Dividend Stock Investing: Monthly Income Strategies with ETFs (SPYT, TLTW)

These are the highest paying monthly dividend stocks you can buy but are they too good to be true? I've found dividend stocks that pay as much as 84% yield on your money and I'll show you the risks along with which you should buy. Can these dividend stocks make you rich? Save $150 Off the Ultimate Options Course and Get the Options Calculator and Strategy Finder Free If you liked this video, these are perfect for you! » Want higher returns? I'm buying these 7 Stocks for 100% Returns this Year » These 7 Penny Stocks are the Only Ones I'm Buying for 2025 » These 5 Stocks Could be the Next Nvidia Returns It used to be only BDCs, REITs and closed-end funds that paid out the highest dividend yields and even that was only ten- to 15% dividends. Now single-stock and income strategies are paying from 20% to 80%-plus a year in cash flow and some are producing a positive price return as well. In fact, one of these high yield dividend stocks produced a 70% dividend plus a 70% return over the last year. But you know what we say, it ain't all rainbows and unicorns. There are some serious risks with these highest paying dividend stocks and you need to understand them before you invest. Most of these use complex options strategies to pay those monthly dividends. That can mean losses on the stock price and limited upside along with downside if volatility jumps. These dividend stocks are also taxed differently from others and it can eat into your actual dividend yield. If you invest in high yield dividend stocks, you need to watch this video and understand the risks as well as the upside potential for cash flow and return. Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. Disclosures: All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.