Updated: August 4, 2017
Worried about a pullback? I don’t blame you. But you shouldn’t stash your portfolio in cash when you can bank this 10% dividend and be protect yourself from a drop in the stock market.
Rather than buying stocks for their payouts and hoping they don’t crash, you can extract more money from them – and protect your downside risk – by “writing” covered calls. And don’t worry, we’re not going to get into an Options 101 course here.
I’m going to explain the strategy to you – and then recommend my favorite fund which is easy to buy, and will do all of the heavy lifting for you.… Read more