Phil Anthropy

Phil Anthropy picture
I am retired from government service after a career in administration and computer management, most of it spent overseas. My academic background includes a master's degree in computer science. I have over 30 years investment experience. Since my retirement I have become a more active trader in both stocks and options. My major strategy for gradual profits has been to buy solid stocks (mostly tech sector) in trading ranges, and then to sell one month covered calls. I also sell at-the-money short puts on beaten down stocks. Using real-time quotes and charts, I make occasional trades based upon price or volume acceleration. I do most of my short-term trading in an IRA, which reduces record keeping and defers taxes. My goal is eventually to generate enough profits to permit significant philanthropy. An alternative would be to work for a charitable or philanthropic organization, which I am considering.

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November 21, 2008   |  Last Updated       18:42 ET
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