1Mon·

And if you think nothing is possible...

... comes with a little cash flow to "compensate". However, the dollar exchange rate also spoils the fun. 🤷‍♂️ But still better than nothing

11.04

Global X NASDAQ 100 Covered Call ETF

Received x1000 Dividends at $0.162

$162.24

12 Comments

Epi@Epi

1Mon

You'll be surprised when the $162 is suddenly only worth €100 and 30% tax is then deducted from it. 😳

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Dividende > Zinsen@GoDividend

1Mon

@Epi What kind of topic have I started? 🤣
As long as everything has turned around when you retire (for whatever reason), that's fine with me in the meantime

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Epi@Epi

1Mon

@GoDividend Nah nah, I've been dealing with this topic here for a while. The last time was in fall 2024, when the USD was also on the verge of breaking down. That has now apparently worked.

Interesting: most people are only really interested in the topic when it's already too late. 😅

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Jan H.@J4nh44g

1Mon

Everything worse for me with CHF

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Epi@Epi

1Mon

@J4nh44g The only thing that helps is a vacation abroad. 😁

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Rendite Rudin@RenditeRudin

1Mon

@J4nh44g don't say it🥲

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CenkAltun@CenkAltun

1Mon

What is your experience with the CC ETF? How long have you been invested in it?
I also got in with a small position and want to expand to increase the cash flow 😃 Looking forward to answers

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Dividendenopi👴@Dividendenopi

1Mon

@CenkAltun I've been in since the beginning of last year with additional purchases, the buy-in is/was around €15. Everything is going smoothly, payments have been made on time so far, and before the correction I even had a nice share price performance on top. At the moment, taking into account the payments, the total return is slightly negative. The picture is likely to deteriorate further in view of further dollar losses on the one hand and an expected possible further correction of the US markets in the course of the year. I am (still) holding, I would not expand

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CenkAltun@CenkAltun

1Mon

@Dividendenopi Thanks for the insight. What do you think about the future? Is it all sustainable or not? I just want to build up a cash flow position alongside the FTSE All world. I also had the Global Equity premium income from JPM in mind

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Dividendenopi👴@Dividendenopi

1Mon

@CenkAltun As I have already written above, in my view an entry here at the moment and in the near future should be treated with caution. The JPM ETF you mentioned also has 63% US. From this point of view, they are all potential cash burners

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Chris@Multibagger

1Mon

@Dividendenopi So just wait until the €/$ rate is above 1.20 and the NASDAQ is at 12,000, then it should be pretty risk-free, right? Or a savings plan?

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Dividendenopi👴@Dividendenopi

1Mon

@Multibagger your scenario would of course be great for an entry and definitely worth an entry and then 3 years of sideways markets 😇. In my opinion, a possible recession is not yet fully priced in and the dollar could still be torn apart. There is still room to go down and this will happen in big steps, as we have seen in recent weeks. The option premiums could not even compensate for the currency loss. If you start at 12,000, for example, I would take something else if you expect the indices to rise. You don't take that with the covered call, profits are limited. Good for cash flow when the situation calms down

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