With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Prioritize two goals: strategically buy stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.
@@usmanyahaya9782 Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.
@@PatyRamírez-z9z Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’ll find the necessary details to work with to set up an appointment.
I'm currently holding 2500 shares, DRIP, and buy as able. I'm 60, single, and live on a fixed income. I occasionally use the distribution for living expenses, but am more into accumulating enough to get roughly $500 a month in distributions. It's actually my largest holding in my TDA account. My income from all sources is far less than $44,625 so I'm 0% taxed on capital gains as long as I don't exceed that threshold. Everything is paid for and carry no debt. It's called freedom.
Although I agree with you 100% about QYLD, one thing I feel everyone misses is - QYLD came out around the top of the market and were buying extremely over priced stocks. Covid money was flowing into the market causing companies like: Tesla and Apple to be very over valued and cause QYLD price to be very high when it launched. I would be curious to see how QYLD with reinvesting dividends over the next 5 years now that the market is more appropriately priced.
Good point. I think there's an environment where it outperforms, just not sure which. Higher stocks and generally the QQQ will do better. Lower and QYLD will still take a hit.
QYLG only does 50% covered call instead of 100% like QYLD, so it allows some capital appreciation and gives about half the dividend. People who make under 70k a year in taxable income for a couple, don't end up paying much tax on dividends, unless you have a small fortune in your brokerage account.
I use QYLD as income insurance for another layer of financial security. If I lose my job, I can turn off reinvesting and use the distributions as monthly income to help protect my savings and lower my risk of having to sell assets in a down market for a loss while I look for another job. Otherwise I can let it reinvest and compound for more protection later and eventually retire on it and other sources. Stocks are great when they go up but I don't want to be in a situation where I have to be a motivated seller for a loss in a down market.
100% agree. My short term investing goal is to cover all the consistent bills with dividends/distributions if needed. And I have the freedom to reinvest in a great opportunity if the markets down, and I have some cash each month.
I have invested in all of the Global x covered call ETFs both the D and the G series. I get high income with the D's and income and growth with the G's. Cash coming in makes me happy. It covers the market for the most part. I then invest in medium income and growth stocks like MAIN, SCCO and others. Then high dividend growth companies, dividend kings as you would say. I round it out with a few growth stocks. I sleep well. Thanks for your hard work.
QYLD has been losing its money value over time. Yeah great interest and dividends but losing your own money overtime is not what I’m looking for. Keeping or growing the value plus dividends is the only way I’ll go.
@@josephhogue So why did you knowingly release a video implying a REIT is 100% Qualified dividends, implying O tax treatment is substantially better an QYLD. Very misleading because it's not.
Great video, Joseph! I am really beginning to fall in love with multiple dividend paying ETFs, especially in these market conditions where uncertainty is building more and more by the day!
You're wrong about the taxes, they actually pay out most of dividends as a return on capital, which means you don't pay taxes on the dividends until your cost basis is $0. There are more tips and tricks to this than you know.
@@Whoisbu89 that's not correct. Check your 1099 tax form. QYLD pays mostly a nonqualified distribution, not a nonqualified dividend. It comes out in the summary as a nondividend distribution. This is not taxed as income but rather a return of the money invested in QYLD, thus lowering cost basis.
@@TheDRam3 you can literally look it up. "Global X confirmed that for 2021 tax purposes, distributions received within 2021 shall be treated as ordinary income or as short term gains on final forms." so when you did your taxes in april of last year they were all ordinary income. you cant argue with facts.
@@Whoisbu89 I'm literally reading the 1099 tax form. You're arguing with facts. I've been doing this for years. Please stop spreading fake information. Anyways, I'm sure people will find out via their CPA instead of listening to two people in the comments section. All I know is if you're treating it like ordinary income in your taxes and don't have a cost basis of $0, you're doing it wrong.
The purpose of QLYD is to have an regular monthly income , like EMB for example. So , we have to compare QYLD with EMB ( same Purpose) . Most people compare QYLD with QQQ , this is a mistake in my opinion.
I only hold high yielding dividend funds in my Roth IRA. That alleviates the tax issue. In a taxable account, I'd only invest in low turnover funds, municipal bond funds, and indvidual stocks. Also, the big reason why I am an income investor is so I don't have to sell any shares whereas those who have to sell shares to get their income can experience emotional turbulence when they have to sell for income in a down market. So, while I could get the same income from TSLA as I could another dividend-paying asset, I'm still giving up part of the goose that lays the eggs, so to speak. In the end though, the proper strategy is the one that allows you to stay motivated and focused on your financial well being. As Dave Ramsey often says, financial success is 80% behavior and 20% head knowledge. I have found this to be true.
I don't reinvest my QYLD I use it to keep cash flowing in my portfolio to buy other stocks when I see they are undervalued. I think a key component to investing is to buy things when they undervalued for that to happen you need to have cash ready and available.
What do you think about jepi, jepq and svol right now? i have almost 40,000 shares in each and than i use a portion of my account to offset in cash equivalents etfs that are high percentage in money market accounts that also have a 0 - 3 month roll ladder in notes and treasuries to create a safe balanced portfolio. Do you think im to heavy in these covered call etfs? Im not afraid if my investments drop , i actually like them to drop because I can make more money on opportunity buys and the cash flow helps absorb the losses , do you think i should also go into other funds ? Maybe combine with growth etfs?
Anyone can look BACKWARDS on the market and shoulda, woulda, coulda 😂 I have 5000 shares of QYLD and plan on holding. I use this throw off to purchase about $900 worth of cars, meals, vacations and other stocks every month.
I have it in my Roth IRA now. In a Roth you get taxed on the way in but once it's in the retirement account it's tax free and no taxes on distributions. You'll have a source of income in your retirement that won't be taxed. And looking at how things are going, it seems like taxes are only going up unfortunately. Plus it can grow with reinvesting turned on and snowball for even higher income if you don't need to use it.
Love DCA but more as an over time strategy, just investing a little each month no matter price. With falling stock price, you have to watch that it doesn't become too much of your portfolio in case it never recovers
His taxes comments are specific to QYLD. Generally, ETF's are more tax efficient than mutual funds and many individual stocks. Heed his caveat about the dividend because it can be comprised of ROC and premium yield.
It's not because it's an ETF; it's because the dividends are generated from selling options. SCHD is an ETF with the same tax treatment as individual stocks while other covered call funds have tax implications similar to QYLD
Are "royalty" payments legit? Supposedly you can invest in a company that holds the real estate, for example, for Amazon, etc. and they pay royalties. Do you know what that is all about? Legit or scam?
@@josephhogue No I definitely did, most are on your other videos, best on RUclips in this space. Actually I don't dislike QYLD, it fascinates me, just the volatility to date makes me nervous, keep it on the watchlist at the very least aye.
Want to see the 5 Monthly Dividend Stocks I like BETTER than the QYLD? Check these out! ruclips.net/video/7X4I_l4M47c/видео.html
With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.
Prioritize two goals: strategically buy stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.
@@usmanyahaya9782 Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.
@@KarenDuncan-o5s Please can you leave the info of your investment advisor here? I’m in dire need of one.
@@PatyRamírez-z9z Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’ll find the necessary details to work with to set up an appointment.
@@KarenDuncan-o5s I will give this a look, thanks a bunch for sharing.
I'm currently holding 2500 shares, DRIP, and buy as able. I'm 60, single, and live on a fixed income. I occasionally use the distribution for living expenses, but am more into accumulating enough to get roughly $500 a month in distributions. It's actually my largest holding in my TDA account. My income from all sources is far less than $44,625 so I'm 0% taxed on capital gains as long as I don't exceed that threshold. Everything is paid for and carry no debt. It's called freedom.
Love the DRIP! QYLD is better for those near or in retirement that will hold forever.
Im in the same boat.
@@josephhogueI have been looking at QYLD for a while--but now I have a new perspective thanks to you Joe. Will be adding it in.
I'm 45 debt free, home paid off. Earning $2,500 on qyld
Aaaah no kids
Живы ли вы сейчас?)
Although I agree with you 100% about QYLD, one thing I feel everyone misses is - QYLD came out around the top of the market and were buying extremely over priced stocks.
Covid money was flowing into the market causing companies like: Tesla and Apple to be very over valued and cause QYLD price to be very high when it launched.
I would be curious to see how QYLD with reinvesting dividends over the next 5 years now that the market is more appropriately priced.
Good point. I think there's an environment where it outperforms, just not sure which. Higher stocks and generally the QQQ will do better. Lower and QYLD will still take a hit.
QQQ is $380 and pay every 4 months 0.57 How do you want people to switch from QYLD that is $17 and pay monthly $0.17?
Thanks!
Always glad to help Gregory! Thank you for being a part of the community
QYLG only does 50% covered call instead of 100% like QYLD, so it allows some capital appreciation and gives about half the dividend. People who make under 70k a year in taxable income for a couple, don't end up paying much tax on dividends, unless you have a small fortune in your brokerage account.
I use QYLD as income insurance for another layer of financial security. If I lose my job, I can turn off reinvesting and use the distributions as monthly income to help protect my savings and lower my risk of having to sell assets in a down market for a loss while I look for another job. Otherwise I can let it reinvest and compound for more protection later and eventually retire on it and other sources. Stocks are great when they go up but I don't want to be in a situation where I have to be a motivated seller for a loss in a down market.
Love the income insurance idea!
100% agree. My short term investing goal is to cover all the consistent bills with dividends/distributions if needed. And I have the freedom to reinvest in a great opportunity if the markets down, and I have some cash each month.
How much did you invest? if you don't mind me asking. I'm new to investing, and as a single dad, I want to secure my future
That's clever
Oh my god that's so clever
I’d love to see you do videos like this with more ETFs with $100/month over 5 years, etc
Sure thing. This one was a fun look into the actual investing
I have invested in all of the Global x covered call ETFs both the D and the G series. I get high income with the D's and income and growth with the G's. Cash coming in makes me happy. It covers the market for the most part. I then invest in medium income and growth stocks like MAIN, SCCO and others. Then high dividend growth companies, dividend kings as you would say. I round it out with a few growth stocks. I sleep well. Thanks for your hard work.
Realty income though is taxed as ordinary income since it is a REIT, correct?
Mostly, some instances where it will be qualified dividends. I hold mine in a retirement account so I don't have to worry about it
QYLD has been losing its money value over time. Yeah great interest and dividends but losing your own money overtime is not what I’m looking for. Keeping or growing the value plus dividends is the only way I’ll go.
Wdym losing its money?
Im in JEPQ, JEPI and XYLD....among others.
Love JEPI. Will have to check out JEPQ
You sure about Realty income dividends being taxed as qualified dividends? Its a REIT isn’t it? Aren’t those taxed as ordinary income?
O is a reit. REITs are taxed as income in 🇺🇸
In most cases but also some qualified and some return of capital. I hold most in my retirement account though so I don't have to worry about it
@@josephhogue So why did you knowingly release a video implying a REIT is 100% Qualified dividends, implying O tax treatment is substantially better an QYLD. Very misleading because it's not.
Make under 40k.. I actually get taxed less on income than the Qdiv rate. Buying QYLD.
What about now ?
Is Tesla still a growth stock ?
I'd say so but you have to worry about when the valuation starts looking more like a car company. I think it's still at least a few years away though
Great video, Joseph! I am really beginning to fall in love with multiple dividend paying ETFs, especially in these market conditions where uncertainty is building more and more by the day!
I had my ass handed to me by QYLD.
I am now happily in JEPI and JEPQ.
Love JEPI and hearing a lot of investors talk about the JEPQ
I had to get out of it too.
remember that qyld decays over time.. semper fidelis bro..
ooh rah brother
You can just sell covered calls on your own stocks, that way you have more control over the strike price and length of the contract.
Absolutely. Manage it yourself and save the expense fee
You're wrong about the taxes, they actually pay out most of dividends as a return on capital, which means you don't pay taxes on the dividends until your cost basis is $0. There are more tips and tricks to this than you know.
Last year they paid out 100% ordinary dividends. Everyone was so pissed.
@@Whoisbu89 that's not correct. Check your 1099 tax form. QYLD pays mostly a nonqualified distribution, not a nonqualified dividend. It comes out in the summary as a nondividend distribution. This is not taxed as income but rather a return of the money invested in QYLD, thus lowering cost basis.
@@TheDRam3 you can literally look it up. "Global X confirmed that for 2021 tax purposes, distributions received within 2021 shall be treated as ordinary income or as short term gains on final forms." so when you did your taxes in april of last year they were all ordinary income. you cant argue with facts.
@@Whoisbu89 I'm literally reading the 1099 tax form. You're arguing with facts. I've been doing this for years. Please stop spreading fake information. Anyways, I'm sure people will find out via their CPA instead of listening to two people in the comments section. All I know is if you're treating it like ordinary income in your taxes and don't have a cost basis of $0, you're doing it wrong.
The purpose of QLYD is to have an regular monthly income , like EMB for example. So , we have to compare QYLD with EMB ( same Purpose) . Most people compare QYLD with QQQ , this is a mistake in my opinion.
I don’t get it. QQQ is $380 and QYLD is $17 why people compare this two as equal?
I only hold high yielding dividend funds in my Roth IRA. That alleviates the tax issue. In a taxable account, I'd only invest in low turnover funds, municipal bond funds, and indvidual stocks.
Also, the big reason why I am an income investor is so I don't have to sell any shares whereas those who have to sell shares to get their income can experience emotional turbulence when they have to sell for income in a down market. So, while I could get the same income from TSLA as I could another dividend-paying asset, I'm still giving up part of the goose that lays the eggs, so to speak.
In the end though, the proper strategy is the one that allows you to stay motivated and focused on your financial well being. As Dave Ramsey often says, financial success is 80% behavior and 20% head knowledge. I have found this to be true.
I’ve been thinking about adding QYLD into my ROTH IRA but I’m still not sure.
There are better income stocks (JEPI) but holding in a ROTH is a great idea
I use BDC for my Roth
I just joined as member. Where is the stock tracking spreadsheet?
The spreadsheet is available for Investor-level members. You'll get a link when signing up to that level or above.
@@josephhogue The benefits shown for the membership showed the sheet.
I don't reinvest my QYLD I use it to keep cash flowing in my portfolio to buy other stocks when I see they are undervalued. I think a key component to investing is to buy things when they undervalued for that to happen you need to have cash ready and available.
What do you think about jepi, jepq and svol right now? i have almost 40,000 shares in each and than i use a portion of my account to offset in cash equivalents etfs that are high percentage in money market accounts that also have a 0 - 3 month roll ladder in notes and treasuries to create a safe balanced portfolio. Do you think im to heavy in these covered call etfs? Im not afraid if my investments drop , i actually like them to drop because I can make more money on opportunity buys and the cash flow helps absorb the losses , do you think i should also go into other funds ? Maybe combine with growth etfs?
Love JEPI and SVOL is good diversifier from stocks
I’ve been putting 100 bucks a week into it for the last month or so.
It's a good yield. I just don't like the price drop compared to some of the other monthly dividend stocks. Check out JEPI
Can you do a jepi/ jepq comparison?
Anyone can look BACKWARDS on the market and shoulda, woulda, coulda 😂
I have 5000 shares of QYLD and plan on holding. I use this throw off to purchase about $900 worth of cars, meals, vacations and other stocks every month.
I thought reits don't pay qualified dividends??
What would happen if I invested in this I'm a Roth IRA? Or is this even eligible to be bought a Roth IRA?
You won't pay taxes on any dividends paid in a Roth IRA
I have it in my Roth IRA now. In a Roth you get taxed on the way in but once it's in the retirement account it's tax free and no taxes on distributions. You'll have a source of income in your retirement that won't be taxed. And looking at how things are going, it seems like taxes are only going up unfortunately. Plus it can grow with reinvesting turned on and snowball for even higher income if you don't need to use it.
I hold all my high dividend names in retirement accounts to avoid the income taxes. ROTH account is even better. Never pay taxes!
And here is another QYLD hater...
When I make a mistake in the market I will either dollar cost average down or just buy dividends to lower my dollar average is this a good idea?
If its a good company, then yes.
Love DCA but more as an over time strategy, just investing a little each month no matter price. With falling stock price, you have to watch that it doesn't become too much of your portfolio in case it never recovers
So Signature Bank SBNY was bought out but not closed. The stock is now .09 cents with a DIV of .70. Is this a safe short or long term play?
Definitely not safe. Likely the buyout will only fund assets and investors (shareholders' equity) will be totally wiped out.
@@josephhogue I think this would be worth you looking into closer with your resources that I don't have.
Qyld and divo which one is good ?
So individual divided stocks are better than etfs for taxes?
Only if you know exactly what you’re doing. Personally, I prefer indexes or ETFs that track Indexes.
His taxes comments are specific to QYLD. Generally, ETF's are more tax efficient than mutual funds and many individual stocks. Heed his caveat about the dividend because it can be comprised of ROC and premium yield.
It's not because it's an ETF; it's because the dividends are generated from selling options. SCHD is an ETF with the same tax treatment as individual stocks while other covered call funds have tax implications similar to QYLD
Better than the covered call ETFs but REITs are also mostly taxed as income so best to just keep all in a retirement account if you can
With individual stocks the dividends tend to be “qualified” but not sure if it’s always the case
Isn’t the dividends from QYLD considered ROC?? Making it tax free??
How about VOO or VIG?
Telly Springs
Wanna make good returns with QLYD? don't invest in it. That's how
It's a good start
I have 14,800 shares and love my big payments at the beginning of each month. Loving the 12%
@@BlueLinePools i bet you love that non-qualified tax too
Roosevelt Prairie
Hi Joe, I follow you on you tube, How do you feel about ETV dividend stock?
Ortiz Islands
I like the bow tie, but I think a blue Oxford shirt would be better.
Hi Joseph, great content a day like always. Could U compare Jepi, QYLD and IYK. I am just slowly start invest. Regards Piotr
Got u covered here ruclips.net/video/tNK24TFjey4/видео.html
Henderson Crescent
Stracke Terrace
Love qyld👍
Are you still bullish on SOFI? Lots of volatility lately.
Rath Extensions
I don't pay tax living in the middle east, income or CG, does that chance the position on this ETF?
We all pay us taxes before the money hits our accounts. 15% tho
Ezequiel Island
Are "royalty" payments legit? Supposedly you can invest in a company that holds the real estate, for example, for Amazon, etc. and they pay royalties. Do you know what that is all about? Legit or scam?
Isn’t QYLD down recently?
Don’t bag hold shares learn options trading way less risk in buying calls sell to close
Langosh Stravenue
Emmerich Coves
Jaylon Mill
Helmer Brooks
Dooley Stravenue
Marlene Glens
Elfrieda Grove
Barney Glens
The fees seem pretty gigh in this etf
Yep. Fund provider is hoping investors see the dividend yield and don't think to look at the fee
Daisy Fields
Makenzie Corners
Frederique Plaza
Growth 4 times on nodiv stock which is much better. It is worth the b risk. Thank you.
Green Drive
872 Goodwin Ramp
Ari Prairie
Abshire Lodge
Consuelo Inlet
Merritt Falls
Schmitt Place
Any one know others like qyld?
Wilson Sharon Hernandez Timothy Hernandez Donna
We don't pay axes in Isle of man. :)
Vivian Fields
Retha Trail
Kathryne Lock
There are just so many income plays better than qyld I can't fathom why you would pursue it.
QYLD is about timing as are many niche ETFs. They are, generally, not buy and hold products.
Well if I'm buying the dip to sell on the rebound, assuming it even does your returns would be pretty average on this stock.
Could you share some of those better income plays? I like to diversify on income plays so I'd love to know more options.
I'm guessing you didn't watch the video where I show two options better than the QYLD and why I don't like it.
@@josephhogue No I definitely did, most are on your other videos, best on RUclips in this space. Actually I don't dislike QYLD, it fascinates me, just the volatility to date makes me nervous, keep it on the watchlist at the very least aye.
Jacinthe Inlet
Audie Valleys
Fisher River
Delilah Springs
Soon as you mentioned realty income I was done. Hate that company yet everyone loves it so much. No idea why
Jepq looks better than qyld
Wisoky Ports
Johanna Flats
Luettgen Lodge
Loyce Row
Heathcote Station
Muller Via
Miller Laura Lewis Patricia Williams Kimberly
Lamar Underpass
Regan Route
Pfeffer Curve
Reynolds Pike