24 April, 2023 seen 29
Covered call writing is a popular investment strategy used by many investors to generate income on their existing stock…
This article has been sitting in the blog's draft section since May 2018, I decided I just have to write an answer to this question - would I invest $2,000 in US stocks?
Why $2,000? Apparently, that seemed quite a sum to lose back in 2018. I was just starting out my stocks portfolio and hadn't any idea about stock options.
Here are my thoughts about investing $2,000 back on May 17, 2018.
Hell, yes! That's what I'm actually trying to do right now - quickly gather $2,000 and start acquiring high dividend yield US stocks (preferably paying dividends monthly and quarterly)
I didn't explain more back then, but I guess I was more focused on crypto investments and peer-to-peer lending back then.
Now, how about now, investing $2,000 in the US stock market in 2022? Hell yes. Well, I wouldn't go for high-yielding dividend stocks - instead I would go selling put options for about one year on stocks priced $5-$20 and maybe dollar cost average some good dividend aristocrat stock on which sell call options later.
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