Thinking about retiring early or living off your investments? In this video, I share how I’m retiring with a $400,000 covered call ETF portfolio. I’ll break down my strategy, the income streams I use, and how they generate monthly dividend income that supports my retirement lifestyle.
Whether you’re new to covered call ETFs or already invested, this video offers practical insights you can apply to your own portfolio.
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Disclaimer: I am not a financial advisor, this is not financial advise. I am sharing my journey to financial freedom for entertainment purposes only. Do your own research and due diligence before you invest in any stock/ETF, there is always a risk of losing your money. Consult a financial planner if necessary.
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#passiveincome #coveredcalletf #retirementincome #fire
Great video Paul. So far you Perry and Andriano are on my Mount Rushmore of DIY investing. Looking for a fourth.
Hey Better Call Paul
I saw your video on YouTube, and it was amazing and I must say you are providing great value to your audience. I was wondering if you need a Video Editor. and I’d love to help make it even more engaging.
Consider Instacart- make your own hours, keeps you moving (I'm 56 & had a stroke this year) and it makes many of your automobile expenses tax deductible.
Congrat🎉, the PII finally pays off. But I thought you mentioned in the other video that the company offer you a different position?
Definitely a good plan my portfolio is about 20% and covered call ETFs the problem is for retirement when you look Total return a higher yield lime a qdte which pays around 40% yield the long term return of the NASDAQ is way below that so if you had a 400K invested in qdte you might have to reinvest ups to 40% or even higher of the distribution every year to stop the NAV and dividends from dropping like a rock as qdte is down over 10% even in this bull market so instead of having over 12k a month in distributions the net could be under 7k a month possibly even less than that if you want to get raises to keep up with inflation because of this i usally stick to more sustainable yields in the 10-20% range
Thankyou for the video paul
Keeps me motivated
That is true….. but it is smarter to just focus on making more money. I switched investment strategies 7 times. When I made $30,000 a year, I couldn't afford $7. Now that I make 9 times as much using algorithmic trading system and I am plowing money into a massive amount of investments every month, the 7 dollars doesn't matter.
Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 2.2Biitcoin to a decent 15.4Biitcoin. At the heart of this evolution is Seren Wintersun, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment….
You can tell the wife you're working as a professional money manager.
Nice video Paul, quick general question. I am all in Canadian listed cc etfs. Harvest, Hamilton. (I am on Blossom too, Leon Li) Do you think I am losing out a lot if I don't hold any higher yielding us etfs in my rrsp? The Canadian fund managers have been really good to us!