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by enos_feedler
1508 days ago
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This is what I’ve been doing. I own high dividend yield stocks with a bit of leverage. I also sell call options against the position for more income. If the stock gets called away I sell put options to buy it back. This is called “the wheel” or triple income strategy. Of course you need to find the right stock and sell the right options. Works great when it works. For true passive though you would need to simply collect dividend with no leverage. Set it and forget it. Of course, depending on your lifestyle this can require lots of capital |
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