QQQI
NEOS Nasdaq 100 High Income ETF
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QQQI outperforms QQQ in down or sideways markets. Hasn’t been around very long though
I put $20k into stonks Sunday night… WDC, SNDK, MU, and QQQI (I’m ret*rded). By Monday morning I was out $3,600. Today I’m only down $600. Should I buy more?
Trying to catch the falling QQQI knife over here. Now I'm bleeding from 1000 cuts lmao.
Geeze I'm 40 and have 600k but being a degenerate I have 250k in margin in SPYI and QQQI but I like the 8200$ in tax free dividends a month.
So for my Income portfolio, I did something really risky that I don't recommend. and that was have a >50% allocation to Yeildmax funds which I'm down overall about 15% in the entire portfolio. If I had to do it all over I would do definitely include QQQI, SPYI, ADX, ARCC, HTGC etc. etc. I would try and stay away from anything greater than 15% yield. Don't expect much price appreciation as those are just spitting out income to cover my baseline expenses. You can look up Armchair Income and Income Architect on Youtube to get some ideas. Those two channeIs and reading the book Income Factory are where most of my ideas come from in regards to income investing. I learned the hard way (as I guess most of us do on this investment journey) that managing your risk vs. return is supremely important.
SPYI QQQI SCHD. Simple, easy to manage, they meet my long term dividend portfolio goals.
Abandon family/friends. All in QQQI over the next 3 months, retire in Vietnam. reinvest w/e you don’t spend monthly. *this is financial advice
If it was true: Take 40k to make another 400k and invest the other 360k in QQQI which will give you almost the 4k every month
I'm down 53k on QQQI and SPYI, and not worried to much its a long hold, divs are nice at least on those as the 8k a month offsets the losses. 33k div so far so losses are 20k I guess.
Yes, but as those 3 videos CLEARLY spell out, it *is not income*. The last video even demonstrates that by holding QQQI you will end up with *less* in your pocket than you would be owning the index and selling shares periodically
I didn't wake up to the potential of dividends unite I was 40. I then started capitalizing on excess grwoth I had in a taxi le brokerage account and built up enough dividend income to cover more than my living expenses. My living expenses are are 50K a year My experience has taught me that it is probably best for young investors to build up a conventional growth pertfolio in a 401K or IRA and build up some dividend income in a taxable brokerage. Tax is not an issues if you focus on tax efficient dividend funds It is not easy to build up a dividnend income quickly but it can resolve the biggest financial worry people will have. Unemployment or being unable to work due to medical injury. Especially if you cannot get back to work for a year or more. When investing for dividends you have to watch the total return and dividend. Many people buy a high yielding funds with and ignore the share price. But if the funds share price drops every year most of your dividend income could wipped out by the shar price drop. At minimum you want a stable share price. Preferably you want at little growth in share price with the dividend. Total return isn't just about growth. For example look at QYLD, and compare it to QQQI. QYLD has a declining share price with a 11% yield. QQQI has an increasing share price and and a yield of 13%. QQQI has a higher total return. QYLD has NAV erosion that erodes your initial deposit, and gradually reducing the dividend cash payout. But the yield stay stable. Orlook at PBDC 9% yield and BIZD 11% yield (before the current market drop. PBDC is the better choice due to total return. PBDC is is an activly managed fund while BIZD is a dividend index fund. Also keep in mind the expenses of these funds is listed at 13% due to a bad SEC law that adds expenses that the fund never pays. PBDC has lower yield higher 0.75% real expenses while BIZD has a higher yield and lower real expenses of.4%. So there is an advanatage of an actively managed fund.
Qqqi vs QQQ: 2 year backtest - QQQ outperforms on total return by 1%. If you include tax, QQQI nets better. I may give up some upside, marginally, to have ongoing income and not have to time market sells to fund my lifestyle. This isn't yieldmax, it's NEOS. You don't understand the difference and that's fine. I am retired and you are a wageslave and can't step back to see the bigger picture, or do any effective research into this specific fund. I agree with you POV regarding covered calls in general. But not all funds are the same. Qqqi is not msty. Totally different.
There is a 1% total return difference over the last two years. I want income. If you include tax benefits QQQI is actually net better. Sorry you don't understand
Lmao just looked into it and QQQI is selling covered calls. I'm sorry to tell you this, but you are the one who has no idea what you're investing in. Please watch https://youtu.be/ygVObRx9X68?si=YrIzVIsaw3djEq5T https://youtu.be/xzDFbv_JSks?si=TL6JE5ISCu7us0ne https://youtu.be/K3sYY3T7V8k?si=doDwnKvl4bHSU00y The tl;dw is that covered calls over time are essentially a withdrawal method for your capital. You aren't getting 14% returns. In fact, mechanically speaking, you are guaranteed over time to reduce the size of your assets, not increase them.
Lol dude I have $700k in QQQI, pivoted from growth to income over the last year. I still have over $300k in a growth sleeve. You clearly don't understand the mechanics. Have you ever heard of covered calls before today? Have you ever heard of backtesting? It's ok man, you can keep working your shitty job and I'll be over here, FIREd at 32, traveling the world, staying fit and fucking hot chicks. Is there some amount of risk? Yes. It's roughly the same as holding QQQ. Maybe even less risk considering the downside protection. You don't have to understand - I've done the backtesting and it checks out. Sorry you can't have what I have. Good luck with that promotion so you can finally crack $80k/year. Might even be able to afford a nice new Camry next year!!!
Lol the way you type, seems like you just started trading. You haven't lost any money yet, or gained any. It's all gibberish and hypotheticals. QQQI began in 2024, and you're talking like it's a guaranteed 14% return every year for the rest of our lives. You'll see. The stock will rise some and drop some, but in a few years the price of the stock will drop significantly as well as the yield. It happens all the time.
Go buy $2M.of QQQI and make $280k in dividends forever. Sounds good
I recently moved $1M from triple leverage NASDAQ to QQQI for income. Now I make $140k in dividends and don't give a fuck what happens
QQQI might declare bankruptcy tomorrow, sry bro 😢
QQQI exists tomorrow and i do nothing
There are covered call funds that used covered calls to convert price volatility of gold and silver into dividend income. yields are about 10%. For gold IGLD and IAUI are two I know of. Additionally these are tax efficient funds meaning you pay very little (close to zero in) taxes you ib the duvudebd you recieve from the fund There is also a silver fund but I don't remember the ticker for it. IAUI is Neos funds and they have other covered calls funds and most are tax effect and have high yield. SPYI and QQQI are covered call funds that invest in the S&P500 and NASSDAQ 100 index. with similar yields and tax effficienty
I believe it's just selling covered calls on Google stock. Similar to IQQQ, QQQI, JEPQ, JEPI, etc. but focused on 1 stock instead of an ETF
the only things I have are QQQI, XOM, CVX, and XLE. Sold all my NBIS and tech. Probably rebuy NBIS when it dips.
Covered call ETFs like SPYI, JEPI and QQQI.
Fidelity whenever I buy 0DTE stock options: …. Fidelity whenever I buy 1 share of QQQI: You need to sign this liability waiver
The deposit limit 7500 a year Now yes if you can increase the money going in you can have a larger retirment fund in retirement. Growth index funds do from titmice to time have 20% gains in a year. but the long term average total return for growth index funds is 10% Historically any good dividned fund with about 10% yield will over the long term do as well as growth index funds. And there is no limit on dividend income into a roth. So if you invest in finds like QQQI 13% yield, EIC 11%. ARDC 9%m, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7% the dividends flowing into the account can be much larger than the yearly deposit. I currently have 500K in my roth and due to income limits I cannot deposit any money. But the dividend income into the accoutbnb is currently 50k per year. That is 6 times higher than the current deposit limit. Meaning my protfolio is growing as fast as what you would get over the long term with growth index funds.
It'll likely be very volatile and trending downward for a while. Worth looking into QQQI or DIVI or similar options ETFs which do well in these markets
FDRXXX is a fidelity money market fund. They are basically the same as HYSA in a bank. Similar yields and FDIC insured. Most brokerages have at least one to choose from Fidelity has 3. Whenever you makeacash deposit into the brokerage account the money goes into the money market account. And when you sell stock or receive a dividend the money goes into the money market account. Realistically you want about 6 months of living expenses saved up in the money market account. Anything more than 6 months of living expense should be invested in either grwoth index fund or dividend fund. Since this is likely a taxable account I would recomend you use a dividend ETF for any money in excess of 6 months of case. QQQI is a good choice much higher yield than money market funds, and aid is tax efficient. unlike the money market never withdrawal money from QQQI. Every month QQQI pays a 13% cash dividend which you can reinvest in QQQI or have it do into the money market account. You can use the cash from QQQI dividend to: Rebuild the cash account after a withdrawal. Use the dividend to cover your yearly Roth deposits. Ore us the dividends for regal monthly bills. In essence you are using QQQI as a money generator and the money market account as a battery The generator keeps the battery full. you can build up the funds in QQQI over time and eventually get 2K a month or more of income from it. Eventually it could allow you to retire before age 60 when when most retirment accounts become available for withdrawals.
Good questions. First, I recommend QQQM not QQQ. Why? Its the same stocks with a lower fee. QQQM is newer and that scares some investors, but not me, in this instance. QQQ also has a higher share price, I think over 600 but qqqm is lower about 250. I compared them and they track identical, and the small differnce in fee is not much, .15 percent for qqqm and .18 percent for qqq. Still little things add up. Small drops of water fill a large pond. Both of these Q;s (QQQM AND QQQ) PAY A NEGILIGBLE DIVIDEND, less than 1/2 of 1 percent. So they are both growth buy em and hold em. You pay zero taxes on a stock until you sell it. Exception: You do pay taxes on dividends, but its a bit more complex than that. There are several classes of dividends. Lets look at these 3: Qualified, Non qualified, and ROC. Qualified and ROC offer tax advantages, non qualifed dont. non qualified is regular income fully taxable. ROC is returning your money back aka return of capital. Now, sometimes this is good, sometimes not so good. Its not really good if the stock goes down $1, and you get $1 ROC. You made zero net. You got a dollar back from what you paid so you dont owe taxes on that. However, with some stocks they manage to work it where a least a portion of your dividend called "ROC" is not reflected in the share price. That is, you get the best of both worlds. For taxes you get your money back, but the share price did not decline so you did well. QQQI is a different animal. Its a Neos "covered call" strategy with 1256 contracts. You can ask your cpa what a 1256 contract is, but it does have some tax advantages on the dividends you receive. QQQI can also have part at least of the dividend as ROC. This kind of ROC is pretty much known as tax deffered until you sell. The choice boils down to what is most important to you. If you are retired or otherwise want a great dividend yield, QQQI is up there better than 12 percent. But the cost of that will be that QQQM will likely outperform long term as it caps your upside. But if you dont need dividend income, you can/should just buy qqqm and hold it sometimes very very long term, because it is well diversified.
If you’re 17 years from retirement, growth usually matters more than income. QQQI is more for people who want cash flow now.
While ROC usually just kicks the tax can down the road, your specific situation turns those distributions into pure profit with no hidden catch. I usually run these income strategies through trylattice since its interactive charts show exactly how ROC impacts your total return over time. It is super helpful for checking the latest stock filings to ensure those high yield ETFs like QQQI are not eroding their actual net asset value too fast.
Came to say the same thing. Keep earning money working, stack it in safer stuff like VOO, SPY, SPYI, QQQ, QQQI. If you want a little higher risk/reward go for some BTCI but stop straight gambling.
IN the current market it is probably best to invest in some dividned funds or bond funds. The market could crash and the value of your investments would drop but the dividends keep coming in. Dividend ar the investment version of invterest. If you took your 150K of cash and invested it in taxable brokerage accountant deposited it in QQQI 13% yield you would get 1.5K per month. As people get older they get uncomfortable with the risk of growth index funds. So for you it is time to change your nesting stratagy for dividend income The only difference between QQQI and your vangard cash money market account is that you would have to sell QQQI to get your full 150K back you would need to sell QQQI. If the market is up you will likely get some captial gains. But if the market is down you have a captial lose. While QQQI has a nice high yield in a market crash there is a good chance the yield will drop and it may take years to recover. So many use bonds instead of dividned fund but those are paying about 3.5% righ now. However there are some very safe dividend [funds.you](http://funds.you) could use, JAAA 5.5% yield, UTG 6.4% yield, UTF 7% yield, and CLOZ 8%yield. These are about as safe as you can get 6.7% yield you have an equal amount of money in each fund. 800K invested in at 6.7% you generate 53,600 per year or about $4466 per month. Now with this portfolio if the market crashes the value of each fund will drop but you will continue to get your 6.7% yield and 4466 per month. So as long as you just collect the dividneds and never sell you will continue to get moneyUTF and TUG have been paying dividends since 2004. CLOZ and JAAA are new ETFs but they invest in one of the safest assets available except government bonds. I would suggest you read the Book The Income Factory and look art armchair income on youtube.
QQQI has only been around for 2 years, during a bull market for big tech stocks. It's volatile, but doesn't have a long enough history to reflect it. The dividends are just financial engineering. The underlying stocks they own generally don't pay high dividends, but the fund pays out their growth like dividends instead of capital gains. In an IRA you don't have a reason to care about the tax implications of capital gains vs. dividends. Returns are returns, and the difference between dividends vs. capital gains is mostly psychological, especially when it's investing in the same underlying companies either way. I'd say just stick with your original plan of FZROX and FZILX. Those are broadly diversified and FZROX will contain plenty of the same big tech stocks that QQQI is investing in, so you'll be exposed enough to that, without extra concentration in a tech fund. 70/30 is a reasonable ratio. Market cap weighting would probably be a little closer to the 60-65/35-40 range, but close enough, and nobody can predict the future and tell you exactly which ratio is best. At your age it's fair to go all in on stocks as long as you have the temperament to not panic sell when there's inevitably a downturn. As you get closer to retirement you'll want to think a bit more about value preservation. But even in retirement, the target date funds often want you 50% in bonds which I would consider too high. Target date funds can be a reasonable option, and better than a lot of the mistakes people can make if they get too involved, but I wouldn't consider them optimal.
VOO is a good growth fund to start out with. And it is tax efficient. With 8K a month coming in this money willl mostly end up in a taxable brokerage. But with grim the popularity often falls quickly. It might be better to consider a dividend fund instead of a growth fund. A dividend fund invests you money and then send out Quarterly or monthly cash profit sharing payments directly into your your brokerage account. QQQI is one with a 13% yield 50,000 will generates about $500 of income you can use for anything:to * you can use the money to keep you savings account full * Use the moeny to pay regular monthly bills * make a yearly deposit into a Roth retirment account. * you can use the money to invest in grwoth or invest for more dividends. Essentially you are replacing the passive invoke from the game for passive income from investmentsin your brokerage acount. I am near retirment and am investing for passive income. I keep 6 month of expenses in a money market account (it's basically the same as HYSA account). And currently have 6 about 6K a month of passive income. Most of which I spend to cover living epees and and the rest is reinvested. A good book to read about dividend investing is The income factory. ArmChair income on youtube invests the same way but he does detailed reviews of funds many of which iare in his personal account.
FZROX and FZILX iare a total market fund and interhnationonal market fund. FXAIX is just a S&P500 index fund. The stock in FXAIX are in FZROX. I would just go with FZROX and FZILX. Both are fidelity zero funds which are only available to fidelity customers and and have zero fees and expenses. IF you invest in these fund and max out your yearly deposit you will have about 2 million invested by age 60. But one issue with Roth accounts the deposit limit is very low. 7500 per year. If you could increase the deposit limit to 15000 you would have about 4 million by age 60. So it is worth it to make changes to get more money into the account. So I would consider adding a dividend fund to your account. dividends are cash profit sharing payment to investors in a company. And a Roth account allows unlimited dividend deposits into your account. I have a fund in my account QQQI. It has a dividend yield of 13% so it will generate a lot of cash Now you could invest all the cash in QQQI or your could collect the cash and and set up and automatic monthly transfers of the money into FZROX and FXIKX and QQQI. AND do an occasional rebalancing so that each fund will hav the same ammount of money..
If you look away from money market accounts, HYSA, and government bond funds you can get dividend funds that have yields of 5 to 10%. Dividend are cash payment made directly into your brokerage acount. You don't see the dividend stock together the money. I a retired and living off of my dividend inomt of 5K a month. Funds I am using are QQQI 13% yeild, ARDC 9%, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.4% JAAA 5.5%.
I love QQQI you knows what's crazy is that it's a covered call strategy ETF and you can sell your own covered calls monthly on it also which I definitely take advantage of
I would put the 20k QQQI and turnoff automatic diviend reinvestment. I would then invest future income into growth index funds of your choice. QQQI is a dividend fund with a reliable 13% yield. This would add $2600 a year to your $7500 deposit. This would add more money to your deposit that you can invest in growth fund like VT. With such a small ammount invested total return from you investments is dwarfed by the money you deposit. So getting more money in now will result in a larger portfolio the you retire. After 4 years rebalance the portfolio so each fund has the same amount of money. Both funds will feed each other and your monthly deposit willl also feed the funds. Rebalance every 4 years.
I can't tell you what's better. But I do have QQQI and Jepi. I'd say it more of a set it and forget it and collect the income. I do write my own own options on individual picks also. Performance is better, but that's due to the picks and timing.
6 months a savings is fine if you can get a replacement job in 6 months After 6 months you will be basically out of money. I would invest the $500 into dividend funds in a taxable account.. A good one to start with isQQQI 13% yield and it is a tax efficient fund. Reinvest all the dividends for a 5 years. At that point you should have 40K invested in QQQI and that would produce 4000 a year of income or about $333 a month you could use to cover utilityty bills and other regular monthly bills. After 10 years the income would be about 1K a month. Keep investing in QQQ and either reinvest the diviends or use the money to cover bills. Eventually you willl have significant dividend income. And if you get laid off you will have you can use the dividned income to help cover expenses. Eventually could get to were I am now 5k a month ofincome which is enough to cver all of my living expenses.. I Would suggest you read the book The income factory and look at Armchair income on you tube.
A covered call ETF's total return is always less than the index, so the total return of QQQI is lower than just owning QQQ. My goal selling CC is additional return ON TOP OF my QQQ returns. So my total return is higher than QQQ alone. At least that's how I look at it.
For those wanting to retire early by selling stock for income the recomendation is to have 25 time your living expenses. for dividned you could get buy with about 2.5 times living expenses. The key is to aim for yields of about \^% to about 12%. I'm using funds like QQQI 13% yield , EIC 11%, ARDC 9%, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.4%JAAA 5.5 % for dividend income For more fund ideal look at Armchair income on youtube. He is investing exclusively for dividend income in retirment.
don't restriction search to funds with the lowest expense ratio possible. You only need to exam the expense of the fund when you are looking at 2 or more nearly ideentical funds. So by restricting the search to the lowest expenses you got a list of mainly growth fund. Growth funds are very good. Since they only follow an index they are so simple computers can do most of the day to day operations of the fund. Leading to low extremely low expenses. some specialty funds Lime MLPS and BDC dividned funds will probably be excluded. MLPs funds have to deal with K1 tax forms which tax processing fees to the expenses. BDC are subject o a flawed SEC rule that requires them the add associated expense to the funds expense. The funds never pay this expense which is about 13%, PBDC has a yield of 9% a real expense of o.7 and BIZD 11%yield has real expense of 0.4. Yet PBDC has the higherI total return. It is not ideal to have a protfolio of just grwoth. Retirement account have deposit limits. which will limit the size of your portfolio by the time you retire. Having some high dividned funds in there will add cash flow into your account beyond what you get with just growth funds or gobvernment bond funds. I have PBDC, EMO both 9% yields in and QQQI in my portfolio for this very reason. The high dividend yield from these funds early exceed the $7500 deposit limit of my roth. The higher cash flow into the account allows the portfolio to grow faster.
Must be friday All the anti dividend /Passive income people have spammed this post. yes safe bonds and HYSA don't pay much in yields. But there are dividend funds that pay much higher yields. QQQI (A covered call fund) for example has a 13% yield. Not the highest yield available from cover d call funds but It doesn't have any of the problems the higher yield funds have. 4.5 invested in this fund will produce $585 a year not much. But is you deposit 500 a month for 10 years you will have 125K and the yearly dividend of 16k a year. A little over 1K a month. And you pay less taxes on the dividends so it is a tax efficient fund. The key to high dividend income is to consistently depositing money every month to build up a large portfolio. Not covered call funds are not the only choices In addition to QQQI I have ARDC 9% yield, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.4% and JAAA 5.5% I have these in my roth and they are currently pumping about 5K a month into my roth. I also have some in a taxable brokerage account so I can access the cash now.
Not all people have parents or friends to fall back on if you loose your job An emergency fund is ver sound advice because every once in a while you get an expert car repair, medical bill or some other unexpected expense. But what amy people don't realize the emergency fund is just the first step after your retirment fund is set up. You can set up investments in a taxable account. Unlike retirment accounts you can access money in a taxable brokerage accountant any time. I f you invest money in this account in a fund like QQQI 13% dividend yield. Y inou could reinvest the dividendinto QQQI and gradually build up the money iin QQQI to $50K which would then generate $541 a month. Over time you could build up the dividned income to 40K a year. Eventually dividned income could cover most or all of your monthly bills. It will take time to build up this income but once you get there it is extremely helpful I would suggest you read the Book The Income Factory and look at Armchairincome on youtube.
At some point people need money from their investments. Now you can sell for income or invest for dividends. I am 55 and my current dividend income is 5K month and I retired and that covers my basic living expenses. By age 60 when I have access to my retirement account I should have 10K a month of dividned income. My dividend investments right now are QQQI 13% yield, ARDC 9%, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.4%, JAAA 5.5%
SCHD, VOO, QQQ and QQQI combo
I have batch 30% yield, QQQI 13%, SPYi 11%,EIC 11%, ARDC 9%, BPDC 9%, EMO 0%, CLOZ 8%, UTF 7%, UTG 6.4%, JAAA 5.5%
VOO,SPY,QQQ,SCHD,SPYI,QQQI,IDVO,SGOV,O, and CHPY. 10% in each. Growth with VOO,SPY,QQQ,SCHD and IDVO. Income with some growth with SPYI,QQQI and CHPY(as of now no NAV decay at all.)SGOV bond exposure plus it’s extremely safe and pays monthly. O gives you exposure to real estate. Yes there is some overlap but each one does it a bit differently. Something likes this is my ideal portfolio. If I was still in my 20’s and able to invest.
I would invest it in QQQI 13% dividend yield. This would generate about 1.5K per month. or 15K per year. you could us the income to pay off you debt slowly while you look for a job. many assume the best way to generate income is to invest in a rental house. However many that have tried that hav later found dividend investing has fewer expenses and less work.
Inflation often comes in one short surge than drops. The long term average inflation rate in the US is 3.2%. So it will probably not be as bad as you think but the future is unpredictable. I suggest you look into a different retirment stratagy that doesn't involve drawing down your portfolio. Let's assume you need 100K to cover living expenses in retirment. you could set asside 1million in your portfolio into dividend funds and get about 100K in dividends. Dividends are profits of your investors distributed to you as cash without selling shares. There are people that have retired on 200K of dividend income per year. Also on risk no one plans for is an injury or medical issues that prevents you from working. Effectively forcing people to retire early. One thing you can do is to invest in dividend income in a taxable acccount. I retired early with 5K a month comming from dividend funds in my taxable account. I would suggest you read the book The Income Factory. And Armchair income on youtube is a good resource for fund ideas for an income factory. Some of my favorite dividend investment are QQQI 13% yield, ARDC 9%, PBDC 9%, EMO 9%CLOZ 8%, UTF 7%, UTG 6.4% and JAAA 5.5%. You can add government / cooperate bonds and municipal funds.
Dude I am in a similar financial situation, just turned 25 but renting with my Fiancé. I had about $100k in my HYSA at the beginning of the year, slowly putting it into QQQI, VTI, etc. Going to keep like $50k in HYSA and stack it back up as we get closer to buying a home. Fiancé finishes grad school in 2 years, probably buying a year after that. Really banking on something happening to mortgage rates or home values in my area. Everything just seems overvalued right now, all things considered.
when you have 100K more more in HYSA you should invest it. Now you could investing grwoth index funds but as long you have bills to pay you should invest for income. You stated you are making regular deposits into a Roth IRA That is an expense of 7500 a year. If you invest 100K in QQQI which pays a dividend yield of 13%, you would get about 1K a month of income which can be used: * Pay your roth deposit * Use the dividend income to pay our bills. * The dividend income would make it also easier to maintain your 100K emergency fund. * you can use the dividends to cover living expense in the event you loose a job or are unable to work for any reason * Every dollar of dividend income that is spent on covering bills will allow you to invest more income work income For you now I would consider removing some of the emergency fund to develop dividend income. 57K youwould be enough to cover your Roth deposit commitment. At that point put and equal ammount of money in QQQI and your HYSA And while you are at it invest some money in your roth for dividend income there is no limit as to how much money your investments can earn in a roth you could have 12K in dividends in your roth and still deposit 7500 per year into the roth the more money you have flowing into a roth the faster your portfolio will grow. I would recomend reading the book The Income Factory nd looking at Armchair income on youtube. I am approaching 60 and I get 5K a month from a taxable account And my roth is already able to produce the same amount of income.
For a 3-5 year horizon you can do much better than a measly 3.5% distribution rate. Consider putting the 100k in SPYI, QQQI, and IAUI at equal weights. QQQI has a distribution rate of over 14%, SPYI at 11.8% and IAUI at roughly 12%. Set it to DRIP, so every month, the dividends are automatically reinvested and you'll pay no taxes because they're return of capital(ROC). Just keep doing that until you need the money down the road.
I dont think you understand how some covered call funds operate. QQQI for instance is return of capital(ROC) so if you reinvest in the dividends each month in a taxable, you pay no taxes. QQQI gained almost 19% in 2025 which outperformed the sp500 index. ROC makes it very tax efficient and if you sell shares, its automatically 60% long term capital gains.
Why are they so damn popular then? lol QQQI has been out for a little over a year and it has an 8 billion in AUM already.
In 3-5 years I would invest in SPYI, QQQI, QDTE. mainly covered call funds with a high distribution yield..
What is the long term plan? At what age do you want to retire? What is your expected income from social security and retirement account? About how much are you short each month? Is there anyway to find a cheaper apartment or do a side gig to make the difference? Using these funds while 100% employed is not a long term viable solution. If you absolutely have to, then I will prefer some good dividend etf's instead of CC funds like JEPI. The dividend funds usually increase dividends every year. 45,000 is not a lot of money to generate passive income and if this is short term, you can buy funds like SPYI or QQQI. Long term these will probably will not maintain the purchasing power.
QQQI absolutely crushes it in sideways markets like this.
Full port into QQQI for 14% dividends and be free today
I mean, everyone knew volatility would increase over time. But daily 1%+ movements in the indexes, every day, in opposite directions, is getting insane. I guess these covered call ETFs will continue to print dividends in these market conditions. Enables FIRE with QQQI paying 14%.
All the funds you list are growth index funds with minimal differences in risk and often with overlap. Nothing I would consider spice in a portfoli Try ARDC 9%yield, PBDC 9%,EMO 9% CLOZ 8%, QQQI 13%.. Thes will add a lot of dividends to your portfolio. which can be used to by more of other fund or more dividend funds. right now in your roth you are limited to investing $7500 per year. I you take 30K from VTI / VXXUS and put that in EMO you would boost the yearly cash flow into your Roth to $10,200 a year You can put the dividend, VTI, VXUS or EMO. The dividends funds would also work in a taxable account. But QQQI in addition to having the highest yield is also a tax efficient fund. So in the taxable account. build up the dividend income from it to 7500 and use that income to make your yearly roth deposit. And keep adding more to the taxable accounts and more dividend income fund. you can use to pay your bills And eventually you would have enough to cover all of your living expenses.
Generally the starter recommendation is to establish a retirment acount and deposit the maximum allowable (if possible) and establish about 6 months of living expenses theIRA don't invest the money you put into it. You have to choose the investments and how much of the money goes into each fund. After that many people just stop. My recomendation is that the emergency fund should be in a money market account in taxable brokerage and then I would start slowly building a dividend fund. Dividend fund distribute their earnings quarterly or month though cash dividend payment directly to your brokerage account. that money can then be invested or spent as you wish. I would slowly build up money in this fund and then when it exceeds $600 a month invest the dividend income in the Roth and continue to build the dividend fund in the taxable account. Any extra dividend income can then be used to pay uitility, gas, food bills while you continue to add money the dividend fund. The overall goal is to eventually have enough dividend income to cover your living expenses so your work income could be deverted to other uses. This would also insure you have income if you loose your job or cannot work for midical reasons. I now have enough dividned income to cover all of my living expenses. About 5K a month. QQQI is a good starter fund for a taxable brokerage account13% yield and it is tax efficient fund. It would also work well inside the roth with VOO keep 50% of your deposit in QQQI and 50% in VOO in the roth. You could also di the same in taxable brokerage. Eventually you could deversify to other dividned funds. My Roth it is just invested in dividend funds. I am currently using QQQI 13% yield, EIC 11%, ARDC 9%, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.4%, JAAA 5.5%. And you could VOO to that if you want.
YieldMax is a dogshit scam but yeah I get you. Neos funds have been great checkout QQQI and SPYI too, 13% and 11% yield
No use QQQI and collect that big dividend to pay for educational expenses
okay 🏆🏆🏆 buy QQQI WAR and KO 🏆🏆🏆 they are stocks they have gone up in price since 20 years ago
you could pull the money from the IRA and put in a taxable account and invest that in a dividend fund like QQQI 13% dividend yield and tax avantaged. Then you could us e the monthly dividends to generate income to gradually paying off the maortgate. And income in excess of the mortgage ammount could be used to cover other bills or expenses including making the 7500 yearly Roth iRA deposit.
If you know you are going to need the money in 7 years I would go with QQQI 13% yield. 7 years is about enough time for this fund to double your money if the dividends are reinvested. And at that point you could sell it off and use the money. Or if you decide to not spend it you can divert some of the dividends to help cover monthly bills or rent
Your HSA is restricted so it is only useful for healthcare cost. Rotund 104K are mainly for retirment. So basically most of this money cannot be used until retirent. The the HSA you can only use for medical. I would Invest some money in a taxable brokerage. Some in money market account for an emergancy fund. The emergency fund should have 6 months of living expenses. Once the emergency fund is full start investing for dividend income using funds like QQQI 13% yield, This fund is self sufficient you want this fund to generate the cash need for your roth deposit or it can be used to refill your emergency fun, or the dividend could be reinvested into QQQI to grow your dividned income. The purpose of the dividend is fro it to eventually generate enough income to cover utility bills and other regular monthly expenses.
SCHD/G, VOO, SGOV, SPYI or SPYT, QQQI, GLD And any individual stock that you think have a good steady grow (required research)
First off build your emergency fund and invest in your employers retirement plan or a roth if they don't have one. Growth index funds are find one theretirment account. If you want to be able to access the money then I suggest you open a taxable brokerage and invest in dividend funds. Dividend funds produce passive income. You don't have to sell shares to get the income. The passive income will be invaluable if you loose your job and unlike a cash emergency fund the passive income will not run out of money. you Couldstart out with a fund like QQQI 13% yield and it is tax efficient. For now simply have the dividends reinvested. But it is a good idea to have multiple funds which invest differently. If you have need fro the money you can turn off the dividend reinvestment and just collect the cash in a money market fund. With 50K invested in QQQI it will generate about $500 a month. As you gradually build the income you could start using the income to cover monthly bills and maybe eventually get enough income to cover all of your living expenses. Allowing you to invest more of your work income. I have been working on this for a while and I get 5K a month of income from dividends which is enough to cover all of my living expenses in a high cost of living area. I am currently using the following funds for income QQQI 13% yield, SpYI 11%, EIC 11%, ARDC 9%, PBDC 9%, EMO 9%, CLOZ 8%, UTF 7%, UTG 6.3%, JAAA 5.5%, I was able to retire at age 55. But if I started dividend investing earlier I would have retired much earlier. Now you could have a growth index fund like VOO in the account as well.
You could be making 34k tax free on 3 mil a month with a 50% 50% on QQQI and SPYI then just gamble with that while the 3 mil is stable in the broader market, but to each his own I guess.
I hold BTCI and QQQI and laugh all the way to the bank.
I wouldn't base the decision on the interest rate. If you don't like the money market interest you can always invest money into a dividend EFT and get bitterly whatever yield you want. One ofmy favorit ETF is QQQI with a 13% yeild. Yes it has more risk than a money market fund. Or you could with CLOZ 8% yield or JAAA 5.5% yeild, both are much safer than QQQI and both easily have higher yields than any money market accounts. I would base my decision
Step one is convert your old 40k into a rollover IRA and then convert that money into roth deposits. You will pay taxes doing this but one the money is in the root you can reinvest it as necessary for it to grow. For the low contribution limit there is one easy way to get around that. Invest for dividends inyourroth. Dividends don't affect the contribution limit. So you could set yourself up so that your investments are generating dividends. The dividneds are automatically deposited back into your Roth acount. So say you invest enough in QQQI 13% yield so that it generates 500 a month and you deposit the 7500 a year limit. 500 a month in dividneds is $6000 per year + 7500 = for a total yearly deposit of 13,500. per year. I have built up my roth to the point my dividend if about 4000 a month that is 48000 per year. I can reinvest that in the the funds that generated it or I can depoist it in other funds.
Using an interest calculator you need a dividend yield of about 10%. There are a number of funds that pay reliable yields. Funds I have that satisfy this requirement are QQQI 13%yield, SPYI 11%ARDC 9%, PBDC 9%, and EMO 9%. CLOZ8% Now You could put it all in QQQI 13%. But QQQI is a quality covered call fund that invest in Nasdaq 100 index. So if the market stays stable you will reach your goal. However if the market crashes you won't. because the share price will suddenly drop and it may take months to recover. You are probably better off having a little invested in all of the funds I have listed. Adjust the money in each to reach a yield of 10%. In one year or reinvesting all dividneds you will be at about j and in 2you should be at about 300K. At that point you could sell the funds to get the money to purchase the home. And if you decide to not purchase a new home in 2 years you can continue to reinvest the money. Invested this way in 7 years your 250K will be 500K . Additionally 250k invested this way will produce about 2K month of income. So you could conceivably buy the home with a loan and use the income from the fund to pay off the mortgage.
What are you trading? If 0DTE stop that. Instead try getting LVL 3 options trading. Start with monthly credit spreads. Never trade during earnings or if a company is getting ready to pay dividends. Or instead of VOO and chill. Look into investing in SPYI, QQQI, IDVO, and SGOV. All pay monthly dividends. SPYI and QQQI follow the index’s. IDVO is international exposure with great growth. SGOV is very safe it’s a bond ETF that pays monthly great place to park cash. 25% in each one will give you a nice passive income. Buy Monday while the market is still down. I lost $2600 lost $2600 last year mainly due to 0DTE trading and one bad Cash secured put options play. Study the charts. Pay attention to earnings reports. Pay attention to the Vix. If the Vix is up things are going to be RED. VIX is Down things will be Green.
RH is the best place to learn. You will need a margin account. With LVL2 trading. Start with Cash secured puts and covered calls. If you can get LVL 3 trading then credit spreads. Stay away from futures and 0DTE trading both great ways to lose your money. But before you start trading. Buy into monthly paying Index based ETF’s. SPYI,QQQI are 2 good choices. IDVO for international funds. I’m 48 started trading and investing at 45. Not a lot of time to build a nest egg. if you want ultra safe places to keep your money. SGOV,VOO,QQQ,SPY,SCHD and VTI are all popular ETFS. SGOV is a short term bond ETF that pays monthly but you balance never changes until you either receive dividends or add more money. The rest are growth funds that pay quarterly dividends.
It all depends on your goals. How much you have to invest right now. How much you can set aside each paycheck. Until you figure that out. Your best bet is SGOV. It’s a short term treasury Bond ETF. That pays monthly. It does not go down it does not go up. Pays a dividend each month. IDVO is another good one currently it’s also an ETF that pays monthly. I think around 5% but has great growth. Has done nothing but go up. It’s based on international companies. Or index based ETF’s like SPYI and QQQI. Then there is the cult favorites of ETF investing. VOO,QQQ, and SPY. There on the expensive side that’s their only downside. Any of these choices are good. If you want to trade options start with Cash secured puts and covered calls.
No: 1. The stock is overleveraged and over-concentrated in tech with TQQQ 2. The portfolio is very gold/commodity heavy with DBMF/XAUUSD 3. Covered call ETFs are not a substitute for bond income. They are not good investments. Your portfolio will almost certainly fail catastrophically during a liquidity crisis or general selloff. TQQQ is 3x leveraged, so it will implode. QQQI will lose money with the market selloff, but won't recover because it will write covered calls well below previous price. DBMF/XAUUSD may fall as well if liquidity dries up.
i bought from VTSAX today and opened a position on QQQI and SPYI
the long term average total return of S&P500 is 10% during the 2000 to 2010 lost decade it was closer to 5% per year. Also as we get older risk tolerance typically drops. So there are many like you that feel trapped because they cannot stomach the volatility of the S&P500 and yet they need to invest. One simple stratagy is outlined in teethe Book the income factory. It is worth your reading. Basically you are probably better off investing for dividends rather than growth. Good dividend funds don't have a the volatility of the S&P500. and dividend funds typically do much better than growth in bear markets like long decades. And seeing income coming in really helps calm peoples fears of the market volatility. I am aproaching age 60 and I am heavily investing in funds like EIC 11% yield, ARDC 9%, PBDC 9%, EMO 9%, CLOZ8%. that averages 10%. And everything political happening now has had no effect on on 5K a month of income from funds like these. IF you have a good job and can invest enough income you can get a decent income by age 60. But not you may have to use a taxable account as well as a retirment accountant. IRAs often has a rather low deposit limit of 7500 per year. 401K hav a deposit limit of about $21000 a year which has aa very big impact on the size of your portfolio. at 60. So you may want to have taxable account with no contribution limit or withdrawal date limit or penalties. Yes you will ba paying taxes but once you get start getting significnant income you can start usingN the income to pay bills and other expenses freeing up additional money for investing. And then you can use a Roth IRA to start building tax freedividend income you cause after 60. One advantage of investing fro yields around 10% is that the ammount of money you need to save up is generally smaller than the ammount you would need in growth index fund only portfolio. 500K invested at 10% yield is 50K a year of income. To get that income from a typical growth portfolio the 4% rule recommendation would require about1.25 million. Note I also have covered call funding my portfolio these funds are just as volatile as growth index fund bu the yield if also high and an they are also tax efficient so you pay less for the income I hav BTCI 30% yeild, QQQI, 13%, and SPYI 11%. I mainly use these to generate income which is mostly reinvested into other non covered call ETF to grow my stable income ETFs. And I also have some growth funds I can use at anytime if there is an issue with my dividned portfolio or I have a bug unplanned expense.
QQQI is the place to be in a sideways market
8k (cost of FSD) split between QQQI/BTCI pays $130 month. Subscription paid, 8k saved.
I am curious about QQQI, is there a risk to this if you were to take it out in 6 months?
I wouldn't mind loading up on QQQI under $54/share this week!
The general recommendation is to have bout 6 months of living expenses in cash and at least one retirment fund were you are maxing out the contributions. I prefer to use money market in my taxable brokerage acountfor the 6 month savings. Then beyond the I like to build up passive income from dividends to cover living expenses. For example you could put your extra cash in QQQI 13% yeild 50k in this fund would generate $500 a month the brokerage account. That would generate 6K a year which can be used to cover your most of your yearly roth deposit. build it up further to 100K which would generate 1K a mont that would cover all of your roth deposit and 5K can be used to cover utility bills and other expenses. Eventually you want to have enough dividned income to cover most of your expenses if you cannot work or loose your jobe. Having a constant stream of income is in many ways better than a savings account since ether dividned income will never stop commoning. Cats savings account have a tendency to run out of money when you need it the most.
Long term investing has been (relatively) easy for the last 100 years or so. Buying the S&P 500 and resisting to urge to sell when things feel uncertain was arguably the only advice an investor needed to succeed. The firs growth index fund became available around 1980. retirment funds also became available at about the same time. But both don't really become widely available until about 90's. Prior to 1980 the common investing stratagy was to invest for dividned stocks and and picking growth stocks. And what you are seeing today is not really different than what people were seeing in the late 90's if you subtract everything trump does. Investing and holding the S&P500 but good investors don't stoop there or stop at the 6 month emergency fund. Some people now are starting to add more bond and dividend funds. in Bear markets growth can be hard to find. But dividends keep common and pond keep paying. and don't limit yourself to fund paying a divined of 5%There are good dividend funds that pay %% to about 10%. I like QQQI 13% yield, SPYI 11%, ARDC 9%, PBDC 9%, EMO 9%, PFFA 9%, CLOZ 8%, UTF 7%, UTG 6.3%, JAAA 5.5. Another thing people do is after their retirement funds and 6 month emergency fund are setup people start investing for dividends in a Taxable account. Why we all have mostly bills to pay including home mortgages and rent. Everyone is hemorrhaging money monthly. So some people start investing for dividends in a taxable to with a goal of covering common monthly bills. It takes time but eventually you could get enough income to cover much or all or your monthly expenses.
the other 50K could be invested in QQQI instead of High yield savings or checking account. QQQI has a 13% dividend payed out in monthly installments and is tax efficient. In a taxable account 50k in this fund will earn about $500 a month.which you can reinvest in QQQI or VOO or just spend if you want.
In order to understand QQQI and similar funds you need to understand what a covered call is[.This video ](https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.youtube.com/watch%3Fv%3D4sdELtYxGTs&ved=2ahUKEwjh-uuLhpOSAxWEGDQIHWIMD2EQtwJ6BAgXEAI&usg=AOvVaw2hq0cwKpOOi5ci_hZVJMMb)should help. QQQI holds that Nasdaq100 index (often referred to as QQQ the first growth index fund based on it. So the share price of QQQI will move with the market. The dividend comes from the fee people pay to buy the call. Unlike dividend ETFs the dividend is costly changing the dividned can go up or down every month. So in a really bad market such as 2008 you could have a significant dividend cut. Also these funds do best when the market is flatter dropping raidly. During these conditions the fund is not loosing shares of the index due to people that payed for the call can get the stock at a lower price from the market. However if the market goes up rapidly the call price is cheeper than the market price so the fund loose shares of the index so the NAV (net assessed value of everything QQQI QQQi hold DROPS. It this happens the fund has to eventually replace what it has lost. Now QQQIis a good fund with a 13% yield. But there are many funds that are pulling in a lot of investors with 30% or higher yields. Many of these very high yield funds loose assets more often and as a result they they have NAV erosion. Were the short price drops, doesn't recover. or drops every month while the index they are tied to may goup. So when looking at covered call funds you want to compare the share price to the index of the index or stock that it writes calls on. IF the share-rice is dropping every month and rarely recovers the Fund is suffering NAV erosion and should be avoided. You loose principle and likely will never get it back, and the dividend payout drops while the yield stays high. The worst of these funds will do reverse stock splits to To prevent the fund from being delisted from the market The worst funds from a NAV erosion standpoint are yield mats funds, globalX funding Roundhilll . you simply cannot get yields of 30% or more consistantly from covered calls. QQQi generally recovered its NAV quickly the since inception has shown a gradula share price increase. QQQI is a NeOS fund and no news fund has persistent NAV erosion issues. All have have a consistant small share price precautions. No covered call fund can have total return higher than the index or stock it is followings. But if you need the income they are a great option.
you can have multiple IRA for 401K but you can only contribute to the one from your current employer. You can also have more than one personal IRA but you total IRA contribution is limited to $7500 per year, Converting To a roth IRA is probably you best option. But I would use SCHD in it I would instead use CLOZ 8% yeild. The cash dividend for 100K is $8000 per year. Or you could use QQQI 13% yield which would generate 13K A YEAR cash inflow into your account. So even if you cannot contribute money to the cash will still flow into the account.
QQQI is one of the better covered call funds out there. Pays roughly a 13.6% distribution rate, appreciates capital, and is tax efficient. It gained roughly 19% last year. Its a good fund, and the covered calls give some downside protection.
This is such a stupid post. GPIQ by Goldman Sachs or QQQI by Neos can’t yield OP up to $140k tax free annual income without selling anything. Sure a market draw down would hurt, but even a horrific 50% collapse in market would still yield around $70k for OP. $4M.. LOL, some of you want new Bentleys. The rest of us done.