The Wealthy Sheep

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October 5, 2025

Covered Calls with GLD: How I Made $800/Month Income from Trading Gold

GLD, covered calls, trading stocks, day trade

Day trading can be one of the hardest ways to make money in the stock market. From personal experience, the learning curve is steep, and the terminology can feel completely foreign. It also demands your full attention from start to finish, which is almost impossible for anyone transitioning out of a 9-to-5 job. Instead, I’ve found ... Read more

Filed in: Money, Day Trading, Investing | By The Wealthy Sheep | Leave a Comment

November 1, 2024

Investment Plan: The Starter Plan

GROWTH PORTFOLIO 1. OPEN A BROKERAGE ACCOUNT You can open a brokerage account with any bank or investment company. Make sure you have a TFSA and an RRSP brokerage trading account, both have their benefits. I recommend these brokerages (affiliate links below): 2. CHOOSE AT LEAST 1 ETF TO BUY EVERY MONTH ETFs or Exchange Traded ... Read more

Filed in: Money, Investing, Retire Early | By The Wealthy Sheep | Leave a Comment

February 20, 2022

Earn $500 a month tax-free with $15,000 investment using the Covered Call Strategy

covered call strategy

This article contains an affiliate link at no cost to you. Here is a strategy to help you generate $500 or more every month tax-free on a $15,000 investment. This trading plan is called the Covered Call Strategy. It is the easiest options trading strategy that you can use every single month within your tax-free accounts. The covered call ... Read more

Filed in: Money, Investing, Retire Early | By The Wealthy Sheep | Leave a Comment

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