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We all need multiple income streams going into the looming recession, but how do we start?
You can sell cash-secured puts on the options market. With enough start-up cash, you can easily generate 20% annual returns.
You can write your way into an income stream if you have little start-up capital. Writing carries almost no risk (except opportunity costs), so anyone can do it. However, with such a low barrier of entry, many people start writing, which clogs the market.
If you are feeling cheeky, you can write about selling cash-secured puts; that's two income streams for one. It may sound funny, but that's what I do. Good Luck!
You can sell cash-secured puts on the options market. With enough start-up cash, you can easily generate 20% annual returns.
You can write your way into an income stream if you have little start-up capital. Writing carries almost no risk (except opportunity costs), so anyone can do it. However, with such a low barrier of entry, many people start writing, which clogs the market.
If you are feeling cheeky, you can write about selling cash-secured puts; that's two income streams for one. It may sound funny, but that's what I do. Good Luck!
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