Compound Stock Earnings

Just want to drop you guys a note of appreciation for this weekend's online seminar. Even though I have been a client of compound stock earning (CSE), in Feb it will be 4 years. In that time, I have averaged a return of between 5 - 6% per month and it never ceases to amaze me that we are still learning.

I certainly appreciate both your efforts for spending the time to keep educating us. It's amazing how the live interaction of all participants' works, its like being there in person. I do plan on attending future seminars with you guys, I have been thru live seminars, roundups, and a subscriber to the leap selection with you and your staff, but the availability of the online seminar was truly well worth it. The interaction of questions and examples makes it easier to understand the rules and makes it very easy to attend.

I try to do my best to follow the rules and guidelines that you have outline to us, and when follow, they do work. Needless to say, that when a question comes up, you are there to assist us, no questions asked. As you know I am retired now, and it's very important for my family that I be successful at this. We have monthly goals, and we are obtaining them, thanks to CSE.

I have a shelf full of tapes and books after years of trying so many different
money making scams. I had "seminar scam burnout" or SSB as you would call
it. When I attended your free 2 hour, I was very cautious. I mean very
cautious. All I needed was one more book to put on the shelf. If CSE was
another one of these "deals" my wife would have me sleeping in the garage
for sure.

After the free 2 hour I was convinced that CSE was for real but I had to tip toe
through this to get my wife interested. Now after seven months of trading and
my consistent 4 to 5% per month return....when I asked her if she wanted to
attend the 2 Day Intensive....no problem!

Your comment for me to watch out because my wife was going to take
over....that is the whole point for bringing her to the 2 Day Intensive. I want
her to get better at trading than I so I can go fishing, golfing etc. etc and let
her make the 4 to 5% a month. (8-)

On the more serious side...no... we are both very excited about doing this
together. This is the first time after 37 years of marriage that we have found
something that we can work at together. And should I get hit by a Mac truck
(crossing the street like Aaron) she will be able to continue trading.

Joe (Trail Boss),

I just looked at the 2005 results of my Interactive Brokers CSE account.

Thank you for the call yesterday to inquire about my progress. It is always good to hear from you and I enjoy our association very much. (It gets kind of lonely out here in covered call land at times.)

Your call prompted me to go back and see exactly where I am with regard to my investing using the techniques that you have taught me. I'm sorry to report that I am not doing as well as I thought.

While I am still thrilled with these numbers, I'm sure they are going to be somewhat of a disappointment to you.

My first real money trade was made 1/19/05. In the 22 months since then my account is up a little over 68%, which works out to 3.1% per month. I KNOW,
I KNOW. I'm sorry for being such a slacker!! I have a whole long list of
excuses, but I'll refrain from boring you with them and just promise to do better in the future.

One thing I will say is that I need to pay closer attention to my overall returns. I had not gone back to see exactly where I was for sometime and your call prompted me to do that. (I could use a lesson from you Aaron, on how to set up a spread sheet like the one you use. I am an old dinosaur that keeps all my records on a yellow legal pad, just like Joe.)

Also, because I have not been able to attend any of the recent seminars, my knowledge and practice of some of the newer techniques (SSR, CPR, etc.) has been lacking. I confess that I have always been a bit of a loner, but I need to make a point of keeping up to speed with the rest of the herd and my neglect in that area is reflected in my returns.

OK, thanks for reading this email. It is always easier for me to put my thoughts in writing rather than trying to talk on the phone. Thanks again for your call and I promise to pay better attention in the future. 68% in less than 2 years is great, but it's not quite the goal of 5% per month.

I was reading a few of the emails you posted this week, from people who were complaining about the cost of the 2-Day Seminar and I have some observations I think I am qualified to make.

I have been a subscriber since June 2003. Since that time I have constantly been sent daily, sometimes hourly emails that have been one of the more useful LEARNING tools you have in your arsenal.

After attending the Two Day Intensive Seminar, a complete novice can simply follow the recommendations in the emails, and make a considerable return on investment while learning the technique taught at the seminar. And unless they are a complete idiot will learn just from doing the covered calls and LEAPS recommended. You only have to do what is suggested at the seminar and in the emails and you will earn while you learn.

I have taken the One on One seminars, been to a Round Up, attended a two day Intensive Seminar, almost got "Katrina'd" in New Orleans, and am currently studying the Masters Class DVD's. You might say I'm fully invested in CSE.

If you are going to offer any more "expensive" courses that return 50 to 100 times their cost year after year please sign me up.

If the people who think the education you provide is expensive, I hope they never have to experience ignorance.

Good morning Joseph:

As always, it was a pleasure talking to you last Tuesday. Thank you for the input regarding my OVTI holding.

During our conversation you asked if I would share a bit about my background and my experiences investing with the CompoundStockEarnings process. I am happy to do so.

I spent 31 years in the investment business, in various capacities. including a position as a director of a large international investment firm. My career was spent in Canada where I was one of the first 8 individuals in Canada to become an option principal.

When I obtained my license the only place options were offered was on the CBOE. In those days one could trade only call options, puts didn't exist, and, as I recall, options were offered on only 20 companies. There's been quite a change in the past 30 years.

I got involved with you approximately 4 years ago as a result of an on-line investment group I belonged to where an individual talked about a service available that was offering AND MAKING subscribers returns of 50-60% a year and more. I was more than a bit skeptical, however, I decided to check you out, so I subscribed to your service. Although I followed your recommendations for over a year I made absolutely no trades using your process. There were two reasons why:

1-Having been in the marketplace for so many years I knew anyone making those kind of claims was a charlatan. ( the main reason )

2-Because of my background in options I was using options as well as day trading in my account. I was making a pretty good return already, although not near the numbers that were claiming to be made through your process. ( I wasn't sure you could show me anything about options trading of which I wasn't already aware. )

How wrong I was!

I began using your processes in a very small way until May, 2005.
Until that time I was day trading the marketplace which was much more exciting than doing option write programs. In May, 2005 I ended up in the hospital for 2 1/2 weeks. During that convalescence I took stock of how I was using my time and realized I was spending 10-12 hours a day in the marketplace, seven days a week. I had retired from the business in 1989... so I thought... but in reality I was working harder than ever.

I decided to re-visit your process to determine if I could make a legitimate return on my capital with much less time requirements.
After  re-reading the manual and getting comfortable with the processes I switched my trading portfolio completely to investing the "CompoundStockEarnings" way. My goal was and is a 30% return annually, far below what you claim is available.

My results from Aug. 3, 2005, the day I made my first trade using your processes exclusively, through May 31, 2006 are an actual return of 44.97% which equates to an annualized return of 53.96 %. That's not as good as many of your clients but it's better than 1 1/2 times what my goal is and, if maintained, will double my portfolio approximately every 1 1/3 years. NOT BAD !!!

I suspect when I complete the workshop seminar, which I intend to do this month, I believe that return will increase substantially. Why?
Because even though I was considered to be an expert in options trading you and your team have given me additional knowledge in trading options that I can not find anywhere else and your techniques fine tune and increase the ability to make money.

In terms of TIME REQUIRED it has dropped from 10-12 hours a day to approximately 15-30 minutes a day.   I often times spend more time than that, because I enjoy the marketplace, however, no more than that is required.

There is one other major benefit I have received that I cannot quantify in terms of return on investment of capital but which has a HUGE value to me....the absence of stress. Day trading can be extremely stressful. With this process all stress has disappeared while the returns have increased....and the excitement of making all that money more than offsets the loss of excitement of not day trading.

Joe, I apologize for the message being so long. I hadn't intended it to be. Hopefully this will be of some benefit you and/or your (potential) subscribers.

Don P. - Canada

However, I am a business litigator, actually, a trial lawyer. I have been taught by my professional experiences to be very wary of any claims made by anyone. Especially claims by people that use the word "irregardless" and in the same sentence claim I can earn 5% or more per month. Frankly, I see those claims as a business opportunity for my litigation practice as those making claims will eventually need a good lawyer. Like me.

So I came to your processes with a fair amount of skepticism. I heard you guys on KRLD one Saturday morning while riding my bike. I heard the program and Kevin was your guest, I think. After I returned home I read every word on your website and watched or listened to every link. Needless to say, I was seriously intrigued.

I was a practicing CPA for 8 years before I entered law school and worked for international accounting firms like BDO Seidman and Coopers and Lybrand. I even taught for a couple of years as an adjunct professor of accounting at Cox School of Business at SMU. So I can do the math and am always interested in any mathematical analysis.

I bought the book. My approach was to find the holes in your approach, get to know you guys and wait on the eventual lawsuit. It is a simple business plan I have used to build a law practice that now includes 7 lawyers. But the book intrigued me in a way no other financial strategy had.

Intrigued, I took the 2 day intensive (twice). That's a great deal of money to spend for something you don't believe in. I opened an account at optionsxpress. The whole thing. Transferred 200k out of Fidelity and into the optionsxpress account. I decided to find out if this is real or not.

One thing I have learned in working in my business is that if only a few people are "on the inside" then you can expect some shenanigans.

And that is what impressed me about CSE. It wasn't just the two of you peddling your snake oil across the metroplex, you were dragging every client that was agreeable all over the globe with you and putting a different one each week on the radio. I personally met over 20 people that volunteered they were obtaining more than 4% returns per month. You have 15 or 20 people on the website giving audio presentations. In my practice I have learned that a conspiracy must be limited in scope if it is to be successful. You guys cannot be part of a conspiracy to defraud the public, there are just too many people involved. So now I was really intrigued.

My Lawyer/CPA instincts told me that the average investor gets into 10 positions in a month and one goes bad. So it has to be managed and the return is nil. And this had to be the weakness.

Eventually they have a portfolio of nothing but stocks that are going down and have to be managed, usually at little or no return.

I had a wait and see attitude, but I was certain that I would either be your biggest critic or your biggest fan in six months.

I "learn by doing" and so contrary to your advice I jumped in with both feet. 20 positions. All but 2 were entered following the rules very closely. The numbers were staggering. I have previously told you the return was about 4%, but that was before May 19. In review of the period ending May 19 it appears the return for the first month will be about 6%. How could this be?

I once had an insurance salesman tell me that "for every gimme there's a gotcha." Words I have learned to live by. So I waited for the gotcha. Then May 19 came.

The market had a big correction in the week before the callout date, May 19, 2006. And suddenly I went from singing "we're in the money" to wondering what I was going to do with all these dog stocks I owned. Of the 20 positions only 3 were called out. Now I had 17 positions to worry about.

Management of these positions is more intriguing and more fun than entering them ever was. The TSS method of managing these stocks is genius. And almost makes me wonder why I would ever sell any of them.

Why not just keep making the returns on the devil you know? All of these stocks go up and down and do so in a pretty tight, predictable pattern. You could conceivably enter and exit a couple of TSS positions a month on these guys.

In the first week of this option period that will close June 16 I have already locked in a return of at least 3% for the month and will undoubtedly do much better as I have several positions that have not been ready for a TSS. And that return is with only entering a couple of new positions.

Have you ever seen a new gadget at Home Depot and wondered, "Why didn't someone invent this years ago?" That is how I feel about you guys. Why am I 46 before I learn of this process? Don't know, but I am grateful it happened now.

Originally my plan was to retire at 60, but I think we can move that date up about 8 or 10 years, don't you think?

I just wanted to wish you, Aaron and Sylvia a very happy holiday season and a great year ahead.

I also wish to say that after being a client of yours for 16 months, this year I'm closing out at an average monthly rate of return of 4% to 5 % on my covered call portfolio.

I had a few problems with the LEAPS portion of my portfolio, but those were entirely due to lack of patience and a few cases of inadvertently breaking the rules. At the moment, I'm entirely in covered calls since that's what I'm most comfortable with.

I look forward to meeting all of you and the presenters in the Master Class in Feb which I am attending in person.

As long as I maintain this level of returns, I'm on target to earn more income through covered calls than my monthly salary within the next year.

I really enjoy the CSE radio show and look forward to financial training and a bit of entertainment from you guys each Saturday morning. I wanted to share with you and your clientele how Aaron assisted my with a position that I was in that was causing me concern.

Needless to say, I entered into a 10c Rule position in MNST, BTC the call for 30c loss and the stock began to waiver for a couple of weeks. The stock then entered into an easily recognizable down trending pattern. Two days after I sold a secondary call using the FSDR technique, the stock headed north for several days before I recognized the formation of a new up trending channel. Unfortunately, I was still hanging on to the call.

I kept reminding myself what Joseph said at the Two Day Intensive "not to sell a Stock or call for a loss". Aaron worked his magic and I was able to pull $700 from my profits in the LEAPS using the SLR technique, which was a nice move. The stock continued to progress upward for about two months when Aaron once again came to the rescue by applying the SSR technique. At this point in time, I had $1440 profits in the LEAPS but the call had a $2445 loss.

The restructure cost for this position was $373 per contract ( I had 3 contracts). But it turned a "stuffed up" position ( as an infamous Ausie radio announcer might say) completely around.

Following the SSR, the newly restructured position allowed the following to occur:

I had recouped the full restructure cost plus an additional $250 profit. My initial cost for the LEAPS in this position was $2400 while my profits in less than 5 months was $1184 (49.3%).

That's a darn good return for a position that I did not manage properly and I am thankful for the techniques that you guys continue pull from your ever increasing bag of tricks. I am amazed!

I attended the 2 Day Intensive Seminar presented on 5 & 6 November, 2005, in Dallas. January, 2006, was the first month I was able to become fully invested, trading LEAPS and covered calls on a full-time basis, with all funds (approximately 60% in an IRA with BrokersXpress and 40% in a joint account with Interactive Brokers). My total return for January, was 10.38%.

I believe this is an excellent start based on the Herd Talk CD testimonials made by George and Aaron who stated they were attaining 9 to 12% returns per month after the first two and one-half to three years of practicing the CSE LEAPS strategy and rules (note - these Herd Talks were produced in 2004).

The purpose of this email is not to brag about my early accomplishments and success, but to pay tribute to all of you (Joseph, Sylvia & Aaron) for providing the 2 Day Intensive Seminar, the accompanying CSE manual with 11 Herd Talk CD's and your incredible support.

My early success is the result of what I learned in the seminar, from the newly revised manual that explains in great detail the strategies and rules for success and from the Herd Talk CD's which bring all of the strategies and rules to an even greater understanding based on practical application by some of your clients.

The CompoundStockEarnings strategies and returns go beyond being "too good to be true". CSE is the real thing. Thank you so much for teaching me this incredible trading strategy.

I just wanted to drop you a quick note. I was the tall, skinny guy in the back who took your class and asked a lot of questions.

I just wanted to give you some results of my trades. I started with a Roth IRA account I opened in 1999. I put in $2000. I invested it into a "growth" mutual fund. When I transferred it to my new IB account I had a total of $2449. So in 6 years I made $449. Not great but at least it was not negative.

I took that $2449 and started with my first covered call trade on August 23. I've made a series of trades since then (even bought back the call and sold the stock in some instances). I'm happy to report that as of yesterday I had cash settled my account of $2872. So in 4 1/2 months i made $423. All of my trades have been between 3% - 6%.

So now that I've verified this method works, I have taken a 401k loan of $20,000 to invest. I opened a new IB account and I am ready to begin trading (I received an email that my account is now funded).

I wanted to ask one piece of advice. I know in our class you recommended to diversify among several stocks. How much do you recommend I put into any given stock? Maybe $2.5k - $5k? that would give me between 4 - 8 different stocks. Do you think that is still too concentrated? Please let me know your thoughts.

I haven't had a chance to let you know how Janice and my investments have been doing since we took your course in July. After taking about a month to get our IRA opened at IB, we started trading on August 29 th. Since then (3 1/2 months), we are up more than 18%. We have been following the CSE Fund investments for the most part with an occasional Last Minute Covered Call thrown in when the funds are available.

Thanks again for helping us learn these methods. I look forward to hearing from you.

Don H., - Dallas

Hi Joe (and Aaron) -

Just wanted to send a thank you note concerning the 2-day Intensive Seminar that I attended on-line last week. It was absolutely terrific and very timely in that I had some missing pieces I really needed clarification on.

For a long time I had some confusion over some management techniques with LEAPS in particular, but those became crystal clear after seeing the examples that you and Aaron walked the group through as well as the exercises provided in the workbook. Let's just say that the lightbulbs have finally gone on! More than once during the seminar I caught myself leaning back in my chair and looking up at the ceiling and nodding my head in acknowledgment of the mistakes I had made or the actions I didn't take in past LEAPs transactions.

I should inform you that I started doing LEAPs shortly after opening my account with OptionsXpress and shortly after receiving your initial binder I bought for $70 back in early 2005. Why did I start with LEAPs first, you may ask?

Well, because I was one of those so-called "street-wise" knuckleheads with their Series 7 certificate that think they know everything about finances and investing .

I was so naive and so arrogant in thinking that I could make money doing this simply because I passed a securities test. I learned very quickly that you may have a license to drive a car but that doesn't make you a good driver. Needless to say, I jumped right in behind the steering wheel and floored it. Boy, what a big mistake that was!

It did not take me long before I realized that going full speed was not going to cut it. I needed to slow down and check out the road signs and abide by the rules. It was a humbling experience as well as a rude awakening........ but a much needed one. After learning that tough lesson about patience and humility, I began switching gears and got down to the basics of covered calls. If there are 12 steps for Idiots Anonymous as there is for alcoholics, I was now taking step one. (Maybe you can blame it on my nationality....after all, I am of 1/2 French descent). Anyway, after 3-4 months of almost completely ignoring rules that you preached and losing some considerable $$$ in the process, I realized I needed to buckle down before my money ran out. I logged onto my Power Options tool, that on-line tool that I had filled in the required information from your binder but never used, and began selling covered calls.

Now, after 6 months, I am doing great and at the present time making over 5% per month. It is amazing how much confidence you can gain when you are actually making some money and doing things the right way. I just needed to completely adjust my mindset and follow the set of rules that you laid out if I was going to succeed. Why I was making something so simple, so hard, I'll never know.

It made me extremely happy that you and Aaron emphasized at the seminar more than once that you need to invest with Covered Calls before moving on to LEAPs. I am the poster boy of someone who didn't do that and I got beaten up because of it.

Once again, I loved the seminar and will be plugged in for any new changes that arise and will make every effort to attend in person when I get the chance. The on-line seminar worked great, but it isn't quite the same when you can't interact and network with other people. I truly believe, as you said at the end of the seminar, that we now should have the management tools necessary not only to make a great deal of income, but, most importantly also have the tools and knowledge to NEVER lose any money ever again. In my case, this statement couldn't have rung out more loud and clear than it did. Also, I just want to add one more thing. Since attending the seminar, it made me seriously start envisioning the bigger picture and the financial impact this could have on my life, my family, and my retirement.

It had occurred to me very early on when I was reading your binder about a year ago, that if a person takes the time to learn all this great information and apply it, you will not have to worry about Social Security running out. You will not have to worry about how your kids will attend college. You will not have to worry about being laid off from your job. You will not have to worry about how you will care for your parents in their old age. You will not have to worry about where the mortgage payment will come from, how you will pay medical expenses, how you will pay for your daughters' weddings, how you will fix up your house. You will now have the tools and the knowledge that will make that difference and make it a reality. All you really need is discipline and patience which I lacked early on. Joe and Aaron, thank you again for the 2 day "intensive boost". It was extremely inspiring (as you can probably tell from my rattling on and on in this note) and worth every penny I paid for it.

Tom S., - Minnesota

Joseph,

Thanks for your reply -- that's basically what I thought.

Things are going well -- I'm now up 70%, assets, and 49% realized gains, and I placed my first Leap last April so I'm very pleased.

However, this is very addictive...I jump out of bed every morning and go directly to the computer...I don't even read the newspaper anymore until maybe later in the day.

Is there any hope for addicts?

Debby P., - California

Hi Joe,

Just wanted to say again how much the 2 day seminar has improved my trading, especial on the leaps. Before the seminar I was being very indecisive on when to sell the secondary calls and lacked confidence in finding my own leap positions. It is really starting to reflect in the bottom line in my account, over 10% the last 15 days.

Thanks again to you and Aaron.

Regards,

Brent S., - Oregon

Aaron - Thank you for your reply. It confirmed for me that my CPR thoughts are on track, since I already made the trades today. Now I can sleep good tonight!

I've been doing this since mid-12/05, after attending the L.A. Seminar 10/05. I transferred some funds to BXpress and haven't been the same since. I'm the one who had 8 tech stocks that have been vegetating since the market crashed about five years ago. All these stocks have a very high c/b, but I've been able to trade out of 3 of these with an average profit of 5%, using the covered call techniques you and Joseph teach.

I've replaced these 3 stocks with new stocks/covered calls(Feb 06 exp date). Before I did these trades, I spent about one month practicing the techniques on virtual trading with BXpress. My education continues with learning the CPR method, while looking for opportunities to use these CSE techniques on the other 5 original stocks in my portfolio.

I haven't done any calendar leaps yet, because I remember your warning to all of us in the seminar that we should have at least a minimum of 6 months experience doing covered calls first. I wasn't very good at listening to my mother, but I've been pretty good at listening to you - money talks!

Anyway, these CSE techniques are so AWESOME that I can't help but think about it all day long! Thank you for being available for me when I have questions/thoughts. Am I doing well? Heck yeah!

Thanks to you guys - and I'll be doing even better as my CSE education continues!

Lucy K., - California

Hi Joe (and Aaron and Sylvia),

Merry Christmas and Happy New year to all of you! (although it might be after Christmas when you see this...)

I was reading today's CSE update (12/24) and saw the client e-mail from Roland . I would like to offer some feedback to Roland, if I may. Can you please forward my comments to him, if you feel they are appropriate?

Roland - glad to hear another "computer nerd" is investigating CSE. Let me assure you that you certainly can do what your friend is now doing (investing using the CSE techniques). Being a software engineer by trade, that also puts me in the "computer nerd" category. But you don't need to have a lot of financial training before you start using the techniques taught by Joe and Aaron. In fact, it may even help, since you don't have a lot of habits to "unlearn". Being in the computer field, I'll assume you are used to following the rulebook, in a sense. I don't know what you do specifically, but if you are on the network side, you know that following the design intent of the topology and protocols makes everything work much smoother than if you tried to make up your own rules. If perhaps you are involved with software design and/or maintenance, as I am, you know that each program has a certain design, is intended to do things a certain way to meet business requirements, and might even have a particular language best-suited to the task.

Using the CSE techniques is very similar. If you are a good student of the techniques, e.g. take the 2-day Intensive Seminar (this lays the ground work, to ensure you know what you are doing, at least to some degree!), and pay attention to the details when necessary, you certainly can make the returns Joe talks about. This is my third month of using the CSE techniques. My wife and I have 2 accounts - one at optionsXpress that I manage (my "earn and learn" account); we use this to generate monthly cash flow for our household budget. The second account at brokersXpress is the managed/auto-traded account for capital appreciation/wealth-building (the "leave the money in and let it grow" account).

Here are the returns this computer nerd has achieved in our optionsXpress account: November: 6.26%; December 5.59%. And we're on track to be between 6.1 and 6.9% for January (by the third Friday in Jan). Note that since we intentionally take the gains out of this account each month, these returns are calculated including all optionsXpress commissions and fees, and with the simple interest numbers; using compound interest calculations the return rates are even higher. So, as one computer nerd to another - go for it! You'll be glad you did.

Thanks Joe,

Ron C., - Louisiana

Dear Joe

May I express my appreciation and thanks to you for the great on-line seminar this weekend. I've been a subscriber to the LEAPS Selections for about two years and have purchased most of the herd talks, but the seminar really brings it all together for me.

Having traded stock and options for about 15 years and subscribing to any number of news letters and services I can say yours is the only one that has consistently made money for me in both good and bad markets. For anyone thinking about subscribing to your service, taking the seminar will be money well spent. I would strongly endorse the recommendation from the seminar that anyone just starting do stocks and covered calls for a few months as a good low risk way to learn and become comfortable your techniques. While I’m doing both, CC and Leaps, the CC requires much less management then the Leaps.

Thanks so much

Brent S., Utah

Dear Joe

I was a former options trader for a few years, with mixed results. My partner, Kyle, and I began tracking your daily recommendations of Covered Calls and LEAPS.

We have been trading LEAPS for about 9 months now. We have actually averaged 20.85% per month. That is an annual return of 241%.

We have added funds to our investment company and plan to make this a full-time career. There is nothing like it! Thank you for getting us kick-started."

David S., California

Joe,

Thanks for all the information in the Online Intensive Seminar last weekend.

I have sold covered calls on and off for five or six years, but I learned some incredible new tricks. You guys have made a real science of covered calls and how to manage them.

Regards,

Lanier D., Louisiana

I have been a client of Joe's for a little over a year now and have come a long way in my understanding and practice of his techniques. I new absolutely nothing about any of this when I started and after two one-on-one seminars with Joe and much reading and studying I have "found my niche" doing conventional covered calls.

Starting with a small IRA account I have been able to grow my investments at a rate that is currently averaging 6.7% per month as of June 17th. This new month is going so well that my average should be a little higher by the end of July.

I am well on my way to meeting, and probably exceeding, my goal of 60% per year. I try to be very conservative in my approach (doing mostly ITM calls) and never enter a trade unless it will return at least 5% on a call out. Many times I have been able to buy back the calls and lock in a nice gain with 2-3 weeks remaining in the month and then sell a second call that results in almost doubling my anticipated gain.

Needless to say my dad and I are very pleased to be a part of the herd.

Thanks again.

Tim W., Fresno, CA

Dear Joe,

What an outstanding seminar you gave in Dallas! Dad and I both agree that we have not had a better seminar experience, and we’ve been to many!

It was great to meet you! Awesome! And Pat, Sylvia and Aaron!

I can’t wait to go to another 2-day seminar to further refine my use of the technique, especially the subtle aspects. Nothing really replaces being there to accomplish this. So thank you for doing everything you are doing.

I am sending you some products from our company (Faultless Starch/Bon Ami
Company) for you to enjoy! If you have any extras, please give them to your friends; that is often the best endorsement we have ever found!

Pat will love the candles! They are highly fragrant and we only sell them to upscale boutiques (as we are constantly seeking ways to diversify, by the way).

I can’t make New Orleans (or I would), but I’m looking into the following one in October!

Please accept the best of everything from us! And thank you so much for being and doing all the wonderful things you are!

Sincerely yours,

Bob Beaham
Vice-Chairman and Co-CEO
Faultless Starch / Bon Ami Company

Joseph,

I wanted to thank you for the great two day internet seminar held this past weekend.

Your and Aaron's presentations were the best I've experienced on option writing or any other subject.

It made grasping all the nuances of your technique relatively easy and enjoyable as the materials and presentations were "WORLD CLASS".

Thanks again for a great experience.

Doug B., Mexico

Dear Joe:

I have been a CSE client for about 12 months. I can't say enough about how pleased I am with the training, advice and service I have received from Compound Stock Earnings (CSE). My overall gains to date are about 55%.

From a very basic knowledge of covered calls I have progressed to knowing how to write and manage covered calls for consistent 5-7% per month gains plus how to write and manage Calendar LEAPS spreads from the top to the bottom of the price chart for consistent 5% plus per week gains. One nice thing is that with CSE you are always learning new techniques that in turn make their investment methods both profitable and challenging.

During the relatively short time I've been with CSE I have developed a very secure feeling of being in control and able to make good money regardless the way the markets go.

Don M., Arkansas

Joseph/Aaron

Just a quick note to say thanks for the super presentation over the weekend. It is certainly something I would thoroughly recommend to anyone thinking about beginning your technique, and it does us 'old' hands a power of good as well.

If I knew then what I know now I am sure my trading would have been a whole lot different and certainly more profitable :-)

Simon H., New Zealand

Good afternoon Joseph,

I hope all is well. Just a quick note to express my gratitude for the service that you provide. As you are certainly aware there are innumerable "investment services" available on the Internet.

Many of the services make unrealistic claims that present substantial risk to the investor and are based on speculation. I had been looking for an investment methodology that suited my personality, low risk high reward. I was beginning to believe that such a thing did not exist and that people making money investing in the stock market were all just throwing dice. Fortunately I had not jumped in to these schemes, but continued to search for a realistic and conservative way to grow my money.

That is when I found your site and the straightforward way the information was presented appealed to me, so I ordered your book. I was not immediately interested in the LEAPS and wanted to focus on learning your techniques doing "conventional" covered calls. I had been familiar with the term but my money was being managed by a large "buy and hold" firm and they never recommended the strategy. While I have only been at this for a few of months, the results have been very encouraging.

I am conservative and look to own stocks of solid companies so 2/3rd's of my money is in my version of dogs of the DOW and 1/3rd is in solid companies with a bit more volatility to help me achieve my overall yield. This strategy is yielding me between 3.5 and 4.5 % per month and because I have no need for current cash income I am able to use the cash flow to build my cost basis every month.

Stocks go up and stocks go down, but taking the cash yield and purchasing 100's of additional shares every month is a great way to grow wealth. I know this is a long term program but I am confident that If I make a 3-4% yield on my cost basis every month I have no choice but to grow my assets over time.

Also I have enjoyed our one-on-one seminars and I look forward to working with you long into the future. I learn something new each call and I appreciate your low key style, you truly are convincing me that there really are no problems and if you simply follow the rules and use your techniques that all will work out in time. I find this to be the lowest stress investment method I can imagine. Opportunity exists when prices go up and when prices go down all you need is a little patience.

Thanks.

Colin M., Connecticut

Joseph:

Just a quick story - each time I go to the bookstore, I make a point to flip through any and all option books that I can get my hands on. Specifically, I look for topics and discussions over covered calls and calendar spreads and while some books (not many) get into these strategies, I have not found one yet that talks about selling covered calls on a monthly basis. Better yet, I have not found a book that discusses how to implement an intelligent covered call strategy without getting into quantum physics and the like. Everything I've seen is strictly theoretical and avoids addressing the practical nature of the strategy. To make a long story short, your website and correspondence make it extremely easy for even the most basic investor to understand. A job well done!

--Mike

Hi Joe,

I became a client back in February and couldn't wait to get going on your one-on-one, 30 day seminar. While I was waiting my turn for the training, I kept reading your emails and the ones you publish from your other clients which tell about the great percentages they are making on their money. Now, at last, I too am making those great percentages and trades I used to read about. I feel it is all because of your knowledge and patience in teaching me to avoid mistakes and get the most from my money through the compounding technique.

The money I used to fund my account will be the last big chunk I will ever get in my life and I could not afford to waste it away experimenting on my own. As you will remember, I made the fee for the seminar back on my first trade.

I have taken other seminars that only last a week-end for five times the money and gotten ten times less information. The simplicity of selling covered calls and working with LEAPS is astounding. For the first time in my life I feel comfortable about my financial future.

Thank you so much for your help.

--George

Dear Joseph,

You are the best thing that has happened to the U.S. financial markets since the change to negotiated commissions on stock transactions. Your simple monthly covered call technique clearly makes true sense in stock markets distorted by crazy expectations and "smoke-and-mirrors" information. Thank you for educating this cynical senior citizen on a better way than "buy-and-hold" to invest. A better way that focuses directly on building assets by creating income. I read your daily e-mail updates with joy and lean much from each one. I have started to use your techniques to buy stocks and sell calls with happy results so far. I am still unlearning and learning. But, gaining experience and excited about future progress. Thank you Joseph.

Again, I really appreciate all your help and guidance. As my granddaughter would say, "YOU'RE THE MAN!"

--Bill

Joseph,

I met a fellow CC writer online and referred him to your site. This guy seems to have enough money in CC transactions to quit his job and do CC's full-time, but he's afraid to make the commitment because he's worried about how the market has been acting lately...he's worried about his "total return"! His cash return has been phenomenal, but he can't get past the total return thing. How long does it usually take to reverse our lifelong, destructive "total return" mindset? It's so refreshing to leave that "lifestyle" behind...it's almost like being a recovering alcoholic. I still stumble occasionally, as you witnessed last week, but it's getting easier every day. You're investment approach is like AA for stocklosers! Also wanted to let you know also that we are anxiously awaiting the new technique you spoke of below! Thanks!

--Jeff

Dear Joseph:

Thanks you so much for all the wonderful e-mails. Your instruction on covered calls is phenomenal! I have done covered calls before, but the "wrong way." I picked the wrong stocks for this strategy, never bought back any calls, was always looking at the total account value, and had no idea how to manage the positions, etc., etc. I have learned so much in the past 2 months and am very excited to get started when I receive my trust disbursement. I'll be starting from scratch with cash and a blank slate! My thought is to diversify right away with at least 5 stocks at 400 to 500 shares per stock. I will open a new account for compounding, and use an existing myTrack account for cash flow (living expenses). I'd like to do the option tutor program with you when you have an opening and will let you know as soon as I have a date on when the funds will be transferred. Thanks,

--Christine

Hi there Joseph,

Wanted to give you another quick update on my results to date trading LEAPS calendar spreads. Well, I've been at it for 2.5 months now, and the results speak for themselves. I've made a return of 32% on my original investment capital-that's a return of 154% annualized. And, with the effect of compounding I'm well on my way to making over 200% on my money this year. All that in what has been the worst market in years - most normal investor's would think themselves fortunate to break even this year!

All up I've done a total of 19 LEAPS spreads in my 2.5 months - all except for 2 I have wound up for between 4 and 12% profit. And the 2 I have not wound up are providing me with consistent monthly income and I'm constantly reducing the cost base.

The best part is that at the moment, I am making more than my salary each week just trading the market using your techniques. In the new year I am walking away from the "job" and making this my full time career. I have always dreamed of being able to do this full time, and a ring binder which cost me USD60 (which I would pay USD10,000 for), and your tireless support, has enable me to do it. It really is mind boggling, I have to keep kicking myself because in two or three months I'll be conducting my business on a laptop, anywhere I like in the world.

Thanks again and keep up the great work.

--Aaron

Joe,

Really enjoying the seminar. I think I understand some of the subtitles of the methodology that I did not pick up from reading the book. I was somewhat skeptical when I first saw your website and the claims that were made. After having the privilege of spending a half hour a day with the 'covered call cash cow' master, I believe that I can actually replicate the success you and other clients are enjoying.

I would recommend anyone who can take the seminar to do so without reservation. There are certain things that can't be taught in a book that are essential to the success of this strategy. It is worth the price of the seminar just to get a glimpse of the thought process that is required.

We have paid for the seminar twice so far and we have not yet been fully invested. Best $500 I have spent for an investment seminar.

Thanks.

--Glenn

Individual results will vary. Past results are not indicative of future performance.