Newbie

[mailbagman]

Hi, I am a 64 year old retired government worker. Retired at 55. Took my TSP money and bought dividend paying stocks. Now trading some covered calls to juice up my returns. Mostly I keep reinvesting my earning in my stocks or buying other dividend paying one's.

Always on the look out for ideas that are safe. I look for yield's of 8% to 11%.

 

[HawkeyeNFO]

Hello, Newman!

A newbie since Sep 2011....

 

[MBAustin]

Welcome mailbagman! Sounds like you are doing well, although most of us here wouldn't call investment ideas looking for 8-11% yields safe.

 

[Out-to-Lunch]

Welcome!

 

[Montecfo]

safe--8-11% yields?

Sounds like a self contradiction. Like
jumbo--shrimp or Rapid City---South Dakota.

We could provide better ideas if you tell us some safe 8-11 percent yields you have taken advantage of recently.

 

[MRG]

Sell weekly OTM calls against APPL. You can pick up .75-1% monthly.