by cicada3322
Look no further.
If you are new to investing or just want a safe place to park your money to watch it grow. Then let’s talk about some ETF’s. Or, Exchange Traded Funds. These are already managed for you. So I highly reccomend them for new investors. Especially the “Covered Call” ETFs that track the indexes (DOW, S&P500, NASDAQ). They have remarkable returns in almost any market enviroment. See below for my top dividend ETFs:
QYLD- this ETF tracks the major NASDAQ companies and has a dividend yield of over 14.9%. That means if you invest $1,000.00 you will receive $149.00 per year on that initial principle. This pays dividends out monthly
XYLD- this ETF tracks the major S&P500 companies and has a dividend yield of over 10%. That means if you invest $1,000.00 you will receive $100.00 per year on that initial principle. This pays dividends out monthly. (THIS ONE IS MY FAVORITE)
RYLD- this ETF tracks the major Russel 2000 companies and has a dividend yield of over 15.3%. That means if you invest $1,000.00 you will receive $153.00 per year on that initial principle. This pays dividends out monthly.
Please feel free to provide any input or ask questions!
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.