Build consistent returns — without trading futures.

Investing a fixed amount on a regular schedule (weekly/monthly) regardless of price.

Dividends are corporate profit-sharing. Distributions are an ETF-wrapper concept that can include dividends, interest, options premium, and return of capital.

Automatically using cash distributions to buy more shares instead of taking the cash.

Returns earned on previously-earned returns. The single most powerful force in investing.

Dividends are taxed as ordinary income or qualified (lower rate) depending on holding period and source.

A 'distribution' that's actually your own invested capital being returned to you — not income.

Holding period >1 year unlocks the favorable long-term capital gains tax bracket.

Selling positions at a loss to offset realized gains elsewhere, reducing your tax bill.

Sell call options against shares you own to collect premium. Generates income from positions you already hold.

You cap your upside. In strong bull markets you'll dramatically underperform buy-and-hold.

How much a stock or ETF moves relative to the broader market (S&P 500). Beta = 1 means moves with SPX; >1 amplifies, <1 dampens.

An Exchange-Traded Fund trades like a stock but holds a basket of underlying assets.

Annual fee charged by the fund, expressed as % of assets. 0.03% = $3/year per $10k invested.