Would You Rather...

nis350 · 07-21-2021, 03:57 PM

so that's about 9% annual return.... Care to share more detail about this conservative investment?

Quote:

Originally Posted by TobinH

135k is almost 1k a month passive income invested conservatively.

TobinH · 07-21-2021, 04:15 PM

Quote:

Originally Posted by nis350

so that's about 9% annual return.... Care to share more detail about this conservative investment?

I'm rounding up, but I'm thinking about a covered call ETF with a 7% dividend yield and about a 1% appreciation.

HapaZ · 07-21-2021, 05:30 PM

Quote:

Originally Posted by TobinH

I'm rounding up, but I'm thinking about a covered call ETF with a 7% dividend yield and about a 1% appreciation.

I'll take the options tip if you feel like sharing

TobinH · 07-21-2021, 06:18 PM

Quote:

Originally Posted by HapaZ

I'll take the options tip if you feel like sharing

not much of a tip, any high yield oriented ETF will perform similarly.

I'm in Canada, so I'm thinking of the BMO products, like ZWK, ZWE, ZWC.

note that there are good reasons not to buy these, you're essentially paying a high 'fee' in return for getting a regular dividend as opposed to more growth.

also, don't invest based on what some rando says on the internet, especially not *this* rando cuz I know just enough to understand how little I understand.