Ticker: QYLD โข Yield: 11.5% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $846 /mo after tax.
Currently, you need $104,347.83. But if QYLD grows its dividend by 0.5% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $116,348 | +$1,115/mo |
| Year 3 | $144,647 | +$1,386/mo |
| Year 5 | $179,828 | +$1,723/mo |
| Year 10 | $309,907 | +$2,970/mo |
๐งฑ Mortgage crusher! Your house is basically paying for itself.
Is your goal to generate $1000.00 every month passively? Using Global X NASDAQ 100 Covered Call (QYLD), you'd need approximately $104,347.83 invested today. This calculation utilizes the current trailing yield of 11.50%.
Global X NASDAQ 100 Covered Call (QYLD) is a key player in the Covered Call ETF sector. Investors should be wary of its higher-than-average risk profile.
Why QYLD? Because at $104,347.83 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.