks for less than their current price, but still give you the full appreciation. Imagine gaining 20% appreciation, but only paying 50% – 70% of the full price… How? It’s kinda like being the tenant buyer in a rent-to-own deal. The lease option Continue Reading
How to reach $1,000,000 in Registered Accounts
How long would it take to turn $80,000 into $1,000,000 in registered accounts with stocks, options or private mortgages? Why $80,000? Right now (as of April 2022) the most you can have in a TFSA is $81,500. Now, if you’ve been regularly maxing out your RRSP, you could have a Continue Reading
Options for Beginners Part 3: Secret Tactics to Make Money With Stocks
Options let you make money with stocks in unique ways that almost nobody knows about. You can: Buy stocks at a discount Generate cash flow without owning stocks Cash flow with stocks you already own But they can have an ugly side, too. So how do you properly use options Continue Reading
Options for Beginners Part 2: What are stock options?
In Options for Beginners Part 1, you learned that options can be relatively safe, profitable trading strategies for new investors. Now let’s answer the question, “What are options?” What Are Options? Options are another form of investment that can be bought and sold just like stocks, bonds, or commodities. But Continue Reading
How to Invest in Bitcoin Without Buying Crypto
Here’s how I (Erwin) made 6 figures stock hacking Bitcoin without buying any actual crypto or crypto related stocks. You don’t have to invest in Bitcoin to profit from it. Bitcoin is volatile. Companies in the stock market that mine, hold, or develop for the bitcoin network are volatile as Continue Reading
Options for Beginners Part 1: What you need to know before you start
If you want to make money with options, start with these safer, easier options for beginners. We’ll explain the trading strategies more in Part 2 of this Options for Beginners series, but don’t skip these questions before you move on to the sexy, money making posts. Ready to upgrade your Continue Reading
How to Make Money in the Stock Market
If you want to learn how to make money in the stock market, start with one of these beginner friendly strategies: Buy and hold stock in reputable companies for 20+ years Find the next big trend and invest in it Buy dividend paying stocks and get paid every quarter Learn Continue Reading
What is Stock Hacker Academy?
Here’s the short version: Stock Hacker Academy is a school and community where investors and entrepreneurs learn how to generate extra income from their phones with stock investments. Pardon? 😊 Cherry and I (Erwin) started Stock Hacker Academy in 2019. We are real estate investors and entrepreneurs who want to Continue Reading