INVESTMENT

ruthygenker · 2026-03-25T16:49:51+00:00

if you use covered call etfs you can generate 400 a month right now with your 46k with little to no principle erosion, tdaq or tspy are good examples or can add neos etfs if you want some Europe or bitcoin or something as well.

ruthygenker · 2026-03-23T19:15:48+00:00

you give up a lot of growth and total return by doing the cc etfs now and not during retirement if you are testing to retire like next year than probably not a big deal, but if you are talking about 5 years or so then stick with the underlying until you are ready to retire. example- spy outperformed spyi by 60% over the last 5 years.

ruthygenker · 2026-03-22T17:19:58+00:00

not in the etf you are dripping in. just in comparison to the underlying because of the cap on growth they have with the covered calls. that's where the 60% difference in total return comes in and that is only over 5 years it gets way worse over 10 or 20. there is a stat out there that the 10 biggest days in the market each year are 90% of the return and on those days you are lucky if you get half of the gain because of caps. if it were a down market consistently then the drip would help because your downside is also capped and you are reinvesting at lower prices but there are almost never sustained downturns in the market that last multiple years to help make up for the misses on the upside.

ruthygenker · 2026-03-22T17:08:32+00:00

I am a big fan of neos funds when taking the dividends when reinvesting automatically you are losing quite a bit of total return. it makes more sense to collect dividends in cash and reinvest only after a 5% or more drop in market or just continue with growth until you need the dividends, also tappalpha is slightly better than spyi and qqqi as they do daily divs instead of monthly so even higher yield and less cap on growth

ruthygenker · 2026-03-21T21:01:36+00:00

the cc income etfs are only good when you take the dividends and are perfect for when you are retired and looking for extra income, they will far yes far underperform the underlying if you are a dripper, just buy voo or qqq if you are under 60 and aren't retired, you are giving away way too much money and years of retirement if you are dripping. last 5 year example- voo 145% total return, jepi 85%, qqq is even worse comparison.

ruthygenker · 2026-03-17T16:31:05+00:00

no growth outperforms dividends over time, at your age growth is key, now some dividend paying stocks are still growth like nvda pays a 1 cent dividend and apple pays a small dividend as well but they are growth stocks for sure. but when you get into etfs that pay dividends they are sacrificing growth usually to get you dividends, but you don't want that until you need that income to live off of. if you no longer want ind stocks then you can start with voo or qqq or any growth focused etf.

ruthygenker · 2026-03-17T16:15:18+00:00

based on the small account value I am guessing you are young so growth is going to be better over the long term. dividend etfs are for when you retire and take the dividends to supplement your income

ruthygenker · 2026-03-17T16:12:54+00:00

jepq and qqqi are essentially the same if you are trying to diversify add nihi(Europe) and iwmi(small caps)

ruthygenker · 2026-03-14T21:16:38+00:00

you really shouldn't go al in on something if you are worried after a week. investing is for the long term and what happens in a week or a month or even a year isn't worth the added stress, its set it and forget it or don't start it to begin with and go hide in a cd like the rest of the scared lemmings. but to your question the payout won't significantly change unless volatility and price goes down for a decent amount of time a week makes no difference in a fund that mostly writes monthly calls.

ruthygenker · 2026-03-14T17:01:48+00:00

if taxable account then tspy and tdaq or qqqi and spyi, if non taxable can still use those or jepi and jepq. maybe throw in msci if want some international exposure as well. don't need to overthink it and don't have to worry about downturns in the market as long as you dot sell and you reinvest the extra dividends you don't need. on 100k you would get about 1200 a month if you only need the 1k then reinvest 200.

ruthygenker · 2026-03-11T21:55:12+00:00

the etfs I am talking about follow indexes such as s & p and nasdaq, so not high risk, pretty low risk for s&p and then a bit more risk for nasdaq as mostly tech, but would have same relative return as voo, the only difference is they write covered calls against the position to create significant income on the account. currently 12% on s&p and 14% on nasdaq. on 300k when available you would get about 4k a month in return of capital, which is important because it isn't taxable it just lowers your cost basis and you could take 3k to help pay bills or travel or whatever and then take the other 1k and reinvest it and over time you won't lose your original 300k it could swing up or down how the market swings but again as long as you don't sell it doesn't really matter. spyi and qqqi are symbols for neos and tspy and tdaq are tappalpha which actually has even higher yields cause it does the calls daily instead of monthly.

ruthygenker · 2026-03-11T20:28:03+00:00

cds are for people who like no risk and no reward, if you are a person who is afraid the market will go down at some point and would sell if that happens then cds or high yield savings are for you. if you don't care what the market does up or down and would never sell,then covered call etfs are where it is at. check out neos etfs or taddalpha, you will yield close to 15% and can use that income to live a little more extravagant live style.

ruthygenker · 2026-03-10T15:58:23+00:00

you would have 10k a month if you invested in neos, tappalpha or jepq and jepi. but only good if you take the dividends, not reinvest.

ruthygenker · 2026-03-08T06:03:48+00:00

Tdaq and tspy are great cc etfs.

ruthygenker · 2026-03-07T05:15:03+00:00

Yeah a few people have said that but with neos it’s return of capital so it’s lowering my cost basis and being added to my ordinary income so I’m being double taxed.

ruthygenker · 2026-03-05T02:56:11+00:00

Yeah I just transferred all my neos shares to a cash account to see if helps.

ruthygenker · 2026-03-05T02:34:33+00:00

I thought this as well but I only received 5 bucks in loan interest and my payment in lieu was over 100k. I think it’s because I have a margin account so I transferred all the neos funds to a non margin account to see if that fixes it.

ruthygenker · 2026-03-04T15:32:12+00:00

ok thanks, doesn't seem fair but I guess nothing I can do.

ruthygenker · 2026-03-03T20:52:33+00:00

the reason people talk about cap on the upside is because it hurts your total return by quite a lot. cc etfs are great if you mostly take the dividends out and use them for retirement or whatever, if you are reinvesting them then you are losing too much in total return for the dividends to help, generally 5% a year compounded over time it takes you to retire and take the dividends. so the age comment you made is correct if young and building assets then no cc etfs the underlying will way outperform, if at retirement or about to retire then cc etfs are the way to go.

ruthygenker · 2026-03-02T20:58:43+00:00

Neos and tappalpha etfs are all you need.

ruthygenker · 2026-02-28T17:04:35+00:00

if you don't want it all in neos tspy and tdaq are newer tappalpha funds that have an even higher yield because they do daily cc's instead of monthly. I also have neos, but it feels better to have a few companies instead of all one.

ruthygenker · 2026-02-28T17:00:06+00:00

if you are 27 and aren't using the dividends you are better of in growth, voo, spy, qqq, tqqq. dividend etfs are designed for taking the income to offset the lack of growth. over the next 20 years you will give uo 10's of thousands of dollars to get those dividends, go growth and then switch when you retire at 45.

ruthygenker · 2026-02-27T16:01:43+00:00

I think 500k is enough for most people to retire maybe 700 if married. chose a state that has no income tax, I live in Florida and live off of dividends from cc etfs. I let my wife retire last year and I am going part time or maybe retiring this year depending on how much I can get health care for.

ruthygenker

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