4 SAFE High Yield ETFs - Pay My BILLS Every Month!
Summary
TLDRThe video discusses building a dividend growth portfolio for long-term income, focusing on ETFs that pay dividends monthly or quarterly with potential for capital appreciation. The speaker shares their strategy of reinvesting dividends and their goal to cover fixed expenses with dividend income in the future. Four high-yielding dividend ETFs are highlighted: Amplify CTP Enhanced Dividend Income ETF (DVO), S&P 500 High Income ETF (SPYD), Simplify Volatility Premium ETF (SBO), and JP Morgan NASDAQ Equity Premium Income ETF (JEQ). Each ETF is analyzed for its yield, strategy, and potential for growth, offering viewers options to diversify their income generation.
Takeaways
- 😀 The speaker has been building a long-term dividend growth portfolio for about six to seven years, focusing on stocks and ETFs that pay dividends and have potential for price growth.
- 💰 The primary goal is to generate enough dividend income to cover fixed expenses on a monthly basis, which is not yet achieved but is a future aim.
- 📈 The speaker currently reinvests around $6,500 per month into more dividend-paying stocks and ETFs, with a plan to use dividend income for bills and travel in the future.
- 🏦 The video discusses four high-yielding dividend-paying ETFs that the speaker has been investing in and plans to use for monthly bill payments.
- 🌟 The first ETF mentioned is DVO (Amplify CWP Enhanced Dividend Income ETF), which offers a relatively cheap expense ratio and pays dividends monthly with a distribution rate of around 4.81%.
- 🚀 The second ETF is SPII (SPDR S&P 500 High Income ETF), which has gained interest for its 12% starting yield and strategy involving tax loss harvesting and SPX index options.
- 📊 The third ETF is SBO (Simplify Volatility Premium ETF), which provides inverse fixed exposure and a dynamic hedge, aiming to balance high income with volatility drag.
- 💼 The fourth ETF is JEPQ (J.P. Morgan NASDAQ Equity Premium Income ETF), which uses a cover call strategy to generate consistent monthly income with less volatility and has grown significantly in price.
- 📚 The speaker offers a dividend investing ebook and a custom dividend tracker for those interested in tracking their progress towards dividend investing goals.
- 🔗 The ebook and dividend tracker can be found at the first link in the video description, which details the speaker's journey from $0 invested to earning over $6,000 monthly and over $1 million invested.
- 📈 The speaker emphasizes the importance of choosing high-quality ETFs for both income generation and potential capital appreciation, which are key for covering future expenses.
Q & A
What is the main goal of the speaker's dividend growth portfolio?
-The main goal is to generate enough dividend income to cover most of the speaker's fixed monthly expenses.
How long has the speaker been building their dividend growth portfolio?
-The speaker has been building their portfolio for around six to seven years.
What does the speaker currently do with the dividend income they receive?
-The speaker is currently reinvesting their dividend income, averaging around $6,500 per month, into more dividend-paying stocks and ETFs.
What is the speaker's future plan for the dividend income?
-The speaker plans to use the dividend income to pay bills, travel, and other expenses in the future, possibly within 1 to 5 years.
What type of ETFs is the speaker discussing in the video?
-The speaker is discussing high-yielding dividend-paying ETFs that offer both a nice starting yield and potential for capital appreciation.
What is the Amplify CWP Enhanced Dividend Income ETF (DVO) known for?
-DVO is known for its relatively cheap expense ratio, monthly dividend payments, and potential for price growth over time.
What is the starting yield of the Amplify CWP Enhanced Dividend Income ETF (DVO)?
-The starting yield of DVO is around 4.81%.
What makes the SPII S&P 500 High Income ETF unique?
-SPII offers a massive starting yield of around 12% and employs a data-driven call option strategy, managed by NEOS, for tax efficiency and potential growth.
How does the Simplify Volatility Premium ETF (SBO) generate its dividend income?
-SBO generates income by providing inverse fixed exposure to the CBOE Volatility Index (VIX) and implementing a dynamic hedge strategy with call options.
What is the expense ratio of the Simplify Volatility Premium ETF (SBO)?
-The expense ratio of SBO is relatively high at 1.16%.
What strategy does the JP Morgan NASDAQ Equity Premium Income ETF (JEQQ) employ?
-JEQQ employs a cover call strategy, buying a basket of equities and selling out-of-the-money NASDAQ 100 index call options to generate monthly income.
What has been the historical performance of the JP Morgan NASDAQ Equity Premium Income ETF (JEQQ) in terms of yield and price growth?
-JEQQ has historically provided a consistent 7-8.9% yield per year and has shown significant price growth.
Outlines
💹 Building a Dividend Growth Portfolio
The speaker discusses their journey over the past six to seven years in constructing a long-term dividend growth portfolio, which includes a mix of stocks and ETFs that pay dividends on a regular basis. The primary goal is to generate sufficient dividend income to cover monthly fixed expenses. Currently, the speaker is reinvesting about $6,500 monthly into more dividend-paying assets, with the expectation of using the dividend income for bills and travel in the future. The video will focus on four high-yielding dividend ETFs that have been purchased over time and are expected to play a role in future financial planning. The speaker also promotes their dividend investing ebook and custom dividend tracker as resources for viewers interested in following a similar investment strategy.
🏦 High-Yielding Dividend ETFs for Income Generation
This paragraph delves into four specific ETFs that the speaker has been investing in, which offer high dividend yields and potential for capital appreciation. The first ETF mentioned is DVO, the Amplify CWP Enhanced Dividend Income ETF, known for its quality dividend-oriented stocks and a relatively low expense ratio, with a monthly dividend distribution rate of around 4.81%. The second is SPYN, the 500 High Income ETF, which has gained attention for its 12% starting yield and a strategy involving tax loss harvesting and SPX index options for income generation and potential growth. The third ETF, SBO, the Simplify Volatility Premium ETF, is discussed for its unique approach to providing inverse exposure and dynamic hedging with a focus on monetizing premiums in the VIX futures markets. Lastly, JEPQ, the JP Morgan NASDAQ Equity Premium Income ETF, is highlighted for its consistent premium income with lower volatility, managed by an experienced portfolio manager with a data-driven approach and a history of significant price growth alongside its dividend yield.
Mindmap
Keywords
💡Dividend Growth
💡ETFs (Exchange-Traded Funds)
💡Capital Appreciation
💡Dividend Income
💡Yield
💡Expense Ratio
💡Cover Call Strategy
💡Tax Efficiency
💡Volatility
💡Monthly Distributions
Highlights
Building a long-term dividend growth portfolio over six to seven years with a focus on income.
Aim to cover monthly fixed expenses with dividend income from the portfolio.
Currently reinvesting around $6,500 monthly into more dividend-paying stocks and ETFs.
Introduction of four high-yielding dividend-paying ETFs for potential future bill coverage.
Offer of a new dividend investing ebook and custom dividend tracker in the description.
Highlighting DVO, the Amplify CWP Enhanced Dividend Income ETF, for its monthly dividend and growth potential.
Discussing SPYN, the S&P 500 High Income ETF, with its attractive 12% starting yield and tax-efficient strategy.
Introducing SBO, the Simplify Volatility Premium ETF, for its unique approach to generating dividend income.
Detailing SBO's strategy involving inverse fixed exposure and dynamic hedging to balance income and volatility.
JEQ, the JP Morgan NASDAQ Equity Premium Income ETF, as a favorite for its consistent premium income and lower volatility.
JEQ's portfolio manager Hamilton R's three decades of experience in equities and equity derivatives.
JEQ's use of an applied data science approach for portfolio construction and option overlays.
The cover call strategy of JEQ for generating distributable monthly income with less volatility.
JEQ's exposure to the right holdings for growth potential alongside consistent yield.
Invitation for viewers to share their favorite ETF from the discussed options in the comments.
Encouragement for viewers to like, subscribe, and check out recent investment-related videos.
Transcripts
over the past several years around six
or seven years to be exact I've been
building out a long-term dividend growth
SL income Focus portfolio that's made up
of several different positions stocks
ETFs that all more or less pay me
dividends on a monthly or quarterly
basis but on top of that have the
potential to grow in price over time now
one of the main goals one of the main
things I'm personally solving for as a
dividend grow income Focus investor is
that I've been wanting to get my
dividend income to a point where on
average every single month I'm able to
take care of and pay most of my fixed
expenses with dividend income if I so
want to and even though as of right now
I'm currently not doing that I'm
currently reinvesting my around $6,500
on average every single month back into
more dividend paining stocks ETFs but
sometime in the future maybe one year
maybe 2 years maybe 5 years from now I
will in fact be using if not some maybe
a majority of my dividend income every
single month to do things like pay bills
travel Etc now in this video
specifically I'm going to be talking
about four high yielding dividend paying
ETFs that I've been buying for quite
some time now and that I'm planning on
using to cover my bills on a monthly
basis when of course day comes every
single one of these ETFs pays a nice
juicy starting yield and also every
single one of these ETFs have the
potential for capital appreciation on
top of that so if you're a dividend
focused investor looking to use some of
your income in the future to help cover
some fixed expenses or to pay for all
your bills make sure to stick around
drop a like down below and let's get
right into the first ETF real quick for
those that haven't already make sure to
go to the first link in my description
and grab my new dividend investing ebook
where I share exactly how I went from $0
invested to now earning over $6,000 on a
monthly basis and over over $1 million
invested in the Market along with the
ebook you're also going to receive my
custom dividend tracker where you can
track your dividend progress on an
ongoing basis and reach your dividend
investing goals so make sure to grab
yourself a copy of my dividend investing
ebook and the new dividend tracker today
it's the first link in my description
now the first higher yielding dividend
ETF that I've been buying for several
years now stacking well over 1,000
shares of throughout my portfolios is
dvo or the amplify cwp enhanced dividend
income ETF now right here on the amplify
ETF website in case you're not familiar
with EVO it says y invest in dvo income
potential which is exactly what we're
looking for comprised of high quality
dividend oriented stocks along with
cover calls and individual stocks now I
personally have been buying shares of
dvo for around three or so years now and
what I love about dvo is that it has a
relatively cheap expense ratio dvo has
grown in price nicely over time as far
as price return goes but also most
importantly especially for what we're
talking about for this video
specifically saying that we're trying to
look for high quality super highquality
dividend paid ETFs that offer income on
a monthly basis dvo offers a dividend
paid monthly with a distribution rate of
around 4.81% so although it isn't the
highest yield across the entire Market
dvo also does have some potential for
upside which is great and with a
starting yeld of around 5% I don't think
anyone's really complaining if you're
looking for a monthly paying dividend
focused ETF that also most definitely
has the potential for some upside
definitely check out dvo the Amplified
enhanced dividend income ETF the next
safe High yielding dividend focused ETF
that I've been buying like crazy over
the past few months and that's
definitely going to help me in the
future when it comes to paying bills
with my dividend income I'm talking
about
spyn 500 High income ETF now it's not
just me that's been talking about spii
over the past say six or so months
dividend and income focused investors
across the entire Market have been very
interested in this ETF because of its
massive 12% more or less starting yield
but also what this ETF has to offer in
its strategy it's say targeted benefits
of spy strategy number one the fund
seeks to distribute High monthly income
generated from investing in the
constituents of the S&P 500 Index and
implementing a a datadriven call option
strategy now active managed by NEOS the
fund seeks to take advantage of tax loss
harvesting opportunities in addition to
utilizing SPX index options classified
as one two 56 contracts which are
subject to lower tax rates now lastly
most importantly maybe the fund utilizes
a call option strategy which may mean
that this fund is going to buy and sell
SPX index options now why that's
important what that means for this ETF
is that even though it does have the
cover call overlay which is going to
generate a ton of premium and therefore
distributable income for investors by
potentially purchasing SPX index options
this ETF also has the potential to grow
in price so specifically for an investor
like me that's looking to generate a ton
of income on a monthly basis again
because I personally am looking to use
if not some all of my dividend income in
the future for bills this ETF will do
that but on top of it it's going to do
it in a tax efficient manner because of
this right here and also has the
potential for upside there's tons of
good ETFs across the market for income
generation but one of my favorites as of
right now is definitely SPI and speaking
of income generation another super easy
way to generate a ton of monthly income
to use for your bills in the future or
for now of course is to invest into
something like SBO to simplify
volatility premium ETF now this ETF is a
bit more confusing but let's dig into it
and see exactly how this TF works and
how it generates so much dividend income
for investors so it says the simplify
volatility premium ETF SV seeks to
provide Investments results before fees
and expenses that correspond to
approximately 1/5 and 310 the inverse of
the performance of the CBOE volatility
index or the vix short-term future index
while also seeking to mitigate extreme
volatility on top of that the fund
shorts of expositions to provide
investors and optimize exposure for
monetizing the premium earn in the vix
future markets a modest option overlay
budget is also deployed on call options
in case things turn for the worse and
reverse which means this fund basically
has all bases covered unless of course
something insane happens now some of the
key points these are also very important
aspects to consider the first ETF
providing inverse fix exposure and this
is also coupled with that Dynamic Hedge
and this is just of course in case
things go crazy 25% short vix exposure
helps to balance trade-off between High
income and volatility drag and deep out
of the money vix call options seek to
provide lowcost protection against
extreme vix spikes along with that
monthly distributions which are awesome
now some more important facts about s
the expense ratio is pretty high at
1.16% so this is something that
investors are going to have to consider
one invested into s now for this video I
promised high quality and ETF that can
generate a ton of income on a monthly
basis and half historically but on top
of that have the potential to grow in
price over time so I couldn't leave out
one of my favorites maybe one of the
most popular and highest quality income
Focus ETFs we're talking about Jeep Q
the JP Morgan NASDAQ Equity premium
income ETF digging a little bit deeper
into Jeep q and sharing why I'm so fond
of this ETF and exactly how it works Jep
Q it says seeking consistent premium
income with lower volatility the JP
Morgan nastic Equity premium income ETF
seeks to deliver monthly distributable
income and nastic 100 exposure with less
volatility it then says expertise lead
portfolio manager Hamilton R has over
three decades of experience investing in
equities and Equity derivatives the
portfolio underline Equity portfolio
employs an applied data science approach
to fundamental research and portfolio
construction and then along with that
disciplined option overlays implements
written out of the money NASDAQ 100
index call options to seek to generate
distributable monthly income so all in
all like I sort of said Jeff Q is more
or less a typical cover call style ETF
it buys a basket of equities and sells
cover calls in this case written out the
money NASDAQ 100 call options now the
reason I'm personally a big fan of the
cover call strategy is because I like
cash flow and because I do not like
volatility there's certain investors out
there that would rather deal with
volatility for some more upside but for
me I'd rather have a little bit more
capped upside if it means I'm going to
have less volatility and more cash flow
but that's just me now one of the
reasons I'm a huge fan of Jep Q is of
course because the underlying Holdings
I've talked about this before on
previous videos but a lot of the cover
call style ETFs just aren't exposed to
the right Holdings and depending on the
cover call overlay strategy some of
these cover call style ETFs don't have
any upside more or less and really only
have downside but because of Jep
strategy and because of the underly
Holdings this ETF not only has paid
investors like myself a consistent 789
10% yield per year but also has grown in
price significantly so there we have it
those are four of my favorite higher
yield in ETFs across the entire markets
in the context of finding different high
quality ETFs to potentially use to pay
your bills on a monthly basis like I
said either now or maybe later on like
I'm doing in the future but out of every
single ETF we talked about in this video
I want to now hear from you guys down
below which is your number one favorite
across the entire basket drop the Dicker
symbol Down Below in the comments if you
enjoyed this video make sure to please
drop a like in it and subscribe for more
future content like this thanks as
always for stopping by and if you are
interested in investing make sure to
check out these recent videos I posted
right here
Ver Más Videos Relacionados
7 BEST Dividend ETFs To BUY & Hold Forever - Buy Before 2025!
5 Dividend ETFs to Hold Forever - Easy Millions
These Are My Favorite High Yield Monthly Dividend Stocks
$50,000 In JEPQ ETF Will Beat Your Full Time Job!
QDPL: 4X the distribution of the S&P500 plus Growth with this Pacer ETF... And NO Options.
$50,000 In SCHD Will Beat Your Full Time Job! 🔥
5.0 / 5 (0 votes)