Ticker: QYLD โข Yield: 11.5% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $313,043.48. 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 | $349,043 | +$3,345/mo |
| Year 3 | $433,940 | +$4,159/mo |
| Year 5 | $539,485 | +$5,170/mo |
| Year 10 | $929,722 | +$8,910/mo |
โณ You just bought 'Time'. The 9-to-5 grind is now optional.
Is your goal to generate $3000.00 every month passively? Using Global X NASDAQ 100 Covered Call (QYLD), you'd need approximately $313,043.48 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 $313,043.48 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.