A 64-Year-Old Swapped XYLD for SPYI in a $1.37 Million Portfolio. Here’s What Happened to His $7,300 Monthly Paycheck
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The post A 64-Year-Old Swapped XYLD for SPYI in a $1.37 Million Portfolio. Here’s What Happened to His $7,300 Monthly Paycheck appeared first on 24/7 Wall St..
Picture a 64-year-old retiree who keeps noticing the same thing on his brokerage statement. His Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) mailed a check every month, but its share price kept slipping. It fell about 18% over five years.
So he switched it for the NEOS S&P 500 High Income ETF (CBOE:SPYI) inside a $1.37
Picture a 64-year-old retiree who keeps noticing the same thing on his brokerage statement. His Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) mailed a check every month, but its share price kept slipping. It fell about 18% over five years.
So he switched it for the NEOS S&P 500 High Income ETF (CBOE:SPYI) inside a $1.37
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