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Strategies & Market Trends : cash flow investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: architect* who wrote (51)	8/2/2011 1:05:33 PM
From: tyc:>	Respond to of 94

Yes ! It sounds very interesting. Essentially I have a diversified portfolio, and I sell calls to supplement the dividend income it yields... (or perhaps I should say the dividends supplement the calls) Perhaps the weighting of energy stocks is adequate, but I shall take a look ! I don't know what the regulations say, but I can write calls on US stocks so I imagine you can write calls on Canadian stocks. I use TD. Incidentally, the value of my diversified PF is taking a hammering in this down market. Writing calls affords little downside protection but I'm satisfied it provides adequate cash flow for me, leaving my PF intact , although not unchanged !