Earning $40,000/month in dividends using Covered Call ETFs for Passive Income 😮💰

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In this inspiring interview, I sit down with a retired Canadian investor (Perry) in their early 60s who shares how they’re generating consistent cash flow and passive income in the tune of $40,000 per month from high yield covered call ETFs in their $1.5 Million Dollars portfolio and how they are using their regular portfolio income distributions. 📈💰

We dive into what drew them to a hybrid strategy of covered call ETFs and a few growth stocks, how they select their covered call ETFs based on certain rules (e.g. PLTE, ENCL, HHIS, HDIV, QQQY, QDTE, BANK, RDTE, PLTY, LFGY, MSTY, MSTE, HPYT, BKCL, CONY, USCL, AMZY, etc.) with weekly or monthly dividend income, the breakdown of their tracker and how the go about deciding on reinvesting their portfolio income distributions. They also share the temporary impacts of Trump tariffs on their portfolio returns, and how much of their portfolio income they are using vs reinvesting it in their current retirements years. Of course, this is not financial advice and mainly one investor sharing their own real experience so far investing using this hybrid approach. Past performance is not a guarantee for future returns and investing in the stock market has its own risks and volatilities. ➡️ What is your favorite holding in your portfolio and why?

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➡️Perry’s YouTube Channel: @PerryFpii

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