SPYI - Best Monthly Dividend ETF?

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  • Опубликовано: 11 ноя 2024

Комментарии • 37

  • @michaelbacile8439
    @michaelbacile8439 Месяц назад +2

    I’d be happy if they had a 7.5-9% yeild to be honest and held a small Div appreciation over time. It’s pretty young so we’ll see. I’m heavy on SPYI at the moment

  • @sdrs95a
    @sdrs95a 8 месяцев назад +8

    Excellent video! SPYI is one of my largest holdings, I love the high Dividends, plus a small Cap Gains. At Distributions of 12% from my rollover IRA, I just need the principle to stay level, keeps sending me cash. Important to note NEOS just launched 1/30/24 QQQI the same strategy but for the NASDAQ 100. I will add this soon to my JEPQ to diversify my risk among NASDAQ 100 covered calls.
    How about a video on SVOL? Great yield with fairly stable principle, perfect for retirees needing income but protecting principle.

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад +1

      Glad to hear its working toward your financial goals! Once QQQI has some more history to it, I will likely make a video. I have a made a video about SVOL in the past, but may be time to do an update video!

    • @KingPriyom
      @KingPriyom 8 месяцев назад

      would you dump a million in spyi?

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад

      I wish I had a million to dump into SPYI but I like being as diversified as possible@@KingPriyom

    • @KingPriyom
      @KingPriyom 8 месяцев назад

      so if it's safe, you wanna diversify out of earning over 100k/yr doing nothing? when you do have that million that is ;)@@citizenoftheyearCC

  • @Seoulsearch616
    @Seoulsearch616 8 месяцев назад +2

    Thanks for the update! Congrats on getting a sponsor! 🥳

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад +4

      Thank you means a lot! I've had a lot of sketchy companies reach out but said no to. I wanted to make sure the product was something I thought was useful and legit.

    • @Seoulsearch616
      @Seoulsearch616 8 месяцев назад

      @@citizenoftheyearCC We'll be watching for when you start pushing "Citizen Coins." 😁🚀

  • @citizenoftheyearCC
    @citizenoftheyearCC  8 месяцев назад +2

    What do you think about SPYI?
    Join the Dividend Discord and talk to other investors: discord.gg/AasPBy3Kky

  • @rickwalker5203
    @rickwalker5203 8 месяцев назад +2

    Love it! Also have JEPY and JEPQ.

    • @sdrs95a
      @sdrs95a 8 месяцев назад

      JEPY & QQQY are on my Watch List but so far both have lost principle/NAV likely due to the excessive yield payout percent. JEPY & QQQY are not making enough to cover the very high payouts, this is not sustainable.

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад +3

      Thanks for stopping by! I like the track record of JEPQ so far, but I agree I have yet to see the sustainability of JEPY and QQQY under their current strategy.

  • @roncraft2042
    @roncraft2042 8 месяцев назад

    FYI … NEOS is the trader for the new KURV funds, which should also preserve share price.

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад

      Good catch they are- they may be on the channel soon, keep any eye out ;)

  • @michaelnorth1762
    @michaelnorth1762 7 месяцев назад +2

    How is the fund expense 0.68 handled? I’m not familiar with these. Is it factored into the yield or charged to your account monthly?

    • @citizenoftheyearCC
      @citizenoftheyearCC  7 месяцев назад

      They take a portion right off the top when you invest, so some of that money goes toward their expenses instead of the actual investment.

    • @patstar5
      @patstar5 7 месяцев назад +1

      That’s what I want to know.

    • @citizenoftheyearCC
      @citizenoftheyearCC  7 месяцев назад

      @@patstar5 Now you know!

  • @joy2come119
    @joy2come119 7 месяцев назад

    Im learning more about dividends investing and I wonder why I'm just hearing about spyi. Seems like most RUclips content is geared towards schd or jepi/jepq lately

    • @citizenoftheyearCC
      @citizenoftheyearCC  7 месяцев назад +1

      It is a newer fund, I say with a more proven track record you will see more videos come out.

  • @ramonew6432
    @ramonew6432 8 месяцев назад +1

    I'm interested in buying but had a quick question. SPYI is a covered call option. I like being a passive investor and letting the fund work for itself, while still making me $$. Do I need to actively trade/buy/sell this ETF to make money, or do the fund managers do all the work for me??

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад +3

      My brother that expense ratio we pay means the fund manager does all the work for us!

    • @ramonew6432
      @ramonew6432 8 месяцев назад

      @@citizenoftheyearCC thank you for the prompt response! You just earned yourself another subscriber! 💪🏾❤️

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад +1

      Appreciate it - I make videos like this all the time. Let's grow this wealth together. Talk to you in the comments again!@@ramonew6432

  • @CalmerThanYouAre1
    @CalmerThanYouAre1 8 месяцев назад

    I like SPYI, but BALI is looking like the better fund. Same general strategy, but better total return since inception and a lower expense ratio. Also a BlackRock fund, so coming from one of the largest institutions in the game. I like BALI much more than JEPI.
    Will be interesting to see what NEOS does with QQQI. There are two new Goldman Sachs funds following a similar strategy as well. We’ll see how they all perform as the year rolls on. So far, BALI is way ahead.

    • @citizenoftheyearCC
      @citizenoftheyearCC  8 месяцев назад

      I’ll have to take a closer look at it, I know Blackrock is notorious for somehow getting more tax efficient distributions. Yea I made videos on the Goldman Sachs ones already I’ll have to start on this BALI one!

  • @rexrandall33
    @rexrandall33 8 месяцев назад

    Nice video Cody

  • @mjsmcd
    @mjsmcd 7 месяцев назад

    Dont use elns?

    • @citizenoftheyearCC
      @citizenoftheyearCC  7 месяцев назад +1

      I don't believe SPYI uses ELNs like JEPI.

    • @mjsmcd
      @mjsmcd 7 месяцев назад

      @@citizenoftheyearCC thankyou

    • @mjsmcd
      @mjsmcd 7 месяцев назад

      @@citizenoftheyearCC cuz they but actual s and p equities?

  • @justinjones3326
    @justinjones3326 8 месяцев назад

    12% 👌

  • @benjaminghiglione9876
    @benjaminghiglione9876 8 месяцев назад

    Hello 🎉