Different strategies for different purposes, covered call selling and their etf counterparts are useful for those that need the income right away and don’t require the capital appreciation i.e. if one is retired or using the income to supplement their lifestyle such as during protracted periods of unemployment and/or to allow scope for holding on to their shares instead of selling them outright.
Capitral Growth, I can understand is worth consideration, however once invested to you really want to have a large sum that will incir capital gains at a later date should you wish to cash it in, however with the distributions it is more unit based, so if the position is that once the finds are invested they are not going to be withdrawn again, does the capital growth really matter, like if you won a home it is irrelevant if the house is worth 3 million until rates are calculated.... you are not getting income from it. If a larger number is your goal without an exit strategy, then I can understand the growth position, however you can spend income, and minimise tax on income . what are your thoughts on that? ie your assumption is that the final number accumulated is the most important, but it is the support of lifestyle whilst preserving the outcome of future income.
I wouldn't compare covered call ETF as a principal place of residence, which to me is an utility. They are more like investment properties that have high yields with capital loss - Once purchased, you are stuck with it because you are bound to lose money when you sell.
Hi, it is very helpful . Would you be able to compare the performance between NASDAQ:XYLD and ASX:UYLD? I'd like to know Which is better capital gain or yields to invest NASDAQ:XYLD and ASX:UYLD? Thanks
I'm glad you found it helpful! ASX: UYLD is really new, but here are the return% since their inceptions: NASDAQ:XYLD vs ASX:UYLD (capital gain+dividend income) 0.29%+9.51% vs. 4.62%+2.1%
Different strategies for different purposes, covered call selling and their etf counterparts are useful for those that need the income right away and don’t require the capital appreciation i.e. if one is retired or using the income to supplement their lifestyle such as during protracted periods of unemployment and/or to allow scope for holding on to their shares instead of selling them outright.
Capitral Growth, I can understand is worth consideration, however once invested to you really want to have a large sum that will incir capital gains at a later date should you wish to cash it in, however with the distributions it is more unit based, so if the position is that once the finds are invested they are not going to be withdrawn again, does the capital growth really matter, like if you won a home it is irrelevant if the house is worth 3 million until rates are calculated.... you are not getting income from it. If a larger number is your goal without an exit strategy, then I can understand the growth position, however you can spend income, and minimise tax on income . what are your thoughts on that? ie your assumption is that the final number accumulated is the most important, but it is the support of lifestyle whilst preserving the outcome of future income.
I wouldn't compare covered call ETF as a principal place of residence, which to me is an utility. They are more like investment properties that have high yields with capital loss - Once purchased, you are stuck with it because you are bound to lose money when you sell.
Hi, it is very helpful . Would you be able to compare the performance between NASDAQ:XYLD and ASX:UYLD? I'd like to know Which is better capital gain or yields to invest NASDAQ:XYLD and ASX:UYLD? Thanks
I'm glad you found it helpful! ASX: UYLD is really new, but here are the return% since their inceptions:
NASDAQ:XYLD vs ASX:UYLD
(capital gain+dividend income)
0.29%+9.51% vs. 4.62%+2.1%
@@IreneZhu Thank you so much!
Thompson Jose Anderson Anna Thomas Jose
Using ETFs for futures trading seems bizarre to me.
great sharing. do you mind to share what platform or app you use when you compare the performance of both stock?
Thanks for watching! That was Portfolio Visualiser.