Got $10,000? This Unique Nasdaq ETF Could Turn It Into About $1,000 of Income Each Year.

The Nasdaq-100 Index is all about growth stocks -- it holds the top nonfinancial stocks listed on the Nasdaq stock exchange. That growth focus has enabled the index to deliver superior investment returns: It has more than doubled the return of the S&P 500 over the last 15 years.If there's one drawback to the Nasdaq-100, it's that it doesn't produce much income (the index's dividend yield is currently 0.8%). However, there is a way to have your proverbial cake and eat it too.The JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ) offers lower-volatility exposure to the Nasdaq-100, and monthly income. Here's a look at how this unique exchange-traded fund (ETF) can turn a $10,000 investment into roughly $1,000 of income each year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool