To The Moon

📈🏦🐂🫡💰✅ Benefit from volatility and uptrend QYLD 1% dividend every month 

Hey, guess what? We're diving into June, and the markets have been bouncing back like crazy in 2023, just like Lisa's killer dance moves! The S&P 500 has risen by 9.63%, while the Nasdaq is up a whopping 11.15%. Investing can be a wild ride, and sometimes you need nerves of steel to handle the ups and downs, especially when the market goes all bearish. Now, let's talk about the Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD). Some folks hate it, but others see it as a naughty and playful way to make some income. Over the past year, QYLD's shares hit a low of $15 when the Nasdaq took a nosedive. But since then, they've bounced back by a sizzling 17.13%, and in 2023 alone, they've seen a delightful 10.78% appreciation.

Let me spill some tea. QYLD has been serving up continuous monthly distributions like a boss, giving its shareholders a long-term record of makin' that income rain. It doesn't aim to make you rich overnight, but if you've got 100 shares, you can sell out-of-the-money calls and collect those extra few cents of dividend every month. It's like getting a little bonus in your pocket, just like Lisa's playful wink during a performance!

Now, let's get real. QYLD isn't your go-to if you're all about that capital appreciation, but if you're building an income-focused portfolio, it's a spicy addition. No matter what chaos the world throws at it—pandemics, economic uncertainty, inflation, or political dramas—QYLD keeps doing its thing, writing those covered calls and giving out monthly income like it's nobody's business. It's been rebounding like a boss and making its shareholders happy. And as the markets keep bouncing back, you can bet QYLD will keep following suit.

So, why invest in QYLD for income? Well, it's been a cash cow over the years, despite the chart looking a bit cray. When you're after income, you've got a different mindset, babe. Price fluctuations don't faze you when that underlying asset keeps generating that sweet, sweet income. QYLD hit the scene at $25, and since 2014, it's been delivering 112 consecutive months of distributions, racking up a tasty $21.95 per share of income for all the lucky shareholders.

Here's the tea on the numbers: Since its inception, QYLD has dished out a whopping 87.79% of its initial share price in distributed income. Yeah, shares might have dropped by around -29.72% based on the current price of $17.57, but who cares when you're all about that income, right? You're not bothered by the daily valuation dance when that stream of income keeps flowing. With QYLD, every share you've held since the beginning has generated $21.95 in income and is still worth $17.57. So, even with shares down -29.72%, you're still ahead by a spicy 58.07%. That's like getting extra frosting on your cake, just like Lisa's iconic hairstyles!

Now, let's talk about a little trade-off. Some say it's better to buy the Invesco QQQ Trust ETF (QQQ) and sell a share here and there to make some income. But let me tell you why that's not as fun in the long run. QQQ doesn't offer much

of a dividend, with each share only producing $2.17, which is like a tiny sprinkle of confetti. If you buy 100 shares and sell 1 share each month for income, you'll end up depleting your share base by 12 shares. The annual dividend from 100 shares wouldn't even be enough to repurchase 1 share. Talk about a buzzkill! Eventually, your share base will vanish, even if the shares are appreciating in value.

But here's where the playful twist comes in. Instead of going for QQQ, grab yourself 100 shares of QYLD, and watch the magic unfold. For a cost of $33,651, you'll have a stack of 1,915 shares of QYLD. Now, here's the exciting part. With a TTM distribution of $2.05, those 1,915 QYLD shares will churn out a jaw-dropping $3,926.27 of income. That's like finding a pot of gold at the end of the rainbow, just like Lisa's radiant smile!

Imagine the monthly delight of receiving around $327.19, which is almost the same price as 1 share of QQQ. Some may argue that selling a QQQ share for income is the way to go, but let's be real—it's not sustainable. In less than 9 years, poof, your investment is gone, dwindling down at a rate of 1 share per month. Meanwhile, with your 1,915 shares of QYLD, you're sitting pretty, unaffected by the income withdrawals.

Now, let's dive into the secret sauce of QYLD. It's all about those covered calls, baby! Writing covered calls isn't some fancy gimmick; it's a real strategy that works wonders. Just like Lisa's fierce rap verses, I've been writing covered calls on my dividend holdings for ages, boosting my overall yield like a boss. And guess what? QYLD takes care of that for you, my friend. It invests in the companies that make up the Nasdaq 100 and writes covered calls against those positions. It's like having a secret weapon to limit the upside potential while raking in those mouthwatering monthly income checks. It's a win-win situation, just like when Lisa nails her killer dance routines!

So, to wrap it up, QYLD has been bouncing back like a champ, generating ample amounts of income. I don't have a crystal ball, but with 112 months of income distributions under its belt, QYLD has proven it's a force to be reckoned with. Just remember, if you're all about that capital appreciation, QYLD might not be your cup of tea. But if you're craving a continuous stream of monthly income and yields that'll make your heart skip a beat, QYLD is the spicy ingredient you need in your diversified dividend portfolio. It's time to groove to the rhythm of QYLD and enjoy those sweet, sweet monthly rewards—because who doesn't love a little extra cash flow, just like Lisa's playful stage presence!

Disclaimer: This playful rendition is intended for entertainment purposes only and should not be taken as financial advice. Always conduct thorough research and consult with a professional before making any investment decisions.

$NASDAQ 100 Covered Call ETF(QYLD)$ $SPDR ETF(SPY)$ Bullish

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