[Stu from NYC]

Originally Posted by sccaracer46

For those who have cash or those that have taken money out of the market and don't know what to do, I recommend the following if you would be satisfied with annual dividends of 10.5-12% paid monthly! I discovered QYLD ETF that is made up of the Nasdaq 100 companies which contain companies like Apple, Microsoft, Tesla, Google, Amazon, etc. This is a fund that uses a covered call strategy where they sell calls each month and the dividends are issued based on the income form the sale of the calls. This fund has been producing these returns since it was established in 2013. The fund net asset value will reflect the same valuation as a regular Nasdaq 100 fund. This is good vehicle to use if you are looking for cash flow to supplement your other retirement sources.

Just a bit risky?