Monthly Income
Lately I have been obsessed with generating more monthly income through the stock market. And it is slowly working. Every month I buy a few more shares of stocks/funds that pay monthly income.
Every month I am track the payments.
These investments are not for the faint of heart. Some people may think they are risky. And these investments are taxed as ordinary income rather than qualified dividend income. I make sure that have savings and a few 'safer' investments like VTI or VOO to balance out the risk. Make sure you have a solid financial foundation before you pursue these.
1. BND
It is a boring large Bond Fund. But it pays monthly.
2. STAG
Industrial REIT
3. O
Realty Income. Another REIT with various properties including a large casino in Las Vegas.
4. LTC
Not to be confused with the Crypto Litecoin.
5. QYLD
Nasdaq 100 tracking. Monthly covered call ETF
6. RYLD
Russell 2000 tracking. Monthly Covered Call ETF.
7. QQQY
Nasdaq 100 tracking. Daily Covered Call ETF.
8. JEPY
S&P 500 tracking. Daily Covered Call ETF.
9. HYLB
high Yield Corporate Bond ETF.
10. MAIN
BDC. Business Development Company. Invests in lower middle market companies.
No comments.