How Perry Built $494K/Year Passive Income with Covered Call ETFs

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When it comes to building wealth through investing, there are two popular schools of thoughts — growth investing and income investing —and each comes with its own philosophy, goals, and trade-offs.

Growth investors prioritize capital appreciation—the increase in the value of their assets over time. Rather than focusing on regular payouts, they invest in companies or funds expected to grow significantly in value, often reinvesting any dividends back into the portfolio. Income investors, on the other hand, prioritize cash flow—they aim to generate consistent income through dividends, interest, or distributions (a.k.a. passive income). Covered call ETFs, REITs, dividend-paying stocks, and bonds are popular tools in this strategy.

⚖️ So Which Strategy is Better?
I don’t think there is a one-size-fits-all answer. Some investors pursue growth in their early years to build wealth quickly, then shift to income strategies as they approach retirement or seek lifestyle flexibility. Others, focus on high-income strategies earlier in life to generate regular income and create time freedom sooner without having to manually sell any of their shares/holdings —even if that means potentially accepting lower long-term growth. There are also investors who are essentially a hybrid investor (combining multiple approaches) or some, like me, who are investing broadly in the entire stock market through ETFs such as XEQT, VTI and VT. In the end, the best strategy depends on your goals, risk tolerance, tax situation, and lifestyle aspirations.

In this video, I sat down with Perry, an avid Blossom user, for his reflections on this topic of growth vs income investing. He shares his $1.58 million investment portfolio that generates nearly $494,000 in annual passive income (distributions) which he has built using high-yield covered call ETFs. He shows transparently the good and the bad in his portfolio, and shares his take on income investing vs growth investing.

Please note, covered call ETFs may not be for everyone. Please do your due diligence before deciding whether to invest in any of the shares discussed in the video. The content on this channel is for entertainment and informational purposes only and should not be considered financial, investment, or tax advice. I am not a licensed financial advisor, and the opinions expressed here are my own based on personal experience and research, or my guests’ opinions. Always do your own due diligence before making any financial decisions. Investing involves risk, and you should consult with a qualified financial advisor, accountant, or tax professional before acting on any information provided in here or on any other video. All investments carry risk, including the potential loss of principal. Any mention of past or potential performance is for informational purposes only and does not constitute a recommendation or guarantee of any specific result. The information in this video is accurate as of the date it was posted, but may not remain current over time.

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➡️Perry’s Channel: https://www.youtube.com/@PerryFpii

❓Which approach to investing are you pursuing in your portfolio?

⌛Video Chapters:
0:00 Intro
1:40 Perry’s Performance
12:01 Passive Income Distributions
13:30 Yield on Cost
14:28 Total Return
19:47 Income vs. Growth

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#investingforbeginners #stockmarket #dividendincome #investing

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