Safest way to make 1% per month

https://www.globalxetfs.com/content/files/Global-X-Covered-Call-ETF-Tax-Primer.pdf

In 2019, for example, the Global X Nasdaq 100 Covered Call ETF (QYLD) made total distributions of $2.322700 per share. Of these distributions, $1.977693, or 85%, was treated as ordinary dividends/short term capital gains. $0.064376 (3%) was treated as long term capital gains. Last, $0.280631 (12%) was treated as return of capital

Personally i put in NUSI. i treat it like a long term savings account with crazy interest lol (7-8%) + avg 2% growth . I think more and more of these ETFs are coming out.
 
Personally i put in NUSI. i treat it like a long term savings account with crazy interest lol (7-8%) + avg 2% growth . I think more and more of these ETFs are coming out.
my issue is the withholding tax with those. Option premia is tax free but dividends are not.
 
forget that, this strategy is underperforming its own index.

you're looking at it from capital growth. Add back the yield you're pretty much in par with the index. I mean if you only care about steady yield, then i think it's good
 
Safest way is not to invest or trade.
Because chances of losing money is extremely high.

Go and be a cleaner, a laborer, a delivery man.... And every month, you will have a decent income
 
Safest way is not to invest or trade.
Because chances of losing money is extremely high.

Go and be a cleaner, a laborer, a delivery man.... And every month, you will have a decent income

Safe maybe, but not decent.... and a damaged back.
 
My approach would be to trade a small portion of a portfolio with a tested strategy that historically was capable of returning 50% per year. Trading 25% of a portfolio leaving 75% in cash, even if the original strategy had drawdowns of 25% your total portfolio would only experience drawdowns of about 6% and you would achieve about 12% per year. The added bonus is that you have less capital at risk so it may make sleeping at night a little easier.
 
Up on till April 14th, 2021, I would have suggested asking Bernard Madoff how to achieve the safest results. Said to say he went to the great beyond on April 14th.
 
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I was challenged last evening in a pub
on what would be the "safest approach" to make 1% per month

I was not able to answer

1% per month, 12% per year...basically asking for a Guaranteed return. That's essentially impossible to answer, or deliver on. Nothing is Guaranteed in the market. 12% guaranteed, or the "safest approach".

I can deliver to him 100% return in a month, but it's not guaranteed. Maybe even in a week.
If he wants a guarantee, or the "safest approach", he should let his money sit in bank checking account, or take up a CD or bond yield that pays peanuts.

Nothing good ever arises from a bar or alcohol. Drinking is a disgusting lifestyle habit to poison your mind and body, spirit and soul.
Society, the world, would be a better place..if Jesus didn't invent, or turn water into wine.
 
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1% per month, 12% per year...basically asking for a Guaranteed return. That's essentially impossible to answer, or deliver on. Nothing is Guaranteed in the market. 12% guaranteed, or "safest approach".

I can deliver to him 100% return in a month, but it's not guaranteed. Maybe even in a week.
If wants a guarantee, or the "safest approach", he should let his money sit in the bank, or take up a CD or bond yield that pays peanuts.

and where did you see words like "guaranteed" being used in the question?
 
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