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Subject:  Re: Getting cash from a stock portfolio Date:  6/12/2000  8:10 PM
Author:  rjm1 Number:  4200 of 20607

I am comfortable holding 100% equities. Just looking for suggestions as to how I get cash out.

Set up a cash account to cover yourself for some period or time. I think you want all of your assets in the market so lets say 3 months cash to live off of(I might go for 5 years).

Then sell covered calls on on your stock. This gives you some cash and if the stock is sold put that cash in the cash fund for living expenses.

The purpose of the cash fund is to provide a source of steady "income".
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