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Introduction
Before starting here on Seeking Alpha, I was fortunate enough to complete 21 years in the military and receive a pension for the rest of my life at the young age of 39.
Now, my
Looking To Live Off Income Faster? Get Paid Weekly And Monthly With These ETFs
Summary
- With inflation and rising living costs, I recommend high-quality dividend ETFs to help offset expenses and build passive income.
- REX NVDA Growth & Income ETF offers weekly payouts and capital appreciation potential, but carries NAV erosion and short track record risks.
- SPDR SSGA US Equity Premium Income ETF provides monthly income, reasonable fees, and growth exposure, though its short history and variable distributions are risks.
- For those seeking income, semi-FIRE, or to offset rising costs, covered call ETFs like NVII and SPIN are attractive portfolio additions despite inherent risks.
- Both funds are less than a year old and could lead to capital loss if they experience NAV erosion.
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Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income and live off dividends in the next 5-7 years. I aspire to reach and help the hard working, lower and middle class workers build investment portfolios of high quality, dividend-paying companies. I also hope to give investors a new perspective to help them reach financial independence.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SPIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.