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The entire conversation is about using investments to create income, of which substantial portions must be disbursed annually. The original article says that
by rout39574 5y ago
The entire conversation is about using investments to create income, of which substantial portions must be disbursed annually. The original article says that their investments were deployed so that "7% earns me $31.5k per year.".
- xwdv 5y agoSell covered calls on your investments for income and you won’t have to worry about draw downs so much.
- seanhunter 5y agoSelling covered calls is a bet that the market isn't going to go up. In a rising market your equity gets called away so it just gives up much of your upside.