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59: How to Generate Your First $1,000 of Passive Income

Rich Habits Podcast

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Generating Passive Income with SPYI and QQQI ETFs

Exploring how SPYI and QQQI ETFs offer passive income through covered call strategies on S&P 500 and NASDAQ 100 indexes. The chapter delves into tax efficiencies, reinvesting distributions, and optimizing after-tax returns through strategic asset allocations. It also discusses the trade-offs between income generation and equity appreciation for long-term investors.

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