Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Patent
1998-01-21
2000-05-16
MacDonald, Allen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
G06F 1760
Patent
active
060649852
ABSTRACT:
An automated portfolio management system and method which manages data in a database, and populates the database with data from a data feed off the Internet. The system utilizes double leveraging of funds and purchased index puts as insurance against market downturns, to generate a guaranteed high yield. The double leveraging is accomplished by selling covered calls and using a formula to determine the maximum amount to borrow against the portfolio, and using income from both sources to purchase additional stock. The high yield from the portfolio is protected from market downturns by index puts.
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Assured Equities, Inc.
Dykas Frank J.
MacDonald Allen R.
Meinecke-Diaz Susanna
Shaver Robert L.
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