If I won 5 million bucks tomorrow, I would immediately do this:


$2m in $VOO
$2m in $Q
$1m in single stocks.
- Sell portfolio secured puts with strikes 10% below the current prices assuming the stock/ETF is near intrinsic value.
-1 year durations MINIMUM.
-Reinvest the put premiums back into more shares/ buy leap calls.
-Portfolio secured, not cash secured.
-Repeat when there is deals for consistent cash flow.
- Keep ratios in check to manage crashes
This is the exact system scaled me to millions, and it can scale you too.
KEEP IT SIMPLE GUYS
VOO1.20%
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