2 years ago I I ONLY invested in Index funds and Value Stocks. Today, I invest in Index Funds, Value Stock AND Covered Call ETFs like $HDIV and $TSPY . What changed my mind? Well interviewing basically every CC ETF influencer definitely helped, but it also had ALOT to do to with reducing stress by adding another income stream, I break it down in this video: https://www.youtube.com/watch?v=1DNOP2ysxN4
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49 Comments
Heath @incomewealthinvestor · 13d
I have 2M reasons to agree! My flex is not the 19K a month in distributiins but the 86% total returns in less than 3 years 😃 Retired for 17 months now 🎉
Jean-Frederic St-Hilaire@thinkbig · 13d
It’s changing my life thanks for sharing your thoughts. Dad of 3 teenagers and serving my country! Can’t wait to retire lol!
Grimace @dsr132 · 13dEdited
CC etfs is saving my butt, it's the only way I can pay bills and whatever life throws at me while simultaneously remaining invested. I was a $VEQT and chill guy which is still IMO a good strategy, but life has thrown so many wrenches at me in the last year, that I had three choice: 1) Keep $VEQT ,but get a second job. 2) Sell $VEQT for CC etfs, use the distributions to help me pay my bills and I still get to invest without missing a beat of the market. I also avoid looking for a second job. 3) Sell $VEQT partially to pay my bills, but a market downturn especially a crash might mean selling at a loss to pay my bills...and considering we are at year 4 of a bull run (incl so far this year), the risk of a bearish year increases a lot.
A I S@a.i.s · 13d
Cc all the way, it suits my needs really wel, I love my income now along with compounding on the side
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