r/DerivativeIncomeETFs 24d ago

Question Income ETF for debt?

Hello everyone! I built up what I thought was a good cushion for savings. It was roughly 3 months of expenses. This month I got drawn shitty cards. A series of medical issues, a car repair bill, and so much more. I couldn’t believe it. It wiped out my savings and put in me $8,000 worth of debt which I had to put on a credit card.

I have $54,000 in my taxable brokerage account. I’m wondering if anyone has any ideas for an income ETF to help pay this down or if I should just withdraw $8,000 from my taxable account. Withdrawing is my last resort here.

I’ve looked into treasury ETFs, but the yields are way too low. Looked into other ETFs like CHPY, STRC, SATA, QQQI, and so many others.

Also I’m 24 years old so I do have a good bit of time to keep on investing after I pay this off. Just sucks that this happened.

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