Wealth And Health Podcast

I took a deep dive into Mark Yegge's "Covered Calls Income" strategy from his channel Passive Income, Covered Calls and Stocks, promising $10,000 a month in passive income, and what I found is highly concerning.  If you're considering this strategy, you NEED to watch this review first! In this video, I break down why Mark Yegge's approach to covered calls (including the use of deep in-the-money options and synthetic long stock) is fundamentally flawed and likely to: Underperform the Market: Covered Call ETFs consistently underperform simply holding SPY. Sacrifice Upside Potential: You cap your gains while retaining significant downside risk. Lead to Major Losses & Margin Calls: Especially on volatile stocks like Tesla (TSLA), brokers can force you to close positions for astronomical losses due to margin requirements when the stock moves against you. Be Misleading: The claim of $10,000 a month on minimal investment is likely unrealistic given the risks and limitations. I'll walk through a real-world Tesla