"If you're optimistic about the high-quality global assets represented by the Nasdaq-100 but are worried about the current high levels and potential pullbacks, then the best approach isn't dollar-cost averaging or going all-in, but rather a Covered-Call options strategy. Sell call options to earn premiums as regular cash flow; at the same time, buy long-term call options to capture the growth of top global tech companies. Of course, there's an even simpler way. Open an account with a U.S. broker like IB and directly buy an ETF that implements this strategy, letting the fund manager handle it for you. Personally, I prefer QQQI in this category. Its monthly dividend yield is about 1.2%, with an annualized return of around 14.5%. Sit back and enjoy the dividends. In simple terms: - In a bull market, QQQI underperforms the Nasdaq. - In a bear market, because it sells call options, the losses are smaller than the Nasdaq. - In a sideways market, thanks to the dividend income, the returns are better than the Nasdaq. Compared to other similar strategy ETFs (like JEPQ), its downside is that it uses a 100% strategy-based approach, with a 0.68% expense ratio, which is relatively high. Its biggest advantage is that 98% of QQQI's interest income is classified as return of capital (ROC), which allows you to avoid most dividend taxes. If you're a mainland China resident, the 10% withholding tax on dividends will mostly be refunded to you around March or April of the following year (though it might be taxed again—based on my understanding of the tax authorities, getting them to understand what ROC is is about as likely as teaching a monkey about relativity). If you're a Hong Kong tax resident, the tax-saving benefits here are massive. As for JEPQ and others, they don't offer tax refunds. #Investing #OptionsStrategy #QQQI #Dividends #Finance #ETF #TaxOptimization