Episode #40 - Mindset Shifts (Growth vs. Generating Income)
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In this episode of The Modern Stock & Options Trading Show, host Russ Mathews will discuss the mindset shift that takes place between ‘growing your account’ vs. conversion into ‘monthly income generation.’ In other words, should you care about the fluctuations in the prices of the underlying assets (stocks, etc.) when you are generating monthly income? If so, what are the ratios? How much of your portfolio should be used to generate income? Russ will cover these and illustrate the lessons with 10 examples.
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