Apr. 9 at 6:11 PM
$QQQI How do you get these numbers? QQQO os 51 bucks +-, yielding 14.1% annually, and the latest Monthly Diviy. is just shy of 0.61 cents ... to get
$25 / day, or 750 monthly,
$750/.61=1,229 Shares... Multiply by
$51 bucks per share, the current FMV the stock trades, thus u need to
$62,704 ... (62.704 x 14.1=8841 in annual Dividends ... That is a Nice Chunk of Change, provided the markets Don't Implode
SCHD, however, ONLY YIELDS 3.32% - YOU WON'T GET FAR WITH THAT ...And JEPI yields 8.3%, so why would anyone Buy SCHD for the same yield one could get Risk Free in a CD??? JEPQ - is actually a better choice, yielding 11.68%