1Mon·

I went through with it. Nothing ventured, nothing gained. In any case, the monthly income pays my rent

08.10
Global X NASDAQ 100 Covered Call ETF logo
Bought x4500 at €15.47
€69,625.00
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73 Comments

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You live cheaply 😅
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I have held the Covered Call ETF since last year. It pays around 1% per month. There are no price gains but monthly distributions. I have 10% of my portfolio in it and use it to finance new purchases.
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I also find it very interesting and currently have 6% in it.
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Does it actually have a 10% dividend yield?
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You can report what it yields each month.
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Perhaps it makes sense to have the pension paid from this later on.
Perhaps Lindner should build his share pension on this.
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I am currently building up an income portfolio with the ETF and a few individual stocks. In the meantime, dividends are being invested in BTC, as they are still too small to reinvest sensibly. If the market stagnates somewhat, this will yield good returns.
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The first real crash will be interesting.
Then the ETF should take a while to recover. I wish you good luck 😅🤞
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Does anyone know how it is treated for tax purposes in 🇦🇹? I hope not like the US original?
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Are you buying the share with a limit?
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