Get Naked For Income

摘要

Safety and income. It's what investors crave these days. Everyone is nervous about the stock market and Bernanke's bond bubble. Safe sources of income like bank CDs and Treasury bonds pay next to nothing. Muni yields are a joke, plus many are fraught with risk.But there is another relatively safe way to generate income that most investors rarely consider. Stock options. Options need not be speculative. They can be a smart way to generate income and manage portfolio risk. Discount brokers offer a host of free online tools to educate you about options and keep you from trading your way into the poorhouse.This new column is devoted to the investment advice and insights of outstanding self-directed investors whom I call the Warren Buffetts Next Door.