Updated: May 27, 2016
Did you know there’s a reliable way to significantly boost the income you’re collecting from the dividend stocks you already own?
I’m talking about ways you can turn 3% yielders into 8% income generators. And it doesn’t involve leverage or any other risky techniques.
I’m talking about “covered calls” – one of the secrets of turning pedestrian blue chip dividends into cash cows. If you’re not familiar with the practice, read this article on Stock Options Channel about selling calls for income; it covers the basics and is pretty easy to understand. In short, call options are a kind of insurance on stocks, and you can sell this insurance for cash without putting additional capital at risk, beyond what you’ve already invested in the stock.… Read more