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From $0 To Millionaire | Investing For Beginners with Dumb Money
The Iced Coffee Hour
Sell Covered Calls on Your Shares
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Nobody wants Jack Stocks. That's why you sell covered calls on your shares. That's how you make money in a stagnant market. And that's what I've been doing to hedge against all of my equity holdings during this last kind of downturn or whatever downfall, whatever you want to call it. The only thing that will really actually hurt me is if the stock plummets more than 10%. But I still make money on the appreciation and 10% premium as well.
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highlights
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