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LIVE OFF Dividends FAST with XYLD! (10%+ Dividend Yield)

Author
CitizenOfTheYear
Published
Sun 08 May 2022
Episode Link
https://podcasters.spotify.com/pod/show/collect-cash/episodes/LIVE-OFF-Dividends-FAST-with-XYLD--10-Dividend-Yield-e1i8950

Traditional Dividend Growth Investing is a great way to build generational wealth and consistent passive income. However, one draw back is it takes a considerable amount of time and money to be able to enjoy early retirement. Today we will talk about XYLD, a covered call high yielding dividend ETF that pays massive monthly dividends. XYLD tracks the S&P 500 and sells call options against it's holdings.  This is what allows for the large dividends that they have been able to pay out for the past 8 years. Having enough shares of XYLD, could make early retirement possible without as much total principal. Follow me on my new YouTube: CitizenoftheYear!  Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice.

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