Business, Finance & Law      Professional Finance

The Options Wheel vs. Dividends: The Best Passive Strategy (Great Investing)

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Book Details
Language
English
Publishers
Independently published (7 Jun. 2024)
Weight
0.14 KG
Publication Date
07/06/2024
Pages
65 pages
ISBN-13
9798327851634
Dimensions
15.24 x 0.41 x 22.86 cm
Reading Age
6 - 18 years
SKU
9798327851634
Author Name
Joshua King (Author)
My name is Joshua King. My wife and I have been married for 15 years and we have started on our journey to financial independence. Join us on our journey through our magazine, Financial Independence Magazine, and tons of other books! Go to our blog Military Family Investing to find a schedule of free books we release on Amazon!Read more about this authorRead less about this author
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I love being an income investor because I let professional investors do all the heavy lifting. I simply purchase their closed-end funds and earn lovely yields on my money.

However, when I want more control of my money, I use the options wheel strategy. The options wheel consists of selling cash-secured puts and then covered calls.

If you can control your fear and greed, you can earn over 30% annual returns using the options wheel strategy. The best strategy is to leverage both techniques for your portfolio.

Personally, I like to allocate 85-90% to dividends and about 10% to the wheel. Your portfolio is up to you.

Good Luck!. .

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