May 17 2024, 04:46 AM
QUOTE(Ramjade @ May 15 2024, 07:19 PM)
Selling options + dividend investing. Selling options allow me to do early FIRE than when I can actually FIRE if I were to depend on dividends alone. It's able to generate like 70-100% of my monthly salary per month.
Dividend is super slow and need huge capital. Take the premium from options with salary and buy.
1. Quality companies regardless if they pay dividends or not.
2. If they pay dividends, my criteria is at least 10%p.a raise in my dividend ls for past 5 years.
Options is basically like another me earning money.
Eg.
Me say earning RM10k/month
Options can help by contribute another RM7-10k/month
Dividends help by extra RM2100/month.
Above numbers are just example. You get the idea.
On selling options, what is your average % of gains monthly? Friend told me his average spread out for 2023 was 3%/month. His moomoo acc balance has grown usd60k in last 3 months. He has not lost since doing sell options whether market up or down. What is d best way to learn selling options?Dividend is super slow and need huge capital. Take the premium from options with salary and buy.
1. Quality companies regardless if they pay dividends or not.
2. If they pay dividends, my criteria is at least 10%p.a raise in my dividend ls for past 5 years.
Options is basically like another me earning money.
Eg.
Me say earning RM10k/month
Options can help by contribute another RM7-10k/month
Dividends help by extra RM2100/month.
Above numbers are just example. You get the idea.
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