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Podcast: Collect Cash
Episode: LIVE OFF Dividends FAST with XYLD! (10%+ Dividend Yield)
Description: Traditional Dividend Growth Investing is a great way to build generational wealth and consistent passive income. However, one draw back is it takes a considerable amount of time and money to be able to enjoy early retirement. Today we will talk about XYLD, a covered call high yielding dividend ETF that pays massive monthly dividends. XYLD tracks the S&P 500 and sells call options against it's holdings. This is what allows for the large dividends that they have been able to pay out for the past 8 years. Having enough shares of XYLD, could make early retirement possible without as m...