“If you don’t find a way to make money while you sleep, you will work until you die.”
—Warren Buffett
It is essential to understand that the Wheel Strategy we’ll teach here is conservative. You’re not swinging for the fences; you’re striving to hit a continual series of base hits. Your profits are limited, but the odds of continually generating income are in your favor.
The Wheel Strategy takes two common option strategies and combines them in a way that can help you generate sustainable income. In this section, you’ll learn how it works.
This section will go through a step-by-step scenario and explain how the full Wheel Strategy works in practice.
Hopefully, you’ve observed one great thing about the Wheel Strategy: it is a straightforward system. It is simple and overall, quite easy to follow. This enables you to eliminate one of the biggest obstacles to investing: our emotions.
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