03-06-2014, 05:18 PM
The cash flow comes at a cost of usually under performing the market, especially a rising market. If the cash flow was the only part of the equation, I would be dancing for joy. Still, since both cash flow and defense are my top priorities, this combination of strategies is taking care of current needs and objectives. I'm hoping that dividends and covered call plays will replace the $31K that we took as a distribution for this year. We recouped $32K in distributions last year, but last year was an easy year, one that most anyone should have made double digit gains. So far, on paper, we have recovered $5400 of our $31K 2014 distribution. Still a long way to go with lots of uncertainty for the ten months ahead.
Alex