What are your favorite ETFs or stocks for generating relatively safe but high yield income?
The two I have found to be pretty low-risk and a decent yield (over 7%) are
$JEPI which invests in high yield stocks with some call options and
$HYG which invests in high yield corporate bonds. Both are yielding over 7% and are "only" down about 12% with the recent market downturn.
I have seen higher-yielding products out there but most are down 20% or more which is NOT what I'm looking for.
Does anyone else have an opinion on either of these or something I might be missing?
Again, looking for a high yield with relatively safe returns.