Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

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I would focus on a type of investment vehicle that interests you that will create passive income. Then find a book specifically about that vehicle.

For example, I have an evergreen YouTube channel that generates some passive income.

I also have ETFs that pay 10%+ dividends.

I also recently purchased two apartment buildings - which required a lot more research and a mentor to execute properly.

funnylike

QYLD and RYLD both pay well. That said, they dropped with the market over the last year so there is still risk. However, they still pay dividends consistently.

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What ETFs are paying a 10% yield? That smells like MLP type territory and that isn’t really equivalent to a dividend in any meaningful way.

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Read The Simple Path to Wealth

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Example ETFs with dividends above 10%:
JEPI
JEPQ
QYLD
RYLD

likesmart

It’s not that they’ll be down more; it’s that’s people should understand that they’re selling most of their upside for the yield, while keeping all of the downside of the equity index that it’s tracking.

So I basically agree with you, but referring to broad ETFs without noting what they are is a bit… weird. I had some 50-60% returns on leveraged ETFs, but wouldn’t broadcast that without saying that they were levered funds.

That’s great! I’m working on creating another cashflow, let’s catch up and talk.

There is nothing close to 10 here. Do you have a different list?

https://money.usnews.com/investing/funds/slideshows/best-high-dividend-etfs

These are curated lists and I’d stay away from USnews.com advice

It’s obviously sarcasm folks

If you are referring to me, I’m afraid you are incorrect.

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