I'm investing every cent I earn into this. Pays 20% dividend. Going to get a snowball rolling and gradually reduce my working hours until I'm basicay a NEET.
>>62102987ORC looks attractive based on its yield, but its dividend per share has declined every year for the past decade. Much of the high percentage yield comes from the share price falling rather than strong underlying performance. When I compared it to other monthly dividend payers on NAV returns and risk-adjusted metrics, the results were quite poor. For reliable monthly income, covered call ETFs tend to hold their value better. It is worth checking payout sustainability and Sharpe ratio before investing in anything simply because it appears cheap.
>>62102999Thanks Claude
>>62103008Have fun expediting your way into homelessness.
>>62103016>covered call ETFsthis bro thinks fucking YieldMax is a better option, kek
>>62103020Heard covered call ETFs and insatntly assumed YieldMax garbage. Pathetic. Those things are return-of-captal scams that torch NAV while you pat yourself on the back for the fat yield. Real covered call ETFs actually hold value.
>>62102999>>62103016>>62103033checked. checked. what are some good monthly paying ones? excluding yieldmax. 0/3 with them. pretty certain theyre all exit scams
lmao
>>62103040JEPIJEPQcan't think of third at the moment but I know these do
