How Rosi and I invested on November 5, 2024

I intentionally mention “Rosi and I” in the title of this post. Why? Women commonly outlive their husbands, who usually handle their money management.

The inability to invest can add significant pain to the emotional trauma of the death of a spouse. Investment decisions like the one I describe below should involve both spouses.

Rosi and I sell (sell, never buy) covered calls or cash-secured puts on SPY, as you see below. We do it at 9:30 AM every day that the New York stock change is open. This method of investing has earned 16% annually for over 100 years.

It takes about five minutes.

Here is how.