Sell covered calls on good dividend stocks, on margin. Buy a 50% down put (for a few cents, to avoid a margin call) Technically a very loose collar. My goal is to generate income, to withdraw 5-10% per year, for many years. I can tolerate watching my account fluctuate down in value, as long as it generates income. I don't see the Fed Funds Rate (margin tied to it) anytime soon for at least 5 years.