It's interesting to experiment with different combinations of covered call ETF's & other dividend ETF's. I am experimenting with how to allocate a portfolio for the new year with JEPI, JEPQ, DGRW, SCHD & SPYI. I am also thinking about throwing in some SVOL. It's just a bit tricky to determine percentages because I don't want to sacrifice growth just for income.
I understand and growth needs to be a part of it for me. I look at it as an individual bucket in my portfolio but still want overall growth with some income.
Great video as always. With the pivot on the horizon, I think it's as good a time as ever to start rotating into plays such as this. I personally am bullish on the utilities sector for the next year or two and see the overall market trading sideways more or less. I always recommend your channel when the opportunity exists!
You would need a lot of capital for this to make a difference. I prefer the Yieldmax and Defiance ETFs for the title "High Yield." Yes there's nav erosion but you end up in the green with reinvestment.
Hi. If you are reinvesting anyway, why does the yield matter? I know 8% is not comparable to what those others advertise but in the end, it boils down to total return.
@@dogelife7901 also something holding the underlying asset doesn't get you is that with the defiance/YM funds you end up getting your principle back in 1.5-2 years through the divs without having to sell the ETF.
MAXI is a lesser known ETF from Simplify that has performed well this year. CONY and SQY are some newer ETFs from Yieldmax that have performed well this year.
My income soup bowl has thickened from a thin broth to a hearty chowdah' thanks to your evaluations. Would love to see a portfolio reveal soon to compare notes.
I start to worry that covered call ETFs are reaching a "jump the shark" moment. Every day there's another new one. When everyone and their brother has a covered call ETF, won't the options premiums necessarily go down overall, because everyone is pursuing the same strategy? With so many more calls being sold, one would think the price buyers will have to pay for the calls will go down, thereby lowering the income from selling the call.
Enjoy your videos. For these type of funds that are selling upside calls, but not on the actual underlying equities, can’t you lose both ways in that if the market goes up, you can lose on the call options, but if the equity is not being called away at a higher price and then goes down. You can lose on your equity as well? Also, have you taken a look at poct yet? Would love to hear your opinion on it.
Hi. You can have a situation with this one where the Russell 1000 is not performing well but the S&P is rising. If the calls are against the SPY (as they are currently) you would take a double L. However, it would also allow for a double win. I have not looked at POCT but will pull it up. Thanks!
Try 4 roses bourbon whiskey with add touch of Wild Turkey American Honey to taste and a splash of water. Both are 40% and they are a good starting point when blended together.
"Hiatus", as in from the GR-07/08 ? Ok so moving on. It's been something of a mystery to me why none of offerings of recent options funds haven't targeted the Russell 1000. I grew a large share of the money I have working for me in a Russell 1000 growth fund in my working years. 8%. I can remember when that was a Good Dividend. It doesn't seem like that long ago. Recently, 8% is approaching ho-hum status. (Can you say TLTW and 18%). But I do hear Sincerity in your voice. We think alike. I will put it on a watch list. I would like an Income vehicle in the R-1000 space. Diversification is Good.
What’s your take on emerging market bond funds like MSD? Stumbled on this and was blown away by the yields on some of these funds. Nav looks like any other high yield but the 10yr total return looks nice.
Weaker total return performance when compared to BALI, XDTE, ISPY, SPYI and SPYT (I own all of these). If you want diversification, RDTE, ITWO might be better since they're small cap based CC ETFs. Hard pass on PAPI.
Hi. True but if rates are coming down perhaps it would be better to be selling puts on TLT vs selling calls and limiting the upside. I wish they had flexibility with TLTW.
that was best of us investors. kerry use to have some interesting content, not so much anymore, but in a couple of videos he did talk about pappy van winkle. it was interesting
@@wealthadventures nice I spent a lot of my childhood visiting family they used to live in Hilliard. Now they live in Marysville a little more calm lol Columbus is a booming city that's for sure.
PAPI, oh my PAPI ! I walked a million miles for one of your smiles.......oh, hang on a minute......thats MAMMY , oh hang on a minute....that is probably politically incorrect these days ! lol (Ok, I'll let myself out). ....
Looks like the first distribution was all income, but maybe they do not have cap gains or other ways to classify the distributions yet. @@wealthadventures
