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Capital Required โš ๏ธ Medium Risk

Target: $3,000 / Month

Ticker: PFFD โ€ข Yield: 6.4% โ€ข Growth (5yr): 0.0%

Sector
Preferred Stock ETF
Estimated Capital Needed (Today)
$562,500
to generate $3,000 monthly immediately

๐Ÿ’ฐ Net: approx. $2,538 /mo after tax.

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โ˜ƒ๏ธ The Snowball Effect (10-Year DRIP)

Reinvesting all dividends with constant yield:

YearTotal ValueMonthly Income
Year 1$598,500+$3,192/mo
Year 3$677,559+$3,614/mo
Year 5$767,062+$4,091/mo
Year 10$1,046,017+$5,579/mo

Real Life Impact

๐Ÿ‘” You are your own boss now. This replaces an average salary.

Analysis Breakdown

Introduction

Is your goal to generate $3000.00 every month passively? Based on the yield of Global X U.S. Preferred ETF (PFFD), your target portfolio size is around $562,500.00. We base this on its recent trailing yield of 6.40%.

About PFFD

Global X U.S. Preferred ETF (PFFD) is a key player in the Preferred Stock ETF sector. Stability is the key trait associated with this ticker.

Investment Context

From an investment angle, committing $562,500.00 requires conviction in PFFD's future.

Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.

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