Today we’re answering the question: What is a dividend value trap? In short, a dividend value trap is a company that appears to have a high dividend yield now, but it is not expected to last. Let’s discuss. What is a Dividend Value Trap? A dividend value trap seems very straightforward, but they can be … Read more
Today I’m going to be outlining, in my opinion, 3 of the best stocks for covered calls. They are: Johnson & Johnson (JNJ) Proctor & Gamble (PG) Pepsi Co. (PEP) In this article I’ll breakdown why I like these three companies for a covered call strategy. I’ll also give some key context around a covered … Read more
Today we are going to break down the 3 best preferred stock ETFs. They are: iShares Preferred and Income Securities ETF – PFF VanEck Preferred Securities ex Financials ETF – PFXF Invesco Variable Rate Preferred ETF – VRP Each have a slightly different style to them. So ideally you should find the right one for … Read more
Today we are answering this question: Can You Live Off Of Dividends? The short answer is, yes! You can live off of dividends. the tricky part is determining where to invest and how much money you’ll need. To determine how much you need, simply divide your annual expenses by your expected annual dividend yield, less … Read more
With 2024 kicking off, are you looking for a simple passive income method? If so, look no further! I’ve summarized 4 passive income methods that any beginner can easily start. Let’s get right to it! 1. ETFs ETFs are an extremely simple way for any beginner to start earning passive income. Anyone with a … Read more
Looking for truly passive income in 2024 with just a click of a button? Look no further! Today I’m going to show you how to earn passive income with these 3 ETFs in 2024. Each of these ETFs give you a different style of passive income, so feel free to take your pick! SCHWAB U.S. … Read more