This second edition will teach you how to increase the yield on your stock portfolio. Its main thrust is capital preservation, not trading. It takes your favorite stocks that you already own or soon will own and increases their yield through the targeted use of covered options. Reading time for this book is just a few hours; however, it is concentrated material. Don’t be skeptical of its brevity; rather, plan to read it when you have the time to review you portfolio as to how it would perform with the ideas and strategies presented.
This third edition was written in April and May of 2020 during the Covid-19 outbreak. It explores the role of the Federal Reserve Bank, what they did, and the ramifications. It discusses how stimulus (both monetary and physical) will impact your portfolio, especially your bonds. And, like the main thesis of the book, gives the you insight into how to counteract the near zero rates on your savings and bond yields. Written by the author of "How to Retire Comfortably on $500,000" this 3rd edition is up to date and eerily timely.