income

[mark trader]

I have about $50K in savings now just earning 3% interest. I started reading options trading book and realized I might be able to earn a higher return with low risk using hedging or various advanced options strategies.

What strategies are best if I want to utilize this money to generate a consistent monthly income?

 

[jonbig04]

Here we go.

 

[makloda]

Quote from mark trader:
What strategies are best if I want to utilize this money to generate a consistent monthly income?

The best strategy to achieve that is leaving it in your fixed deposit earning a consistent 3%.

 

[MrDODGE]

Quote from makloda:

The best strategy to achieve that is leaving it in your fixed deposit earning a consistent 3%.

We have a winner

 

[trapstar]

Deposit that 50k in my offshore Panamanian account and I will send you 50 bucks a month worth of ghey porn

 

[Cocaine]

People dont want to hear it took that long, dont you know people like quick and easy things and not making any sacrifices

Quote from gamete:

you are in for a world of hurt son

but one day if you make enough sacrifices you will be a master like me

took me 4.5 years BTW

think you can do it faster ??????????

 

[stock_trad3r]

Put your money in stocks like MOS and VISA

no risk no reward

 

[musclemoney]

Quote from makloda:

The best strategy to achieve that is leaving it in your fixed deposit earning a consistent 3%.

Write calls.:eek:

No, Just kidding! You were given the correct advice from makloda.