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Looking to live off your income streams? You have to come to the right place...

There's always something special about collecting that reliable monthly income. Annualized returns of writing call options can beat your dividend yield with ease, making it a complementary approach to traditional dividend investing. Although you might prefer the highest dividend yields you can find, these mouthwatering returns aren't necessarily the ones that provide durable income. So it isn't that easy as you still have to single out the best individual names. Unfortunately, most investors don't have a knack for selecting promising investment cases, which means they will inevitably pay a price for their rash actions.

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