The first strategy the Wealthy Investor program teaches for creating wealth and residual income is covered call writing, which means buying a stock and selling an option to someone else. There are three different types of covered calls you can employ depending on market conditions: out of the money calls, at the money calls, and in the money calls. Tyrone Jackson explains all three in detail at WITradeschool.com . Most billionaires are associated with stocks and play the stock market game. Howev...
Oct 07, 2015•38 min
Stock market beginners often want to know how to get in on the ground level of a stock that is going to rise. They often ask about IPO’s. An IPO is an initial public offering, or a company that is going public for the first time. There’s usually speculation on the Internet and in the news about how this is a great time to get into that stock. Should you own a stock when it first goes public? Tyrone's opinion is that you should never purchase a stock when it first goes public, because a company t...
Sep 30, 2015•34 min
Tyrone Jackson, the Wealthy Investor, teaches his students how to change their financial situation by investing and trading in the stock market. However he also teaches that before you even buy your first stock, you must change your inner game - the game behind the game. Tyrone himself had mental blocks when he was younger. Being raised by a single mother, it had been drilled into his brain that he must work overtime if he ever wanted to put money away. This mindset affected his deep seeded feel...
Sep 09, 2015•21 min
Zane Mark is a successful musician and conductor. His father was a reed player, playing all the wood wind instruments with the Ellington Band and eventually Broadway. Music stayed in the family as Zane, his wife, and his daughter have all been on broadway. Mr. Mark is well known for co-composing the show Bring in the Noise, Bring in the Funk . When the money first started coming in and Zane’s musical career started taking off, he bought stock in mutual funds. There was no rhyme or reason to what...
Sep 02, 2015•27 min
Brian DeMars came from a poor family in the Bronx. He became a musician writing and playing jazz/rock fusion music but eventually carried on his father's trade of printing for the direct mail business. Off of a friend's recommendation, Brian and his wife went to one of Tyrone's Wealthy Investor Seminars. For Brian's first trade, he bought 100 shares of Disney. He wrote an out of the money covered call and he loved the feeling of making money from his first trade! After two months in classes with...
Aug 12, 2015•14 min
Tyrone Jackson's student Patricia Lo Piccolo joins him to talk about how she changed her mindset about what was possible and found a way to help her family. Patricia had a middle class upbringing in Dallas, Texas. Her mother was a nurse and her father was a landscape architect. They always had what they needed but they lived paycheck to paycheck. As an adult, she moved to NYC and established a life for herself where similarly, she was comfortable but always needed that next paycheck. She didn't ...
Jul 15, 2015•40 min
In order to make money in the stock market, you must first open a brokerage account. Tyrone Jackson, The Wealthy Investor, explains the different types of accounts and how to get started. There are 3 different types of online trading accounts: 1) Full Service Most of the people who open a full service account are not doing a lot of online trading. They want the advice of a professional. These types of brokerage houses take much larger commissions. Example: Edward Jones 2) Discount With a discoun...
Jun 13, 2015•8 min
Matt Anthony owns and runs a recording studio but still finds time to trade stocks and create extra residual income. A few years ago a colleague of Matt’s mentioned Tyrone Jackson’s program and invited him to join. At first, the whole idea of managing his own money and trading in the stock market was very scary. There is a fear that you could lose it all. The way that Tyrone teaches trading encouraged Matt to take the leap. Now, Matt has learned to have patience, not be greedy, and make money no...
Jun 03, 2015•23 min
In order to trade stocks wisely, you need to know the story behind the companies. This requires some research, but it should not be intimidating. One of Tyrone Jackson’s students, Candace Sorman, explains how simple and fascinating the research can be. The stock market is like a game and you just have to learn how to play to start making money and having fun. Candace grew up in the Pacific Northwest in the late 1960’s. She was taught growing up that it was really hard to make money and that she ...
May 27, 2015•27 min
The stock market is it’s own universe and the language intimidates many people. Tyrone Jackson demystifies the stock market by explaining some of the basic terminology and some of his favorite strategies. The stock market is not too complicated; you just need a financial education. A great place to start is learning the difference between trading and investing stocks. When we invest in a stock, we are willing to hold onto those shares for a long time. We only do this with stocks that are a part ...
May 20, 2015•20 min
You need to change your mindset in order to change your life. Andre Blake is the perfect example of someone who made a shift in his mindset that allowed him to be successful creatively and financially. You might recognize Andre from projects such as Silence of the Lambs, Philadelphia, The Blacklist, or as the voice of BET, to name a few. Andre was raised in Long Island by a Venezuelan mother and a West Indian father. His parents were hard-working and successful people and they primed, probed, an...
May 13, 2015•27 min
Everybody would love to be successful; the difference is that some people take actions to back up that desire. Before these actions, there are thoughts. So wealth actually starts in your thoughts first. Jenenne Macklin came back for another visit and she and Tyrone discuss her shift from simply making money to generating wealth consciousness. It’s not just about being on the grind making money, it’s about living a bigger more expansive life. Tyrone tells people to upgrade their friends and Jenen...
May 06, 2015•23 min
Tyrone begins by breaking down some stock market terminology for those who are new: A Bullish market: a market in which the stocks are generally rising as a whole A Bearish market: a market in which the stocks are falling as a whole A Neutral market: a market in which the stocks are fluctuating day to day but not moving in big increments Covered Call Writing: an options strategy used for generating guaranteed income in which you sell the option to someone you don’t know to buy a stock away from ...
Apr 29, 2015•24 min
Everyone’s journey towards financial success is different, which only proves that anyone can do it. Denna Dean tells Tyrone Jackson her story and what her favorite trades are now. Denna Dean was born and raised in South Central Los Angeles to a working class family with no financial education. She became obsessed with saving, made her way to college, and found Primerica at a job fair. She signed up with them and learned a lot about sales and financial principals. Most importantly she learned to ...
Apr 22, 2015•23 min
In Tyrone Jackson's Wealthy Investor program, 70% of his students are female, so Tyrone sits down with Sacred Wealth Guide Jenenne Macklin to talk about women and their relatinoship to wealth. Both Tyrone and Jenenne agree that before you can have great outer success in the world you have to work on your inner game. Jenenne teaches women to access the sacredness within them that will allow them to generate wealth and peace of mind. Most women are not taught about money. It’s not taught at home a...
Apr 15, 2015•25 min
Tyrone Jackson often says that wealth is a series of wealthy habits. One of those habits should be collecting dividends. In this episode, Tyrone tells you why. When searching for wealth building tools, most people find Mutual Funds, in which financial advisors will pick and trade stocks for you in large sums with other people’s money. Tyrone teaches people to personally pick stocks for themselves because you can make a lot more money this way. Tyrone’s approach to the stock market is to buy and ...
Mar 23, 2015•23 min
Randy Hernandez is a successful model and actor who met Tyrone Jackson at an audition for an HBO Television series. He eventually signed up for Tyrone’s class, but began very slowly in the stock market. Randy says he opened his TD Ameritrade account and had money sitting in it for three months before he ever pulled the trigger on a trade. But opening that account was half the battle. Randy and Tyrone discuss how there is definitely a fear of failure, a fear of unknowing or not being financially ...
Mar 12, 2015•31 min
In order to find financial freedom we must change our money beliefs and get a financial education. Tyrone Jackson continues to demystify the stock market for us and uses Starbucks (SBUX) and Nike (NKE) to explain how we could have been making money for the past five years. If you refer to this chart for the Starbucks (SBUX) stock, you can see how if you had bought $1,000 worth of Starbucks shares five years ago, it would now be worth $2,900. Similarly, if you had bought $1,000 of Nike (NKE), it ...
Mar 12, 2015•10 min
Five Year Case Studies Apple Stock (AAPL) Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets; Mac, a line of desktop and portab...
Mar 09, 2015•25 min