Forbes on Nostr: Don’t Let Media-Driven Fears Keep You From These 7%+ Dividends ========== The ...
Don’t Let Media-Driven Fears Keep You From These 7%+ Dividends
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The article discusses the media's tendency to create fear and panic among investors, particularly regarding unemployment rates. It compares the current unemployment rate of 3.8% to the peak of 4% in 2022, emphasizing that there is no unemployment crisis. The article also mentions the media's concerns about inflation, which has slowed to 3.5% and is not dangerously high. It suggests investing in a covered-call fund like the Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) or the Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) as a way to protect against market volatility and earn higher dividends. These funds hold stocks in the S&P 500 and NASDAQ, respectively, and sell covered-call options on their portfolios. The article advises investors not to get caught up in panic and sell at a loss, but instead to be patient and collect reliable income streams.
#Investing #Dividends #Media #Unemployment #Inflation #MarketVolatility
https://www.forbes.com/sites/michaelfoster/2024/04/20/dont-let-media-driven-fears-keep-you-from-these-7-dividends/
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The article discusses the media's tendency to create fear and panic among investors, particularly regarding unemployment rates. It compares the current unemployment rate of 3.8% to the peak of 4% in 2022, emphasizing that there is no unemployment crisis. The article also mentions the media's concerns about inflation, which has slowed to 3.5% and is not dangerously high. It suggests investing in a covered-call fund like the Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) or the Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) as a way to protect against market volatility and earn higher dividends. These funds hold stocks in the S&P 500 and NASDAQ, respectively, and sell covered-call options on their portfolios. The article advises investors not to get caught up in panic and sell at a loss, but instead to be patient and collect reliable income streams.
#Investing #Dividends #Media #Unemployment #Inflation #MarketVolatility
https://www.forbes.com/sites/michaelfoster/2024/04/20/dont-let-media-driven-fears-keep-you-from-these-7-dividends/