I appreciate you posting content that I can use. Its very helpful, and the fact that almost none of these funds beat the underlying index blows my mind. I have started to build positions in QQQ, SPY, and IWM, if I'm going to hold the CC fund, I had better have faith in the underlying.
Nice job on these CC ETF reviews! It's scary how much I agree with you on the rankings. I spend a lot of time looking for tax treatment info when evaluating these so I look forward to your summary on that, thanks!
I was writing my own covered calls until I found QYLD. I now own QYLD and JEPQ. I love these covered call trading strategies. I am considering adding GPIQ to my portfolio. Your video was very helpful.
Another great video Dave! Surprised that you even included QDVO considering how new it is (and gave it the highest rating no less). Also, I think depending on when you got into FEPI, you might rate it higher. Very consistent dividends with tax advantaged status. Anyway, enjoyed it! Happy holidays!
Thanks for the info! We like your apples. Merry Christmas and all the best to you and your family. Maybe Santa will bring you another set of tickets to Sedona!
Thanks Dave for this synopsis. Up until now all of my covered calls ETFs are held in retirement accounts. I am very curious about what it is you discover about the tax implications of some of these funds you are reviewing in a taxable account.
Awesome video - such great info! Can you add your thoughts on which and if you would use these funds to replace your paycheck? Specifically if you think they are viable over the long term etc
If the end goal is income, isn’t it better if the stock price doesn’t increase too much? I prefer to keep shares forever, so buying an ETF like FEPI, where the price is fairly stable, and the distribution is stable, allows my shares to compound faster if I’m reinvesting. Hopefully I’m looking at this correctly?
Excellent reference I appreciate it. Since in my experience most everything except going short works in a bull market it will be interesting to see what they do if 2025 gets a negative bias.
I know because of two years of 1099 from my taxable brokerage account JEPQ does distribute qualified dividends on the stock holdings not as high as JEPI. Both have qualified dividends only the call option premiums are not qualified.
I have a margin account with Schwab and noticed the buying power reduction is different with some of these. I was surprised that GPIQ (X) and TSPY are 1:1 but the NEOS and JPM products use less buying power. Something to consider if you like to sell Puts maybe.
Own jepq, fepi, qqqi, jepi, will look into gpiq, advocate. Own qqqm for growth and a bit of divs quarterly. Own qdte in the past not anymore. Building up qdte, fepi, aipi.
MSTR is now a component of the Nasdaq 100, so QQQ will be buying along with all similar ETFs. So it’s not a radical position anymore. Millions of investors will now be holding Bitcoin in passive accounts, for better or worse!
I've been an investor for most of my life and I still can't understand the point of owning a fund and not just look at total return. What is the point of having high yield and high erosion of NAV? Some funds are really worthless. 50% dividend yield and 60% NAV erosion gives you a negative number, but I still see people celebrating their high yield distribution. It doesn't make sense. Most of the times I feel that people don't get the reason of having CC ETFs. I spent the last two years reading of people complaining about JEPI non going up in price and having lower distributions. READ THE FREAKING FINE PRINT. JEPI lowers volatility. and in a bull market lower volatility means lower distributions. Hence in bull market JEPI yield will be 6% ish and in bear market it will raise to 10-12%. Portfolio's should be build with logic and strategically
The use case is retirement portfolio aiming to die with zero. Live it up with high yield during golden years and leave nothing in taxable account for IRS/CRA.
@@MrEdsam Sideways or even down market and lower vol is my primary use case. I don't want to see 50% swings in QQQ during retirement. The yield is psychological and emotional (not logical) to match the paycheck that is not longer coming in vs having to sell shares. Remove decision fatigue, you tend to make mistakes when you are nervous after big drops, this is more "automatic" with the distributions. Set it to sweep the dividends to your spending account, and you are good to go.
I think the invention of covered calls EFTs is a brilliant idea. Not all of them deplete NAV ( JEPI , JEPQ do not ) They never bit the underlying index but they serve the purpose. Its all depends on the stage of the life, and an amount of portfolio you have. Let’s say you are 67 going on retirement/ passive income and have 2-3 mil portfolio. The life horizon is 20-30 years. The choices are to sell 4% every year or convert from growth to dividends. Selling 4% when everything went down 20-30 % ( not forever ) but you need the money now. It is a very hard decision. Versus , convert into “reliable” covered calls ETFs and have 6-8 % annual dividends + portfolio annual growth to 4-6 %. to bit an inflation. I prefer to park the money in ETFs and live on dividends ( almost 😂) stress free.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Love and hold JEPQ, QQQI, QDTE. Thanks for the videos and Happy Holidays!
Dave, thanks for the ideas from this video covered calls QQQ. Keep up the good work, Merry Christmas.
I appreciate you posting content that I can use. Its very helpful, and the fact that almost none of these funds beat the underlying index blows my mind. I have started to build positions in QQQ, SPY, and IWM, if I'm going to hold the CC fund, I had better have faith in the underlying.
very comprehensive.. I like that and so appreciative. 🎉
Nice job on these CC ETF reviews! It's scary how much I agree with you on the rankings. I spend a lot of time looking for tax treatment info when evaluating these so I look forward to your summary on that, thanks!
I was writing my own covered calls until I found QYLD.
I now own QYLD and JEPQ. I love these covered call trading strategies.
I am considering adding GPIQ to my portfolio.
Your video was very helpful.
Thanks Dave,good information as always.
Another great video Dave! Surprised that you even included QDVO considering how new it is (and gave it the highest rating no less). Also, I think depending on when you got into FEPI, you might rate it higher. Very consistent dividends with tax advantaged status. Anyway, enjoyed it! Happy holidays!
Thanks for the info. Just thought I'd put in a word for AIPI from Rex. Merry Christmas!
Thanks for the info, happy holidays!
Dave, Great video, and fantastic content. Thank you so much.
Thanks for the info! We like your apples. Merry Christmas and all the best to you and your family. Maybe Santa will bring you another set of tickets to Sedona!
Appreciate your contributions, Dave. Thanks for the video. Wishing you and your family a healthy and prosperous 2025!
Thanks Dave for this synopsis. Up until now all of my covered calls ETFs are held in retirement accounts. I am very curious about what it is you discover about the tax implications of some of these funds you are reviewing in a taxable account.
Awesome video - such great info!
Can you add your thoughts on which and if you would use these funds to replace your paycheck? Specifically if you think they are viable over the long term etc
If the end goal is income, isn’t it better if the stock price doesn’t increase too much? I prefer to keep shares forever, so buying an ETF like FEPI, where the price is fairly stable, and the distribution is stable, allows my shares to compound faster if I’m reinvesting. Hopefully I’m looking at this correctly?
Excellent reference I appreciate it. Since in my experience most everything except going short works in a bull market it will be interesting to see what they do if 2025 gets a negative bias.
I know because of two years of 1099 from my taxable brokerage account JEPQ does distribute qualified dividends on the stock holdings not as high as JEPI. Both have qualified dividends only the call option premiums are not qualified.
I have a margin account with Schwab and noticed the buying power reduction is different with some of these. I was surprised that GPIQ (X) and TSPY are 1:1 but the NEOS and JPM products use less buying power. Something to consider if you like to sell Puts maybe.
Own jepq, fepi, qqqi, jepi, will look into gpiq, advocate. Own qqqm for growth and a bit of divs quarterly.
Own qdte in the past not anymore.
Building up qdte, fepi, aipi.
"Own qdte in the past not anymore.
Building up qdte..."
????
Nice thank you 🙏🙏🙏❤❤❤
Like your apples
MSTR is now a component of the Nasdaq 100, so QQQ will be buying along with all similar ETFs. So it’s not a radical position anymore. Millions of investors will now be holding Bitcoin in passive accounts, for better or worse!
your taxes column really needs to address return of capital or not ----
SPYI and QQQI are ROC, which makes them good for high income earners in taxable that expect lower income in retirement.
BALI I cannot find option for this in Schwab account
JEPQ is the best for me, performs better than anything else I have
I recently dumped my fepi and kept Aipi , total return was much lower compared to my other tech ETF’s I noticed
AIPI
IQQQ is another one
I've been an investor for most of my life and I still can't understand the point of owning a fund and not just look at total return. What is the point of having high yield and high erosion of NAV? Some funds are really worthless. 50% dividend yield and 60% NAV erosion gives you a negative number, but I still see people celebrating their high yield distribution. It doesn't make sense. Most of the times I feel that people don't get the reason of having CC ETFs. I spent the last two years reading of people complaining about JEPI non going up in price and having lower distributions. READ THE FREAKING FINE PRINT. JEPI lowers volatility. and in a bull market lower volatility means lower distributions. Hence in bull market JEPI yield will be 6% ish and in bear market it will raise to 10-12%. Portfolio's should be build with logic and strategically
Nail meet head.
The use case is retirement portfolio aiming to die with zero. Live it up with high yield during golden years and leave nothing in taxable account for IRS/CRA.
@MrEdsam Exactly. It's useful just for that reason
@@MrEdsam Sideways or even down market and lower vol is my primary use case. I don't want to see 50% swings in QQQ during retirement. The yield is psychological and emotional (not logical) to match the paycheck that is not longer coming in vs having to sell shares. Remove decision fatigue, you tend to make mistakes when you are nervous after big drops, this is more "automatic" with the distributions. Set it to sweep the dividends to your spending account, and you are good to go.
I think the invention of covered calls EFTs is a brilliant idea. Not all of them deplete NAV ( JEPI , JEPQ do not ) They never bit the underlying index but they serve the purpose. Its all depends on the stage of the life, and an amount of portfolio you have. Let’s say you are 67 going on retirement/ passive income and have 2-3 mil portfolio. The life horizon is 20-30 years. The choices are to sell 4% every year or convert from growth to dividends. Selling 4% when everything went down 20-30 % ( not forever ) but you need the money now. It is a very hard decision. Versus , convert into “reliable” covered calls ETFs and have 6-8 % annual dividends + portfolio annual growth to 4-6 %. to bit an inflation. I prefer to park the money in ETFs and live on dividends ( almost 😂) stress free.
Solid video
Smart Investing Made Simple: Bitcoin as a Key to Retirement Planning🇺🇲
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@JayFlock-pu7tiExactly, that's why I always rely on Mr. J. Clark's guidance in everything I do.
@@JayFlock-pu7tiExactly, that's why I always rely on Mr. J. Clark's guidance in everything I do.
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
Do you not believe in Dividend Irrelevance?
No doc to download ?? next time dislike and unsubscribe. Cant have jokers influencing my money.
Wow this is an incredibly snarky and entitled comment. This dude owes you nothing, ass.
Qdte Rdte Xdte, funds my VTI in my roth ira ...has worked great in 24'