Love the focus on simplifying income generation. Covered call ETFs have def changed the game for yield-seekers, but the tradeoff with cap gains gets overlooked sometimes. I've been tracking a few and the real alpha comes from pickng funds that balance premium collection with managable downside risk. The $8,700 monthly target is ambitious but doable if reinvestment strategy is tight from day one.
Yes I like to keep things simple. But yes investors should be aware of the trade off. My belief is that investors should have two portfolios minimum. One focused on growth as well.
Love the focus on simplifying income generation. Covered call ETFs have def changed the game for yield-seekers, but the tradeoff with cap gains gets overlooked sometimes. I've been tracking a few and the real alpha comes from pickng funds that balance premium collection with managable downside risk. The $8,700 monthly target is ambitious but doable if reinvestment strategy is tight from day one.
Yes I like to keep things simple. But yes investors should be aware of the trade off. My belief is that investors should have two portfolios minimum. One focused on growth as well.