Looking to add an income generating holding to my portfolio of tech stocks and ETFs.
QYLD is an ETF that uses a covered call strategy on large cap tech companies, paying a 10% dividend with a monthly payout.
What are the unique advantages or disadvantages of holding something like this long term vs buying a buying a bluechip with a 3% dividend?
This seems like a way better income producer, i guess i want to know what the catch is.
Submitted May 10, 2019 at 05:45AM by wsbthrowaway2 http://bit.ly/2Vr5CsT