PAUG
Innovator U.S. Equity Power Buffer ETF - August
stock BATS ETF

Research defined risk etf’s. Innovator Defined Outcome Funds for example.
In essence, you determine your own appetite for risk, with potential higher returns for taking on additional risk. And these are exchange-traded, so although they are marketed as a 1-yr product starting at the beginning of each month, you can jump out at any time if you hit the cap early, unlike a CD for example.
Ticker ZAUG (100% protected August offering) has zero risk of losing money with a potential cap gain of 7.28% if the S&P goes up at least that between now and next August.
Ticker PAUG (15% buffer August offering) has zero risk unless the market drops more than 15%, then the buffer is gone and you risk anything beyond the first 15%. If the market goes down 17% for example, the fund “absorbs” the first 15% and you only lose 2%. Potential cap gain of 12.25% if the S&P goes up.
Long video, but good information of how they work:
https://youtu.be/y5PDR4Ujt10

Research defined risk etf’s. Innovator Defined Outcome Funds for example.
In essence, you determine your own appetite for risk, with potential higher returns for taking on additional risk. And these are exchange-traded, so although they are marketed as a 1-yr product starting at the beginning of each month, you can jump out at any time if you hit the cap early, unlike a CD for example.
Ticker ZAUG (100% protected August offering) has zero risk of losing money with a potential cap gain of 7.28% if the S&P goes up at least that between now and next August.
Ticker PAUG (15% buffer August offering) has zero risk unless the market drops more than 15%, then the buffer is gone and you risk anything beyond the first 15%. If the market goes down 17% for example, the fund “absorbs” the first 15% and you only lose 2%. Potential cap gain of 12.25% if the S&P goes up.
Long video, but good information of how they work:
https://youtu.be/y5PDR4Ujt10