@Blinkfans:
$Invesco QQQ Trust-ETF(QQQ)$ When you're venturing into the world of investing, understanding the mechanics behind Exchange-Traded Funds (ETFs) is crucial for optimizing your financial strategy. Take, for instance, the ETF QYLD, trading at $16.60. This isn't just a number; it's a potential gateway to a smart financial move. The beauty of an ETF like QYLD lies in its ability to lower your cost price regularly, not just by cents but by 13 of them, monthly, even after taxes. How does this magic happen? QYLD employs a covered call strategy on the Nasdaq-100 Index, generating income primarily from option premiums. These premiums can mitigate the impact of market fluctuations and reduce your effective entry cost. Imagine t