Today on Your Money, Your Wealth podcast number 364, join Big Al, talk covered, call investing

strategies, as well as preferred stocks, calculating interest on series eye bonds, required minimum

distributions from your retirement accounts, and when they must begin, using your retirement

savings at age 72 to buy a home, calculating your highest possible social security benefit and how it may be taxed.

We'll also hear some listener comments about YMIW and my record collection.

Your money questions and comments are what make this show a show.

So visit Your Money, Your Wealth.com and click Ask Joe and Al on air to send them to the fellas as an email or a priority voice message.

We take those first so Joe doesn't have to read them.

So we'll kick things off today with one we got from Michael.

I'm producer Andy Last with the hosts of Your Money, Your Wealth, Joe Anderson, CFP, and Big Al Clopine CPA.

Good morning, Joe and Al.

Very much appreciate your efforts and time and make the podcast, enjoy listening to it. Have an interesting question. Do you in your portfolio strategies ever think of using covered call strategies such as JEPI and QLD? In a rising market, they obviously will not participate as much, but in a down market,

they do have large dividend payments on the options they write that will reduce the downside.

Just curious in this environment where income is so hard to find,

is it something that for a small percentage you might want to include in your

portfolios? Thanks and keep up the good work. All right. Good question. Great question. Michael.

So it's hard to find income right now with fixed income instruments, isn't it? Yes. Well, I mean, it's improving a little bit, but not

not great. So let's talk about what he's referring to. There's new ETFs that are, have a,

either a covered call strategy or they're, you know, writing or selling call options,

more or less.

Right.

And what that means is for most everyone else that has no idea what that.

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