QQQI
NEOS Nasdaq 100 High Income ETF
Mentions (24Hr)
-100.00% Today
Reddit Posts
Mentions
I parked the $1000 free margin in QQQI, personally. The dividends cover the $50/yr and then some. A lot of people use/recommend SGOV.
I just found out about QQQI which says it has a high yield. Should I invest in it or stick to QQQM?
the nice thing about roth is the withdrawals after age 60 are entirely tax free. The bad news is the 7000 per year limit. But there are ways to get around the limit. * You can move money from an existing 401K or other IRS to to roth you pay tax doing this but there is no limit on the ammount. * You can invest in a dividend fund or stock inside the roth There is no limit on how much dividned income in the roth. * Neither of the above option change the 7000 a year deposit limit. * Note there is a taxable income limit for roth accounts. if you make too much money the 7000 a year depsit limit will drop to zero. No you could take a bit of a risk early on in the roth and invest all of your roth account in higher risk dividend funds. Two I really like are QQQI 13% dividend yield or BTCI 25% dividend yield. QQQI basically exceeded that long term average return of of the Nasdaq 100 and the S&P500 index funds. There funds basically earn on average about 10%.BTCI basically exceeds the return of most index funds. Some like yieldmax funds (near 100% yield but these funds have significant NAV erosion so the share price drops every year and as a result the monthly dividend payout gets smaller every year. But the yield stays about the same. So I don't remind them. So take a high yield fund and add money to it every year until the Cash income from dividneds exceeds 7000 per year. At that point you ant urn off autmatic dividned reinvestment and start using the dividned money to buy other less risky funds. other less risky dividend funds. Or you have a mix of dividned and growth index funds. I personally prefer dividned investing over growth investing. SO my roth is mostly dividend funds with a one My dividend funds currently generate 20K of dividend income a year. I was also late starting a roth. But I am also converting my 401K money to the roth. Unfortunately that plus my regular taxable invcomem eceeds the income limit so currently I cannot deposit 7000 a year into my roth. But as my 401K drops over time that problem should eventually vanish.
Roth IRA are somewhat unique retirement accouts. The really contribution limit is 7000. 1/3 of the limit for most 401Ks. But when you retire the money you withdrawal is entirely tax free. Mathematically the more you put in in the first 10 years has a much larger impend on thesis of the fund when you retire. So the7000 depoist limit really hurts the growth of The fund. On solution to this problem is to invest in a good high yield dividend fund QQQI 13% yield or SPYI 11% IF you invested 100k in a roth in QQQI you would get about13,000 in a year into the account. And your yearly 7000 a year deposit is in addition to that. So 20,000 a year total. That is 180% increase in the contribution limit. You can turn off automatic dividend reinvestment and deposit the money equally in all the funds in your portfolio. or you could have QQQI plus your favorit growth index fund and read the money from dividends equally in each. The long term average total return for QQQI will be about 13%, The long term average total return for The S&P500 is 11% So in a bear market QQQI will likely do better than S&P%. But in a Bull market the S&P500 will do better.
Check each one for its total return first. Then check for nav over time. If the ETF has a strong total return and the NAV trades sideways or slightly grows then you have a winner. For example check out QQQI and GPIQ versus QQQ and SPYI and GPIX vs VOO https://totalrealreturns.com/n/QQQI,GPIQ,VOO,QQQ,SPYI,GPIX?start=2023-01-01 These are all strong performers without nav erosion.
I would put the money in QQQI the dividneds from this fund will be $9000 a year. Us that in addition to your car payment to pay it of faster. After the car spayed off $7000 of the dividneds could go toward your roth accounts. The remaining 2000 per year could be used to cover utility payments.
i think you have a solid list, but a lot of your ETFs overlap in strategy, and you can trim these down specifically, SPYI, QQQI, JEPQ, and JEPI all distribute monthly dividends by selling covered calls. i’d just hold JEPQ and JEPI because they are larger funds with lower expense ratios, and they are the same strategies as the other two ETFs similarly, SCHD, DGRO, and HDV all target dividend stocks. there’s effectively no difference between investing in a dividend ETF that distributes quarterly and investing in a regular index ETF and selling it yourself. personally i’d put all my money in VOO over these
Sold some OPEN at $4.60 a while back. Made $100k. Sold the remainder today at $8.30. Made another $50k. Only put in $15k at 57 cents. Man, it feels good to finally hit one!! Hope it goes to a billion for the rest of y'all. I'm parking in QQQI and taking my monthly paycheck.
Just sitting pretty on these $SPY and $QQQI calls for 2026
QQQI, SPYI, JEPQ - collect dividends and chill. SPX calls for more excitement
I would DCA in. The market is expensive according to the people who would know. I’ve been buying more income. Problem is that you have to pay capital gains on them. One way is a covered call etf. QQQI uses this technique to achieve a 13% annual yield with monthly payouts. It limits downside risk due to continued payouts according to what I’ve read. AMLP is an etf that pays 8%. It’s natural gas pipeline companies, much needed. UTG is based on utilities, 6.5% yield. AMLP and UTG both own “real assets”. They should also limit downside risk. Just some thoughts. It’s hard to know exactly what to do.
QQQI pays about 1% dividends a month. So you really just need 1 mill full port into QQQI
Invet in QQQI 13% dividend yield. Use build the fund up until the dividends cover all of your 7000 per year deposit. then use the money to depoist into your roth. Or you can use the income to cover utility bills.
I use SPYI or QQQI. JEPQ and JEPI are probably the most known though.
Another option is to put the money in QQQI 13% dividend yield. with would generate about 20K a year of income. That is 1.6K a mont. which you could use to pay off the loan. If you pay 1.6K amonth to pay off the loan you could reduce the loan payoff time by a year or two. Or you could use the inc ome to pay for the landscape work. and then pay off the car with the inc ome. And when that is don't you still have the 175K and the 1.6K a month of income.
All jokes aside, these will work : QQQI SPYI BTCI SGOV
If you need income and are willing to part with the principal forever in a worst case scenario, you could invest in a high income ETF like QQQI or BTCI. I'm thinking of something like $100k of the $600k generating between $14k and $28k per year distributed monthly. I don't know how much income you want but this is just what comes to mind as the easiest and quickest way to generate beer money. The rest can go into the safety securities to hold or slowly increase value.
Its has a terrible dividend amount and for the last 3 years has trailed the market. Would be better to stay in VOO and just cash some out when needed or use a more pure dividend play like QQQI. 4% is a money market return and SCHD has no downside resistance , if looking for growth and dividends try QQQH
I'm not sure what the point of a dividend ETF is. If you are referring to covered call strategy ETFs like SPYI and QQQI, they provide very minimal downside protection since the covered call value is so little compared to the value of the underlying covered shares. When the market goes up, your upside is capped. If the market whipsaws, you are going to lose too since the fund is systematically selling covered calls. Just look at SPY vs SPYI YTD performance and what happened after liberation day - it got killed.
Yes. QQQI and SPYI are even worse when you look at their risk adjusted returns. By employing a covered call strategy, your gains are capped in boom times. And since the covered call is nominally a very small amount compared to the covered position, you are exposed to most of the downside as well. These are terrible funds to own long term.
The strongest case I've seen for dividend focused investing is the potential to outperform when the market starts trading sideways for a long period. In times like that, you can take the dividends and invest them into beaten up growth stocks so when the winds change you come out ahead of everyone stuck sitting and holding for the turnaround. I don't know how the math works out, but the chances of us having a 1970s style period of stagflation doesn't seem like it's 0 to me. I just wonder how QQQI/SPYI would perform in that kind of environment...
Yes. I've heard several evangelists from the SPYI/QQQI camp come out and advocate for these ETFs. They suck. Compare their performance vs their corresponding SPY/QQQ etfs. They suck.
High-yield dividend ETFs seem all the rage right now, like QQQI and SPYI popping off 12-14% monthly
are yall still making money? i swear from Feb-June I made 40k flipping stocks cuz everything was going up. i could buy anything and it would go up within a few days. but this past month i only made like $300 cuz i'm so scared to buy anything. everytime is at an all time high and the only thing i have in my portfolio (besides QQQI and SPY) is lucid which just ate shit today. i feel like theres an 80% any given stock will go down and only 20% it will go up. what are yall doing!?
With that kind of capital I'd suggest studying the following topics: 1. Options Trading \[ My favorite options teacher: [https://www.youtube.com/watch?v=bvM\_u91zb3s](https://www.youtube.com/watch?v=bvM_u91zb3s) \] 2. High-Yield (Options Strategy) Dividend ETFs: \[ [https://www.reddit.com/r/dividends/](https://www.reddit.com/r/dividends/) , [https://www.youtube.com/@TheETFGuys](https://www.youtube.com/@TheETFGuys) , [https://www.youtube.com/@armchairincomechannel](https://www.youtube.com/@armchairincomechannel) \] My Favorite (pure) options strategies are Selling Puts and Buying Calls. Which can help you dramatically increase your portfolio value; but really only if you have good strategy. The 'options teacher' link above really helped me become a better Options Trader. My current favorite 'safe' High Yield (options strategy) ETFs are: \[BTCI, QQQI, QDVO\] My current favorite 'less safe' High Yield (options strategy) ETFs are: \[ULTY, NVDW, GOOW, TSLW\] But if you get hasty with options trading you can further deplete your account.
Eh.....certain "real" brokerages like to play nanny and block you from buying certain stocks or ETFs (I can kind of understand why Merrill Lynch might block YieldMax ETFs, but you can't even by JEPQ or QQQI???). Also, I believe it's the only way poors like myself can get access to make trades on the Blue Ocean ATS.
You are talking about140k. If you invested that invested in QQQI 13% yield will generate about 1,500 a month of income. With that much income a month. Do you need a cash emergency fun emergency fund? You could simply take the cash dividends and put that money into your emergency fund and that fund will grow 18K a year. you could naturally reinvest come of that cash back in QQQI growing the dividned income. Some retires get much more than 18K a year in dividends. I currently get 60K a year in dividneds. And 80% covers all of my living expense. Leaving 20% that I rein.vest. I recumbent you read teh book the income factory. It discusses using dividends in this way and list 68 funds the author has uses. and provides several example portfolios.
Could have put the 500K into good covered call ETFs like QQQI etc and had a second 50+K/Year salary. I got lucky during Covid with a few gambles and did that and don’t regret it. Sure I didn’t turn it into 10 million with a few Yolos, but it almost doubled again since then.
Instead of going cash i full ported to SPYI and QQQI .
It's ok. Breath take a deep breath and regroup. Stop taking home runs and start building long term. Look into investing and building a foundation. Looking into the magnificent 7 and xl sprds as your foundation. Once that is built Look into SCHD, QQQI, JEPQ and AGNC as low risk stable dividend stocks. When you are ready look into high risk dividend stocks such as BTCI, CVNY, MSTY, CONY. It's not the end of the world I promise just take a bit of time and you will get it back
Currently I’m in SPYI QQQI FSCO ASGI BTCI QDTE ULTY MAGY NVDY. I’m keeping my on OMAH as well, I want to give it a bit more time to get a track record.
IF you want access the restrictions of retirment accounts work against that. For a taxable account there are no restrictions on deposit or withdrawals. Of course there are taxes to consider but the tax is always less than dividned you get. You can estimate what the tax will be the IRS has a guid on how to do that. Once you understand how to do its it is no worse than the taxes on your work income. Before retirment accounts. there were only taxable account and people did use them for investing. The other broach is to use investments that reduce teh taxes you owe.Growth index funds are popular because they pay a very low dividend and have a lot of shar price growth. you owe taxes on the dividends every year but they are very small. So you could hold these funds for a long time and pay very little in tax. However to get money from these funds you have sell and when that happens you pay a tax. There are several types of dividends regular, qualified, and ROC and each is taxed differently. QQQI has some qualified dividends but most is ROC dividends which are not taxed. Which is one reason I like it. , the second is the dividned. ;You stilll owe some tax but it is reduces as much as possible.
For an investment that needs to stay liquid you are not going to find anything much better than money market account. The best way I found to address your issue is to build a second portfolio in your brokerage along side you your emergency fund. A high yield dividend investment. you could put Money in QQQI that has a dividend yield of 13%. A little over 2 times the yield of most money market accounts While this investment is not liquid it does produce cash monthly. Turn off automatic dividend reinvestment. That way the money goes into you money market account. If you tap into your emergency fund QQQI will start to refill it. Then when you have more money in your emergency fund than you need reinvest it for more dividend income Eventually QQQI the money from QQQI will exceed the money you can deposit. 100K invested in QQQI will generate 13K a year of income. If you keep your money market fund at 30K then QQQI needs 3 years to refill it. Once your money market account is full the dividneds could be used to deposit 7000 into a Roth. Then you will have 6000 left you could use to cover living expenses such as food, utility bills and other expenses. You could also continue to build the dividend so that it generates 30K a year so it can refill your money market account in one year. Or build it a little further and you could retire.
rather than bond, why don't you look into CC etf, like JEPI/JEPQ, SPYI/QQQI. They provide monthly dividend, you can use them to reinvest or buy some good steak for yourself.
See [https://totalrealreturns.com/s/QQQ,QQQI](https://totalrealreturns.com/s/QQQ,QQQI) for more details. I have been selling NDX 0DTE successfully for about 2 years now. You can make $100 to $150 per day with 50K.
If this were a hypothetical me, not you, situation.... I would invest $1m into SPY or VOO and $500k into 70/30 BTCI/QQQI. If it's free money coming in, I treat it like it never existed so I lose nothing if it goes away tomorrow. Not everyone's view, duh. Take dividends to build up a down payment for a year on the bigger house. Use the year's income history to boost my pre qualification stats. Once the lender says, "yes, here's your money peasant", I'd get my drip back on for another year. I'd sell out $50k from the $1m and pickup a single or town unit (not rent controlled units) in the $180 to $200k range. Get the unit stabilized, take $25k out of it, take $25k out of the remaining $950k and get another one. Turn the drip off and pay off both units ASAP. HELOC both units and buy 4 more in the same range. Rinse, repeat. I don't know. You need to figure out what you want to do as far as being an investor or being a citizen with some investments.
So this is all hypothetical, or are you asking for a friend? If they need a larger house, use $500k - $600k to do so and invest the rest in the S&P 500 index fund, plus a ETF that pays a decent dividend yield, north of 8% - GPIX/GPIQ; SPYI/QQQI Sell the old house and and recoup the investment and/or gains and invest it in the above funds and continue to growth that wealth.
What I would do is to invest the money in QQQI. It pays a dividend of about 13% annually in monthly installments. Put it in a regular brokerage account. The dividend as cash payments to you you can either use the cash or reinvest it in QQQI. That would generate about $200 a month. Reinvesting the 20k would grow the account and the dividend payments but all the money would be in QQQI stock. If you don't reinvest you get the cash in your account which you ca use for good clothing and other things. I am 55 and dividend income covers all of my living expenses
At a minimum people recommend 6 month of cash for living expenses. Some like a bit more Many in the US us money market funds. But if you loos a job it could easily take longer to get another job. The next step is to invest in an income fund that pays a dividend. In the US I like QQQI 13% yield. payed monthly. You can't excesss money in it in a brokerage account with no deposit or withdrawal restrictions. Yes you pay tax on the diividend but that is only a small fraction of the actual payment. You should build up the saving over time to get enough income to cover all of you basic living expenses That way if you loose your job or cannot work foray reason you will still have income for however long you need.
This seems like an incredible level of risk for your level of options experience. What if the Fed has said they are raising rates, unemployment was up, inflation was up, consumer spending was down, China and Trump shot Nvidia in the face on the same day? It is not improbable for all of those dominos to fall in a short window. Don’t think you can pull your money out of the fire fast enough. Start small. Lose some money, get a feel for it. Have you looked at QQQI?
QQQ and QQQI are the way. Not even down that much.
$4,000 per year is making your advisor wealthier. You can research and invest it yourself for free. Stick with the basic S&P 500 Index funds 50-60% for growth, and look for some high dividend ETFs that payout 10-15% distributions. Look at GPIQ or QQQI for 12%-15% payout on a monthly basis. Good luck not using the advisor.
Just by VOO and or QQQM. Both SPYI and QQQI are counterproductive unless you are retired with lowish income.
Honestly, why not have a mix of both? I have both SPY and QQQ based etfs as well as a sizable SPYI, QQQI, IAUI, BTCI, and IDVO dividend portfolio. The main draw for me on dividends is that my career path is fairly unstable and I can just turn off DRIP on my dividend stocks to help support income in the case of job loss instead of selling shares at a possible loss.
What is your time horizon for retirement? Are you willing to sacrifice higher gains for income? Then go with SPYI and QQQI. If you have a long-term time horizon, then go with SPY and QQQ. SPYI and QQQI are covered call ETFs, they will always underperform the underlying in a bull market. Their main draw is generating dividend income with favorable tax status as return of capital.
Selling is a personal desiccion based on that you think will happen with the company. If you sell I have one fund that is great default investment in taxable account QQQI. This fund uses covered call to generate 13% per year dividend. and it take steps to minimize your taxes on the dividend you receive.
I am really interested in your post, but also a little confused on the details. If you wouldn't mind adding some clarification. >QQQI 13% Yield, ARDC 12%, SPAYI 11%, EIC 11%, PBDC 9%, UTF 7%, SCYB 7%, UTG 6.3%, PFFD 6% FAGIX 5%. * The above is only 50% of your portfolio, and the other 50% is in growth ETF not part of the list above? * Most important question: The 5K in monthly income you receive is based on what dollar amount invested in the above portfolio? * Those numbers add up to 87%. Where is the other 13%?
The solution to this cash reserve problem is not to use cash or growth index funds as a reserve for a market down turn. Instead consider investing your cash and taxa able brokerage holdings into dividend funds. For example if we take your 150K of cash and reinvested that for dividned. Now with 150K we cannot get enough cash to provide 9K a month. but with BTCI 25% yield you could get 3K a month of income Now normally I would recemond QQQI with its 13% yield due to my risk tolerance. BTCI is the maximum yield I would be comfortable with. But with your cash and taxable brokerage invested in BTCI you would bet very close to 9K a month. If you just use the cash in BTCI and reinvested all the money back into BTCI you will have 300K in BTCI and would have an income of 6K a month. If you don't need the money reinvest it in other funds to reduce single fund risk. or you could use the money to pay off a home loan or any debt you have. Reducing your living expenses. The key things to remember about dividneds is that the money is from the companies profits. And ever in 2008 and the dot. crash most companes were still profitable and still payed their dividends. I retired at 55 and I invested in QQQI 13% Yield, ARDC 12%, SPAYI 11%, EIC 11%, PBDC 9%, UTF 7%, SCYB 7%, UTG 6.3%, PFFD 6% FAGIX 5%. A mix high yield and lowe less risky yields And I still have 50% of my portfolio in growth index funds. My living expenses are about 4K and I currently get 5k from dividends so 80% of my income covers my living expenses with the remaining 20% being reinvested for more income. Now if there is a correction in the market most of my dividend income will continue. But if not I can sells some growth for additional income. A good book to read is the income factory. And armchair income on you tube invests the same way but does good reviews of funds that can be used for income.
You probably have a low risk tolerance. Peoples like you tend to prefer investing in dividend ETF instead of growth ETFs. Dividned ETF have a much higher yield thant growth ETF. For example the S&P500 index funds have a yeild of 1.3%That means 1 million in invest in the S&P500 will pay 13,000 in cash to the owner. SPYI is a covered call fund that invests in S&P500. IT has a yield of 11% so 1 million invested in SPYI pays 110,000 in cash every year to owner of the portfolio. Now the share price of the index may move up and down but the yield often dos not change. So price volatility no longer matters much. SPYI and QQQI (13% yield) are funds you should consider. I am invested in about 10 different funds right now and currently get 60K of income a year.
put it in QQQI 13% yield and you will get an additional 1K a month. And hit is a very tax efficient fund.
VOO, SCHD, QQQ are a great place to start. If you like income check out the NEOS funds, SPYI, QQQI, etc
Decent strategy. But I like monthly dividend paying ETFs. Curve balls are like BITO,YBIT. They are risky but with like 2.5k on each. $100 a month almost 98% guaranteed on each. From there a more secured option is BTCI…pays around the same as VOO monthly because again..bitcoin related. Invest a lot heavier because it’s a lot safer. Last time owning almost 180+ shares it gave $283 that month alone. I had to unfortunately sell since I changed investing strategy. For fast gains…putting a lot more money than I was comfortable having out there. I like a pile for unexpected expenses and all. So I met my goal and now I can invest on my next paycheck as much as my heart desires. $800-1k per paycheck. I am looking for the four towers of high yield dividend ETFs and stocks to push a strong money supply out of my investments early on. Then with my constant 2x a month investments of my own money to then start buying the good stuff easier with all the generated income. I stopped but this year I clocked in 1k in dividends with very low money in. 95% -SPYI -BTCI -JEPQ/QQQI -JEPI/O 5% MISC. -crypto: XRP,HEDERA,AVAX -weekly paying ETFs -curve balls: XOEF(dividend payments have not been announced for it being soo new to the market), calls, penny stocks with some DD. -crypto futures: BITO, BTCH. BTCH is two years old but does one payment of $20 a year…buy some 50 shares at some point and see if I get $1k Christmas gifts every year.
I would recomend diversifying into high quality dividend funds That way when the market falls the dividends will help contract some of the decline. I am using dividend funds like QQQI 13% yield, ARDC 12%, SPYI 11% EIC 11%, PBDC 9%, UTF 7%, UTG 6.3%, PFFD 6%.
I mean its total equity is 2700$ at this point. Putting it on QQQI or BTCI would be reasonable for an account above smallstreets level imo. I'm really optimistic at this point for these
TRMD is the only non meme on here. If that’s what you’re going for, that’s fine you can potentially make money that way. I would seek more stability and have a much smaller portion in the meme stocks. If you want divs, put a bunch in QQQI, BTCI and IWMI.
60k in a traditional IRA just sitting there What is the money invested in? you should see that 60K increase over time If it is stable at 60K it is probably not invested. Many invest their money in VOO an index fund. I personally like QQQI or you could use VOO plus QQQI which should do very well. simply make monthly deposits into your existing IRA The more money you put in each moth the better. At your age and income you should be depositing into your existing IRA at least 500 a month. Once you reach the income limit to your IRA you can make deposits into a taxable brokerage account. For a taxable acount you deposit as much as you want and you can access the money at any time. you can use VOO and QQQI but these are just 2 of thousands of different investments possible.
They are all decent fidelity funds with low expense and there is nothing wrong with them. for fund today we have Mutual funds. ETF, And CEFs. Mutual funds are not traded on stock exchanges, So you have to buy shares of the funds directly from the natural fund. So it is a little slower buying and selling. these funds distribute yearly dividend and occasionally a capital gain distribution. The ETF (Exchange traded funds) like stocks are traded at exchanges so buying and selling is faster. These distribute dividend but no capital gains distributions. So they are slightly more tax efficient than mutual funds. But in a roth there are no taxes. The first ETF was ceased in the 90s and now ETF are replacing mutual funds. Otherwise they are very similar to mutual funds. One note, ETFs and mutual funds increase the number of shares when the fund is growing. So the number of shares available on the market is variable. CF (Closed end fund) are structured just like business. This means the shares in circulation are fixed. This has the advantage of increasing the dividned slightly but it also increase the expenses. The also have a bit more flexibility in how they invest there money. You are basically investing your money in growth index funds. which will work. But Roth accounts arelimted to 7000 a year deposit. So aver 20 years you likely will have about 1/2 a million in the roth. It is however very helpful to add a high yield dividend fund to your roth. IF you add a fund that generates 1000 a month in dividneds you are effectively increasing the deposit limit to 171% (7000 a year you deposit plus 12000 a year of dividned deposits. This can easily push your fund past 1 million in 20 years. I have been using QQQI for this in my roth. It has a 13% yield. However next year I will be adding BTCI to it which yields 25% That can push the roth well past 1 million in 20 years.
right now you have two choices, open a a roth or a taxable account. I don't know if you have access to a 401K. I am assuming right now you don't. with 800 a month you and the roth depoist limit of 7000 you will have enough to open a roth and taxable account. Max out your roth every year. Most just invest in growth index funds Like S&P500 index funds. but with he deposit limit in 20 yours you would longly have about 500K available for retirment and it would not generate any meaningful income. In my opinion The best Roth investment is a high yield dividend fund like BTCI 25% yield. In 20 years you will have about 3.9 million in the acount producing 900K of dividned income a year. Yes there are some risks with a yield at 25% but it is the highest reasonable safe yield I know of. Realistically in 10 years i would start diversifying your investments in the roth. I am currently investing in QQQI 13% yield, ARDC 12%, SPYI 11%, EIC 11%, PBDC 9%, UTF 7%, SCYB 7%, UTG 6.3%, PFFD 6%. All would would make good additions to your roth when you start diversifying away from BTCI. And all are good choices for a taxable account. Once you reach the 7000 limit in the roth open a taxable account and start investing for dividends. The purpose of the taxable account is to give you a backup source of income. having a lot of dividend income is great backup in case your are unemployed or cannot work for medical reasons. I am following an investment stratagy similar to the book The Income Factory. Armchair income on youtube also follows this stratagy. Both list the funds they use or have used and that that is 100 in total. Armchair income also does detailed reviews of his investment choices. Which give you a good look at why he picks the funds he insists in.
Index fund. VOO is good. QQQM as well, if want dividends monthly QQQI
your could sell it off slowly and reinvest the funds for dividends. Dependinding on the yield the reinvestment you could get yearly cash income generation of 50k up to about 100K of income from your investments. Cash generated in the 401K will have to stay in the 401K until you reach age 60. But you can reinvest this cash to grow your earnings. IF the stock is in a taxable acount you could replace a immergeny fund with a passive income fund. I would read the book the income factory. It is about investing for dividend income. and list 68m funds the author has used plus several example portfolios. There ia also Armchair income on youtube. he list 38 funds has has in his dividend portfolio. and does detailed reviews of some of them and other funds that may be of interest. He also interviews fund managers and did interview the author of The Income Factory. That should give you enough ideas to on how to invest the money. I am currently using QQQI 13%, ARDC 12%, SPYI 11%, EIC 10%, PBDC 9%, UTF 7%, SCYB 7%, UTG 6.3%, PFFD 6%. 5
>When it comes to expense ratios of ETFs, is that something I pay? Like, if I buy a 50 dollar ETF, so I buy one share of it, and the expense ratio is .5, does that mean I'm paying 25 dollars on that purchase? (sorry if my math is horrible, I sucked at math in school lol). Basically, are there fees that I'm paying every time that I buy a share of an ETF? Expense ratios are fees that are taken out of the fund. So yes, you pay it, but not directly. It isn't a purchase fee. There are purchase fees sometimes, which to to the brokers. In the US we've largely moved to free trades. Expense ratios are taken out continually over time, which means you keep paying them. 0.5 is 0.5%, not 50%. But it has a lot more impact than you might think: https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annual_fees_after_many_years%3F >Is Stash a good program to use long term? Or are there better apps/websites to use? It looks like you pay fees: https://www.stash.com/pricing Vanguard, Fidelity, Schwab, etc won't charge you any fees. >And can I switch my portfolio from Stash to another program, or how does that work? Yes, you would give your account information to the new broker and they'll handle transferring it over. You might pay an account closure fee. >I've heard good things on YouTube about high income ETFs like QQQI, BTCI, SCHD (not sure if that one is high income dividend?), JEPQ, etc etc etc. Are there things I need to be aware of about these kinds of ETFs that would inform me about the risk? YouTube incentives getting views, not presenting accurate information, and thus is a poor place to learn about most things. For a fund like SCHD, you need to be aware of https://www.investopedia.com/terms/d/dividendirrelevance.asp . For some of the others, what you're getting with a covered call strategy is income in exchange for losing the upside of gains; so the expectation is you'll make less than by holding the underlying funds. Once you get to the point where you've made your money and are withdrawing, it might be appropriate.
1. Thank you for the explanation there. My brain was having a hard time lol. 2. I've been paying the 3 dollars for 4 years I guess lol. Oh well, it's 3 dollars, it's super simple for me. It's definitely a tiny account at this point so it probably wouldn't cost all that much to transfer, but I'm fine with it at this point. I just have thoughts of like, what if Stash goes under or gets bought out or something. Would my portfolio be fine still? 3. That's kind of why I'm thinking about doing both, you know? Invest in stable things like VOO or QQQ, something like that, growth ETFs for the long term, and then invest in high income ETFs as well, like a SCHD or a QQQI or a SPYI, etc, to get income coming in monthly/quarterly/however often depending on the ETF. That way I have a long term thing going for me AND a short term thing. I definitely don't want to just put all my eggs into one basket or one type of basket with this investment stuff. I want to be diversified. I don't want to try timing the market or choosing individual stocks hoping they go well or playing with meme stocks. I have a side gig that brings in a couple thousands of dollars each month as I'm able to do it (sometimes there's no work lol) so I'm wanting to use that money to start seriously investing. Here's to hoping everything goes well! Thank you again for responding and giving me an explanation that my dumb brain can understand lol.
Hi there, just a few questions: I'm fairly new to investing. I'm currently using Stash as it's a pretty user friendly/beginner friendly/lets you buy parts of shares as I'm not trying to buy whole shares every time. I'm wanting to get more seriously into investing as I'm 38, single, and don't really have any financial goals I'm aiming for currently (screw buying a house at this point lol). I'm wanting to save long term for retirement, but I'm also hoping to make decent income monthly off dividends. I know those two are kind of at odds with each other as you can get small dividends from a lot of growth ETFs, but higher dividends from income ETFs. I've been watching a lot of YouTube videos on this lately, though I take it with a grain of salt because, I mean, it's YouTube. So here are my questions: 1) When it comes to expense ratios of ETFs, is that something I pay? Like, if I buy a 50 dollar ETF, so I buy one share of it, and the expense ratio is .5, does that mean I'm paying 25 dollars on that purchase? (sorry if my math is horrible, I sucked at math in school lol). Basically, are there fees that I'm paying every time that I buy a share of an ETF? 2) Is Stash a good program to use long term? Or are there better apps/websites to use? And can I switch my portfolio from Stash to another program, or how does that work? 3) I've heard good things on YouTube about high income ETFs like QQQI, BTCI, SCHD (not sure if that one is high income dividend?), JEPQ, etc etc etc. Are there things I need to be aware of about these kinds of ETFs that would inform me about the risk? I know that they aren't growth ETFs necessarily and so I could buy in at 40 and it tank to 20 dollars per share, but I still get good dividends or what not. But what do you guys think about those kinds of ETFs? Thanks! I think those are my questions for now. I have 1000 I want to invest soon and I'm going to be splitting it between a few things. My initial thoughts was to buy some shares of Coke and put a little into Microsoft (I don't want to buy a lot of individual stocks, but these are fine to me. I'd rather do ETFs mostly), put about 200 into SCHD, maybe add 200 into my VOO investment (currently just doing 5 dollars a day into VOO), and then was wanting to split the rest around some of those high income ETFs. That way, I'm a bit more diversified, I have some growth ETFs, some income ETFs, and a couple individual stocks that are decently consistent. How does that sound to y'all?
Fyi, my setup Year-to-Date , made total $170K Next 12 months , dividend ETF [ QQQI (4000) , SPYI (4000) , ULTY (8000) ] , estimate to payout $80k
NEOS funds produce income for those who want income without having to sell the underlying stocks. These are tax advantaged too. The April dip demonstrated these funds (SPYI and QQQI) dont fall off the cliff and have come back nicely. Will SPYI and QQQ outperform these funds...Yes. But for someone looking for 12-14% dividends with some of the growth from SPY and QQQ...no better vehicle IMO.
Sell when you have a better use fort the money or when you no longer like your current investments. For a taxable brokerage I like investing in a high dividend fund like QQQI 13% yield. you can reinvested the dividend s into the fund or into other investements. If you build it up large enough you could eventually have enough monthly income to cover all of your living expenses.
buy when the market is down 20% to 30% at that point it may not go much lower. The market has only lost 40% in a year 3 times in the last 100years. IF possible invest in dividend funds Dividend funds generally perform better in a recession than growth funds. She good dividend funds are QQQI, SPYI, PBDC, UTG, UTF, PFF.
Ok, I think I know what my play is. Wait for the eventual Septembear dip, then buy $20k worth of $QQQI calls for the new year. Potential to go to 6-figures into 2026
My ADHD makes me hyperfocus on things for a time. I have been in a deepdive of learning finance, trading and investing coming up from a financially stable but illiterate family. I started working at 27 after I finished my master's, I feel like I have to put in the study and make mistakes if I want to catch up. So I do look into different stocks and sectors, and some ETFs. For someone like that dude, I would say that his million dollar should probably be split between low cost broad market ETS and some income ETFs. All-in on 60/20 SPYI and QQQI would let them enjoy a lot of the upside of being exposed to markets and have a large income without working. I guess then they should split the remaining 20% of their portfolio between international stocks and crypto and gold, maybe 6-7% each. All this can be done with ETFs with MERs below 1%
I looked at the numbers and seems like it's better to just hold VOOG vs. QQQI. Plus, if there is a huge downturn, it's harder for QQQI to recover it's NAV vs. VOOG
If you truly believe the market will go down, then you're better off staying on the sidelines. Good luck timing the market. JEPQ, QQQI, and GPIQ to varying degrees (JEPQ was the worst of the bunch) held up very well and were generating 11-14% yields when the market started to drift red and sideways in early 2025. Then when April happened, they went off a cliff like everything else. But, you kept earning income and accumulating shares. What happened is that the market recovered *fast*. Ideally, you want a slow, steady recovery. I like these funds, but they're for a very specific purpose. You want a nice fat dividend hedge against a flat or nearly flat market.
QQQI is an actively managed fund that's basically the same as QQQ but the fund is also using derivatives, mainly covered calls, to enhance returns. So let's say you want to enter a position on QQQ that's at least 100 shares. Current price is 564 so obviously you need 56400 in order to buy 100 shares. But maybe you don't want to enter at this price point and would prefer to enter at 555-560 or something lower but realistic (100 is not realistic). So you sell a cash secured put with a strike price around there. Daily, weekly, monthly, doesn't matter. If it never gets in the money you keep the premium and try again. Eventually if you ever find yourself in the position that your sold put cannot be rolled without loss you just let it get assigned and you thus open your position on QQQ. So now you do the opposite. You sell covered calls and try as much as you can to not get assigned, but if it's between taking a loss and being assigned just let it get assigned. Barring any significant corrections you should always sell at strike prices above what you got the stock for. If you're assigned and the stocks are called away, you get back to selling puts to open it again. So you're basically always getting some money and exposure on the stock even if you own it or not, while also lowering your cost basis and getting better entry and exit prices.
If your thesis is CONSISTENT sideways movement, then covered calls win. Historically, that's not how the market works...it has significant periods of explosive growth that drive overall returns. QQQI will miss much of that upside while still suffering most of the downside. Your thesis is counter to historical trends. That doesn't make it wrong. QQQI if you are trying to time the market and make a bet. JEPI to fill a longer term role in a diversified portfolio, since it is almost as good sideways while providing much better stability and downside ballast.
Covered call strategies aka QQQI inherently underperform QQQ. The value of the call position is tiny compared to the underlying shares which means you are exposed to most of the downside. The call option also means you are going to be capped on the upside. Not sure what the obsession is with dividends. If you need the money just sell the shares.
QQQI has not been around a while, but go ahead and play with some backtests comparing it to QQQ. [https://testfol.io/](https://testfol.io/)
Probably not that either, but who the hell knows. QQQI is for income.
QQQI will almost certainly not perform QQQ in the long run, in your case 25 years.
When you arrive at your new job and are eligible for the 401k, you can inform HR and they will help you with the process of transferring the balance from the old to the new one tax free. Withdrawing the money wouldn’t be very smart as you would get buried in fees and taxes. If you’re interested in having an IRA, make one and invest in it alongside your 401k. Put all those high paying income ETFs like QQQI in there. Just don’t cash out the 401k.
It is correct. QQQI's total return is a few percent less than QQQ, so it is not a disaster to hold it in a Roth, but there is no benefit, and its 14%ish dividend has been reliant on QQQ being up 35%+ since QQQI was established. So approximately... QQQI price return + dividend = QQQ price return + dividend But QQQI's higher expense and mild inefficiency is why it has slightly underperformed QQQ. So in a Roth you could simplify and just have QQQ, or have QQQI and pay them to track track QQQ correctly while giving you some of QQQ's price return in the form of a dividend. Again, QQQI only underperforms QQQ slightly, but it offers you no benefit for that underperformance.
There is a lot of risk in yieldmax funds. That doesn't mean they will fail tomorrow or next year. We simply don't know how long they can keep paying these very high yields. There are a growing number of people that put in only the ammount they are willing to loose and then use the dividend income to buy less risky stocks. That is what i am thinking doing and and I suggest to do the same. Lower risk investements I use are PFFD 6% Yield, UTF,7%, UTG 7%, Scab 7%, PBDC 9%, EIC 10%, SPYI 11%, ARDC 12%, and QQQI 13%.
This is really a personal question you need to answer. If you feel the will never perform well stop investing in it. If you think it will do well in the future then keep buying it. In my case the company stock didn't pay a dividend it did almost go bankrupt at one point. At the time other than my saving account I had no significant savings. So I invested the stock. It wasn't a well thought out plan but I didn't know what else to do at the time. So I did it with the goal of getting 100K that I could sell if I lost my job or had to take a medical leave of absance. The company did eventually turn corner but most of the market had written off the company. So our gradual climb to be one of the largest companes in the sector went largely unknowtised. And I reached my 100K goal. Then the unexpected happed The company started paying a dividend. Quickly me emergency fund turned in to 20K a year passive income fund. Which really changed my outlook on life. Now instead of your ESPP you could put the money in funds like QQQI 13% dividend yield, ARDC 12%, SPYI 11%, ECI 10% and PBDC 9% in a taxable account and build up a passive income fund which could be used to cover bills or pay for vacations or anytingyou want.
How not? QQQI and SPYI have slightly underperformed their underlying assets, QQQ and SPY. They slightly underperform their underlying assets and pay out dividends instead of growth.. seems pretty sustainable to me.
Don't focus on the meaningless stuff. Yield, shares, none of that matters... it's just all your money. Only the total return matters. Since QQQI was established January 29, 2024, it's total return is +31.48% while QQQ's is +33.81%. You've created a large amount of taxable events for no purpose at all, since you would have been better off just buying QQQ.
I have a nice amount of QQQI and IWMI and I have no desire to sell for a long time.
WHUTT??? The dividend for QQQI was $.64/share last month for a share price of $53. It's 14% annually, paid monthly. Since I'm topped out on my Roth annual contributions, I buy more shares with the dividend every month. So, the next dividend is paid on more shares. Every month. So, my shares grow, and my dividend compounds. My annual yield will exceed 14% because that's based on a static amount of shares.
Still, the dividend aspect has no benefit. SPY and QQQ outperform SPYI and QQQI.
FWIW - It doesn't look like SPIY or QQQI owns they underlying fund. That would be inefficient additional expense drag. NEOS constructs the SP500 and Nasdaq100 by holding the actual constituent shares. And then write SPX and NDX index options. Looks like they use monthly index options and ladder with 2 strikes. These are section 1256 contracts which is how NEOS is able to make a claim that it's tax-efficient.
You've got it a bit backwards. NEOS funds do not have any leverage and own the underlying ETF it tracks. It would not collapse 99%. That would require NASDAQ or the SP500 to also crash. We'd have bigger issues at that point. They adjust their rule based strategy to hit their target returns. This means adjusting the delta and risk accordingly. They roll weekly. It will over perform in a bear market as you get all of the volatile premium going down. This reduces your cost basis as well if you reinvest. Once the underlying ETF recovers, SPYI or QQQI should also recover, but at a slower pace due to the limited upside by the options. In bull markets they write options on less of the shares of the portfolio to participate in the upside. They are rule based funds meaning this isn't someone making emotional decisions, it's just executing the option strategy on the underlying.
Honestly, at your age you don’t want aggressive growth. I’m getting into QQQI, so I won’t recommend it, but some folks here will have some really good fixed income and dividend options for you. He open to ETFs that pay a solid yield as well, but be wary of taxation.
In my long-term portfolio, I only own Nasdaq ETFs. Nothing on SPY. Not just QQQ, but high-yield, covered call ETFs on the NASDAQ, such as JEPQ, QQQI, FEPI, etc. The future is all in tech. I view Nasdaq as strictly superior to SPY, in my personal opinion.
Ifyour monthly expenses are 2K you cold put some money in a taxable account and invest in a dividend fund such as QQQI with its 13% yield. You can slowly build up QQQI over time to 100K which would generate a dividend of about 1K per month. Half of your monthly expenses. This income would be a great way to protect yourself from unemployment or or not being able to work yOu could invest all o of the 3K a month into a 401K or Roth but you might want consider putting some in the QQQI in the taxable account. I like QQQI because of its higher yield and because it takes extra steps to lower the tax you pay on the dividends.
moving it now after 2.5 years of huge gains is pretty smart IMO. I wouldn't move it all, maybe 70% of it depending on your situation, but at your age, seems like consistent income would be good. I'd buy a very diverse group with dividends: JEPI, QYLD, QQQI, QYLD, KO, SGOV & SCHD. That other 30% you can invest in growth stocks like Mag 7. 70% of your portfolio invested in those stocks would net you about $56k in dividends annually.
Most economist are expecting higher inflation due to the tariffs and with growing world economic instability I would now focus more in on passive income investments. Such as these dividend ETFs: QQQI 13% yield, ARDC 12%, SPYI 11%, EIC 10%, PBDC 9%, UTG / UTF / SCYB all with7% yield, A.nd PFF 6%. These funds in a roth or 401K will compensate for the potential lower earning of index fund so your retriemtn account will do better than one without dividends. In a taxable account then income would help protect your from unemployment.
HYSA and Money market accounts typically follow the fed funds rate which follows inflation. So after inflation your earnings are close to zero. For cash you would be better off with a dividend ETF like QQQI 13% yield. This fund uses covered call to convert the volatility of the NASDA 100 index into dividend income. It also takes extras steps to reduce the tax you pay on the dividends. SPYI 11% yield is basically the same but uses the S&P500 index. there are a lot of dividned funds you can use other than these two but they many not be as tax advantaged as SYPU and QQQI. You can get yield of about 1% up to about 100% in really risky funds. For emergency cash you use these funds a little bit differently. you buy shares in a taxable brokerage account and set automatic dividend reinvestment to off. The dividend will then appear as chash in the account. My brokerage puts the money in a money market fund. When you have enough cash for emergencies turn automatic dividend reinvestment to increase the monthly dividend income. Also us a debit card attached to my money market account to give e me immedient access to the money. If you need the money you can also turn dividend reinvestment off to rebuild the cash position. IF the cash and dividend fund are big enough you can put the dividend in an index fund which would be very tax efficient.
Started in 2020 (during Covid) with $25k > Been option trading mostly TSLA & TSLL for 5 years, total made $1.2M ( ~$720K after tax) > 2025, TSLA crash was a huge opportunity. Bought [ TSLA 3600 @ $238 ] > Will be holding my TSLA for long-term now. Selling TSLA CC at a VERY SAFE strike. > Long-term HOLD $TSLA ✊️💪🚀⏳️ > Short-term TRADE $TSLL 👍🏧💰 I'm taking it easy and slow now Account = $1M+ > Making $4k+ per week is very consistent. Mix of TSLA & TSLL (Puts / Call) 2025, started a Dividend Portfolio. EVERYTHING gain from Option Income is rolled into QQQI + SPYI ETF In the future, my family will get income and everything paid without any knowledge about the stock market.
Many believe an emergency fund has to have all cashBecasue you may nay need a lot of money in a couple of hours. But the reality with credit cards you can get your money really fastened then pay off the car in a week or two. But with any money market fund you are limited to max of about 6% and it will eventually come down. over long term the average yield you will get is about 3%. Yields have been nice for theist couple of year but don't expect it to stay that way. So what you really want is a ladddered aproach to your savings. * Money in a low interest money market for quick access. * Money in a cash generating asset like a Dividend funds, long term government or corporate bonds that pays out preferably monthly * Other dividend funds that pay out quarterly. * And then other assets that you have to sell to get money Growth index funds are great for this. So for many a small cash money market fund tied to a dividend ETF will is a god start. Then A fund like QQQI has a 13% yield and pays your 1/12 of that each monthly and then use index fund for asset you sell. QQQI in addition to its high yield also takes steps to reduce the tax you pay on the dividned income. So you might by less in taxes than the tax on the money market interest. But the money generate will be about 6 times larger per year than your are currently getting. Growth index funds can have higher returns but you have to sell to get money from them. But ther are acgtuallyquit tax efficient investments its in a taxable brokerage account. Ir will take years to build this up to level means retires have. I am currently getting 5K a month from my dividned investments and my money market account currently has about 30K in it I started this year 60 a medical issue increase this years expenses. .
Moron should have bought QQQI, JEPQ, JEPI, and SPYI and had a nice early retirement.
There are many types of ETF, Most here are referring to index ETF. But there are also dividend ETF, covered call ETF, Collateral Loan obligation ETF, and credit ETFs. And then for most of these your would also find CEF (Closed End funds). CEF are more like investment businesses instead. ETF are more like mutual funds but listed on the stock exchanges like. CEFs are listed on exchanges like common stocks. Mutual funds are generally not listed on exchanges. Each has different uses and performance. So you can use a combination to suit any need. CEFs I like are ARDC 12% dividend yield, EIC 10%. UTF 7%, UTF7%. Some very good covered call ETFare QQQI 13% dividend yield, and SPYI 11%. These also take steps to reduce the tax you pay on the dividend you receive. They are great for generating income in a taxable acount.