EVERYTHING You Need To Know About QYLD - QYLD ETF Review

QYLD pays monthly dividends and has a dividend yield of nearly 12%. So is QYLD the best covered call ETF on the market? Or is there a catch? Let's look at the pros and cons of the QYLD etf, to find out if QYLD is a good etf, how QYLD can pay such a high dividend payment, and try to decide if you should invest in QYLD - the Global X Nasdaq 100 Covered Call ETF.

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0:00 - Intro
1:28 - What Is A Covered Call?
2:10 - QYLD Investing Strategy
3:22 - How Does QYLD Perform?
5:51 - QYLD vs QQQ
6:36 - What is QYLD Expense Ratio?
7:22 - How is QYLD Taxed?
8:53 - Who Should Invest In QYLD?
10:03 - Is QYLD Dividend Safe?

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- I Recommend Buying QYLD and other ETF's at These Brokers-

✅ M1 Finance - https://m1.finance/6jeaeOfS0_b8
✅ Charles Schwab - https://www.schwab.com
✅ Fidelity - https://www.fidelity.com
✅ TD Ameritrade - https://www.tdameritrade.com

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QYLD is the Global X Nasdaq 100 Covered Call ETF. This ETF pays an 11.6% dividend yield and pays its dividend monthly! There must be a catch, right?...

How it works - $QYLD sells covered calls on the Nasdaq 100 Index.
- QYLD buys all of the stocks in the Nasdaq 100.
- QYLD then sells ATM (at the money) covered calls 1 month out on index to collect the premium
- Tthe income from options premiums & sale of underlying shares (on exercised options) are returned to QYLD holders as the dividend.
- Rinse and repeat!

But how does QYLD's strategy work in different markets? In a sideways market - QYLD keeps the premium from selling calls with no other action needed. In a bull market, calls get exercised & QYLD ends up selling stock, losing out on any gains above that price. In a bear market QYLD keeps premium from selling the calls, but the shares lose value & the price of QYLD falls.
With QYLD you limit your upside in a rising market, but keep the downside risk in a bear market.

QYLD's expense ratio is 0.6%. Higher than an index fund like VTI or VOO, but lower than other active ETF's.

Because QYLD invests in both stocks and options contracts, QYLD taxes are complicated. QYLD returns will be a mix of short term capital gains, long term capital gains and return of captial for tax purposes.

If you’re going to invest in QYLD, know that you have to be willing to sacrifice almost ANY and ALL price appreciation gains for income. So QYLD may be best suited for retirees, or anyone else looking to sustain themselves off of the income produced by their investments, not someone looking to grow their overall investment portfolio balance.

#qyld #qyldetf #dividendetf

A bit about my credentials...I have a B.S. degree in Finance, I've spent my entire career working in various corporate finance roles, and have been an active stock market investor for over 20 years. While all of this means I know what I'm talking about (most of the time!), it does not mean you should act solely on my word alone.

I am not intending to, nor licensed to give personalized financial advice. I'm merely trying to share my knowledge and experience so that you are able to make better financial and investment decisions for yourself based on your own research!

Put another way...

DISCLAIMER: Jay Fairbrother, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Jay Fairbrother’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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Видео EVERYTHING You Need To Know About QYLD - QYLD ETF Review канала Jay Fairbrother