Well exactly what I was looking for. Dividend paying ETF’s that covers many companies for seniors that are retired and are looking for dividends to live off of and not just individual stocks that are too risky. 👍
This channel and gentleman host is the best teacher in this field that I have thus far found. The objective measurement is that I made money from the information contained therein. Enough said.
Joseph is such a great name! LOL! I have positions in all: QYLD, RYLD, JEPI, NUSI, and DIVO, plus XYLD, plus a dozen other REIT's and BDC's. I retired last year and converted most of my 401K into a dividend income stream. All things considering, it seems that having positions in many funds is better than just one or two. So I would like to see more on the strategies of balancing several of these funds in a portfolio. Thank You Joe !
I worry that ETFs are subject to delisting. One stock that recently delisted was CMO and over the course of me investing, I have seen like two other ones delist. Of course, one was a mutual fund that may have delisted and changed its ticker, now VTIAX? and CRIUF.
I am already retired with a police pension, but play in my 457b. I have done very well with Tesla and Apple but I am 60 now and will need to slowly pull into more secure investments while making another passive income. After months of research I think my portfolio in the near future will be SCHD at 40 percent, RYLD at 20 percent, NUSI at 20 percent and JEPI at 20 percent. I think this formula gives me security and plus solid growth with SCHD being the growth engine and the rest are ok growth except RYLD but has a massive dividend. It should make enough dividends to mirror my pension and give me a much more comfortable life. Also if something happens to me it will be easier for my wife to manage this and also provide another income source. 2022 will be a high growth year for Tesla and soon as it reaches 1600 a share the slow selloff will begin. Thanks for the video!
I am building JEPI + NUSI myself. They appear to offer a good middle ground of yield vs retrn, track different indexes, use different methods, and pay out at different times of the month. As for a stable dividedend, I don't expect that from any etf. I'd rather get the income now. I can take my distributions and buy shares of individual companies to gain stability later on.
Great video thank you. I like a higher total overall yield compared to a stable dividend. I am a long-term investor, and I really like income investing.
@@josephhogue What brand is the shirt ?😎 What trick you use to make it wrinkle free for so long ?👍 Thank you for sharing. 🤗 God bless you. 😇🧧💖 Blessings from Taiwan . 🇹🇼🥳
Solid video and of course just about everyone is talking about these funds, I cant get myself to even get excited about them. Bogle suggests keeping to broad based index funds which covers the market and thus far I’ve yet to be disappointed, sometimes sticking to basics is just less risky and returns plentifold 💰 💰
I just rolled over my state 457b plan into my IRA. I recently retired at 59. I'm looking for income based funds that will generate a nice monthly income, not worried about growth, pure income. I love this video and gives me some great options.
Thank you. Think most of us tuned in to hear what you actually think about these income ETFs. I have half of my cash position in QYLD JEPI NUSI. Use them as high interest piggy bank. Love to know what you think. Thank you.
@@gettinschmidtdunnoutdoors1099 more than likely ordinary dividend taxes, just have a concern how tax filing would be handled with turnovers and calls/puts within it.
@@tonymosley6951 I believe dividends are considered part of your overall income within your tax bracket respectively and your call / put profits would be considered capital gain taxes. That’s just my opinion I’m not 100% sure but that makes the most sense.
I look at income etfs and stocks as the quicker way to financial independence when you're not rich or educated. You need way less money to live off of when you use income etfs and stocks rather than going the dividend growth investing route. It's what I'm planning on using once my growth and value plays give me enough capital that I need to live pretty well off of
There’s kinda 2 ways to look at that. High dividend yield right now but no growth, or lower dividend yield right now but higher and more consistent pay at a later date. Just depends on the time frame. I’m still in high school so I have about 50% in covered call ETFs and the rest un dividend growth ETFs like VIG or DHS for the future. Only about 2.5% on those but in the future my yield on cost can be a whole lot higher if I continue to reinvest and hold
I'm intrigued by these ETFs, but I consider them alternative investments and limit them to 2.5% of my portfolio. Currently I own QYLD, RYLD, and XYLD. On a price basis, I am up 7.43%, 20.63%, and 14.78% in 12 months of ownership, respectively. I need a few years of ownership to be able to expand that 2.5% limit (2.5% of the pie, 10% of the slice). I also own the QYLG and the XYLG, where I am up on a price basis of 22.13% and 25.48%, respectively (after 1 year of ownership). I like the monthly payouts and the healthy yields and, since they are a small part of my portfolio, I can stomach the volatile dividends.
@@craigcothren6629 My gains were pure luck -- frankly I'm shocked that I made that much in that short amount of time. I don't own individual stocks anymore because I know I don't have the time and expertise to adequately make judgements that puts me on par with Wall Street professionals. I'm at the age where I think my best interest lies in ETFs and mutual funds, not individual bonds and stocks.
@@mjdntn This ia very helpful. I am still thinking whether Ill invest in QYLD or PGX. I think I'll consider QYLD since I plan to live off on dividends in the near future. If I may ask, how are your dividend earnings? Is it high enough that it already pays your expenses? Thanks!
Solid video. I think everyone should make it a priority to investing in assets (a business, stocks, real estate, side hustles). I dont hate anyone working a 9 to 5 job but financial freedom does not come from living and dieing off of one stream of income.
Thanks for a great video as always. I've only owned 1 ETF, Schwab's SCHD along with a bunch of dividend stocks, and I've been quite content with this. Now it looks like a next-level investing strategy. I've always cautioned on not being greedy, but these you've listed have a great payout strategy. I have to think this through. Thanks for the insight.
JEPI owns ELNs up to 20% in their portfolio. It states in the prospectus that if an unexpected price move occurs against the ELNs it’s possible that the principle could be wiped out. That’s huge when considering this fund
I saw an image of 4 ELNs for JEPI in another TH-cam presentation. One ELN was from BMO, the Bank of Montreal and another was from RBC, the Royal Bank of Canada. As a group, the Canadian banks are the strongest in the world which is why they have entered the US market. Besides RBC and BMO, TD - Toronto Dominion is not listed as an ELN but also has a very strong presence in the US financial community.
Solid video. But RYLD has an expense of 0.7% not 0.6%. I own RYLD, QYLD & XYLD along with many solid dividend payers. Just going for diversity but the monthly payouts are amazing for compounding.
I have QYLD in my portfolio. Yes, the monthly dividend is nice but it takes 130 shares to make 25$. But my portfolio is set up to re-invest back into it. So it's good as a long-term investment.
It’s good as a long term income investment. I’ve had it for a month and when I get it built up a little more I might use the dividends to buy other stocks to build up my portfolio. I currently have Jepi, Nusi, Divo, RYLD and QYLD and wanting to possibly add more etfs and stocks later on down the road
Thank u so much for this vid! Very helpful and informative as always. The higher yield is obviously very attractive but the more stable dividends help me sleep a lil better lol. I personally prefer a mix of the two. I’m working towards a ratio of about 60/40, favoring the more stable dividends.
Same that’s what I’m trying to build in my high school years. I’m having stuff like VIG and SCHD for about half and half in QYLD JEPI RYLD. So then I still get some growth for the future in my growers
You missed the king of income funds GOF (has never lost initial investment value has only RAISED dividends) it likes small bounces but has stayed consistent for a long time
Great video. Own JEPI and QYLD. Latter being a recent purchase. DIVO sound interesting but it it is at a 5 year high. I’ve done pretty well by taking small position and adding if they drop and keeping these income position small In Relation to the rest of my portfolio.
Right now I only hold NUSI from your list.....but in answer to your question of large dividend vs. stable dividend.....my answer is that I prefer the stable dividend as a core investment...but ...I’m adding some of these covered call ETF’s to give more exposure to the NASDAQ 100 and the S&P. I was well aware of how the options strategies work, but I like the idea of a very experienced pro making the decisions on the details. I will continue to keep the biggest part of my market portfolio in energy for the moment, including some MLP’s and stocks. More oil and gas, but also some renewables. I am primarily an investor in residential rental real estate that I own personally, but I’m starting to pivot toward building a new, strong income portfolio that will flow cash in retirement in 4-7 years Great video. I think my takeaway is that I want to add JEPI to get the broader S&P exposure. Your analysis was very valuable. Thanks! I just subscribed to your channel.
Good video. Thank you. I have NUSI for myself. Looking at XRMI next to add position. Similar to XLYD from Global X tracking S&P 500 with covered call strategy, but adds protective put similar to NUSI. Great for the monthly dividend stream.
Hi Joe, nice video as always. I believe having some of these EFTs in your overall portfolio is a good idea. It's a better idea for someone like myself who is closer to retirement. Less of a good idea for someone who still has more than 10 years until retirement. I have an investment account outside of my retirement accounts, in this investment account is where I am holding the high dividend EFTs you are mentioning here. The objective of this account is to get the income to at least $1,000/month.(I am at $320/month currently.) That income will fund my vacations when I retire. Obviously I am not looking for the max return in this account, just investing for some future income to take care of vacation expenses.
You also have to consider that sometimes the proceeds are dividends and sometimes return on capital, which have different tax implications. And, that it can vary from year to year
I wont be phased by the fluctuation, im slowly moving out of property and into funds for a more hands off approach, my ratios are going to be 40% SCHD, JEPI/JEPIQ 30% QYLD 10%, NUSI 10%, RYLD 5% & DIVO 5% Im paying 10-12% for management fees, the fees dont phase me either + Insurance is going up, Maintenance and all the stupid licenses the UK Gov keep inventing are making property not as safe as houses anymore!
How about considering the total yearly/6 mo./quarterly return assuming you include the gain/loss + the dividend of the period of time. By looking at various time frames one can see how many average retail investors would do trading these ETF in frequently used time periods. Thanks. You seem to be a straight shooting man doing good work. Keep on keeping' on.
Thanks for very helpful opinions, South Africa.s. money value is very bad compared to the dollar as as you might know our town and businesses was vandalized and burned in July. Your inputs are helpful to try build some sort of savings abroad. Thanks so much.
Look at the monthly history payout for these it tells you a lot ! If you spread out your stock purchases like in qyld you come out ahead. Buy on the dip as they say and when it goes up you will be glad you did. Look at the stock price history and it is fairly steady These are not growth stocks . You buy these for dividend payouts.
Nice video. I wanted to check if there is any ETF doing the wheel strategy, selling puts for a premium, if assigned then selling covered calls. Thank you for your great content.
I own RYLD, JEPI, DIVO, SCHD and NUSI. My only regret and disappointment is NUSI. The put option protection isn't there. It's really crash protection. I wish I had put the money in XYLD instead or QMRI (put option 5% verses NUSI 10%)
I'm concerned that this is just chasing yield. Wouldn't these plays in reality just put you in a really bad yield trap? I can't see this being a viable long-term investment for income strategy. Change my mind please.
Thanks Joe! Love these etf analysis Could you do a video on undervalued ETFs? Everyone invest in the most common ETFs (VOO, SPY, etc) and I am looking for ETFs that are not overvalued
higher yield is a promise for the future , stable dividend is something you can rely on every month and live off of the investment. Higher yield can still be limited by inflation risk.
Actually, higher yield is not a "promise" of anything. The market was down 5% in September, so these stocks might appreciate in value over the short and long term, or they might not. I bought a large chunk of RYLD six months ago and it's been mostly holding steady on the stock price, which is fine, because with the high monthly dividend payment, I'm fine with that. If it's pulling 10-12% annually in dividends, I am perfectly comfortable with the stock price holding steady. Not only that, I am reinvesting the dividends each month for max impact later. It should also be noted that you'll be paying the IRS on profits from dividend earnings. Thanks, Joe. These covered-call options are pretty cool.
Do you believe RYLD is more risky in case of an overall market downturn since it’s basis is the Russell and they re smaller more vulnerable companies??
Hi Joe I really enjoy your videos especially this one because I am about to retire and wanted to use the strategy to generate passive income which one do you think in general is best for retirees not asking for financial advice thank you
I subscribed. Your presentation was helpful. Although, I would like to have seen more chart comparisons. Presently, I own NUSI, YYY, HNDL, RYLD,VWEAX, OXLC, and SWAN. SWAN has given me the best return since April of 2021. VWEAX, Vanguard’s High Yield Fund, has been the most stable price wise. OXLC, a closed end CLO fund, is the most volatile during a market slide. I am surprised since it has a yield of 11% and is well managed. What are you thoughts on CEFs?
I think like three out of the five are not at their fair priced value according to their 52 week. The only one I would buy if the market went down is probably Nusi. All the other ones are to their higher end of the 52 week.
Hi Joseph. Qyld has been falling since the inception. Peaked in may 2018 at 25,3 Mid term in oct 2010 24,1 And now 17,1 So you are losing your capital. BEWARE!!!!!
Yeah, long term it has been going down. But looking at it medium term from summer 2022 and 2-3 years forward it can be interesting. Seems to be in a bottom now in the 17's and might heading up towards 22-23 again, looking at the historical bottoms and tops. Say it's 2.5 usd a year dividend, and going in at 17.75, gthats about 14% yield. Then selling out after 2-3 years, one can get a total profit of like 20-25% a year over that period. But one need to watch out, and not invest and forget,
I don’t understand the math as to how these funds can pay a 10-11% annual yield by just writing coveted calls against 1% of the portfolio. Please clarify. If it was so easy, why can’t an individual replicate the same in their own portfolio?
Definitely can replicate with your own portfolio, and save the expense fee. The 10% yield is an annual rate, so writing a call each month to cover the cash outflow for dividend
@@josephhogue thanks but I still fail to understand how writing the calls only against 1% of the portfolio can provide such a massive yield. Can you show by way of an example of say a $100k portfolio.
Ok I get all of this but what about all of your videos saying that the Dividend Payout Ratio is the direct clue to how well the ETF will do? These all have terrible Payout Ratios and is just a matter of time before they implode!?!?!? please answer us this or is it different for a covered call formatted ETF?
@@josephhogue but does that payout ratio define how much they pay out verse available funds to be dispersed? So what would gauge a "reliable" ETF covered call? Payout history? inception date?
how do the expense ratios work? If you have 100 shares for example in 10 years would you only have 95 shares? Or would the expense ratio fee be taken from the dividend?
I know i'm late to this party, but I read and article about QYLD and other covered call ETFs saying the majority % of its dividend payout is taxed as ordinary income. Regardless of how long you hold the stock. Is this true? Just wanted to know as a part of total return.
Great question. It varies from year to year depending on how the strategy works but most years, about 70-80% of the dividend is short-term or unqualified.
"living off dividends" does not mean you have to replace your existing income. very far from it. First of all, if you don't want to "safe" anymore, then you don't need to make that "extra" money to put away. second, if you invested in good companies, that raise their dividends, you don't need to worry about "reinvesting" dividends. Also, having a passive income from dividends, allows you to sell your house, etc, and move somewhere where salaries maybe 5-6 times lower, but also the cost of living 5-6 times lower as well. You can comfortably live on $1500 per month in many countries in the world. and , just because you moved, does not mean you can't do casual jobs here and there. i think its the combination of multiple things that will allow majority of people to achieve financial success. I have my own channel, if anyone interested in hearing more my opinions and plans on this topic.
Want to know how options work? Want to see my Top 5 Options Strategies! It's all here! 😲 th-cam.com/video/owZNEuYL_N0/w-d-xo.html
I think you are missing another pro for something like QYLD is the fact you can do covered calls. Creating passive income to add to the dividend.
Thanks Joe, low exp ratio ETFs are really good in long term?
Well exactly what I was looking for. Dividend paying ETF’s that covers many companies for seniors that are retired and are looking for dividends to live off of and not just individual stocks that are too risky. 👍
I’ve owned JEPI for a couple months now and I’m loving the monthly dividend payouts!
I own Jepi and QYLD both have been solid
@@toddcole1805 I should look into QYLD
QYLD and JEPI in mine too, sort of a piggy bank while the other 90% is in Tesla.
How many shares u all have
@@peterturner711 right now 10 of each with drip turned on
I’d love it if you did a video on the Quadfecta of QYLD, JEPI, NUSI, and Divo. That is, equal amounts of each, to create a balance.
This channel and gentleman host is the best teacher in this field that I have thus far found. The objective measurement is that I made money from the information contained therein. Enough said.
Joseph is such a great name! LOL! I have positions in all: QYLD, RYLD, JEPI, NUSI, and DIVO, plus XYLD, plus a dozen other REIT's and BDC's. I retired last year and converted most of my 401K into a dividend income stream. All things considering, it seems that having positions in many funds is better than just one or two. So I would like to see more on the strategies of balancing several of these funds in a portfolio.
Thank You Joe !
u r paying too much expense fees if u buy all those funds. Remember fees are drag on your returns.
Solid dividend portfolio!
@@JoeC5050 yes, ALL funds have fees. Got any other tips?
I worry that ETFs are subject to delisting. One stock that recently delisted was CMO and over the course of me investing, I have seen like two other ones delist. Of course, one was a mutual fund that may have delisted and changed its ticker, now VTIAX? and CRIUF.
BDC??
I am already retired with a police pension, but play in my 457b. I have
done very well with Tesla and Apple but I am 60 now and will need to
slowly pull into more secure investments while making another passive
income. After months of research I think my portfolio in the near
future will be SCHD at 40 percent, RYLD at 20 percent, NUSI at 20
percent and JEPI at 20 percent. I think this formula gives me security
and plus solid growth with SCHD being the growth engine and the rest are
ok growth except RYLD but has a massive dividend. It should make
enough dividends to mirror my pension and give me a much more
comfortable life. Also if something happens to me it will be easier for
my wife to manage this and also provide another income source. 2022
will be a high growth year for Tesla and soon as it reaches 1600 a share
the slow selloff will begin. Thanks for the video!
I am building JEPI + NUSI myself. They appear to offer a good middle ground of yield vs retrn, track different indexes, use different methods, and pay out at different times of the month. As for a stable dividedend, I don't expect that from any etf. I'd rather get the income now. I can take my distributions and buy shares of individual companies to gain stability later on.
I own both QYLD and RYLD. Buy on the dip, It always does. These two etf are very generous.
Hadn't looked at the RYLD until the Vid but I like the small cap focus
Great video thank you. I like a higher total overall yield compared to a stable dividend. I am a long-term investor, and I really like income investing.
That shirt is so perfectly wrinkle free .. i was distracted the whole video
LOL. Starch and shirt stays
@@josephhogue What brand is the shirt ?😎
What trick you use to make it wrinkle free for so long ?👍
Thank you for sharing. 🤗
God bless you. 😇🧧💖
Blessings from Taiwan . 🇹🇼🥳
Cool bow tie too!
The Marines taught him how to iron, starch, and stay… basic bootcamp. Semper fi
🤣🤣🤣 Damn. Now I'm gonna be fixated on every video. Thanks. 🤣🤣🤣
I also have QYLD in my portfolio for monthly consistent high distributions. It works.
I love QYLD RYLD JEPI XYLD NUSI and DIVO...I own all 5!!!!
Great video for us all and free to see. Respect and thank you to Joseph doing these clips.
Solid video and of course just about everyone is talking about these funds, I cant get myself to even get excited about them. Bogle suggests keeping to broad based index funds which covers the market and thus far I’ve yet to be disappointed, sometimes sticking to basics is just less risky and returns plentifold 💰 💰
I just rolled over my state 457b plan into my IRA. I recently retired at 59. I'm looking for income based funds that will generate a nice monthly income, not worried about growth, pure income. I love this video and gives me some great options.
Thank you. Think most of us tuned in to hear what you actually think about these income ETFs. I have half of my cash position in QYLD JEPI NUSI. Use them as high interest piggy bank. Love to know what you think. Thank you.
cool strategy. i am going to try investing in jepi,qyld from next month onwards. I am hearimg them for the first time and they look promising.
Any disadvantages in a taxable account?
@@tonymosley6951 taxes? Lol
@@gettinschmidtdunnoutdoors1099 more than likely ordinary dividend taxes, just have a concern how tax filing would be handled with turnovers and calls/puts within it.
@@tonymosley6951 I believe dividends are considered part of your overall income within your tax bracket respectively and your call / put profits would be considered capital gain taxes. That’s just my opinion I’m not 100% sure but that makes the most sense.
I look at income etfs and stocks as the quicker way to financial independence when you're not rich or educated. You need way less money to live off of when you use income etfs and stocks rather than going the dividend growth investing route. It's what I'm planning on using once my growth and value plays give me enough capital that I need to live pretty well off of
I feel like its best to have a healthy mixture of established companies that pay dividends and good paying ETFs like RYLD
There’s kinda 2 ways to look at that. High dividend yield right now but no growth, or lower dividend yield right now but higher and more consistent pay at a later date. Just depends on the time frame. I’m still in high school so I have about 50% in covered call ETFs and the rest un dividend growth ETFs like VIG or DHS for the future. Only about 2.5% on those but in the future my yield on cost can be a whole lot higher if I continue to reinvest and hold
I'm intrigued by these ETFs, but I consider them alternative investments and limit them to 2.5% of my portfolio. Currently I own QYLD, RYLD, and XYLD. On a price basis, I am up 7.43%, 20.63%, and 14.78% in 12 months of ownership, respectively. I need a few years of ownership to be able to expand that 2.5% limit (2.5% of the pie, 10% of the slice).
I also own the QYLG and the XYLG, where I am up on a price basis of 22.13% and 25.48%, respectively (after 1 year of ownership).
I like the monthly payouts and the healthy yields and, since they are a small part of my portfolio, I can stomach the volatile dividends.
HI. From your post it appears your best investment is RYLD and not QYLD or XYLD? IF i may ask which dividend stocks are you long term most happy with?
@@craigcothren6629 My gains were pure luck -- frankly I'm shocked that I made that much in that short amount of time.
I don't own individual stocks anymore because I know I don't have the time and expertise to adequately make judgements that puts me on par with Wall Street professionals.
I'm at the age where I think my best interest lies in ETFs and mutual funds, not individual bonds and stocks.
@@mjdntn This ia very helpful. I am still thinking whether Ill invest in QYLD or PGX. I think I'll consider QYLD since I plan to live off on dividends in the near future. If I may ask, how are your dividend earnings? Is it high enough that it already pays your expenses? Thanks!
Expense ratio is too high .6%
@debra hansen Not unusual for the amount of transactions it must go through.
Solid video. I think everyone should make it a priority to investing in assets (a business, stocks, real estate, side hustles). I dont hate anyone working a 9 to 5 job but financial freedom does not come from living and dieing off of one stream of income.
Thanks for a great video as always. I've only owned 1 ETF, Schwab's SCHD along with a bunch of dividend stocks, and I've been quite content with this. Now it looks like a next-level investing strategy. I've always cautioned on not being greedy, but these you've listed have a great payout strategy. I have to think this through. Thanks for the insight.
SCHD is a great fund and very popular. I like a little higher yield but still a good fund
Buy target for dividend growth
I love the CAGR on SCHD. One of the reasons I have it in my portfolio as well.
JEPI owns ELNs up to 20% in their portfolio. It states in the prospectus that if an unexpected price move occurs against the ELNs it’s possible that the principle could be wiped out. That’s huge when considering this fund
I saw an image of 4 ELNs for JEPI in another TH-cam presentation. One ELN was from BMO, the Bank of Montreal and another was from RBC, the Royal Bank of Canada. As a group, the Canadian banks are the strongest in the world which is why they have entered the US market. Besides RBC and BMO, TD - Toronto Dominion is not listed as an ELN but also has a very strong presence in the US financial community.
Solid video. But RYLD has an expense of 0.7% not 0.6%. I own RYLD, QYLD & XYLD along with many solid dividend payers. Just going for diversity but the monthly payouts are amazing for compounding.
Great video. I simply diversify and buy most of these funds. I feel safer this way. Thanks for covering this topic.
I have QYLD in my portfolio. Yes, the monthly dividend is nice but it takes 130 shares to make 25$. But my portfolio is set up to re-invest back into it. So it's good as a long-term investment.
It’s good as a long term income investment. I’ve had it for a month and when I get it built up a little more I might use the dividends to buy other stocks to build up my portfolio. I currently have Jepi, Nusi, Divo, RYLD and QYLD and wanting to possibly add more etfs and stocks later on down the road
Yea but because the div yield is high it still takes less money to get $25 in div each month compared to a stock yielding 3%
Thank u so much for this vid! Very helpful and informative as always. The higher yield is obviously very attractive but the more stable dividends help me sleep a lil better lol. I personally prefer a mix of the two. I’m working towards a ratio of about 60/40, favoring the more stable dividends.
Same that’s what I’m trying to build in my high school years. I’m having stuff like VIG and SCHD for about half and half in QYLD JEPI RYLD. So then I still get some growth for the future in my growers
Having several of these has the advantage of getting dividends at different dates on each month along with diversification
Would have been cool to summary of which to pick when or even your personal choice.
Yeah, forgot to go into that part. Was getting really long already
You missed the king of income funds GOF (has never lost initial investment value has only RAISED dividends) it likes small bounces but has stayed consistent for a long time
Well truthfully, I prefer a mix of stable dividend and a volatile set up. But If i had to pick one I suppose stable would be the safe choice!
I have mostly the stable dividend stocks and a few ETFs in my portfolio. I might add one or two of these ETFs to the collection
What? No EPD? I just bought 10,000 units. Great solid divi and valued at a deal. Thsnk you young man!
Um well this is not a ETF but a single company that has more risk buying a single stock
Great video. Own JEPI and QYLD. Latter being a recent purchase. DIVO sound interesting but it it is at a 5 year high. I’ve done pretty well by taking small position and adding if they drop and keeping these income position small In Relation to the rest of my portfolio.
Thank you for this video I have been considering some of these etfs specifically
Also good to keep in mind the reinvestment of distributions from QYLD , XYLD, RYLD. In excess of the 1% per month distributions
Right now I only hold NUSI from your list.....but in answer to your question of large dividend vs. stable dividend.....my answer is that I prefer the stable dividend as a core investment...but ...I’m adding some of these covered call ETF’s to give more exposure to the NASDAQ 100 and the S&P. I was well aware of how the options strategies work, but I like the idea of a very experienced pro making the decisions on the details.
I will continue to keep the biggest part of my market portfolio in energy for the moment, including some MLP’s and stocks. More oil and gas, but also some renewables. I am primarily an investor in residential rental real estate that I own personally, but I’m starting to pivot toward building a new, strong income portfolio that will flow cash in retirement in 4-7 years
Great video. I think my takeaway is that I want to add JEPI to get the broader S&P exposure. Your analysis was very valuable. Thanks! I just subscribed to your channel.
Nah that option investment blew my mind if these etfs are optionable im cryin real tears
Well my goal is to have a stable fund so I would like to whats coming in from month to month in order to adjust my life around.
QYLD, RYLD, NUSI, JEPI, XYLD, and DIVO! Split your money up 6 ways!
ditto dude!
Yes I agree.
Short and sweet and set a lot about what to do
I love the idea of quantity over actuality
Good video. Thank you. I have NUSI for myself. Looking at XRMI next to add position. Similar to XLYD from Global X tracking S&P 500 with covered call strategy, but adds protective put similar to NUSI. Great for the monthly dividend stream.
XRMI is interesting. What do you like about it?
Hi Joe, nice video as always. I believe having some of these EFTs in your overall portfolio is a good idea. It's a better idea for someone like myself who is closer to retirement. Less of a good idea for someone who still has more than 10 years until retirement. I have an investment account outside of my retirement accounts, in this investment account is where I am holding the high dividend EFTs you are mentioning here. The objective of this account is to get the income to at least $1,000/month.(I am at $320/month currently.) That income will fund my vacations when I retire. Obviously I am not looking for the max return in this account, just investing for some future income to take care of vacation expenses.
You also have to consider that sometimes the proceeds are dividends and sometimes return on capital, which have different tax implications. And, that it can vary from year to year
BTW, I appreciate a CFA discussing these types of investments, rather than these arm-chair quarterbacks that litter the TH-cam landscape.
I wont be phased by the fluctuation, im slowly moving out of property and into funds for a more hands off approach, my ratios are going to be 40% SCHD, JEPI/JEPIQ 30% QYLD 10%, NUSI 10%, RYLD 5% & DIVO 5% Im paying 10-12% for management fees, the fees dont phase me either + Insurance is going up, Maintenance and all the stupid licenses the UK Gov keep inventing are making property not as safe as houses anymore!
How about considering the total yearly/6 mo./quarterly return assuming you include the gain/loss + the dividend of the period of time. By looking at various time frames one can see how many average retail investors would do trading these ETF in frequently used time periods.
Thanks. You seem to be a straight shooting man doing good work. Keep on keeping' on.
JEPI, NUSI & Divo
I like to hear both but of course I want the best payout.
i have most of them in different portfolios tho. wait for the dip to add bigly. ETFs, buy and forget
Yep. Love the buy and hold on these
I'm a stable dividends kinda guy, loving these vids!
Thanks for very helpful opinions, South Africa.s. money value is very bad compared to the dollar as as you might know our town and businesses was vandalized and burned in July. Your inputs are helpful to try build some sort of savings abroad. Thanks so much.
Look at the monthly history payout for these it tells you a lot ! If you spread out your stock purchases like in qyld you come out ahead. Buy on the dip as they say and when it goes up you will be glad you did. Look at the stock price history and it is fairly steady These are not growth stocks . You buy these for dividend payouts.
Thanks for the great video can you do a video on how many ETFs you should be holding
I invest in Qyld personally
I subbed, I like the cut of your gib and also that you came from a modest background.
Thanks Jimmy. Always glad to help.
Interesting video and on a side note I consider myself a "lazy income investor" every payday at real job I buy couple shares of RYLD and some REITS
Waiting on that sequel video with the reviews on: QRMI QYLG XRMI and XYLG
A few others have mentioned XRMI. Interesting fund
Nice video. I wanted to check if there is any ETF doing the wheel strategy, selling puts for a premium, if assigned then selling covered calls. Thank you for your great content.
Great video. I've held DIVO for awhile now.
OOOOooooo RAH Corporal Rifle Expert - Semper Fi
MARK Remark is growing in price. 29% on extended hours
I own RYLD, JEPI, DIVO, SCHD and NUSI. My only regret and disappointment is NUSI. The put option protection isn't there. It's really crash protection. I wish I had put the money in XYLD instead or QMRI (put option 5% verses NUSI 10%)
These stocks are my entire portfolio
That's a lot of dividends!
I'm concerned that this is just chasing yield. Wouldn't these plays in reality just put you in a really bad yield trap? I can't see this being a viable long-term investment for income strategy. Change my mind please.
Can you do a video on funds, assuming funds are flat or lower, best yield and return
Grear video man! Keep it up!
Thanks Joe! Love these etf analysis
Could you do a video on undervalued ETFs? Everyone invest in the most common ETFs (VOO, SPY, etc) and I am looking for ETFs that are not overvalued
buy the dip is a option or DCA every month with the same amount of money and you will have a fair deal by the end of 12 months
@@craigcothren6629 DCA?
@@BK-dy8jk Dollar Cost Average
I always seek higher yield!
higher yield is a promise for the future , stable dividend is something you can rely on every month and live off of the investment. Higher yield can still be limited by inflation risk.
Actually, higher yield is not a "promise" of anything. The market was down 5% in September, so these stocks might appreciate in value over the short and long term, or they might not. I bought a large chunk of RYLD six months ago and it's been mostly holding steady on the stock price, which is fine, because with the high monthly dividend payment, I'm fine with that. If it's pulling 10-12% annually in dividends, I am perfectly comfortable with the stock price holding steady. Not only that, I am reinvesting the dividends each month for max impact later.
It should also be noted that you'll be paying the IRS on profits from dividend earnings.
Thanks, Joe. These covered-call options are pretty cool.
Do you believe RYLD is more risky in case of an overall market downturn since it’s basis is the Russell and they re smaller more vulnerable companies??
I'll take the higher yield !
Which do you like of the monthly divided ETFs?
JEPI@@josephhogue
I like steady Dividends like “PDI”. Pimco Dynamic Index Fund. Is this a good pick?
Reality O is my other choice.
Hi Joe I really enjoy your videos especially this one because I am about to retire and wanted to use the strategy to generate passive income which one do you think in general is best for retirees not asking for financial advice thank you
I subscribed. Your presentation was helpful. Although, I would like to have seen more chart comparisons. Presently, I own NUSI, YYY, HNDL, RYLD,VWEAX, OXLC, and SWAN. SWAN has given me the best return since April of 2021. VWEAX, Vanguard’s High Yield Fund, has been the most stable price wise. OXLC, a closed end CLO fund, is the most volatile during a market slide. I am surprised since it has a yield of 11% and is well managed. What are you thoughts on CEFs?
I think like three out of the five are not at their fair priced value according to their 52 week. The only one I would buy if the market went down is probably Nusi. All the other ones are to their higher end of the 52 week.
As always great video! 🔥
What about the Invesco QQQ trust ETF? Is that a good investment?
Any thoughts on Devon Energy and Mosaic?
Hi Joseph, what would your ideal split if you had $500k, would it be equal or would you go more with say JEPI ????. Enjoy your vids Mate
How can I get your training on options? I would like to look over your shoulder on learning to trade options … Calls Puts and in betweens.
Hi Joseph.
Qyld has been falling since the inception.
Peaked in may 2018 at 25,3
Mid term in oct 2010 24,1
And now 17,1
So you are losing your capital.
BEWARE!!!!!
Yeah, long term it has been going down. But looking at it medium term from summer 2022 and 2-3 years forward it can be interesting. Seems to be in a bottom now in the 17's and might heading up towards 22-23 again, looking at the historical bottoms and tops. Say it's 2.5 usd a year dividend, and going in at 17.75, gthats about 14% yield. Then selling out after 2-3 years, one can get a total profit of like 20-25% a year over that period. But one need to watch out, and not invest and forget,
I don’t understand the math as to how these funds can pay a 10-11% annual yield by just writing coveted calls against 1% of the portfolio. Please clarify. If it was so easy, why can’t an individual replicate the same in their own portfolio?
Definitely can replicate with your own portfolio, and save the expense fee. The 10% yield is an annual rate, so writing a call each month to cover the cash outflow for dividend
@@josephhogue thanks but I still fail to understand how writing the calls only against 1% of the portfolio can provide such a massive yield. Can you show by way of an example of say a $100k portfolio.
RYLD's holdings have changed. It now owns many individual stocks. Also, is RYLD's yield safe and sustainable for years?
Can you explain the Dividend Payout Ratio on QYLD and how it works?
Nothing said about the deferred taxes that have to be paid when selling. Can really take a bite out of returns.
Great info, as always!
Now time for QYLG and XYLG!!!!!!
More videos concerning these types of funds. Updates ??
NUSI down 27% this year--not much protection from the PUT.
Ok I get all of this but what about all of your videos saying that the Dividend Payout Ratio is the direct clue to how well the ETF will do? These all have terrible Payout Ratios and is just a matter of time before they implode!?!?!? please answer us this or is it different for a covered call formatted ETF?
Not sure payout ratio works as well for ETF. Haven't seen a service that accurately reports true ratio for all stocks in the fund.
@@josephhogue but does that payout ratio define how much they pay out verse available funds to be dispersed? So what would gauge a "reliable" ETF covered call? Payout history? inception date?
So why not buy a few of each and cover all your bases?
I would prefer a stable dividend yield, especially during a market correction. Volatile is great during a bull market though
Surprised me how inconsistent the dividends were on these
Can you also repeat the deal where I sign up with ? And get some stocks?
how do the expense ratios work? If you have 100 shares for example in 10 years would you only have 95 shares? Or would the expense ratio fee be taken from the dividend?
Excellent vid. We'll done Mr. Hogue. 👍
I know i'm late to this party, but I read and article about QYLD and other covered call ETFs saying the majority % of its dividend payout is taxed as ordinary income. Regardless of how long you hold the stock. Is this true? Just wanted to know as a part of total return.
Great question. It varies from year to year depending on how the strategy works but most years, about 70-80% of the dividend is short-term or unqualified.
Qyld is not actively managed. Good video tho.
"living off dividends" does not mean you have to replace your existing income. very far from it. First of all, if you don't want to "safe" anymore, then you don't need to make that "extra" money to put away. second, if you invested in good companies, that raise their dividends, you don't need to worry about "reinvesting" dividends. Also, having a passive income from dividends, allows you to sell your house, etc, and move somewhere where salaries maybe 5-6 times lower, but also the cost of living 5-6 times lower as well. You can comfortably live on $1500 per month in many countries in the world. and , just because you moved, does not mean you can't do casual jobs here and there. i think its the combination of multiple things that will allow majority of people to achieve financial success.
I have my own channel, if anyone interested in hearing more my opinions and plans on this topic.
Ryld at .6 expense is not bad for the income received.
Hello Can you review an analysis on ICLN ( iShares Global Clean Energy )