Selling for income is touch business at the moment.
With market volatility back towards historical lows the opportunity set for selling puts and generating income is very low. I will continue to look for new opportunities and will post as they become available.
In the meantime.
Long term investors can take a bite out of General Mills. This elite business with a world class global brand is on sale.
General Mills (GIS) owns leading food brands, including Cheerios and Wheaties cereal, Betty Crocker and Pillsbury, Yoplait yogurt, Nature Valley granola, and Häagen-Dazs ice cream.
The majority of sales are U.S. based however the company is working on expanding their international presence.
The company is recession resistant selling food staples and produces steady cash flows.
General Mills treats shareholders well by paying dividends without fail for 119 years while also increasing payments over the last 14 years. The current yield of 4.3% is the highest since 1990s providing a great opportunity for shareholders.
Buy the shares today.
Happy Friday. Keep up the good work on building wealth.