Wealth Secret: Combining Money-Making Strategies
The most valuable treasures in life are often just combinations of common elements.
The individual ingredients in Coca-Cola (carbonated water, sugar, and caffeine) are well-known. However, the exact method and proportions used to combine these ingredients to create the famous Coca-Cola flavor are a closely guarded secret. This precise combination is what makes the beverage unique and widely popular.
KFC's Original Recipe
Kentucky Fried Chicken (KFC) is famous for its unique blend of 11 herbs and spices used to season its chicken. While the herbs and spices themselves might be common, the specific combination and the exact recipe are a trade secret, contributing to the distinct taste of KFC chicken.
In the pharmaceutical industry, many medications are made from well-known compounds. However, the specific process of combining these compounds, including the ratios and the method of compounding, can be a proprietary secret. This is often the case with medications that have a unique effectiveness or reduced side effects compared to other drugs on the market.
In each of these examples, the value lies not just in the individual components, but in the unique way they are combined, which is often a closely guarded secret.
The secret to the financial success of elite families often lies in their strategic combination of various common money-making avenues.
These families don't just settle for the passive income generated from dividends; they actively engage in writing options. This approach amplifies their earning potential by leveraging their existing assets to generate additional income streams.
As this is a Paid article, we provide example financials with breakdowns and walkthroughs.
Imagine you are a family office manager with $20M in stocks across a handful of accounts.
You watch them go up and down.
You want to generate current income so you can:
buy more shares → yield boost
offset operating expenses → margin/profit boost
Managing a family office with a diverse portfolio of dividend-paying stocks provides a unique opportunity to use options strategies to generate current income.
Here are five strategies you might consider first - then we’ll dive deeper: