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Holland, Indiana (SW IN) | QQQI Been paying monthly about 60-65 cents a share trading for about $56 --- 13% + yearly --
this copied off the prospectus
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index and a call options strategy, that consists of written (sold) call options on the Nasdaq-100® Index.
What says Ag Talk higher risk but been paying a steady 13%+ since inception 1-1-2024
Guessing the income will be taxed as regular income not capitol gains
Goes ex dividend today so I'll probably wait to buy -- appears it sells off more than the dividend hopefully buy at $54 in a few days
Better ideas? I think I'm leaving $ laying on the table
I've got cash in SCHWAB PRIME ADVANTAGE MONEY INVESTOR SWVXX making 3.8%
Robin Hood gold pays 3.35%
my friend invests in tax free bonds ---safe paying 4.2% equivalent to about 6% before tax
Dan | |
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