On September 3rd of last year I made a video called “This is the Lowest Amount You Need to Live Off Dividends.” In the video I talked about the benefits of investing in covered called ETFs, particularly funds like QYLD, RYLD and XYLD and how there’s benefits to pursuing income investing over other types of investing in the stock market. I never would have imagined that that video would go on to receive as many videos as it did and still continues to get.
More recently though people have been leaving comments on these videos asking for an update on these funds. With everything going on in the market this year, and with the S&P 500 still currently down more than 20% for 2022 according to Google, people are wondering if covered call funds are a good idea. If you’ve looked at the share prices of these ETFs you’re probably aware that they’ve gone down since last September. So In today’s video I thought it would be a good idea to take a look at the performance of these funds and see how well they’ve stacked up when compared to the market and we’ll determine if covered call funds are a good investment right now.
There’s two things that I wanna address about these ETFs in this video. The first part is their recent performance and the second part is what I believe a lot of people have misconceptions about these types of investments. Maybe I didn’t make it clear enough in my original video, but if you’re gonna invest in QYLD, RYLD or any other fund that uses a covered call strategy, you need to make sure you understand what you can expect from these types of investments.
#dividends #dividendinvesting #qyld
