@Madhatter5566 I ask myself the same question. And why sacrifice performance and even pay taxes? Mysterious. It could be so simple: reduce your savings rate 😳
I'm about to try it out with a small amount for the time being. I find it exciting. As we will soon receive a larger sum from the sale of an apartment and my husband wants a secure investment, that would be an option. And then I can use the cash flow to further reduce my working hours.
@profit_potential_1336 I would be careful with "safe investment". These are not really "dividends" in the classic sense. The ETF earns the money with options transactions. Personally, I think it's good because it's a hedge against a sharp fall in prices and I'm already heavily invested in growth stocks and NAS100. So it's a nice diversification. As the "largest position" in the portfolio, I would be skeptical as to whether it makes sense.
@MoneyGame ok. Thank you. Do you have any ideas on how I can diversify it well? So far I have rather accumulating stocks in my portfolio and also cryptos. But since we are leaving the job in 3 years, I would like to see where I can get good dividends for our income. Thank you in advance 🙏
@MoneyGame I understand the temptation of the almost 10% divi, but I don't understand a covered call in bullish markets. A consumer loan would be cheaper cash flow - have you ever compared it with the Nasdaq100? If the market turns into a sideways trend, then no question - I'll be there too, but as long as the market is heading north... why "cap" profits and let others pocket them?
@Madhatter5566 I am currently investing primarily in covered-call ETFs because I am currently assuming a sideways market. I would sell covered calls myself, but that is forbidden in Germany and so I have to do it via an ETF. They just pay out 🤷♀️ But cash flow is of course also nice to look at and motivates 😄
