QQQI
NEOS Nasdaq 100 High Income ETF
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I like higher dividend yields.. take a look at QQQI, SMHB and DX.. 13% - 20% yields.
I use a combination. So while I know I should have a bigger retirement savings. I am ok for a month or so, but I use FEPI which is in the Fang index and a combination of other high yield funds YMAG, QQQI, SPYI, DJIA, RYLG and some other ones for international, O&G pipelines, Defense, and REIT. But I prefer to have the dividends just deposit in my Robinhood account so I can gain interest on the balance and then when dips occur I load up on what ever I feel is appropriate. Then as a benefit the dividends paid also can be used in an emergency like now at the moment where my wife is out of work and unemployment is being difficult. So I can tap into the dividends paid when needed, gain interest on cash payments from said dividends when I don’t feel like it is quite right to buy, then load up in volume on dips. It has really helped keep my cost basis and overall return really in check and solid even on some riskier high yield plays. My plan is to then never sell any of the stocks and live fully off the dividends in a few years once I stabilize the holdings a bit for risk. But why like this is I invested heavily in FEPI, and YMAG first which has the highest payout and they basically keep my portfolio growing and expanding with out a ton of extra investment from my normal living expenses. I mean do your research and see what works for you. I know I eat a bit due to races from this strategy but I am ok with it and have a month of dividends each year pay that bill. But so far it has worked well to provide emergency funds and also be building to my retirement.
Yup I’m continuing with the same plan. VTI, QQQM, IBIT, QQQI, SGOV (savings)
With your current bond selections the yearly income from the account will ba about 1K. Not really enough to pounce on a market dip. Once thing to keep in mind this will have to be a taxable account. Roth would be preferred but with the deposit limit it will take you about 13 year to get all the money in the roth. I would use the money to strictly creat income. For example if you invest in QQQI 13% yield your account would generate 1K a month. That would allow you make a monthly deposit into your Roth. And with that steady stream of income you would build a growth dividend fund in the Roth And it would leave about 5000 that you cannot use in the roth. With that extra money you could: Pay off any loans you have. Use the money to help cover monthly bills. Reinvest the money in the taxable account for more income. Or use the income to cover expenses if you loose your job or cannot work due to a medical issue. This broach is very sustainable and has multiple uses instead of just one. And it still results in a retirment fund. Additionally with your existing fund ideas your yearly cash income
I’m not selling any of my weedstocks shares at these prices - but I did buy some of my fav divis this week - CCI , VYM and QQQI . If I’m ever able to recover my losses here %80 of funds will be re balanced into my divis. Cheers!!
You could open a new 'income investing account' on another brokerage and put the extra cash into income investments like QQQI, BTCI, BLOX, QDVO \[ this guy has good ideas on income investing [https://www.youtube.com/@armchairincomechannel](https://www.youtube.com/@armchairincomechannel) \]
Once thing you can do it put some money in bonds or dividend funds. These funds would add cash to your account which can be used to buy shares of other funds you own. Also if setup this way and you loose your job your account will still have money flowing into it. But a retirment fund has one limitation. IF you loose your job you really cannot use it for emergency income. Many recomend cash savings for this purpose. But cash savings will not last long. Building can a taxable dividend portfolio however can resolve this problem. if you had 100k invest in QQQI 13% yield it would provide you with 1K of income a month you could use if unemployed. And if you are still working you could build it up to 2K a month or more. The more income you have the better of you will be if you loose your job or if you have to take a leave of absence due to medical issues or family issues you will have income available to put food on the table.
Everyone keeps mentioning cash savings. but the cash doesn't last long. In 2008 a friend of mine couldn't find a job for 4 years. Most people only have enough cash on hand to last a year at most. A better way to ride through a recession is to have passive income from your investments. IF you have a bond or dividend fund producing 2K a month of income and you cut expenses as much as possible. that could cover you for however long you need to find work. For this to work you want a high yield so that you can quickly build up a passive income stream at minimal cost. 2 good funds for this are BTCI 28% yield and QQQI 13% and both pay monthly and are tax efficient. Additionally this should be done in a taxable account so that there are no restrictions on accessing the money at any time.
I think you need to propose and solution that solves his icomeneeds allows him to stay in better financial shape. Now 4000 a month is too much for a retirement account so I am assuming most of the money is in a taxable account. Using a dividend fund like QQQI 13% yield 100K deposited into the fund wasould generate 1K a month of income. So if he has 400K and converts all of that to QQQI. The dividend income wail be about enough to cover all of the mortgage payment. Allowing him to continue saving. This solution might be more appealing to them. Even if he doesn't have 400K available he might be alto get enough constant income to still save and get the home. The book the income factory is a good build to this type of investing
If you are saving up for school don't put the money in a growth fund. You could loose a lot of money if the stock market takes a big drop and if it is a long reccession it could take years to recover. A good dividend fund is a better choice. 100K in a fund like QQQI (13% yield) would generate about 1K a month of income. Since you are young and still living at home move all of your savings to a brokerage account and invest it in QQQI or other similar fund. And set automatic dividend reinvestment to on. Then save up as much as you can. Then just before you start medical school turn off dividend reinvestment. So the cash dividend will stay as cash. You can then transfer to the cash to a bank account or you put the money in a money market fund to earn interest and then get a debit card from your brokerage. I use fidelity and my dividends cover all of my expenses in retirment and I use the debit card to spend it. You can then use the steady stream of income to cover your expenses while at school. Dividend are far more stable than growth investments. So the market could have a bad year and you will still get your dividend income. During Covid my portfolio lost 50% of its value. But the dividends continued to come in unchanged. Now there is no guarantee so it is possible the dividend will be reduced for a while but it will still provide for some income. I would suggest you reed the book the income factory. And look at armchair income on youtube. He invest in the same way as the gook but does detailed reviews of funds he uses. So Armchair income supplements the information in the book.
prioritize retirement account and what ever is left goes into a taxable brokerage account and HYSA or money market fund. but also keep in mind the HYSA is only the first step in your taxable savings. Everyone needs an emergency fund. But cash in a HYSA won't last long if you loose your job in a recession. After you get your HYSA at an adequate level you could consider using a high dividend fund. If you built up a dividend fund in a taxable account it can provide you with a continuous stream of income to to help you with the unexpected bills in life. and provide income if your get injured and can never return to work. For example 50K in QQQI 13% yield (and tax efficient) can generate about $500 a month or 7000$ a year. you can use the 500 a month to: * Cover some monthly bills. * Make monthly payments to your Roth or personal IRA. * To refill your HYSA * Or Reinvest theme in /QQQI or another dividend fund for more income. The more dividend income you get and use can allow you to divert work income to other needs. Eventually all your regiment savings could come from your taxable dividend income. And if everything goes well it might even allow you to retire before age 60.
I get this every week. Only issue there is switching between the 2 is. If you want to switch to a cash account you have to wait till your last day trade resets. Then you can switch to a cash account. Or Waite till your cash settles to switch to margin. Best is to use margin then wait till the next day to sell. I’m in the same boat. Not a lot of money to trade. Ideally buy into a good ETF like SPYi or QQQI. Or go a bit riskier and go with something like BLOX. That pays around 35%. Then take any profits you made from trading and put that into the ETF of your choosing. It’s a good way to build up your funds.
There is nothing wrong with moving it into index funds. And it is not difficult to do. But often the primary reason for HYSA is money you can tap quickly for those unexpected large bills that show up of time to time in life. The problem index funds is you have to sell them from to get money. but you want to sell them at a profit not a loss. Unfortunately many need this money when they loose their job in a recession. Which often means selling at a loss. You want to avoid that. Another way to avoid the liquidity issue is to split the money. Keep 6 months in HYSA. And put the rest into a high dividend fund in a taxable account. For example 50K in QQQI would yield about 7K a year ($583 a month) of income. Significantly higher than the what your HYSA is generating now. So with 50K HYSA and 50K in QQQI you can: * you could put the dividends into your HYSA to keep it at the 6 month or living expenses. * If you empty the HYSA you still have the monthly income from QQQI which can be used to refill the HYSA. * You ca use the dividends to cover some monthly bills. * Deposit the 7K dividend income in a Roth account. * Or reinvest the money for more dividend income. IF you keep reinvesting the dividend income you can grow the dividends to 1K a month, 2K a mont or more. And since it is in a taxable account you can use the dividend income at any time to retire early. * QQQI is also a tax efficient fund so you pay less in taxes for the dividend income you get. So using a dividend fund has more liquidity and versatility than a growth index fund. With many possibly uses for the income. I built up 5K a month of dividend income using a variety of funds including QQQI and it allowed me to retire before age 60. 5K a month is enough to cover all of my living expenses.
Savings- 6 months emergency in HYSA, rest in money market, buy some TBILLS or CDs and create a ladder.(if you have state tax TBILLs can be a better optiony, as they are not subject to state taxes. You can also just use SGOV or VBIL ETF for TBILLS or buy CDs through your bank.) Retirement- max out ROTH IRA, contribute to 401k and HSA (you can invest excess $$$ HSA after you've hit your cap.) Visit r/bogleheads for tried and true ETF's Personal Brokerage- create a dividend portfolio. I use QQQI and SPYI ETFS currently. It pays for my monthly spending. I also have a little gold just to hedge and put spare change towards BTC. And if i get excited about a up and company company ill bet on that if I have extra cash to toss around. DRIP- Enable reinvestment for your Retirement and savings positions!!! Set it and forget it. Also use DRIP methodology until you get your dividend portfolio where you would like it to be. LIVE BELOW YOUR MEANS and budget EVERYTHING (including tine) ! - No matter what stay humble and live far below your means. Don't pay above 25 percent of your income for rent, keep your grocery budget reasonable. Instead of eating out shitty every week go to one nice restaurant a month etc.. No one knows what tommorow holds. Dont piss away your hard work buy making your day to day bills eat up your whole paycheck. All it takes is a lost job and now you have lost everything.
NEOS ETF’s like QQQI have a very high dividend yield like 17%, whats the catch?
I’d park $1 million into QQQI for a casual $130k passive annual income and seek financial advice for the rest.
Just sayin' it could be ULTY or something else, but if you hit a big win with a penny stonk why not put a little in something that gives back. QQQI is another one with a big dividend, it is just over $50 a share.
Covered calls by their nature cap your potential gains. You keep collecting the premium selling options as long as the stock price stays low. If the stock price rockets up, your shares are called away and you no longer collect the premiums. Now imagine I had NVDA stock and kept selling covered calls. One day it rockets up, my shares are called away, the stock keeps rocketing up and I lost the opportunity of those gains. I mean if you have a high conviction long term investment, you probably don't want to risk assignment and losing shares. There is also tax obligation that triggers on profitable sales. ETF's that sell covered calls and return the premium to you in the form of dividend distribution have gotten very popular recently. You have JEPQ yielding around 10% and QQQI about 13%. In this case there is no maintenance to sell contracts and no risk of shares getting called. >I get you can get trapped if the prices tanks but outside that, isn't that just like free money until it finishes ITM You're basically saying I can't lose money if the stock doesn't go down. Easy to say, not as easy in practice.
1. I think it greatly depends. Living with your parents with few expenses? Maybe 1-3 months. Are you the only breadwinner in a family of 5? Maybe 1 year at least. 2. I put about 10% of my investments in XHLF for this exact reason in my brokerage. If you do put some aside to 'buy the dip', I suggest you have it in _something_ gaining you interest in the interim. On the other have, nothing wrong with dollar cost averaging into investments you feel confident in. 3. Depends. I have a traditional IRA, a Roth, and a brokerage each with different goals. My Roth is just GLDM, AMZN, and VGT, about equal shares of each. I should add VOO, and probably SCHD, but I don't have much in there ATM. The goal here is just growth with some preservation. My IRA is mostly dividend assets I believe in, including SCHD, though with some growth and preservation in there as well (even a bit of TQQQ for some spice). This will likely be my main source of income in retirement, and I'm really just focused on that. My brokerage is mixed, with individual stocks I believe in (e.g. AEM, AMAT) and high income yielding ETFs that I might lean on in hard economic times (e.g. QQQI). But, this is just me. It's _essential_ you think about what you want out of these products before deciding how to invest. 4. I basically listen to Buffett and instigate stocks he has confidence in to see if they will work for me. 5. Real Estate if you have the money and patience to deal with tenants.
165k with QQQI Selling options (cash secure puts at 3% return per month) about 70k. Aggressive leverage with high risk taking selling calls and puts at 4-5% maybe north of 30k-50k capital required. Personally getting 20k-30k+ option premium on 375k deployed capital per month.
SPYI, QQQI or BTCI if you can stomach more risk.
3 years of money for me is 180,000. if I took all that money and put it in QQQI 13% yield it would generate about 2K a month of income if you are very frugal that income will last a long time. Or if everything is good and you reinvest the money 180k will in 5 years turn into 360K. Which would generate 3K a month. It you switched to BTCI your money would double in 3 years.
I completely agree with you my brother was in good shape financially but after 2008 he was unemployed and was close to bankruptcy when he got a new job. The 6 month emergency fund is too simplistic. Yes you need some savings you can quickly tap for for unexpected large expenses. But you should also have a source of secondary income that will be there if you cannot find a job or have a long recovery from an accident. The best way to do this is to open a taxable brokerage account and and put an interest bearing money market account. And inanition to that add a high dividend fund for secondary income. A good dividend fund for this QQQI 13% yield and tax efficient. BTCI (25% yield) is looking like another promising fund. Don't. t use funds with a history of NAV erosion or other problems. You don't just want high yield you wan't a fund that will last and do well. QQQI pays a dividend monthly and 100K invested in it will generate about 1K a month of income. If you don't need the dividends reinvest them in the money market fund or the dividend fund. And you can add more dividend funds if you wish. So of the dividend income will have to be set asside to cover the yearly taxes. But taxes are always going to less than the dividend income you receive. It will take time to build this. And I am not putting a limit on thesis of the dividend fund. So people will need more money than others to live. Anyone doing this can build up a passive income sufficient to cover all of your living expenses. One alternative aproach is to use growth index fund instead of a dividend fund. But the problem with a growth index fund is you have to sell shares to get income and in a recession the you might be selling at a loss. And once the index fund is gone you have no more money. A dividend fund can generate income indefinitly So after the emergency if over you still have your emergency find.
since you are young and may have college or other expenses that May only be a few years away. I would ratter put the money in a dividend ETF. QQQI is a good choice. This fund has a 13% yield and you pay a low tax on the dividends. I have money market account in my taxable brokerage account. I also have dividend income for additional income if needed. And I have a retirment account. Assuming you have a savings account earning bank interests These are always good to have. But is is also a good idea to have a dividend investment that puts out a stead stream of income. Savings account only provide a limited amount of money for a limited amount of time. A dividend fund produces a stead stream of income that will last years if needed. A dividend fund is great backup income if you should loose your job for any reason. It will take time to build so it is ia good idea to start early. Buy QQQI and set automatic reinvestment of the dividends If you should ever need the income urn off automatic dividned reinvestment and the dividend will show up as cash in your account. QQQI pays out monthly so you the next dividend will show up within a month. then after that when you get a job start a retirement account.
Most peop le keep money money market fund or HYSA. This is find with 6 months of cash but if you are unemployed at the start of recession you could be out of work for a year or more. At that point your emergency fund is gone Now what? At some point it is better to invest the money into dividend fund that will provide continuous income. Say you have an emergency fund that has grown to 100K. If investing in a HYSA account yielding 5% you get 5000 a year of income. But if invested in a fund with yield 10% you are getting 10,000 a year. pu that to 12% and you now get 1K a month of income Enough to cover basic needs. It is not unusual to see people with 300K in a HYSA. That could generate 30K a year, just under 3K a month of income. Now if you need money you don't need to liquidate the fund for money. You can set up a brokerage account so that all the dividend money will go into money market account. So you can have a 6 month emergency fund. And if the cash fund is large enough you can reinvest the money back into the dividend fund for more passive income. The passive income could be a bond fund or a safe CLO fund (JAAA 6%, and CLOZ 8%). Or it could be a higher yield fund like QQQI 13% yield is a good choice. In addition to its high yield it is also tax efficient. With a good dividend fund you could keep your emergency fund full and grow passive income Eventually you could build the dividend fund to produce enough inocme to produce enough income to cover all of your live expenses.
Bought GLD 2027 leaps at market close. Sold everything else except QQQI and SPYI
I keep things as simple as I can for me. I'll reevaluate when I'm 40. I keep about 3-4 months of expenses in a HYSA for my emergency fund. About 90% of retirement savings in growth funds like VTI and VXUS (FXAIX and FSKAX in my 401k). The other 10ish% in income (SPYI and QQQI) and bonds (FBND). I started contributing $5 a paycheck and now I'm up to 28% of my salary. I also have an HSA to take advantage of that benefit and I recommend everyone I know to look into it. Anything helps so start as soon as possible, even if it's only $3 a month.
What I would do it sell half of it and then invest the profit in QQQI. QQQI uses covered call to convert price volatility of QQQ into dividend income. It has a yield of 13% and is tax efficient. So now your portfolio will generate income you can reinvest in whatever you want as well as growth.
Okay, so let’s say you own 100 shares of QQQI. You think the stock will go up, let’s assume it’s $55 per share, about a buck higher than reality. What I would do is, let’s say I think it’ll go to $60. I will buy a CC at $58 if I have a strong feeling or got a tip, or I’ll buy a CC at 56-57 bucks for a safer bet. It’ll reach my strike price faster and has a lower risk of reversing. At the same time, I would buy a put for maybe $54 or $52 to hedge the downside risk. That way, even if it goes down, I still have a put to make me money. This is a bare bones explanation of covering spreads. There are named strategies you can use, but covered calls (CCs) have long term downside exposure. That’s where the put comes in. Nothing in life is without risk. There’s no such thing as a bad decision so long as you know what you’re doing and can reckon with the outcome.
I'm not old enough for medicare yet -- still on my wife's insurance. Also haven't started SS yet. I'll check out UOPIX and QQQI. Thanks.
I'm in an adjacent boat. Already retired and have $800k of $NVDA $ $175 of $AAPL. I can't convince my wife to offload some of. But we do have bigger chunks in both $UOPIX for appreciation but no income and $QQQI for 14% dividend income paid monthly that we DRIP w/some appreciation. $UOPIX in taxable acct and $QQQI in IRA. Be aware that stock sales can impact your SS tax rate and your Medicare premiums. It's a difficult 3-legged stool balancing act. Definitely talk to your CPA/CFA& Medicare agent.
You can’t buy QQQI SPYI in Europe, except if you are a professional investor.
I live in the US. I don't know how your laws affect investing for you or the fund selections you use. So keep that in mind. JEPQ and QYLD both invest invest in the same index. So why both. Also these ar not the best ones in the US markets. JEPQ produces regular dividends so the income is taxed at a higher rate. QYLD is known to have NAV and share price erosion issues. I use QQQI 14% yield, and the fund does everything possible to so that the share price and NAV follow the index. So far no NAV erosion issues. Also in the US the dividend is classified as ROC and is taxed at a much lower rate the JEPQ and QYLD. QQQI is a NEOS fund. NEOS has another fund SPYI that invest in the S&P500 The yield is 11.7% has no NAV erosion and the same low tax are QQQI. XYLU also has NAV erosion issues. So over all I would replace JEPQ, QYLD, and XYLU with QQQI and SPYI. Neos has several good funds you might want to use check out their web site. Also SPYI and QQQI fallow ther index they fallow. so volatility should be similar to the Nasdaq 100 and the S&P500 indexes.
GOOG META NVDA AMZN all have forward PEs under 30. All are going to announce earnings and adjust guidance in the next few weeks (NVDA in Nov). Once the circus calms down, and tons of US are bag holders in companies that don’t make shit and certainly don’t make money, quality companies will shine. TQQQ, QQQ calls, QQQI for a nice monthly dividend in case we go sideways for a while. Oh, and these all have tons of liquidity so trading is easy and spreads are tight. Unlike your mom.
Oh it can definitely be part of your investment strategy (though I prefer QQQI or JEPQ) - but it ain’t a hedge.
Check out JEPI & or QQQI. Monthly dividends.
LT NVDA holder here. I've been moving into dividend payers for a while now (VOO, SCHD, DIVO QQQI, pretty standard group). Diversifying into S&P seems really logical. LTCG is a bitch, put those taxes aside at the time of sale.
Are the price movements of covered call ETF's like JEPQ or QQQI influenced in the same manner as single company stocks or other ETF's like SPY or QQQ? I.e. supply vs demand, i.e. more buyers vs more sellers.
Yes, definitely. I'm no financial advisor. Definitely risky for an emergency fund. Just options for once EF is established. QQQI is fairly new (about a year) & has less of a track record than JEPI. 👍🏻
Try chatgpt or grok Look into JEPI & QQQI for high monthly dividends. But again it will complicate taxes unless you are under a certain salary.
Check out JEPI & QQQI
JEPI & QQQI Much higher yield% on monthly dividends.
I have a lot of of shares of QQQI which took a big hit.
I degened 70k into a deep sea mining stock at .75 TMC and it went from .75 to 8.00 to 5.00, I sold 66% at 5.00 and put it into QQQI and SPYI, still have 23k shares at 9.50$ of TMC and still being a degenerate with about 150k margin on QQQI which I think is a safe bet.
So upon your suggestion I’ve gone ahead and compared your NEOS etf. Specifically the QQQI. I did do a comparison for the past year between qqqi and qqqm and saw that qqqm + dividend returned 26.14% while the qqqi + dividend returned 23.57% This is a lot more palatable comparison than some other cc ETF and in fact, I will agree that this particular one maybe useful for retirement income. I do still stand by that non of these have outperformed their underlying stocks/etfs in the long term and for long term performance, I don’t think they are a good fit for me personally right now. However, you have changed my mind on the NEOS cc ETFs for possible income stream later down the line when that becomes more priority than growth. Kudos to you.
BDC (Business development corperations) loan money to business. They are required by law to pay out about 90% of their income. So these companes generally pay dividend yields of about 9%. Contrary to popular believe there are companies that pay yields in the 5 to 10% range. An stocks isn't the only investment there are government, and corperate bond, loan obligations credit, and covered call funds that pay yields up to 11% or more One of my favorite ETFs is QQQI it invests in nasdaq 100 and uses covered call to covert price volatility to income. It has a dividend yield of 13% and is tax efficient. And it retains some of the growth of the Nasdaq 100 index. So share price is up and it pays a 13% dividend.
Throw it into BTCI and QQQI. You are done bro.
Selling shares is one way to get income for retirment. The other way in a retirment account is to move money out of VOO and invest in a dividend ETF like QQQI 13% yield, or SpYI 11%yield. these payout monthly. So about 500K in SPYI would generate about 4K a month of income without selling any shares. And If you don't spend all that money in a month reinvest it. The issues with selling stock is sometimes you end up selling at a loss for income. This can lead to sequence of return risk. Without sequence of return risk you will generally run out of money after about 30 years. With sequence of return risk you could run out of money a lot less time. With dividend you are never selling shares. Some dividend investments have been paying a dividend for 100s. Some mutual funds and CEFs have been paying out for many decades. ETFs are relatively new but the older have been paying outdoor just over 30 years. As long as you invest in fund or company that swell managed you would have money for life. The book the income factory is a good guide to using dividends for retirment.
For general saving I like QQQI 13% yield and it is tax efficient on the dividend you recieve. Dividends are like interest in a high yield savings account. If you don't need the money now reinvest it in QQQI or some other fund. With dividends reinvested you money will double in value in about 5 years. If you want to spend the cash this fund pays out monthly
Buy $84,000 worth of QQQI and enjoy your new $1000/month dividend payout. Use that $1000/month to be a completely regarded degenerate gambler and do this all over again, every month!!
Teh volatility is just too much for some people. Generally these people do better with dividend investing. The income phycologiclly works against the fear people have from the volatility. QQQI Is a good fund to consider 13% yield and it takes steps to reduce the tax on the dividends you recieve. So it is a tax efficient fund like VTI is It still have the volatility of its underlying index. But the income from this fund is substantial. The good the Income Factory is a good book to read.
Get rid of QQQI and SPYI and just buy the underlying index.
Mostly QQQI and QQQT, some small exposure to ETCO, MSTY, BTCI
Mostly QQQI and QQQT, some small exposure to ETCO, MSTY, BTCI
Covered call funds like SPYI and QQQI are how I am planning to hedge for a sideways market.
VOO is a good growth stock but it is not an income stocks. For VOO the only way to get money from it is by selling the shares. Works well in a retirement fund but it doesn't produce any meaningful income until you sell. Like you selling call options is not for me. However the fund QQQI does this for you and generates a cash dividend which is depoisted in your brokerage acount. You can spend the money or you can reinvest the money. QQQI has a dividend of 13%. So your 60K could generate could generate 7,800 a year. of cash. 1. So you could move your money into a taxable brokerage account 2. Buy QQI 3. Turn off automatic dividend reinvestment. 4. But the dividend in a money market account like SGOV were it would earn 4% interest. 5. The SGOV would be emergency cash. While QQQI generates income to fill it. Now you do need to pay tax on the yearly income but 7000 doesn't generate a lot of tax. Additionally QQQI takes steps to reduce the tax you pay on the dividned as much as possible. So it might be close to zero depending on how well the calls do in the market. You could expand your dividend fund into a retirement funds and retire long before age 60 if you keep your spending low and save as much as possible. The book The Income factory explains how to do it. Armchair income on youtube invests the same way but reviews funds that can be used for dividend income.
Best resources that I've seen are: * r/dividends * Income investing Guru: [https://www.youtube.com/@armchairincomechannel](https://www.youtube.com/@armchairincomechannel) And the best overall ETFs I've seen are typically from NEOS: * QQQI - Nasdaq-100; 14% Yield * IAUI - Gold; 12% Yield * BTCI - Bitcoin; 29% Yield
What I would do with cash is put it in a taxable brokerage account and turnoff automatic dividend reinvestment. The cash from the dividned can be placed in HSA, HYSA, or money market account. After that any excess can be used to used for personal needs mortgage, roth, or held as cash for emergencies. Or some could be invested With a fund like QQQI 13% yield your account could push out a lot of cask per year. 100K at 12 would generate $1000 a month. And QQQI is a tax efficient account. The fund takes steps to lower the tax on the dividends you recieve. SPYI is similar but 11%. EMO and PBDC 9%, PFFA 8% or you could just go with a utility fund UTF and get 7% IF you want to take risk There is BTCI which has a yield of 25%.
you can't. The money most come from his pretax work earnings. And 401Ks have a deposit limit preyers that is I believe about 21K a year. If he is close to 21K there will be no space left for hime to depoist the extra money. You can give hime money which he can then deposit into his roth account But that is about the best you can do. you can gift a person 18K gift without reporting it on your federal taxes. Another but ver different option. Would be for hime to set up a taxable account and then buy a dividend fund and the money you give him would then be deposited into theacount. A dividend fund like QQQI has a yield of 13% if the money in this fund is built up over time to about 50K the dividends from that fund can pay for his 7000 roth deposit for life. OR the dividends could be used by him as an emergency source of income
You might be able to turn it into a Roth or Traditional IRA (check with the institution that currently holds it). Then you could invest in whatever you like. Common (safer) growth investments: \[**SPY/VOO, QQQ, SCHG, SPMO**\] Common (decent) income investments: \[**QQQI, IAUI, BTCI, GPIQ**\] (Check r/dividends for more ideas)
If you want a Yield on your capital, the 'income investing' space is growing rapidly. Here are some example investments: * QQQI - Nasdaq-100; 14% Yield * IAUI - Gold; 12% Yield * BTCI - Bitcoin; 29% Yield And I really like this guy for more income investing ideas (Yield 8+%): [https://www.youtube.com/@armchairincomechannel](https://www.youtube.com/@armchairincomechannel)
Just chilling with my $QQQI and $SPYI calls for Feb & March
We're 2 hours in to your announcement day QQQI, when are you going to announce your fuckin distribution?
For the roof there is nothing can really do outside of HYSA. But you can start saving for future repairs to your home. One common way is to invest in a growth index fund like the S&P500 and add a stead ammount of money monthly until you have a home repair. Then sell the some of your shares to finance the repair. You will have to pay long term capital gains in this case. The other option is to invest in a high yield dividend fund. like QQQI 13% yield. This you can add money monthly and reinvest the dividends. Then when you have a home repair you stop reinventing the dividneds and collect the cash instead. 100k invested in thisfunnd will produce 13K of dividends per years. The dividends of this fund are mostly Return of Capital plus some qualified dividends. So the ROC portion of the dividned is not taxed while the qualified dividend portion is taxed as long term capital gains. So this fund has good tax efficiency in taxable account. If you need more than 13K for the repair you can sell stock of QQI to get the cash needed. which is taxed as long term capital gains. Now to get 40K k of dividends from the f fund like QQQI would take about 300K invested. A variation on this idea is put the dividneds from QQQI into money market fund so you have cash available for mall repairs or emergency expense. And when the money market has enough put the Rest in QQI for more dividend income. This is essentially and emergency fund that is filled with dividend income. And if you feel QQQI and the money market account are full enough you could put money in a growth index fund or some other low tax investment. The least desirable option is get a home loan to get the money need to make the repairs.
QQQI Should perform well in anything other than a runaway Bull market. But I'm an idiot so ignore me.
SPYI, QQQI, and BITO in order from most to least allocation
Just sitting pretty on these $SPYI and $QQQI calls for 2026
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.