QQQI
NEOS Nasdaq 100 High Income ETF
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Thoughts on the "double dipping" portfolio ive been building
Is the wheel strategy a viable FIRE income plan vs. the 4% rule ?
Having to sell $10k to pay bills. Which one would you pick?
How are covered call ETFs taxed in an inherited IRA?
I am at a crossroad in my mid 20s of what I should do, I'd be very appreciative for some advice
What stocks should I invest my $1000 into (Roth IRA).
Thinking About ROC Heavy ETFs in a Zero Capital Gains Country
Portfolio is -80%. learn from me. Offer advice if you can
QQQI CC and Secured puts Strategy (looking for advice)
Just started investing at 19! A lot of things overwhelming and need advice.
Transitioning from the Accumulation to Distribution.Spend phase of life and generating income in retirement?
Investing Strategy: Dividends viable for living in low income countries?
QQQI vs QQQ/SCHG? Why does QQQI appear to be the better option due to market volatility and potential sideways action?
Investing Advice For A 38 YO Healthcare Business Consultant.
Feeling stuck in JEPQ - hold or take the loss to move to another fund?
anybody investing in these 10%+ dividend yield ETF's?
How can the SEC yield be so much lower than the distribution yield, and what does that mean for future dividends?
What’s better than MSTY for return on capital and dividends?
What’s better than MSTY for return on capital and dividends?
young buck looking for some advice from the seasoned veterans
Mentions
A mareket crash can be an emergency if you loose your job at the same time and your 12 month emergency fund gives you 1 year to find another job. But if you look back to 2008 the crash happened slowly in 2008 and unmpolyemnt was high for several years. I now people that were unemployed for several years after 2008. So no mater how much cash you have it might not be enough. For a long loss of income I have found that investmeitng for dividend in a taxable account can work with your cash emergency fun d and in fact help you through a long emergency or help you work toward getting a home. For eaxample I have funds invested QQQI 14% yoked, adnSPYI 12% and EMO 8%, UTF 7%, UTG 6.8%. Over the years you can build ups this monthly income from these funds so that they provide a stable income source that you will still have even if you are unemployed. And when you are employed you can use the dividned to keep your cash emebency fund full , invest the extra money. Additionally you can get a home with home loan and then use the dividned income to cover the loan. Same can be done with a car purchase. Or you could use your cash tomboy a car and then use the dividned income to refill the cash account. Now it does take time to build up dividned funds so it can take years to get to the point were the dividend will be helpful. But once you get ther you have option that you don't have with just work inocme. You can even build it up to cover amore than of your living expenses and retire long before age 60 when you can access retirment fund.
$1M in QQQI pays \~10k/month. \+$1M in QQQI on margin, another $10k/month, less $4k for margin interest. $16k/month, forever, taxed as “return of capital”, not capital gains, and you write off the margin interest. Doing absolutely nothing.
It all comes down to your risk tolerance and timeframe. A BDC like ARCC may falter for a while, have to cut its dividend, etc but will typically recover over time (as long as their reputation isn’t destroyed). If you want say a 10% dividend, you can invest in ARCC or other BDCs or you could invest in a CC ETC like GPIQ or QQQI which are based on tech stocks. Anything paying you out 10% annually has risk to it. If you are going to panic when it’s down 20% it’s best to go with something more conservative. We ALL (including me) claim to be risk-tolerant, but it’s hard to see your hard-earned money disappearing. The psychology of investing is the hardest part. In my opinion, currently, the safest two BDCs currently are HTGC and MAIN. Of those two, HTGC pays out more - almost 10% on its base dividend. I strongly suggest that you spend some time learning about whatever you invest in beforehand. Speaking from experience, not understanding an investment can be costly. Not investment advice.
I’d say quit trading options. Invest in the SandP500, QQQ, and QQQI
If you want $500/month you’re looking at roughly $120‑150k invested at 4‑5% yield (or $200k at a conservative 3%). A realistic way is to start small with a low‑cost dividend‑growth ETF like VIG or QQQI, use a DRIP, and add a few hundred dollars a month. Let compounding plus the steady dividend growth lift the balance over 10‑15 years. Just stick to sustainable yields—high 10%+ spots often hide dividend cuts, so stay on the growth‑income side.
I hold about 25 k in JEPQand same foR QQQI pays MY RENT in Thailand . 🫡🫡
I’m looking forward to when the 10 year pays the same as QQQI
Heh, I bought QQQI and for a divy stock it’s still seeing a ridiculous amount of growth
First step is to insure you open a ROTh IRA and max it out every year for retirment suing growth index funds. If your employer offers a 401K open a 401K and contribute to that. Retirement investing works best when you have a lot of time for your investments to compound. So start this as soon as you can. With your expenses at 12K a year start putting money in a quality high yeidl fund. QQQI 14% yield in a taxable brokerage account. 85K in this fund will generate about 1K a month of income This would cover much of your living expenses. This way if you loose your job and income you would have the dividned income to cover your living expenses. And with QQQI you can turn off dividned reinvestment so that the cash shows up in a money market account inside your brokerage account. QQQI and the money market fund would become your emergency fund. keep 6months offish in the emergency fund and use QQQI to keep it full. Eventually you can grow QQQI enough to also cover the yearly Roth [deposit.It](http://deposit.It) will take a few years to build up QQQI and the emrgency fund but once you have you won't regret it.
I’ve lost too much money on trying to time pullbacks with puts. If I’m worried about the market I’ll go cash or dump everything into QQQI like a savings account. If I think it’ll pump back I move back into TQQQ to grab the rip. It’s been working really well. Then I’ve been buying 2-7 DTE calls but only on calm, low IV red days. That’s hit or miss. I probably close too soon instead of letting winners run
Tqqq shares, QQQI shares, and QQQ calls. My entire portfolio and trading strategy
A good qualifite covered call fund would be my choice. QQQI 14% yield, SPYI 12%, IWMI 14%, and MLPI 14%.These funds have a yeidl high enough that they should be vclose to doubling in value 7 years with all dividends reinvested. And in addition to this they are very tax efficient due to tax loss harvesting and and the resulting ROC dividneds they produce. Now the dividneds may go up and down with he market but they won't go to zero But VOO in a bad market can have negative earnings or ever zero for an extended period of time. And governmentbondds don'tprodcue any meaningful yields.
June* I fucked up. Bought QQQI at the beginning of September tho!
They can open fidelity Roth account and make regular montly deposits into it Each of your parents should have there own Roth account. They could move the cash into these accounts dn start investing it. They could US VT, QQQI, EMO, UTF, and UTG. XT for growth and the rest are very good dividned funds. SCHD is mostly a growth fund not a dividned fund its 3% yield is too small to be of much help to them now. . At their age they should be focusing on dividend income
dividnend are never guaranteed. they can be reduced at any time. Covered call funds like GPIX will likely reduce there payout in recession or market crash But non covered call funds are much more likely not cut the dividend. even bond funds may not reduce the dividend. fore example UTF7% yield, UTG/ MAIN 5% did not cut the there yield in 2008 the worst market year since the great depression there share price took a big hit but they continue to pay a dividned. But that said ETFs, mutual funds and CEFs are much more resilient since they have many stocks instead of just one. So funds likely will never see the yield go to zero. Tocompensate for dividend payment variations many use a mix of dividend fund say 6 that way if onegoes bad it will only effect 1/6 of your income. And it each fund is invested differently that also helps. Lastly you can target a higher dividend income stream than you need that way if the dividend is reduced you might still get enough income Using dividend for an emergency fund is far better than just a cash emergency fund. Simply because the dividneds will keep comming in while a cash emergency fund will run out of money I currently have in a taxable fund investments in QQQI, SPYI, EMO, UTF, UTG, PFF. Dividend reinvestment is off so the dividend will show up as cash in a money market fund. I keep 6 months of available at all times. And if the cash amount exceed 6 month. I can reinvest the excess for more dividends or Choos etc keep a larker emergency fund This works well for emergencies in that if you exceed the cash ammount you still have the money income (All these funds pay monthly dividends. Yes the dividned can drop fromQQQI and SPYI in a recession but the other 3 and the money market fund are more resistant to dividend cuts. PFF and EMO invest in companes or assets that are also more resistant to dividned cut and alll pay qualified or ROC dividend to minimize my taxes eventually increased the dividned income so that right now it covers all of my living expenses. and then I have added the non covered call fund and em building they to hopefully reach 10K a month of income. So that if my income does drop in the next recession I still should be able to cover all of my living expenses. I retired at 55 with my taxable covering all my living expenses and I do have S&P500 index fund in this account that I can sell at a loss if needed to cover expenses. I also still have my 401k and Roth
That doesn’t scale well. I can slave away at my job quietly stacking QQQI, SCHD and VTI OR I can learn to trade options myself effectively. I have far more control over my *own* CCs vs someone else’s. I have the mathematical background and discipline to calibrate my risk-reward profile and have had some success with futures already but want to explore options. As I get better, I can try trading with lower DTEs and eventually w/margin
Might be QQQI FTW for a while. So gay
There’s also QQQI which by all accounts shouldn’t be growing but is for some reason
People tend to think of an emetency fund as just cash. But your investments can also be your emergency fund. And using you investmnent this way can work better in in real emergency. For example instead of cash you can hold an assets like the S&P500 index funds. and must sell toff in an emergency. Now yes youmightsell it at a loss. But the same time when you don't need it is growing faster than High Yield Savings Account earning 4%. But if you compare an index fund to dividend or coperate bond funds. you will find dividned like CLOZ that stays within =/- $1 price rang and pays 7%. Yes it don't have growth but the yield is higher. So the risk selling at a big losss is quite small when compared to growth index funds. And then there are funds SPYI with has a little bitof growth and a yield of 12%. So if you sell this fund You will probably sell at a small profit. And reinvesting 12% yield is better than any savings account. But the you have 12% yield do you really need cash savings. SPYI also pays in its dividend montly. so 100K invested in it is 1K a month of income. So all you have to do is turn off dividend reinvesting and the money cash will show up in a money market account which is similar to HYSA. You could hold onto 6 moths of dividends in the money market account. And if that isn't enough you still have 1K a month comming in. If you cash build s to more than 6 moths you can reinvest it in the dividned fund. You could easily use thedividneds to growth this emergency portfolio over time until the dividned is more than 3K a month. Without adding a dime of work income. With several K a month coming in you could also start coverneidn regualrexpeneses with your dividend income which will allow you to save more work income. I have a taxable account with QQQI13% yield, SPYI 12% , KGLD 12%, EMO 8%, UTF 7%,UTG 6.8%, PFF6% Thisaccount today These funds today generate more than enough to cover my 5k a month living expenses. And it allowed me to retres about 10 years earlier than i wasorinonally expecting And I have stated some money a S&P500 fund thatI can tap for big expenses if need or if my dividned income is reduced in the future. And this is in addition Tony 401K and my roth. and age 60 instill several years away. I started out with 401K and maxing out the deposits every year and built a a small growth index fund for emergencies. And generally only had about 3 months in banks savings. Fortunately I worked 32 years at one company and never got a layoff notice. I didn't know anything about dividned until about age 45.
You never know how long an emergency will last in 2008 many people were unemployed for at least a year. A friend of mine was unemployed for 8 years. The answer to this quest is to not have a pile offish. You simply will never know if it is enough. Instead invest your money for income there are many companes out there that have payed a dividend for many decades without reducing or cutting the dividend. And there are many ETFs, and CEFs that have also done this. I use QQQI, 14%yield, SPYI 12% KGLD 11%, EMO 8%, UTF 7%, UTG 6.8%
Cash is never a defensive position. If you need to tap and spend it it is gone forever. And if another bear market happened a few years later you will have less cash available. You are better off adding dividends to upper portfolio. Dividend fund produces steady stream of income. i took growth in my taxable brokerage account and and invested it in QQQI 13% yield, SPYI 11% EMO 8% UTF 7%, KGLD UTG 6.8%, and PFF 6%. Today my taxable brokerage account generates 5k of cash per month. Dividend reinvestment is off and the cash aqumulaqtes in a Money market acount. Money market accounts are brokerage equivalent to to HYSA. I keep 6 months cash available in the money market account. Any excess money I can spend. It generates enough cash to cover my living expenses. Now it does take time to build this account. But if you start building QQQI and restrict you HYSA to 6 months and putty excess money into QQQI you could start using the divine income to keep your HYSA or money market account and eventually cover regular month bills and expenses. Anid if you loose your job you can live off the dividend income indefinitely. And you still have cash available for the unexpected expenses.
Im bout to just full port into QQQI, turn on DRIP, and just uninstall the app for a year. Will make way more that way at this rate.
In my taxable account Invested in dividend covered call dividend funds and some closed end funds for dividend income. For example QQQI has a 13% yield and it is tax efficient. If you had that in your taxable brokerage account you could put money in QQQI and reinvest the dividned to build up income can use the income to to start a roth retirment accounts and pay for th 7500 per year deposit limit. In invested in QQQI, SPYI 11% yield, KGLD, EMO 8%, UTF 7%, UTG 6.2%, PFF 6% Today these funds generate enough monthly income to cover all my living expenses (about 5000 a month. And at that point I retired. Every dollar of income your investments generate is one less dollar of work income that doesn't have to be spent for retirement saving, food, or gas for the the car.
The brokerage equivalent to HYSA is money market account. Money market accounts are insured like HYSA. But since a money market acount is in a brokerage you can use a dividend investment to fill your money market account. For example you can put money in your taxable brokerage into a fund like QQQI 13% yield and it tax efficient. . So you could gradually build up QQQI so that is has 57K invested. At that level the yearly dividend is 8K. Which is enough to deposit into the Roth without using your work income to make the deposit. To get enough interest from a HYSA to get 8K you need to invest 200K. So with QQQI in your taxable account you you could turn off dividend reinvestment so the sad dividned are not reinvest and show up as cash in a money market acount. Eventually the taxable account could be also used as your HYSA. with QQQI filling the money market account. And at that point you won't need to put your work income into your Roth or your HYSA. And if you count to build up the dividned income with QQQI or other dividned funds you could eventually get enough taxable income to cover all of your living expenses. And you can have growth investment in your Roth I have QQQI, SPYI, BTCI, KGLD, EMO, UTF, UTG, PFF. to maintaning 6 month cash emergency fund and enough income to cover all of my living expenses (about 5K a month). It allowed me toretire early.
Right? 6 is enough to just go all in on QQQI and divys for life!
The point of an emergency fund is to have case available for the unexpected big bill. For example you get into an accident and have to stay in the hospital for a week. OR there is a storm and your home gets hit by lightening and your outlets and lights stop working. Or you get into an accident and need a new car. These thing do happen. The emergency fund was never designed to protect you from a market downturn which might last 1 to 10years based on historical data. The 6 months of living expenses is often recommended because anything more than that you would be better off with investing it. But if you invest it select an investment that will resolve your your biggest inviting concern. For example:If you don't want to sell stock in a downturn invest in a dividend fund like QQQI 13% yield. 100K invested in this fund will produce about 1K of income a month without selling any stock. And it is a tax efficient fund.. OR if you want money for a big expense you counld invest in grwoth index fund and selll that if you need money for home repair or cart replacement. ut I didn't just use QQQI. I also have SPYI, KGLD, EMO, UTF, UTG, AND PFF. These together generate 5K of income a month without selling. And they all generate qualified ro ROC dividends which are very tax efficient. And each fund having a different risk level. The lower yielding funds have a history of paying a dividend in the worst market year in living memory (2008) while the others have higher risk but very high yield. And I have 4 years of income FXAIX a S&P 500 index fund. And I have a roth and 401K. Yes it does take years build something like this. but the peace of mind of knowing that no mater what happens I can pay my bills and keep food on the table makes it worth the effort.
ETF and mutual funds are designe and share price stay close to each other. Generally the share price tays within a few dollar of he NAV. With a money market fund the NAV and share price are fixed at the value of the dollar. With a CEF the is no mechanism to keep the share price at the NAV. So the share price may trade below or above teh NAV sometimes significantly. But that said most of the dividend comes from selling covered calls. A 20% yield is on the high side of what a covered call fund can do Sinc the share price is currently below the NAV the fund may be losing money with its covere call operation. I generally prefer covered calls funds with a yield of less than 15%. At this yield level most covered call fund make more from the covered calls than they lose. Some good covered call funds I have are QQQI 13$yield, SPYI 11%.These funds don't lose NAV. The NAV is actually increasing and as well as the share price.
You should check out SPYI and the QQQI the latest and greatest in covered call ETFs. Better tax strategies and growth capture
My concerns would be those are high return percentages to target, and specifically for QQQI it is a very new fund, so there is uncertainty for it's long term behaviors.
Great! Now buy 18,500 shares of QQQI and make over 12k/month doc
I think that is part of my retirement plan. Hope for some low rates, then pull all my home equity out in cash with a 30 years term, and shove it in QQQI or something.
6 months of living expenses in a money market fund Anything more than theat your better off investing it in covered call fund paying a 10% yield Like GPIX and SPYI, or QQQI.
Yea but you're not gonna like this... My excuse is I'm in a custody battle with my ex and need income. I have 2000ish shares each of NIHI SPYI QQQI and IWMI. 500ish of BTCI. I'm holding a couple speculative stocks but only 10k per of those I'll keep in hopes of a big payout in 2030. Those are the only things I kept when I switched to income. Before that I was all VOO and chill. There's been some big changes in my life this year.
Question. Does anyone bother with SPYI or QQQI? Basically getting SPY/QQQ, but with high dividends.
I’m glad it worked out for you. If you are sincere with your question then I will answer it. If I had 100k sitting not being put to work and I was looking to invest it I could employ a couple of different strategies. Passive investing like buying the S&P. High yield dividend income investing like SPYI or QQQI. Or the last, which is what I would do, purchase some quality companies that are trading at a discount and start selling covered calls that are out of the money. The inverse to the last strategy is to identify some beat down quality companies and sell puts on them. There’s a higher rate of return, and if you eventually get assigned, then you implement the wheel strategy.
I’ve considered MLPI or QQQI. Just to let it compound. I read to much about NAV decay and NAV drag that is what is stopping me from choosing a “premium income fund”.
Sure if you have no shares haha Should’ve just put into QQQI instead smh
Roth and brokerage account have very different rules and can be used in very different ways for different purposes. In my brokerage I have invested in QQQI, SPYI, KGLD, EMO, UTF, UTG, PFF. These provide montlhy dividned that have a tax calsifcation of Qualified or ROC for tax efficiency this portfolio covers all of my livinenexpenses of 5K a month allowed me to retire in my 50s. Now a roth cannot easily be used fro income prior to age 60. So VOO and chill will work. But you might also want to add some QQQI in it so that the dividends will add to your your yearly deposit allowing more than 7.5K a year of cash flowing into the account. The more cash flow into the account the larger it will be when you retire.
I'm feeling smug with my QQQI distributions while everything moves sideways. Probably means I'm about to get fucked.
you don't have to be growth or dividends. You can do both in one portfolio. In my taxable account I have FAGIX for growth. For dividneds I have QQQI 13% dividned yield, SPYI 11%, KGLD 11%, EMO 8%, UTF 7%, UTG 6% PFF 6%. This portfolio currently generates 5K a month that covers all of my living expenses. I does generate a bit extra about 1K which I reinvest for more income. These dividend funds pay monthly and produce qualified dividned to minimize my taxes. Since i started investing for dividends just before 2020 I have not seen any dividend cuts or any significant problems. Automatic dividend reinvestment is turned off for all these funds so the cash is in a money maker account and I keep a minimum of 6 months in the money market. FAGIX is the market holding with some individual growth stock picks. Otherwise every thing is in ETF or CEF funds. The growth is mainly long term savings for major emergencies or inflation adjustments. And I have 401K mainly growth and roth IRA which is a mix of growth and dividend. But since the Roth is tax free I have other dividend funds that are not tax efficient. Since dividends are very stable I don't worry about the volatility and risk of my growth funds. If I sell growth it is only in the ammount necessary for the emergency or inflation adjustment For example sell 4% of the growth once every 4 years to insure I never run out of growth.
If your investment phiosophy is growth focused many do sell when the market drops. But dividends investors typically don't sell . Growth if very volatile but I'm comparison dividend are typivccallly very stable. I have not seen any any dividned cuts since i started focusing on dividend just before covid started. I have a taxable account that is focused on dividned income it generates 5K a month reliably which I use to cover all of my living expenses. I am currently invested in QQQI 13% yield, SPYI 11%, KGLD 11%
I have QQQI 13% yieldSPYI 11% , KGLD 11%, EMO 8.5% UTF 7%, UTG 6.2% test the price goes up and down but they always pay a dividend. You could get about 1K a month form these funds and the income is taxed at a very low rate so they are tax efficient funds. The income has been very stable. The dividned are paid out monthly so I primarily check the dividned ammount one a month and and ignore the up down news.
NEVER trade with money you can't afford to lose! After 20-years my job gave me a 1-year severance in 2024, which I then focused heavily on up'ing my trading skills etc., so glad my brother-in-law had got me into trading in 2023! Ultimately I retired early not wanting to compete with other (now 20) to 40+ year old engineers that have been getting laid off as well. I was trading in the upper 60 to mid 70 percentile, as far as win / loss, nothing spectacular (aka worthy of a YouTube channel LOL!) Once I discovered the monthly return ETFs (QQQI, SPYI, JEPI and JEPQ), in my IRA, I went all in, and bless, they're paying my mortgage every month and other bills. I've also added some income ETFs now in my stock account to make cash when I'm not trading, I park those returns into SNSXX (avoiding state taxes) as emergency cash / dry powder for trading. Recently learning of OVI here on Reddit, I'm trying some of that too to see how that does... Good luck w/your investments!
1). The monthly income you are getting now will basically be untaxed as they achieved 97% ROC and hence their fees are worth it. 2) Your basis in the stock adjust down accordingly creating a deferred tax time bomb when you have to sell them. After 7 years, the basis is likely 0. Everything from here on out will be long term gains 3) for the 7 year window (QQQI) and 10 for SPYI, it is a chance to cutover from a tax rate say 55% for me into 20% down the road when I no longer plan to work. 4) It's not really ideal for someone in their 20's and 30's kicking the can 7-10 year out and create a bigger tax problem, but perfect for people that plans to work a few more years and kick the can to early retirement (before SS or forced distribution of other deferred comes in. You can't overdo it as income in 2031 even when not working, have SS or forced distribution can still create a problem. Something around 50K in annual income is manageable for tax. 5) I plan to donate them once the basis is 0 to take the tax deductions if it makes sense and contribute to society
Oh no? Why not? There was a lot of buzz about QQQI in recent months. Both have gone up since I've had them, which isn't long.
You have done very well saving but you are imbalanced with all growth and no income. What I would do is sell the 100k and reinvest the money in a high dividned fund, QQQI for example. QQQI has a yield of 13%. So that 100K would generate 13K of income per year and it is a very tax efficient fund so you won't pay a lot in taxes. 600K in high yield funds with a yield of 10% would generate 60K a year of income. So you may watt to start slowly shiting your portfolio away from growth in the taxable account. You could use the money from this fund to pay down your home loan or if needed use the money to cover other expenses. And if you slowly sell of and reinvest the money in the brokerage account in to dividends. you could buildup secondary income sufficient to cover muchof your living expenses. giving you more financial security. In my taxable I have QQQI 13%, SPYI 11%, KGLD 11% EMO 8.5% UTF 7%, utg 6.2% , and PFF 6%. The lower yielding funds are selected based on nong term dividend stability. The other are covered call funds with no NAV erosion. All are tax effect producing mainly qualified or ROC dividends to minimize taxes. For me this protfolio generates 5k a month. Enough to cover all of my living expense.
Some people prefer no bonds others prefer dividends over bonds. many just go with growth It is mainly a mater of personal preference. One thing to keep in mind is that the more money you can get into the account the larger the account will be when you retire. But the roth limits you to 7.5K a year. One way to get more cash into the account The interest from bonds adds additional money to the 7.5K a year deposit. But the yield is low about 4%. I would use a dividend fund like QQQI 13% yield 100K invested in QQQI would add 13K pre year to tha account. Add in 7.5k yearly deposit and you now have 20.5K a year going into the account. If you reballance every couple of years to 50% QQQI and 50% VOO and reach 1 Million invested you would get 50K a year of income and 500K in growth.
Start a taxable account and invest in QQQI 13% yield, KGLD 11%, EMO 9%, UTF 7%, and UTG 6.2. These are all tax efficient dividend funds, Simply buy and hold these funds. The purpose of these funds is to give you and secondary income stream you can use if you loose your jobe or the next Pandemic. Simply make regualr monty payments into these funds. Eventually it could generate enough income to cover all of your living expenses. At that pointyou couldretire whenever you want. Open a roth and invest the max allowed by law. This can be growth and dividneds if you want. Again this is simple buy and hold. Nothing hard and timing the market and trading is not necessary.
Note not all dividneds are taxed as ordinary income. Some dividneds are taxed at the the lower tax long term capital gains rate or ROC which is even a bit lower. ROC dividend are even tax free for a period of time (often years) I am invested in QQQI 13% yield, SPYI 11%, KGLD 11%, EMO 8.5%, UTF 7%, UTG 6.2%. QQQI is tax free for 7 years then is taxed at the LTCG rate. SPYI and KGLD are tax free for 9 years and then is taxed at the LTCG rate. The remixing funds on the list are only taxed at the LTCG rate. But they have a much more stable dividend income. I built up all of these funds in a taxable account and I have growth in retirment accounts. Today it covers all of my living expenses in my 50s So I can take a 1 yer trip at any time.
If you are creating income portfolio then diversification is best, so have some in VOO / XEQT and QQQI, SPYI, JEPI, TSPY etc. If you are young and don’t need monthly income then just do index ETF.
My "thesis" if I have one, is basically to keep the large amounts in well known, highly regarded ETFs like SCHD, SCHG, FCPI, JEPQ, QQQI, etc., and smaller amounts in individual company stocks.
The thing I'd want to look at first is whether the brokerage account is really a second strategy or just the Roth account with a dividend filter on top. VOO and VXUS already give you broad US and developed international. SCHD and SPHD are both S&P 500 dividend or low volatility screens, so they're tilting inside the same large cap space the Roth account already owns rather than adding new ground. QQQI tracks the Nasdaq 100, which is heavily overlapping with the growth half of VOO. IWMI is the one sleeve that does something different. There's nothing wrong with wanting an income tilt on its own, but SCHD plus SPHD is roughly 27% of every new dollar in the brokerage account, and both pull from the same 500 names. If SCHD or SPHD dropped 30% in a year while VOO was also down, would you actually keep adding the full $500 a month, or would you start pulling back? Personally, I'd be more comfortable treating the brokerage account as a smaller satellite and letting the Roth do most of the work.
I invest a brokerage account in individual stocks for the most part, so I'm not the best to answer. I wouldn't overthink it. Here are the 1-year returns on each ETF. VOO+23.7% VXUS+27.8% SPHD+14.1% to +14.3% SCHD+31.4% QQQI+24.0% IWMI+33.4%
age recomendations are based on the idea that : * Everyone is investing retimrent . * Everyone is aiming for maximum total returns. * Everyone is working and has no need for extra income. * Everyone has the same risk tolerance. These assumptions don't apply to all people, So ther is no-one size rule that works for everyone. The best way to look at this is based on the a count type. If you are using Roth IRA were there are no taxes and you cannot withdrawal the money intuit age 60. These account are great for dividned and gowth at any age if you don't need access to the funds until retirment. 401K and and traditional all IRA also fit in this category. Taxable account can be used for any investments but you need to keep track of taxes. Taxable account are ideal for dividend funds that have high yields and generate ROC or qualified dividends that are taxed at lower rates than interest and work income. I personally have QQQI 13% yeild, and SPYI 11% , EMO 9%, UTF 8% , UTG 6.4% and PFF 6.% in my taxable account. The dividends are all from tax efficient funds and genrate 5K a month of income now which is about equal to my living expenses. and I use the income to maintain a 6 month emergency cas account. And this income allowed me to retire in my 50s. I have a 401K and roth which I will be able to access at 60.
It is still good advice because annoying beyond 6 month of cash should be invested in bond or dividend funds. So If you have enough bond income or dividnedincome to cover all of your living expenses and turn off dividned investing the dividends will refill the cash account. And as long as you spend less than the dividend income you will never run out of cash aNow it does take time to build up a good dividend portfolio but once you have it you could be unemployed for years and still hav income For many people 6 month of cash works out to $30K to 60K. 60K in QQQI a dividend fund with 113% yield will produce 7.8K a year. so yes it will take years to build it up but ingeneratl most people are employed longer than they have been unemployed. So while working it is a good idea to to star this. I have a dividend portfolio of QQQI SPYI 11% yield,EMO 8%, UTF 7%, UTG 6.4%. are tax efficient funds so you won't pay a lot in taxes. And all pay in monthly installments it currently generates enough to cover my 5K amount living expenses.
Keep in mind the age - 100 rule was widely used before retirment accounts existed. So everyone was using taxable brokerages. With no ability to avoid taxes the safe way to minimize taxes was to gradually shift you porfolio from mostly growth to mostly income over time. Now with Roth, IRA, 401K many say stay full invested in stocks and then switch to inocme. Since you can sell at any time and pay no taxed this waite until the last minute aproach will work. But these are strictly retirement rules. which means it is assumed you cannot withdrawal the money until age 60. There are many peoplethatdon't want to wait for incomeuntile age 60. having divined income from your investments can be a type of insurance against unemployment or a medical crysis that prevents you from working for moths to several years. Others want to retire ass soon as possible, gas 30 to 40 or earlier, and that means a taxable account. Others want income for vacation or hobbies. So overall i would not use age as rule defining how you invest. With dividend funds like QQQI 13% yield, SPYI 11% yield, EMO 8%, UTF 7%, UTG 6% and PFF you could get substantial income at any age for any reason and these funds all generate qualified or ROC dividend so they are tax efficient investments and the income is paid out in montly installments.
mostly cash but my "Safe" QQQI still dumped 500 bucks,
Exactly. Steady 'safe' investing got 'boring' so people piled into MU, NVDA, META, Oracle, etc and are suffering for it. 'Be fearful when others are greedy' and all that. Meanwhile my dividend heavy brokerage portfolio is up 0.2% is up today. SCHD is up 0.4% I do own some QQQI but it's a fraction of my total portfolio.
To clarify, I was using extra margin to buy QQQI to try and stabilize my account for a *slight plullback and still take advantage of my full margin since as ASTS kept increasing so did my margin limit.
QQQI Ex date is coming up. I’m still bag holding but im putting it out there
If 60k is your annual spend, SCHD alone would pay you 72k per year and your taxes would be covered or you’re right on the edge. This means you can mix in tax advantages high yield ETFs like SPYI and QQQI and make over six figures. Your hypothetical is my end game.
You basically have a saving account for an emergency fund. Most people have them but the interest you get is basically just keeping up with inflation. So you are not really making progress . I would open a taxable account and move 50% of the money in the taxable account. Invest in QQQI 13% yield and turn off dividend reinvestment. Dividends are regular cash profit charing payment to you. Dividends will show up as cash in a money market fund which will also earn interest like your bank saving account. The move the remains 50K from your bank to the brokerage account and leave it as cash This would give you 50K for emergencies. And if you use some this emergency cash QQQI will slowly refill it. without you using any of your work income. Most of the time you probably won't need the cash. and the cas plus dividend will continue to build. Then open a Roth IRA and star making $540 money deposits in the Roth account. In the Roth account invest the money in VTI and VXUS. Keep and equal ammount of money in VTI and VXUS. Your 100k that was doing nothing is now funding your retirment account and and you hav emergency cash you can use. And if needed you can stop the investments into the roth to rebuild the emergency savings if use some of the money. Then you could setup monthly automatic transfer from the bank to taxable brokerage account. The ammount every month can be whatever you can afford. Then in the brokerage account setup an automatic purchase of QQQI stock This will increase the dividned generated per month. And if you want you you could add VTI to your taxable acount or other dividned funds like EMO 8% yield, UTF 7%, UTG 6.4% to your taxable account. And ther is noting wrong with putting a dividend fund into the Roth. I highly recoment you setup monthly withdraws from the band and automatic montly depots into the Roth. Montly automatic purchases of VTI and VXUS stock. This way you don't have to do anything other than occasionally checking your account to see if everything working smoothly.
QQQI is fund not a company. It hold the NASDAQ 100 index. and it uses covered call to convert the price volatility of that index to income. So this fund has much lower growth than the index it fallows but a high dividned. Some times higher dividend payments could mean the company is going under. Other times there is nothing noticeably wrong and to company goes bankrupt overnight. In general there are safe dividend funds with yield s up to about 15% Above 15% many funds have NAV erosion or cash flow problems. But before in any fund you should read the prospectus fire and then make sure you understand wha it does. I I would suggest you look at ArmChair income on YouTube. He invests for dividends and does detailed reviews of many of the funds he has in his portfolio.
I'll take leaving some gains on the table to not lose my shirt when the bubble pops. It's called risk tolerance, and this bubble is just too risky for me. I do own some QQQI to get some returns from the bubble, but if we are going by what could make me the most money short term, I should have just gone all in on MU and NVDA, but I want to retire comfortably in 25 years, not try and get rich quick.
It depends on the situation if you sell growth for income it is less effective than collecting low tax dividneds using coerced call funds. QQQI generates ROC dividends So for about 7 years you pay no tax so in the list of funds I made it is the most tax efficient fund. Also when selling growth for income people often sell a lot at once while dividends come in slower This diffference may result in a low tax payment. for dividneds
Broadly I'd suggest you model out bear/average/bull cases for all your liquid assets (you can do more than just 3 cases such as -10 -20 -30 -40 for "bears") and use that to help determine what is the maximum nominal drawdown you'd accept on QQQ. Then you can liquidate an amount that makes this nominal drawdown amount improbable to impossible. The larger the weight of QQQ, the more impactful it is and vice versa. But truth is if QQQ crashes, everything goes down with it. Top 10 weights in SP500 and NAS100 are getting closer and closer to matching with each passing year. In other words, the most successful and profitable companies are concentrated in tech. NAS100 is no longer the risky index from 25 years ago, it drives the modern economy. I'm retried early as well. I still have individual stocks to liquidate, and pushing proceeds into VOO QQQM SMH SCHD VIG VYM JEPI QQQI. I have high conviction on the individual stocks so just converting when I feel it's advantageous to me. But it's your money, and if you feel like playing crystal ball with it is the best choice than by all means go for it. You're asking here because I'm assuming your fudiciary didn't suggest the panic sellout route.
Sell and buy 300k of QQQI after taxes for $3500/month of passive income
AVGO and NVDA are a very outsized part of my portfolio due to their gains (over several years to decade adding). I am slowly liquiding portions when I feel it makes sense if from taxable account or just trying to cut at near term highs rather than at lower points in tax advantaged. I still believe both will continue to outpace the SP500 for years to come. But regardless of conviction, it's foolish to be too heavily concentrated because you could be wrong and anything can happen. But I still want exposure to semi - so my funds go to a mix of VOO QQQM SMH SCHD VIG VYM and a little bit to QQQI and JEPI.
Sell and cut your losses now. SPCX is the big dog and even they are falling, let along 2nd or 3rd best space companies. Keep PE and PS ratios in mind before you buy your next stock. Or just invest in QQQM for good growth or QQQI for consistent 13% dividend if you don’t know what stock to pick.
SGOV is basically the same as a Money market fund or HYSA. I would rather deposit money into a high yeild fund like QQQI 13% yield. and turnoff dividend reinvestment and and led the dividned fill a money market account. build that up to 5 most of cash Anything more than 6 month would be reinvested for more dividend income Eventually the dividned income may be enough to allow you to start funding the Roth. So now you have dividends funding your Roth and keeping your emergency fund full. Eventually you could start using the dividned income to also start covering some of your monthly bills. Which would indirectly allow you to increase your 401K invsitment. Eventually I added other dividned funds like SPYI 11% yield. EMO 9%, UTF 7%, UTG 6% and PFFD 6%. All these funds are taxed at ta lower rate than your work income and they pay montly dividends. My taxable account now generates enough inome to cover all of my living expenses. it won't fix your problems overnight. It take time to build up the divine income . And the more income you have the easier it is to invest for retirment.
So many of you have told the OP to buy and hold, then sell sometime in the future, after appreciation. You're missing a key point: the OP is looking for some immediate or near-term income - there's a sh\*#load of frustration and impatience in that post. The other thing y'all aren't hearing is that the OP seems to be stuck in a 'no/low risk but high reward' mindset. The OP mentioned having a bond fund/funds. That tells me real risk aversion. So the OP needs to relax a little AND be rewarded with seeing tangible portfolio increases in the Roth, my guess within the next 6 mnth or a year, before he/she jumps off a cliff. I'm going to suggest baby steps for this OP. If it isn't like this already within the Roth, change it to: 1/4 Bond of something like SGOV, for security, 1/4 Growth like VOO (which will be realllllly tough for the OP to have faith in, this can take years in a flat market), 1/4 in a middle-of the road ETF like SCHD, and 1/4 in covered call ETFs, like QQQI and SPYI. << That last one is where the instant gratification is. Further, you all are wrong to say ETFs don't appreciate. I'm looking at my Schwab now and I have some covered call funds - SPYI, for example - that has a 38% appreciation in less than 2 years, PLUS the 10%+ yield. The worst performer I've had (which I sold a few years ago) was JEPI. I have ETV, which gives me a solid 7% yield with only 12% appreciation in 2 years, but I keep it because it is tax-advantageous, somthing the OP doesn't need to worry about. I also have GPIQ and NIHI, among others. I'm trying to post a screenshot of a partial view of my portfolio on here but I can't seem to do so. All in all, I don't believe that over the long term the OP needs a big covered call portfolio. But to kick start their psyche, yes, it's a good move.
QQQI will solve your problem. 14% yield, very tax efficient, it has NAV growth. Not NAV erosion.
If you need monthly income, QQQI is a good choice that pay 1.1% dividend every month.
Your options are very limited here. If you need to preserve your principal, then you're limited to low-risk assets, which will have low returns. The riskiest you'd probably want to go is something like JAAA or CLOA. These invest in triple-A-rated collateralized loan obligations. While not as low risk as treasuries, triple-A tranches of CLOs have never had a default in their entire history. However, since they are not government-backed securities, there is always a non-zero risk, and that non-zero risk results in higher yields (4.9% currently). If you want to push the risk envelope more, you could look at the lower tranches (CLOZ), which currently have a yield of around 7%. Anything beyond this and you're going to have to take on market risk, which means putting your capital at risk. QQQI, for example, currently has a trailing yield of 13.5%. However, if the market tanks, then so does your income and principal. DO NOT CHASE YIELDS. Some funds claim to have even higher yields, but these are yield traps. They'll return your capital as part of the dividends, and you will wind up losing money overall. That is why it is important to look at total returns when looking at income.
QQQI has 14% yield , most of the income is not taxed for7 years and it has NAV grwoth. No NAV erosion. This will reliably generate 1K a month.
Yeah for sure, I don't know her so I'm giving the blanket advice I'd give any 15 year old You're right tho - she'd learn about risk and reward faster with QQQ or it's spinoffs If she wants to do something more active/engaged, I'd definitely go your route She can learn about expense ratios with QQQM or income strategies with QQQI
I'd be careful about dividend ETFs like QQQI. While the idea of getting cold hard cash might seem enticing, remember you're paying realized taxes on those dividends while if you instead just bought QQQ, it'd grow tax-free until you decide to sell.
Just watched the Kamikazi Cash video on QQQI, is it really a solid div paycheck?
ETFs are guaranteed = look at NEOS QQQI SPYI MLPI they play cash monthly around 12% annual plus. Modest expected appreciation. That’s 15% in my ROTH as I’m 85
Back during the pandemic, I got all in with the euphoria (i.e. ARK Funds) and got left holding the bag. Today, I'm trying to be patient and waiting for a significant drop before redeploying more for long term (SPCX, CBRS, even MSFT). Instead of building positions on single company stocks, been just dabbling in on dividend income funds such as SPYI, QQQI, PFFA, and MLPI that will have less volatility once the dip happens while still building income for this potential dip.
Typically you have to sell waite for the transition to settle and when the cash is in your account then you buy. But you could also invest in a dividned fund like QQQI 13% dividned yield, and turn off automatic dividned reinvestment. The monthly dividned payments will show up as cash in your account. And you care reinvest that cash as you see fit.
Anything is possible. You can have both and diversify, but definitely consider it more long term than anything. My biggest positions are NTDOY and SCHD, and I plan on keeping them in my Roth IRA so I don't pay taxes on the dividends. I'm a newer investor but these are the ones I see most value in based on how cheap they are currently compared to most other index ETFs doing the same thing. I'm also considering investing in QQQI/QQQM and one of the higher yield SPY ETFs. NTDOY is more so for diversification and the fact that they're just a solid profitable company in gaming that I personally see growth in for the next few decades. NVDA is solid, but I think all semiconductors and most tech is incredibly volatile and uncertain with AI development futures. Sure, it's going parabolic, but for how long? AI might be utilized well in the future, but it's getting a lot of push back for good reason, and is mostly unprofitable outside of the companies getting their stock bought out to build and run data centers that are getting cancelled left and right. Do what you feel is right though, do as much research as possible and take it day by day!
That sounds like a very good idea. I have no idea what QQQI is though. My thought is higher dividend payments equal company is going under and stock price will plummet.
consider putting your 300K into dividend funds. Not I live in the US so I may not know everything about UK ISA account. In the US I can invest in QQQI 13% yield 300K in this acount can generate 39K a year which you can either reinvest or spend. At 500k invested it would generate 69K year. having this much stable income from your investments could carry you and your family through periods of unemployment. Now QQQI is a US fund. For tax reasons you may want to look for a similar domestic fund. to avoid foreign taxes. Note dividends are cash profit sharing payments directly into your account. You don't sell shares of stock to get this income.
I live in the US but have read a bit about your account options. Give the deposit limit of your TFSA I would consider investing your entire TFSA dividend funds. For example QQQI is a dividend fund with 13% yield. You TFSA has a 100K deposit limit. So 100K invested in QQQI would generate 1K a month of income. IF you reinvest that income your account will grow beyond the 100K limit. And if you withdrawal only 50% of the dividend and reinvest the rest you could get monthly income and still grow the account. In the end you will have an account that makes montly deposits into your bank account. And eventually you could get 2 to 3K a month deposited into your bank account or more. Now QQQI is subject other tax withholding because because it is a US fund. So you might want to look for a comparable canadian fund.
If you have been investing for 25 years your are like 50 years old. Which means your subconious financial goals are changing form growth to capital preservation and income. I would look at investing in these funds JAAA 5.5% yield CLOZ 8%, UTF 7%, UTG 6.4% and ARDC 9%, FAGIX 6% UTF and UTG survived 2008 with no dividned cuts While JAAA and CLOZ and didn't exist the investments they invest in continued to pay out income when the market crashed. FAGIX if a 40 year old bond fund that has always payed a dividend. ARDC is only 15 years old but it has a very stable dividend. i have these funds in my roth and have QQQI 13% yield, SPYI 11%, PBDC 9%, EMO 9%, Right now my roth has 500K invested and generates about 5K a month which is all reinvested. IIt will be few years beforeI can access this income.
You could get overexposed to gold. But the bigger problem is you you're putting money into an asset that may never pay off for you. Gold has tendency to stagnate for long periods of time. And then for a short period of time shoot up and then quickly drops. Many miss these peaks and either sell at a much lower price or don't end up selling it. I could instead invest in IGLD. IGLD sells covered alls based on gold price. this fund Basically converts gold price volatility into steady income. Overall it will generate 10% yield of 10%This would be 1K a year for 10K investment. Note the yield is currently higher right now because here was a large special dividend recently. Eventually the yield will drop to its historical normal level. Ther are many funds you could invest in for income which generally is better invesmtnte than a shiny metal. Such as QQQI 13% yield SPYI 11%, EMO 9%, UTF 7%.
What you should do I open a taxable brokerage account and invest in QQQI and turnoff dividned reinvestment. It is not growth fund like VT. QQQI produces dividend which are cash profit-sharing payments directly to you. With automatic dividned reinvestment turned off these cash dividend will go into a money market fund. When there is enough cash in the account you can buy a car. 4 years of saving 1000K a month in QQQI will generate 7K a year or about $583 a mont of income. If you keep you investment going into VT for retirment in a retirment account. and then open a taxable brokerage account in invest in QQQI The retirment account if for the future when taxable brokerage is for now. Over time you can build up a passive income stream in the taxable account that can exceed the ammount of money you can get from side gigs. And it could eventually exceed your work inocme. You can keep some the cash for emergencies , cover you montly bills (utility bills, mortgage, rent, or car replacement and operating andmaintnence costs.
Inflation is definitely a thing. I guess it would depend on dates. So true, eventually yes. But $1m still has a lot of bite. it's my understanding that $1M invested in QQQI or GPIQ can generate over $10k per month. It's not going to perform better than an index fund over the long run. But it's a nice tool for somewhat steady monthly income.
With a new child not he way ai would focus on investments that can help you cover your expenses now instead of retirment. With QQQI 13% yield You cold get 1.8Ka month of additional income to hep cover your expense. The income from this fund is taxed at a lower rate than your work income so it is tax efficient. Now if you don't want all you money in one fund you could att EMO 9% yield , UTF 7% yield an. Also QQQI is a [NEOS ](http://www.neosfunds.com)fund and there are a number of good dividned funds you can use. such IWMI, IAUI. Dividnd are cats profit sharing payments made directly into your brokerage account.. You simply buy hold and collect the income once a month. now the earning from these funds may go up an down Due to market conditions and in a stock market crash it may take some time for the income to fully reocvered. The other main option you have is investing in a growth fund Like VOO. This fund has Tiny dividend which will not be useable. The only to make money with this fund it to hold it and waite for the share price to increase. And then the only way to get money from that is to sell it off. So this won't help you now but it great for retirment accounts. So I would with dividned funds you could simply collect the dividneds and hold cash in brokerage money market account for an emergency cash reserve or you could spend the income or reinvest the income for more dividned income.
I was doing QQQI for a good while, but it caps your upside and you’ll still get the same losses holding the same actual index, and i’m not looking for a CC ETF
I have an inherited IRA that I split between SPYI and QQQI. I get around $4,000/mo before taxes. Growth has exceeded the dividends so far so there’s been no NAV erosion. Since this was basically found money, I wanted to test this as an income stream strategy for retirement. I don’t have any complaints so far.
Generally you want to have about 6 months of expense save up as cash. Anything more than that Recommend investing it in tax efficient dividned fund. HYSA are very similar to money market accounts that brokerages have So I would move the HYSA into a schwab government bond money market account and then anything else I would put into QQQI 13% yield. And turn off automatic dividend reinvestments. US the money market account for any unexpected expenses or emergencies. the dividends will show up as cash in the money market account. then if the money market account gets above the 6 moth level use the excess money to buy more shares of QQQI. IF you get a bonus at work or a money gift put that into QQQI. QQQI will refill your money market account slowly. But the more you add to QQQI the fast the money market account will fill. Eventually when QQQI is worth 100K it will produce 1K a month of income Every additional 100K in will add an additional 1K a month of income.
Put it all in QQQI and collect the monthly premium and your young as hell last place you should be is in money market
If nothing else get into something like JEPI, JEPQ, SPYI, QQQI and start accumulating dividends while you wait.
buy SPYI and QQQI and go sit on a beach with 10k per month in dividends. Peace out world.