For long term. All are covered call ETFs on the broad market indices, QYLD, XYLD, RYLD are the most liquid. I have about 20-percent of my IRA in these and some REIT etf's paying annual 10-precent monthly. Other than that when I am bored and hate money I scalp index options with very mixed result. At least not all my money will be up in smoke... These ETF's are marginable BTW.
%% Me 2; cash ETFs, some 2x, 3x inverse mostly, some SH,sds.............. SPXL; Actually i planned on buying UPRO early today but going down to much. Exit on TZA, i planned on buying more TZA but other inverses did so much better i can take a hint.............................................
Schwab sent me email about some politicos wanting to limit inverse and leveraged etfs - the country is going mad I hope it will never pass. There was a petition and stuff to fill out. Did you hear anything about this?
%% Something like that; i got a personal message from ALLY bank/brokerage on the extreme risk on commodity based ETFs. I laughed , because i most likely study trends more than they do. ALL the time/ when ever i buy any leveraged ETF@ all / SCHW ,ALWAYs makes me read the ''NOT suitable for most investors, ''; it maybe be a SEC requirement . They use a yellow [caution exclamation point on this disclosure/LOl] But good color/caution warning
The only REITs paying 10% are the dreaded mREITs like Annaly. These will collapse in times of credit deterioration which is what is happening right now. Since June 2021 it is down 30%. That 13% dividend won't help you.