Dividends are boring. Invest in at least 100 shares of a dividend stock, then sell covered calls on the shares to make even more money.
You are viewing a single comment's thread from:
Dividends are boring. Invest in at least 100 shares of a dividend stock, then sell covered calls on the shares to make even more money.
Covered calls can boost income, no doubt, but they cap your upside if the stock spikes. I’d rather stick to dividends for steady cash flow without the extra complexity. Boring works for me when building wealth over decades
You obviously don't know how to manage the trade properly. If you get assigned, you sell puts to get back in, or just buy back in and sell more calls. It's a pretty simple income strategy that I use for the family hedge fund I am managing. If it's too complicated, you are lazy, lol. Literally make my entire week's income in 1 hour every Monday, lol. So therefore, I literally have the rest of the week to do whatever I want. 43 years old and retired. Keep having fun with your slow roll dividends, lol.