Earn Extra Income with Fully Paid Securities Lending

Sometime in 2020 one of my brokers, Ally, sent me an email asking me if I'd like to earn a little extra money by lending my stocks to short sellers. As a fan of making extra money I obliged and thought nothing of it. Fast forward to January 2021 and I checked my account's cash … Continue reading Earn Extra Income with Fully Paid Securities Lending

Generate Ridiculous Income with Covered Call ETFs

If it isn't abundantly clear, I love dividends. They're super passive and if you buy great companies, you get the trifecta of income, capital appreciation, and inflation beating income growth. However, there are some potential downsides to a simple dividend growth investing strategy: Smaller universe of stocksPotentially lower incomeSomewhat limited upside because dividend paying stocks … Continue reading Generate Ridiculous Income with Covered Call ETFs