Ticker: QYLD โข Yield: 11.5% โข Growth (5yr): 0.5%
๐ฐ Net: approx. $423 /mo after tax.
Currently, you need $52,173.91. 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 | $58,174 | +$558/mo |
| Year 3 | $72,323 | +$693/mo |
| Year 5 | $89,914 | +$862/mo |
| Year 10 | $154,954 | +$1,485/mo |
โ๏ธ Weekend getaway! You can fly somewhere nice every quarter.
Is your goal to generate $500.00 every month passively? Using Global X NASDAQ 100 Covered Call (QYLD), you'd need approximately $52,173.91 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 $52,173.91 capital, yield stability becomes your best friend.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.