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Cash Flow Stock Investing: Generate Monthly Income from Covered Calls & Dividends
Curious about reaching your financial goals faster? Would you like to generate a consistent, monthly stream of income from your stocks? The challenge is in figuring out what does & doesn’t work in today’s changing investment landscape.
It can be frustrating trying to determine how to best invest in the markets.
Should I invest in mutual funds or individual stocks? How do I protect my hard-earned investment capital from the constant swings in the market? Why is it that some investors can create double-digit annual returns while others struggle to break even?
Discover some of the most revealing stock investment tips and insights from OVER TWO DOZEN, nationally-recognized investment & financial educators.
Dive deep into the specific action steps to take to become a successful do-it-yourself investor.
No longer will you have to give up control over your investment capital & depend on a mutual fund salesman or financial advisor to park your money where you’ll earn lack-lustre returns or pay exorbitant fees.
Learn how to create a positive mindset that mirrors those of other great investors mentioned throughout the book. Begin to develop your edge in the markets and increase your level of confidence in your wealth-building skills.
You’ll tap into the wealth-creation power seen in the world of dividend-paying stocks & covered call writing.
Cash Flow Stock Investing is based on the FAST Approach to investing in the markets. The FAST acronym stands
Finding wonderful stocks. Assessing their potential. Selecting the right strategies. Timing when to enter and exit positions. Learn how to increase the velocity of your money by positioning yourself in better and better investment opportunities.
No longer will you sit on dead money that isn’t moving you forward towards your financial goals. By increasing the velocity of your money with income streams coming from writing (selling) covered calls & dividends, you’ll be able to achieve your goals that much faster.
You’ll also benefit from
3 investing myths that dissuade most investors from taking action. How self-made millionaires manage their finances & what you should be doing. Why you should sell monthly covered calls on your stock and how easy it is to do. The top 10 variables you should use when quickly assessing a company’s merits. How to protect your capital in down-trending markets. How to best “optimize” your timing moving into & out of the markets. When is it “appropriate” to sell your stock. In the spirit of Alan Ellman’s book “Exit Strategies for Covered Call Writing” and Matthew Kratter’s book “Covered Calls Made Easy”, you’ll look at stock investing in a new light and have greater confidence in your money-making ability whether the markets are trending higher or lower. No longer will those ever-prevalent market swings cause you grief.
It can be frustrating trying to determine how to best invest in the markets.
Should I invest in mutual funds or individual stocks? How do I protect my hard-earned investment capital from the constant swings in the market? Why is it that some investors can create double-digit annual returns while others struggle to break even?
Discover some of the most revealing stock investment tips and insights from OVER TWO DOZEN, nationally-recognized investment & financial educators.
Dive deep into the specific action steps to take to become a successful do-it-yourself investor.
No longer will you have to give up control over your investment capital & depend on a mutual fund salesman or financial advisor to park your money where you’ll earn lack-lustre returns or pay exorbitant fees.
Learn how to create a positive mindset that mirrors those of other great investors mentioned throughout the book. Begin to develop your edge in the markets and increase your level of confidence in your wealth-building skills.
You’ll tap into the wealth-creation power seen in the world of dividend-paying stocks & covered call writing.
Cash Flow Stock Investing is based on the FAST Approach to investing in the markets. The FAST acronym stands
Finding wonderful stocks. Assessing their potential. Selecting the right strategies. Timing when to enter and exit positions. Learn how to increase the velocity of your money by positioning yourself in better and better investment opportunities.
No longer will you sit on dead money that isn’t moving you forward towards your financial goals. By increasing the velocity of your money with income streams coming from writing (selling) covered calls & dividends, you’ll be able to achieve your goals that much faster.
You’ll also benefit from
3 investing myths that dissuade most investors from taking action. How self-made millionaires manage their finances & what you should be doing. Why you should sell monthly covered calls on your stock and how easy it is to do. The top 10 variables you should use when quickly assessing a company’s merits. How to protect your capital in down-trending markets. How to best “optimize” your timing moving into & out of the markets. When is it “appropriate” to sell your stock. In the spirit of Alan Ellman’s book “Exit Strategies for Covered Call Writing” and Matthew Kratter’s book “Covered Calls Made Easy”, you’ll look at stock investing in a new light and have greater confidence in your money-making ability whether the markets are trending higher or lower. No longer will those ever-prevalent market swings cause you grief.
278 pages, Kindle Edition
Published April 18, 2018
68 people are currently reading
5 people want to read
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Displaying 1 - 8 of 8 reviews
December 31, 2019
OK, I do not recommend this book. I am sorry but I was growing more and more frustrated as it was more and more re-chewing what has already been written in other books (Douglas, Kiyosaki , Eker, Stanley)... and the practical application and advice on the strategy was missing (30% of the book).
On page 85 we got into money making advice such as "pay yourself first", "automate your contributions", "sell stuff around your house", "make more money" (seriously?), "leverage OPM", etc. Isn't this book to be about generating cash flow and monthly income from covered calls and dividends? Why the heck was the book going through this crap like "selling your old socks" to raise cash? If you google a term "how to make extra money" you will find a bazillion of cheap websites and blogs posting the exact same advice. So why the heck is it in this book? I really felt like reading these "25 totally legit ways to make money" blogs (for which I already grew allergic to as they give you some vague list of total nonsense.
Another blunder in this book: The author advises to max 401k and then max contributions to the IRA.
So, first, maxing out 401k and IRA per year is 25,000 a year! (19000 for 401k and 6000 for IRA). How many people can do that before start investing into an individual account to create a stream of income from dividends and covered calls this book is supposed to be about? If the heck I can save that much money every year, I would definitely put it into taxable account, and use the exact strategy this book is trying to be about.
And if you ask me why I would rather invest in a taxable account and not maximize 401k and IRA, then the response is simple. If you look at the time when you will be legally and without penalties to tap into your 401k and IRA then you find out it will be when you are 60-ish years old. This book however, wants you to create a stream of income which you can "fast track" (this term was found in the book across the entire chapter #2 bazillion times), and use to pay your bills and other expenses, then you cannot do it in those accounts unless you are OK with the terms that you will not be able to use that income until after you reach 59 1/2 years of age. So, if you are in your 30s and been lucky to save $25,000 every year, you locked your money for the next 30 years (which by the way, this book is also advising against (it advocates liquidity and then tells you to lock your money in 401k).
And second, and again, what is all this have in common with dividend and covered calls strategy? Nothing! This book is a hotch potch of a financial advice and the title is misleading. Maybe, further chapters down the road may finally start talking about the topic, but I am not willing to go through this mess to find out what I probably already know. If you want to learn about a strategy this book is supposed to be about, then go and read Alan Ellman's book on Covered calls. He is not going to take you on the road of stuff such as debt repayment, 401k ans IRA contributions, psychology re-chewing Douglas's book, etc. but will cut to the meat directly.
Sorry, I gave up on this book. Do not waste your time.
On page 85 we got into money making advice such as "pay yourself first", "automate your contributions", "sell stuff around your house", "make more money" (seriously?), "leverage OPM", etc. Isn't this book to be about generating cash flow and monthly income from covered calls and dividends? Why the heck was the book going through this crap like "selling your old socks" to raise cash? If you google a term "how to make extra money" you will find a bazillion of cheap websites and blogs posting the exact same advice. So why the heck is it in this book? I really felt like reading these "25 totally legit ways to make money" blogs (for which I already grew allergic to as they give you some vague list of total nonsense.
Another blunder in this book: The author advises to max 401k and then max contributions to the IRA.
So, first, maxing out 401k and IRA per year is 25,000 a year! (19000 for 401k and 6000 for IRA). How many people can do that before start investing into an individual account to create a stream of income from dividends and covered calls this book is supposed to be about? If the heck I can save that much money every year, I would definitely put it into taxable account, and use the exact strategy this book is trying to be about.
And if you ask me why I would rather invest in a taxable account and not maximize 401k and IRA, then the response is simple. If you look at the time when you will be legally and without penalties to tap into your 401k and IRA then you find out it will be when you are 60-ish years old. This book however, wants you to create a stream of income which you can "fast track" (this term was found in the book across the entire chapter #2 bazillion times), and use to pay your bills and other expenses, then you cannot do it in those accounts unless you are OK with the terms that you will not be able to use that income until after you reach 59 1/2 years of age. So, if you are in your 30s and been lucky to save $25,000 every year, you locked your money for the next 30 years (which by the way, this book is also advising against (it advocates liquidity and then tells you to lock your money in 401k).
And second, and again, what is all this have in common with dividend and covered calls strategy? Nothing! This book is a hotch potch of a financial advice and the title is misleading. Maybe, further chapters down the road may finally start talking about the topic, but I am not willing to go through this mess to find out what I probably already know. If you want to learn about a strategy this book is supposed to be about, then go and read Alan Ellman's book on Covered calls. He is not going to take you on the road of stuff such as debt repayment, 401k ans IRA contributions, psychology re-chewing Douglas's book, etc. but will cut to the meat directly.
Sorry, I gave up on this book. Do not waste your time.
September 13, 2023
Insightful Road Map for Covered Calls
I have read a handful of books on options trading & specifically on covered calls, and this book provides a thorough guide for beginners. I greatly appreciated the case studies that come along with the different strategies. This was very helpful. This book is definitely a supplement to further enhance your trading skills.
I have read a handful of books on options trading & specifically on covered calls, and this book provides a thorough guide for beginners. I greatly appreciated the case studies that come along with the different strategies. This was very helpful. This book is definitely a supplement to further enhance your trading skills.
January 21, 2020
Impressive investing book.
I like this book very much.
It is exhaustive and comprehensive preparatory book on all it takes to have a better grasps on investing.
This book covers more than the covered call strategy.
I will recommend this book for all knowledge seekers.
Well done.
I like this book very much.
It is exhaustive and comprehensive preparatory book on all it takes to have a better grasps on investing.
This book covers more than the covered call strategy.
I will recommend this book for all knowledge seekers.
Well done.
February 9, 2021
Solid book. Not for beginners. If you are familiar with options and have been investing for a while and want to take it up another level this book is perfect for you. It gave me a lot of confidence to be more aggressive with my options. I can say that it will speed up my retirement.
February 17, 2019
Very informative!
Very well structured. Super informative. A lot of value here. Will actually probably reread again soon as a refresher. 5 stars!
Very well structured. Super informative. A lot of value here. Will actually probably reread again soon as a refresher. 5 stars!
December 16, 2020
Great tips but the book requires time to digest and assimilate the content and to learn how to practice what the author suggests.
July 19, 2021
Little substance for the first ⅔ of the book and written in a very colloquial manner, but ultimately the author makes some good points about how to generate income from stocks.
June 9, 2025
Why sooooo long? Sure could have been shorter and crisper!
Displaying 1 - 8 of 8 reviews