CAIE

FIREinParis

It has its uses, in my opinion, for people in their 80s when coupled with a crisis hedge like KMLM. The reason is almost all the initial returns are return of capital. So for the first 7 years or so, there’s very little tax but eroding basis. And then if the plan is pass the holding to heirs, there’s a basis step up at death. For time periods longer than 7-9 years, I think a normal equity etf like VTI or ITOT etc is preferable. So, as an example, 80 year old mom puts $500k in CAIE in a taxable fund. $500k in a IRA funds in a hedge like DBMF/KMLM in equal amounts. Very high payouts (greater than annuities) with a hedge. If mom dies at 88 to 90, kids inherit with basis step up, sell and redeploy without tax friction into VTI.

Fun-Ad4758

The steady monthly payout doesn't tell you how much you can safely spend over a long retirement. Calamos itself describes CAIE as an equity alternative, and its distribution rate isn't a total-return figure. The case I'd test is a downturn where both the income and the value of the fund fall. If that forces you to sell more shares to cover expenses, the high starting payout hasn't solved the retirement-income problem.

es330td

Covered call funds such as FTQI, QYLD or JEPI have produced cash flows of 9-11%. Contingent yield funds like ACYN or CAIE have historically produced 10+% cash flow as well. These are best held in Roth IRA accounts due to the taxation of current income if you can. Research these and see what makes sense.

vandalizethethief

Hey man, just go look at this website. I would never share this filth unless it was surprise. owned by SoFi who is like an abusive bank. First, it’s “check out my high interest saving account”. Then it was don’t you want to pay me $120 a year for access to that interest? What, hell no. Then you offer me 1% match on taxable accounts now it’s 2% percent but it’s given up front so they have horrible clawbacks. I had no idea and deposited $10k to buy automates, mainly CAIE and CAGE plus a little bit of long term bonds that I figure if they go tits up then I will be worried about looters not my portfolio. Don’t sign up for anything just look at what AI trading is good at it and all great traders are good at it because it works quickly but this is more established strategies you can copy and adapt. Basically, you want money or to be famous on some The drawdowns suck though but stick to the tried and true quant models https://www.composer.trade I also called out Hyperliquid and PURR months ago and mentioned them by name in a NASDAQ goes to 23/7 or whatever. It got an insane amount of upvotes but I said “because of Hyperliquid”. Now look at these bums over at the CME, CBOE and NASDAQ. Scared shitless of perps. Faster, less fees, better design and now they can’t have their fees because as a token holder you basically get 99% of Hyperliquid’s revenue of fees through 24/7 buybacks. We profit, they profit and it’s the most share/token holder company I’ve come across in a while. That is their selling point. No VC money, 11 guys, all geniuses at HFT and MM at Citadel just bootstrapped. It blew up overnight and then rode the crypto Trump boom but set itself apart when it took over oil trading with crude and Brent futures built into a perp, 24/7. No one wants to get fucked by Trump on a Friday. Turns out you don’t have to & quickly oil futures opened at Huperliquids perp pricing for Brent and crude. They did a great job on trading the pre-IPO of CXMT (biggest Chinese DRAM company) within a few percent which is much more accurate. Sigh….too much BTC ETH SOL HYPE trading, not enough sleep hence all the “caffeine” and rambling

vandalizethethief

No one does, unless it’s over a very short timeframe but you came within 2% with less beta and concentration. I have no idea what that Dow Jones total stock index is. Is it like VTI? Also you’ll never beat an index bc you have to pay fees on your ETFs. I’m just trying to beat the tax man. I bought a tax free muni etf from Schwab in my SoFi investing account bc I get an extra 1% in taxable accounts. 4% tax free sounds pathetic but it sure beats corporate bonds that are down & pay like 5%. I also park my cash in box spreads (index only) or just use CBOX ETF. Loaning or borrowing money from the options market will beat most personal loans and you can’t “guhhh” on index options. Also CAIE & CAGE are two laddered autocallable ETFs that outperform but just came into existence but the index they track has been around for a while. Again, these are all about getting exposure to the S&P w/ deferred taxes. All dividends paid by CAIE are treated as ROC (currently \~14.5% annually and CAGE is a bit riskier bc it has a 1.3 beta to SPX so it leverages its coupons & if they fall below a certain threshold they harvest the dividends & then reinvest. All dividends are reinvested & it’s at 28.3% yield annually. Considering I bought my shares day 1 for $25/share back in April & they are trading at \~$30 today that’s already 18%. I hedge both for black swan events with way OTM VIX calls. Currently using 45 and 50 strike calls worth a nickel. Learned that from the Covid Vix trader who would come through & hedge a massive portfolio with 50 strike nickel calls. He apparently still was down but a lot better off than other strategies that failed or blew up during that time. He or someone else is still doing it. Buying 100k VIX calls for September (the worst month historically) for a nickel each. The market is all over the place but breadth is widening so until bonds, gold, stocks and crypto all start going up at once I’m not too worried & will buy my nickel VIX calls especially since VIX and VVIX have been extremely cheap recently.

vandalizethethief

My CAIE & CAGE ETFs putting in work. plus my bullish bear put spread on SNDK although I didn't realize an investor day was worth a 16% move but that was nice of all the Koreans buying SOXL.