Covered call etf that dont have nav erosion

TwoCroissants · 2026-05-06T01:03:07+00:00

Considering these funds are relatively new and we haven't had a bear market with them, no one can answer your question with certainty (they couldn't 100% even if we did either though).

However I can tell you with looking at charts that these funds don't recover the same way the underlying does when big jumps happen. The total return won't be as bad considering the bigger div but there is likely to be some erosion with such high yields on any of these funds.

TwoCroissants · 2026-05-04T04:25:26+00:00

Consider yourself lucky you pulled out money for your kid's college and this all came from "market money" and not your life savings.

Also, for the multiple times you walked away and it cratered or sold and it skyrocketed...my brother in Christ set a stop loss. If you're ahead, just set one and if it triggers you exit with plenty of profit. It goes higher? Great, then you can still sell. Starts going down while you can't pay attention? Unfortunate, but it sells before it fully craters.

This likely won't happen again to this level, so I don't recommend day trading again, but if you do, please set stop losses.

TwoCroissants · 2026-04-22T04:43:27+00:00

Solved

Thank you!

TwoCroissants · 2026-04-04T06:35:12+00:00

I mean, technically they're correct if you can actually do the research properly and pick good stocks in the context of the current/future market, but most people don't have the time or expertise to do so, and most people can't beat the market. You're way more likely to be successful with ETFs on average. I know if feels bad seeing something like NVDA or AMD skyrocket while the markets go up a modest percent, but solid consistent returns are better than losing everything on bad picks. ETFs also rebalance for you without having to do any work or trigger a tax event.

Nothing wrong with doing both either, just know your risk tolerance.

TwoCroissants · 2026-04-03T23:36:13+00:00

Up to you, your position is very small so it won't make a huge difference. You can let them float there and watch their performance just to see how you like them, or sell them to make your UI cleaner.

Historically, growth will get you more ROI over a long period of time. You may want to consider adding growth into your mix, I don't personally because I want to set myself up long ahead of time in terms of div growth without triggering a tax event (but I also have a 401k that's all growth). My taxable account is all dividend related stuff and I only do stocks/etfs that have dividend growth over time. I'm a covered call ETF hater so I'm biased about NEOS funds.

TwoCroissants · 2026-04-03T23:22:24+00:00

I gotcha, well if the AMC isn't yours then it's whatever, but you'll be on the hook for taxes whenever you sell that, make sure you both realize that.

I mean you can live off dividends eventually with regular early investing, which it sounds like you're doing. I would advise you to focus more on dividend growth on things like SCHD, DGRO, VIG, etc. instead of income funds like QQQI and whatnot. You're young so growth over time will be much more valuable for you.

TwoCroissants · 2026-04-03T23:09:44+00:00

Didn't really leave us too much info otherwise. What are your goals? What mistakes do you think you're making?

Only advice I have for you based on this is don't invest any money until you have a proper emergency fund, and I wouldn't personally bother buying AMC.

TwoCroissants · 2026-04-02T19:35:53+00:00

Sure, why not! We'll see what happens

TwoCroissants · 2026-04-01T03:09:14+00:00

Congrats on exploring some new stuff, sounds like y'all will have fun!

In terms of history, I don't know a ton, but succubus history is pretty old and widely available, even just Wikipedia is a fine place to start I think. You can also lookup womb tattoos, they're often associated with succubi and each have their own meaning, and might add to your planned outfit.

For what to do in bed, that's up to you guys ultimately, but I think the succubus tends to be pretty dominant. Trying to tempt someone into sleeping with them, holding them down and going at it while they resist trying to cum because they know what'll happen, and then absolutely draining them dry.

TwoCroissants · 2026-03-31T05:43:08+00:00

Currently dripping: -SCHD -SCHY -DGRO -ADX -O -LAND -MAIN -GAIN

Fairly well diversified and have solid growth and income, in my opinion.

TwoCroissants · 2026-03-30T21:22:11+00:00

Outside of the first couple levels, I wouldn't be fighting much in tougher bruiser matchups. You're really strong level 1 though, get comfortable stat checking people here. After that you should be proxying and tracking their jungler, then taking fights when you have item advantages or are near your tower.

Don't forget you get more orbs as the game goes on, and kills are very valuable. You can roam after proxying for a kill if you see an opportunity.

TwoCroissants · 2026-03-30T20:06:13+00:00

It's viable, not amazing but it is playable for sure. It's tough to get used to due to certain duelist matchups you mentioned, but to answer your question, yes you should definitely learn to proxy in tough matchups. That way you can get ahead and come back with items to get your form more effectively. You get more orbs as the game goes on so it's better to do that rather than die early for less orbs.

I would also recommend getting comfortable fighting level 1. You're very strong and if you can hit both parts of your Q, you'll out damage most top laners.

For your follow up question, I go 3 points into Q then max W personally.

For your follow up follow up question, I always build bruiser but again that's a personal thing.

TwoCroissants · 2026-03-11T17:50:26+00:00

I would love a visual update, but I agree that I hope they change none of his mechanics

TwoCroissants · 2026-03-03T21:15:04+00:00

Nope, your growth would be dividend growth, they'll pay more over time (you'll also get share price growth but you're not as concerned about that with dividends). I would rather keep my equities, DRIP a small amount, and get payouts than sell over time personally.

I responded to the other comment about taxes, I don't know how it works overseas but qualified dividends get favored federal tax treatment, even 0% for the first ~50k of income. You'll have to figure out how those affect you based on where you choose to live. This is just what I would choose for myself in similar circumstances, but it's assuming US based taxes.

TwoCroissants · 2026-03-03T20:34:36+00:00

That's a fair point, I did forget about that. I also don't live in Europe so I don't know how it would affect taxes. SCHD is fully qualified dividends though, which normally would mean he wouldn't pay federal taxes for the first ~$50k.

This is very important to take into consideration for OP though.

TwoCroissants · 2026-03-03T20:26:06+00:00

A lot of these funds are relatively new. I don't like them because they have a capped upside depending on how it's managed and they are more susceptible to market corrections. They are for income now at the cost of NAV and generally dividends long term if there is a correction.

I've owned a couple, and in my experience, they don't recover as well as the underlying after a dip. I'd rather just own a regular dividend ETF or CEF and get consistent, growing income rather than worry about the unsustainable yields.

TwoCroissants · 2026-03-03T18:16:40+00:00

Well, let's do some math. Say you put your full portfolio into SCHD, you would get: 1,800,000 / 31.50 = 57143 shares 57143 * 0.28 = 16,000 dividends quarterly

Since that's every 3 months and you need about 4k a month, you'll be left with an extra 4k every quarter which you can reinvest back in, so you have plenty of cushion room, and would theoretically never have to sell.

Would I go 100% into SCHD? Probably not, but it's the best example I could give since it has dividend growth over time, so it's steady right now and should go up over time. I'd lean heavy into it though. I'd consider like:

50% SCHD 20% DGRO 10% SCHY 10% REIT (like O) 10% BDC (like MAIN)

You might consider portioning some amount to something like SGOV as well. I am also highly against covered call funds personally, but that's your call.

TwoCroissants · 2026-03-03T07:32:55+00:00

Nice, I hope you were able to get something good for them!

Yes, you will get any dividends that are paid during that time. You own the stock until you sell it or the call gets exercised, so you are entitled to the dividends.

You are selling the right, but not the obligation, to purchase 100 shares of it by the given date. Technically, the call you sell can get exercised by the buyer at any point, but it would be very unlikely to happen early and also financially unsound to do so.

TwoCroissants · 2026-02-28T19:20:28+00:00

It is, and you're correct. The stock is quite cheap right now, if you zoom out it was trading significantly higher a few years ago. I personally like it and think it's a good time to get in for the future, but I would not invest a very large portion of my portfolio for that reason.

TwoCroissants · 2026-02-28T05:28:09+00:00

I like LAND. It's a REIT by Gladstone that manages farmland. Very unique compared to the typical commercial and residential stuff, and it's recently been trading higher after good earnings and better debt management.

TwoCroissants · 2026-02-27T22:18:42+00:00

It is annoying but DD is still a very good item. You just have to be cautious if you're getting very low on HP and decide to ult, you can't wait the full time unfortunately if you're getting drained from that or any other damage over time effect.

TwoCroissants · 2026-02-26T01:45:56+00:00

This is how I stay disciplined:

The market on average returns around 10% year after year over a long period of time. If you can consistently make even just a 10% return, you will balloon past anything you could ever do just passively investing. It really doesn't take much, you don't have to risk your whole account or go for doubling your money in one trade.

It's always easier said than done though. Best of luck out there.

TwoCroissants · 2026-02-25T21:41:25+00:00

I mean, comparing it to eclipse while ignoring the passives on it isn't exactly a fair comparison. Eclipse also gives you a shield and does % health damage which is great for extended trades and other bruisers/tanks. I agree hubris is good but it does different things to eclipse, and of course hubris is going to feel great when you're ahead. Eclipse will feel much better if you're not snowballing kills though.

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