Another great video. All the funds on my radar are new. RSPA, MDST, & BTCI. All are very young and very different from each other, which is great for diversification sake. I tread lightly with new funds, but am definitely interested in these three.
09:00am Armchair Income video is released. 09:01am I sing out loud "armchair income, It's my hustle :)" 09:11am Video ends. ... ... ... 11:32pm Lying in bed I sing out loud "armchair income, it's my hustle :)"
Thanks, Armchair. Good video. Owner of XDTE as my favorite S&P 500 covered call fund. The uncovered overnight aspect has some strong historical performance arguments. I like FEPI and YMAG (and YMAX) in same category as AIPI.
Good video. My suggestion is to add this fact about covered call ETFs. If the market goes down, these funds will go down with them, almost with the near same rate. But, when the market bounces, these funds will not bounce with the same rate. They might fall way behind.
The downside of XDTE, QDTE, and RDTE is they own/buy Long Term Options (LEAPS) as the principal. I prefer SPYT, QQQT, FEPI and IWMW because they actually own shares as the principle. A drop in the markets (15+%) will be true litmus test for all of the new Covered Calls funds. With that said, I do own QDTE (2% of the portfolio) and enjoy seeing weekly dividends. Will start a position (one percent) in AIPI after watching this video. Thanks for all of your work and information.
As always, I appreciate the well-researched, well-presented videos you produce. I'm holding AIPI now, recently increased my position, and will likely increase again in the future -- plus compounding. It's been a solid performer, outpacing it's older brother FEPI, at least in my portfolio. XDTE is the oldest and tamest of the Roundhill 0DTE funds. It, too, has been a solid performer for me thus far. Weekly distributions are a plus, especially from the perspective of more regular compounding and less "idle" capital. I'm going to keep my eye on MSD and see how it compares to GIAX for diversification, international exposure, and performance. PSAX is interesting, too. I already have two PIMCO funds with differing yield and risk exposure, but I'm going to evaluate if it is a candidate to replace one of them.
Thanks. As always...good info. AIPI is 3.8% of my portfolio. Betting US' new DOGE will heavily use IA (via PLTR and others) to make GOV more efficient. XDTE 2.7%. Will track the others.
Thanks again. I’m actually doing MSTY and NVDY for a while. That’s because I invest in both underlying and so follow those stocks/businesses closely. Otherwise, I so far, stick with NEO and have one KURV. I’m still 95% still an aggressive growth investor. I may follow a couple of the ones you mentioned in this video. Thanks.
what's your opinion on some of the Pacer ETFs, like QDPL (mini SP500) and QSIX (mini NASDAQ)? expense ratios are kind of high at 0.60% though, but the approach seems interesting, where they put like 85ish% towards those indices and then the remainder are used for dividend futures.
MSD caught my attention. Definitely looks like a nice income play and is a good diversifier. However, the valuation looks a bit stretched, so definitely not a buy at this time for me either.
Thanks for the well presented content. I stumbled upon your channel today and I have binge watched all of your videos and downloaded your latest portfolio spreadsheet. With respect, I have a few important questions. First, the individual stock percentage allocations in your spreadsheet are not actually correct. This is because you hold some ETFs that also hold several of the individual stocks you already have in your portfolio. For example, you hold PBDC. It has large holdings of ARCC, BXSL, OBDC and MAIN. You also hold these stocks individually in your portfolio. This increases your net exposure to each these stocks, but that is not properly reflected by the percentage allocations listed in your spreadsheet. Secondly, I have to question why you have even invested in PBDC. You could easily replicate that funds portfolio yourself and not have to pay their management fee. Especially given that you already directly hold many of the stocks that make up their portfolio. Furthermore, holding PBDC adversely effects your monthly liquidity. The above mentioned stocks pay monthly distributions whereas PBDC is quarterly. Finally, there is no mention of a cash holding in your portfolio. Does that mean that you are currently fully invested during the most expensive market of all time? Do you not think it prudent to have some cash sitting in MMKT or TBIL funds to double down on your income stocks when the market corrects. I note that current median yield of your portfolio is 11.32%. You could add some circa 5.5% MMKT or TBIL type investments into your mix, keep some of your powder dry, and still get a total return above your stated 8% target.
Did you see Brad’s conversation with Si on Income Architect yesterday? I’m buying TSPY but nervous if Si ever met the proverbial bus. I’m hoping AI will get Si on here sometime - I think they’d have a great discussion.
Hello, I am new to Income Investing. exploring ideas. Can you please share a Video on how returns/results can vary based on when one buys the CC ETF ? I left emails to NEOS and no one ever responded. There is no schedule on when a fund INITIATES the sale of the Call ..which means if one buys the fund/ETF 20 days later, most of the premium has already eroded. Even worse, if one buys it just a day after the EXDIV date, then your investment is doing for the next month... Very critical if one wants to initiate a large position..May have to DCA and build over time to avoid all this misses. Appreciate your input. Thanks
I am long MCI not disappointed. I looked at MSD but the 2.6% TR over 10yrs made me look elsewhere. I also recently opened a small position in a 0DTE fund on SP500 just to see if those insane yields are too good to be true. They most likely are 😅
NBXG techy fund. 9% yield 13% discount to NAV. With better growth than BST. I'm holding in conjunction my QQQI like I do BALI with my SPYI. Also I sold my SVOL. It hasn't recovered like I wanted to see as the VIX moved lower. Its price action seems off to me. The stock price used to be in the mid/ high 22's now it's the mid/ high 21's. I would re enter if there is a huge spike in the VIX and give it another try.
looking for international high income for diversification. As of now I only hold IDVO, which has been great for the past couple years. I've yet to find another, but just today found SDIV --- anyone have a strong opinion either way on this?? MSD is in today's video and just might work. Thoughts ?
Thanks, Armchair. Good video. Owner of XDTE as my favorite S&P 500 covered call fund. The uncovered overnight aspect has some strong historical performance arguments. I like FEPI and YMAG (and YMAX) in same category as AIPI.
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I look forward to your videos every Sunday morning - thanks Armchair Income!
Once again, the best part of my weekend!!
Sunday’s and armchair income .. life is good ❤
Thanks,, I have AIPI as part of my income portfolio as well.. currently 6th largest income holding.
My favorite channel! I own MSD, PAXS and MCI. MCI is a core holding. Thanks for reminding me of AIPI and XDTE. I’ll be researching them.
Any thoughts on QDTE?
Watching now. Always look forward to the new Sunday content.
Thanks for the analysis. Looking forward to hearing more details.
Im almost certain my next fund will be AIPI. Great video!
Thanks for the ideas!
Another great video. All the funds on my radar are new. RSPA, MDST, & BTCI. All are very young and very different from each other, which is great for diversification sake. I tread lightly with new funds, but am definitely interested in these three.
I hold XTDE and QTDE, both preforming better than I excepted.
T@TJ-Stackin The same since November, so far so good.
09:00am Armchair Income video is released.
09:01am I sing out loud "armchair income, It's my hustle :)"
09:11am Video ends.
...
...
...
11:32pm Lying in bed I sing out loud "armchair income, it's my hustle :)"
Great video, thanks for sharing your knowledge and experience. Learn something new every video
Thanks, Armchair. Good video. Owner of XDTE as my favorite S&P 500 covered call fund. The uncovered overnight aspect has some strong historical performance arguments. I like FEPI and YMAG (and YMAX) in same category as AIPI.
GIAX?
Thank u, great video.
I own and love XDTE & MCI. On my radar is XDTE sister fund QDTE. Adding to: ARDC, GPIQ, CEFS (the ETF basket of Closed End Funds), & PBDC.
Looking into GIAX & ITWO.
GIAX
Thanks! I also recently opened a small position in AIPI and am building.
Good video. My suggestion is to add this fact about covered call ETFs. If the market goes down, these funds will go down with them, almost with the near same rate. But, when the market bounces, these funds will not bounce with the same rate. They might fall way behind.
XDTE doesn't hold its calls overnight. This allows it to capture any overnight moves. A benefit.
Yes AI stated that
The downside of XDTE, QDTE, and RDTE is they own/buy Long Term Options (LEAPS) as the principal. I prefer SPYT, QQQT, FEPI and IWMW because they actually own shares as the principle. A drop in the markets (15+%) will be true litmus test for all of the new Covered Calls funds. With that said, I do own QDTE (2% of the portfolio) and enjoy seeing weekly dividends. Will start a position (one percent) in AIPI after watching this video. Thanks for all of your work and information.
As always, I appreciate the well-researched, well-presented videos you produce.
I'm holding AIPI now, recently increased my position, and will likely increase again in the future -- plus compounding. It's been a solid performer, outpacing it's older brother FEPI, at least in my portfolio.
XDTE is the oldest and tamest of the Roundhill 0DTE funds. It, too, has been a solid performer for me thus far. Weekly distributions are a plus, especially from the perspective of more regular compounding and less "idle" capital.
I'm going to keep my eye on MSD and see how it compares to GIAX for diversification, international exposure, and performance.
PSAX is interesting, too. I already have two PIMCO funds with differing yield and risk exposure, but I'm going to evaluate if it is a candidate to replace one of them.
I really like AIPI, I also hold FEPI. Each only makes up 2.2% of my portfolio.
Thanks. As always...good info. AIPI is 3.8% of my portfolio. Betting US' new DOGE will heavily use IA (via PLTR and others) to make GOV more efficient. XDTE 2.7%. Will track the others.
Where do you get the premium/discount info chart?
Do you have a video only about NAV erosion?
What about a video about rebalancing (if I'm not in a qualified account with tax protections)?
Thanks again. I’m actually doing MSTY and NVDY for a while. That’s because I invest in both underlying and so follow those stocks/businesses closely. Otherwise, I so far, stick with NEO and have one KURV. I’m still 95% still an aggressive growth investor. I may follow a couple of the ones you mentioned in this video. Thanks.
I really like MSD and EDD buying both of them.
what's your opinion on some of the Pacer ETFs, like QDPL (mini SP500) and QSIX (mini NASDAQ)? expense ratios are kind of high at 0.60% though, but the approach seems interesting, where they put like 85ish% towards those indices and then the remainder are used for dividend futures.
I have very small positions in AIPI. They both make me nervous. MCI is doing very well IMHO and they just added a 20% year end bonus woot!
I watch all your videos and forgive me if I missed one but what are your thoughts on YMAX?
MSD caught my attention. Definitely looks like a nice income play and is a good diversifier. However, the valuation looks a bit stretched, so definitely not a buy at this time for me either.
When does the premium drop on mci?
Thanks for the well presented content. I stumbled upon your channel today and I have binge watched all of your videos and downloaded your latest portfolio spreadsheet. With respect, I have a few important questions. First, the individual stock percentage allocations in your spreadsheet are not actually correct. This is because you hold some ETFs that also hold several of the individual stocks you already have in your portfolio. For example, you hold PBDC. It has large holdings of ARCC, BXSL, OBDC and MAIN. You also hold these stocks individually in your portfolio. This increases your net exposure to each these stocks, but that is not properly reflected by the percentage allocations listed in your spreadsheet. Secondly, I have to question why you have even invested in PBDC. You could easily replicate that funds portfolio yourself and not have to pay their management fee. Especially given that you already directly hold many of the stocks that make up their portfolio. Furthermore, holding PBDC adversely effects your monthly liquidity. The above mentioned stocks pay monthly distributions whereas PBDC is quarterly. Finally, there is no mention of a cash holding in your portfolio. Does that mean that you are currently fully invested during the most expensive market of all time? Do you not think it prudent to have some cash sitting in MMKT or TBIL funds to double down on your income stocks when the market corrects. I note that current median yield of your portfolio is 11.32%. You could add some circa 5.5% MMKT or TBIL type investments into your mix, keep some of your powder dry, and still get a total return above your stated 8% target.
What do you think of TSPY?
Did you see Brad’s conversation with Si on Income Architect yesterday? I’m buying TSPY but nervous if Si ever met the proverbial bus. I’m hoping AI will get Si on here sometime - I think they’d have a great discussion.
@@lindsaynewell6319 yes I did
Interested in THTA. 11% yield and stable price except it dropped with the VIX spike Aug 5 and has not recovered. Would do you think?
What metric do we use again to track nav erosion when using scanners?
What about MSTY? Unlimited Income
The income from aipi is reliable but it is a new fund so we will see how this performs in the future
Hello, I am new to Income Investing. exploring ideas. Can you please share a Video on how returns/results can vary based on when one buys the CC ETF ? I left emails to NEOS and no one ever responded. There is no schedule on when a fund INITIATES the sale of the Call ..which means if one buys the fund/ETF 20 days later, most of the premium has already eroded. Even worse, if one buys it just a day after the EXDIV date, then your investment is doing for the next month... Very critical if one wants to initiate a large position..May have to DCA and build over time to avoid all this misses. Appreciate your input. Thanks
I am long MCI not disappointed. I looked at MSD but the 2.6% TR over 10yrs made me look elsewhere. I also recently opened a small position in a 0DTE fund on SP500 just to see if those insane yields are too good to be true. They most likely are 😅
NBXG techy fund. 9% yield 13% discount to NAV. With better growth than BST. I'm holding in conjunction my QQQI like I do BALI with my SPYI. Also I sold my SVOL. It hasn't recovered like I wanted to see as the VIX moved lower. Its price action seems off to me. The stock price used to be in the mid/ high 22's now it's the mid/ high 21's. I would re enter if there is a huge spike in the VIX and give it another try.
FEPI AIPI ARTY Could it be the next video. Thanks. 😊
ARTY pay's dividends every 6 months.. Who's waiting that long
looking for international high income for diversification. As of now I only hold IDVO, which has been great for the past couple years. I've yet to find another, but just today found SDIV --- anyone have a strong opinion either way on this?? MSD is in today's video and just might work. Thoughts ?
Me personally, SDIV isn’t my cup of tea to much NAV erosion
I like the idea of AIPI but Rex shares (the issuer) has a really shady track record and not sure I want to get back into one of their funds.
First
Thanks for commenting. I hope you enjoyed the video!
Thanks, Armchair. Good video. Owner of XDTE as my favorite S&P 500 covered call fund. The uncovered overnight aspect has some strong historical performance arguments. I like FEPI and YMAG (and YMAX) in same category as AIPI.