So, where are you going to get your income from now?
As anyone who is trying to live off their savings will tell you, the last few years have been painful. It has become an increasingly difficult task to generate a reasonable yield from your hard-earned nest egg.
And that was even before the demolition job carried out by our response to the Covid-19 pandemic.
The stalwart of the British investor — Buy-To-Let — has been hammered by the draconian taxation and rules introduced by successive governments, interest rates are laughably low, bond yields are insignificant, peer-to-peer lending has become the preserve of the rich and some of our most famous fund managers have royally shafted their own investors.
But, at least we had dividends to rely on.
Alas, the Coronavirus outbreak has put the kibosh on many of those payments as well.
So, where is a poor income-seeker to turn to now?
I have a solution.
Generating income by selling covered calls is a well-known and respected strategy amongst the financial elite but it has largely flown under the radar of your average retail investor. I think that is all about to change.
I spent many years investing this way myself before starting to write about, advise and educate other regular folks about this fantastic income strategy that can put regular dividend-like payments straight into your account.
At FIRE Revolution we run fully-supported on-line group coaching programmes to teach you exactly how to implement these techniques in the real world. And we have just released the dates for our next two intakes:
They are Thursday 16th July and Tuesday 8th September.
And don’t worry, using the wonders of modern technology you can access all the videos, notes, downloads, personal support and the all-important weekly meetings from the comfort of your own home.
So, if you are scratching your head worrying about how on earth you are going to generate a liveable income from your savings, why not schedule a call with me and I can answer all your questions and discuss the upcoming programmes.