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Published on 2 Jun 2024 on Motley Fool via Yahoo Finance

1 Ultra-High-Yielding ETF I Can't Wait to Buy More of in June


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I love collecting passive income. It's nice to get paid for work you didn't have to do. I like generating passive income so much that my top financial goal is to eventually make enough each year to cover my recurring expenses. That way, I won't have to work to live.

I've got quite a ways to go. However, I get a little bit closer to my goal each month as I grow my passive income. I focus on investing in companies and funds that offer higher-yielding payments that should steadily rise over time. One of my more recent income-focused additions is the JPMorgan Nasdaq Equity Premium ETF (NASDAQ: JEPQ). I plan to buy more of that high-yielding exchange-traded fund (ETF) in June. Here's why I'm excited to add to my position this month.

A high-yielding income stream

NASDAQ.QQQ price evolution

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