Safest way to make 1% per month

Discussion in 'Trading' started by tonyf, Sep 1, 2021.

  1. DaveV

    DaveV

    What you are describing is a recipe for day trading. I think the OP is asking for a is passive investment strategy that averages 1% gain per month.
     
    #11     Sep 1, 2021
  2. newwurldmn

    newwurldmn

    junior debt in small companies will pay 10 percent.
     
    #12     Sep 1, 2021
    longandshort, taowave and Gambit like this.
  3. notagain

    notagain

    Buy and hold TQQQ, Stasi big tech is essential for authoritarian regimes.
    Screen Shot 2021-09-01 at 10.23.23 AM.png
     
    #13     Sep 1, 2021
    VicBee, Axon and Nobert like this.
  4. tonyf

    tonyf

    I was thinking about cumulative non-redeemable preferred shares actually - they sit just above the junior in a waterfall.
     
    #14     Sep 1, 2021
  5. newwurldmn

    newwurldmn

    same idea.

    there will be marked to market risk if it’s publicly traded.
     
    #15     Sep 1, 2021
  6. DaveV

    DaveV

    How is this a safe way when there are multiple drawdowns of more than 50% ?
     
    #16     Sep 1, 2021
  7. hilmy83

    hilmy83

    you can try QYLD etf. yield is about 11-12% if you can overlook the shitty growth
     
    #17     Sep 1, 2021
  8. tonyf

    tonyf

    are the QYLD monthly distributions considered a dividend from a tax perspective?
     
    #18     Sep 1, 2021
  9. tonyf

    tonyf

    forget that, this strategy is underperforming its own index.
     
    #19     Sep 1, 2021
  10. hilmy83

    hilmy83

    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
     
    #20     Sep 1, 2021