Wall Street Money Machine: New and Incredible Strategies for Cash Flow and Wealth Enhancement

by Wade B. Cook

Book Overview

Everyone needs more cash flow, but few know how to get it. Cook teaches readers how to quit trading their time for money and begin enjoying their time as their money earns a monthly income. The stock... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0910019703
• ISBN13: 9780910019705
• Release Date: April 1996
• Publisher: Lighthouse Publishing Group
• Length: 220 Pages
• Weight: 0.05 lbs.
• Dimensions: 0.9" x 6.4" x 9.6"

Customer Reviews

Learn how to make money in the Stock Market

The book offers a clear way to generate income by buying and selling stocks. options too.

Excellent tapes done personally by Wade

These tapes are actually from the first Wall Street Money Machine book that came out in 1997. The concepts are the same...Rolling Stocks, Options onStock Splits, Stock Split Strategies, Covered Calls and two strategies which have been deleted in the newer books, Dividend Capturing and Section 29 Tax Credits.The information is excellent, timeless and in Wades own voice.Great companion to Wall Street Money Machine Volume 1 and Two Bad Years and Up We Go. Two audio cassettes packed with information. And you Wade Cook bashers, only slight mention of the Wall Street Workshops. Wade also mentions Barron's, Investors Business Daily and Wall Street Journal.

Educational & Informational

This book is excellent! I increased my cash flow by $8,000 my first month byusing the options on stock splits strategy as explained by Wade Cook in this book. I parlayed that into RollingStock and Covered Calls also explainedin WALL STREET MONEY MACHINE.This book gave me the know how and theconfidence to take action. I gave copiesof this and other Wade Cook Books asaccessory gifts this past Christmas.I strongly recommend WALL STREET MONEYMACHINE as the first book to read beforestarting investing. The second book should be STOCK MARKET MIRACLES and thenext book should be ROLLING STOCKS.As for the critics of WADE COOK; Do whatI Did when I first heard about WADE; TRYIT MYSELF FIRST TO SEE IF IT WORKS! Needless to say, I'm glad I tried. IT WORKS! And I'll never go back to the oldway of trading again. My wife, children and I are living a lifestyle that would have otherwise beenimpossible for us thanks to the additional cash flow strategies we learned from WADE COOK!THANKS WADE!

THIS BOOK OFFERS STOCK MARKET STRATEGIES FOR THE TIMES!!

WADE COOK'S Stock Market Strategies are doing for sophisticated traders in the 90's what lease options did for Real Estate in the 80's. Thank you Wade for sharing these strategies with all of us. My bottom line has increased by more than $25,000 this year and that is after starting with only $2.500 and losing money following a brokers advice.

OWN THIS BOOK ONLY IF YOU WANT TO BECOME WEALTHY!!!

In 1983 I purchased a book that made a significant impact on both my and my families financial lives. The book was "THE REAL ESTATE MONEY MACHINE" by Wade Cook. At that time, buy and hold was in voque. After reading TREMM I went out and bought a residential property and did a lease option on it. Then I bought another, another and another. Today, thanks to Wade's strategies, my net worth is over $900,000 and my monthly income is more than $20,000. Of the people that I knew personally back in the 80's who went the conventonal way of buy and hold, only one is still holding any real estate properties and he said it was a tough road. The three T's; tenants, toilets and turnover in the traditional rental game almost buried him.In 1997, I was browsing through our local bookstore and came across THE WALL STREET MONEY MACHINE. Seeing who the author was, I immediately bought it.I started using only two strategies; covered calls (I saw the sim! iliarity of this to the stock market what lease options where in real estate) and options on stock splits (the leverage concept as in real estate) With the profits, I would buy more stocks or more shares of the same stocks, do more covered calls, buy more shares, do more covered calls etc., etc just like in real estate.Now I'm moving on to the more advanced strategies; selling puts, straddles, bull and bear spreads and so on but my main strategy is Covered Calls just like lease options where my principal strategy in real estate and I would buy some discounted mortgages, tax liens and eventually bought some land and commercial property.Everyone tells me that I should be a billionaire in 5 years or less. Thats like the old example of take a penny and double it every day and in a month you'll have millions! In reality some stocks will drop, some covered calls will be called out too soon, some lease options on real estate will go sour.... but overall, YOU'LL B! E MAKING MONEY AND A LOT MORE THAN WHAT THE TRADITIONAL & ! quot;BUY & HOLD" CAN OFFER. I went against the trend in the 80's with Mr Cook's Real Estate Strategies and won and now I'm going against the trend again in the 90's with Mr Cook's wall street strategies and am making more money than ever in the stock market. It's okay to be a little skeptical, so was I, just don't be negative. In addition to Wall Street Money Machine, I highly recommend McMillians books and Wade Cooks other stock market books and of course "Real Estate Money Machine", that is the one that started it all for me.

WADE TURNED MY INVESTMENTS INTO A MONEY MACHINE!

Using a combination of rolling stocks, covered calls and options on stock splits, I've gone from averaging 10%-20% per year with "buy & hold" stock strategies to 20-30% PLUS MONTHLY RETURNS DOING IT THE WADE COOK WAY! I've read the other revews and feel that that are only three reasons why the negatives are appearing: 1) People haven't really read or understood the book, 2) They are into traditional only "growth style" buy and hold investments, or 3) They have a personal vendetta against WADE COOK for whatever reason (s) and could care less if you the reader gets factual material or not. Oh, there is also a fourth reason; they may be competitors of WADE COOK trying to get you to jump on their bandwagon. Imitiation is the sincerest form of flattery.