Nice.👍 I have been buying BITO, EETH, BETH, BITX. BITX don't pay dividends. But the other 3 do. I get my dividends on the 8th of the month by combining shares of the dividend crypto ETFs is 8000 plus shares, 7250 of these shares are BITO. I received $6400 in dividends this and bought more shares this month for me. I have 186 naked call options going out to Jan 25. I have been rolling out these contracts all this year. Some of them rolled out calls, I bought more of these 4 ETFs. Monday I will sell cash secure puts that are long dated 3 strikes otm puts. And roll them up instead of out . Jan25 to June 24 and catch some nice premiums. Love your channel. Just Subbed. 👍👍
Moved a good portion out of JEPQ, into FEPI, SPYI and QQQI. JEPQ has been good at growing NAV, but dividends are not impressing me. I use the dividends to supplement my SS payments.
100% agree. FEPI + SPYI + QQQI. I also like SVOL (it's running a ~16% yield paying a consistent $.30 per share per month = stable). And I like the Yieldmax, YMAX because unlike the other Yieldmax ETFs, which are extremely volatile and risky, it owns its underlying equities: which are all the other Yieldmax ETFs which don't own their underlying equities but use synthetics. YMAX is new and it's coming in at ~31% yield.
I’m glad that you chose FEPI to dissect. I have just started buying a few shares of FEPI, so I appreciate the information on this stock. Another home run video! Thanks
It takes about 83-84* shares of Fepi to get $100 a month in distributions. Time to buy more shares, maybe Main and Nintendo/NTDOY as well. Nintendo only pays out twice a year. Really wish I could sell calls and puts on it(Nintendo is not optionable)
I will forever appreciate this channel and Mrs.Karen Manley., you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My Wife and I have been able to be minimal, conscious in spending, saving and investing wisely, you're such a blessing to this generation. we all love you
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Defiance did not change their strategy. They don't have a strategy to capture upside. Only premium. It's possible that they went a little further in the money on the puts to get a bit more premium. That's a double edged sword though. Today it's working out well but one down day and they lose every big of gains they got. They are just barely above breakeven for the month and we're 2/3rds of the way through. One down day and they will be negative for the month.
I am looking forward to seeing how you do things once the weekly ETF's start paying and if there will be opportunities to compound dividends more than once a week. Keeping track of all this dividends dates sounds like mass chaos but in a fun way.
Use your calendar, if you have gmail you've got google calendar or if you have MS Office, use its calendar. Print out all your ETF dividend distribution schedules and type in the dates on the calendar. The only dates you really care about are Declaration & Payment dates; put the other dates in if you want of course. For Declaration Day, I use a red dot label. For Payment Day I use a green dot label cuz green = money. The compounding is simple if you've turned on DRIP, the automatic reinvestment function. I don't use DRIP. I want to reinvest manually because I'll want to take the cash and apply them to other holdings in my portfolio. For instance, I've got 9 ETFs in my portfolio, sorted by Dividend Yield, high to low. I give myself a share count goal for each ETF, dependent on yield and expected cash payment. Once I meet my share count goal for each ETF, I'll take the future dividends from that ETF and shift the cash to another ETF to more quickly meet its' share count goal, and so on down the sorted list. This organizes everything, fills in the higher yield ETFs first and gives you a plan to meet your other ETF share count goals. It helps a lot. 👍
Looks good, but today is a bad day to look. The market has sold off this week, pulling this one down 10%. I guess if you buy the dips, your payout goes above 25% there. Could work. The danger, they don't keep the covered call money, they give it out, and if the stocks go down, and everybody has to get paid to manage it, well, they have to own less shares, Down goes Frazier. Thanks.
Defiance didn't do anything at all different. In a sideways or slowly up moving market they will move up consistently with it and if you do some homework you will see that they fall less on down days. The few down days we have had in the last two weeks have not been hard down days and the up days have been solid up days. That's how these funds work. The share price NAV will fall by the distribution % late next week and everyone will lose their minds again because the % loss in the NAV is % GAINED in cash.
Defiance and Yieldmax don't retain earnings. If their OTDE or weekly calls lose their premiums at contract XPYR, they go into capital to make dividends = loser. And dying NAV. Who doesn't know this?
Exactly. The NAV-share price drops by the dividend per share every distribution, typically the ex-dividend date (the dip), and then it's supposed to climb back up during the next month. Aside from that the Yieldmax & Defiance ETFs track the underlying with the upside cap or limit. The two big problems, and yes any of these option ETFs have this risk to a larger or smaller degree, if the underlying is trending downward (or upward), the overlying ETF will follow BUT if the contract strikes are bad, you'll see a double loss. And if the synthetic position, the long call + short put, realizes a net-loss, you'll see a triple loss. It is what it is. 👍
Wait, what? Stop. Your portfolio stock chart is not the market. Yes, FEPI and SVOL and SPYI and MAXI are amazing because their yields are high, but not nuts ridiculous like Yieldmax and Defiance. If you like trading capital-equity-share price for dividends while the ticker drops and does a TSLY, have fun. People are getting spoiled with 40%+ yields, and that's not sustainable. It's not. FEPI's killing it; I have 1000 FEPI.
@@Daniyoyo I completely agree with you on that. This applies to all the Options ETFs. AMD dies, so does AMDY; Netflix crashes, so does NFLY. Here's how I'm protecting myself: share price/NAV LOSS > 5% per month X 3 months = EXIT. This's my stop-loss. QQQY met my Stop Loss Exit policy so I dumped it. It's been stair-step dying since November, while the NDX's been gradually climbing = consistently sh*t Strikes on their Puts making at least two massive losses weekly; sometimes 3. We do know the Nasdaq (and the NDX) is more volatile than the S&P. This means higher highs, and lower lows per unit of time. A taller sine wave that'll magnify gains and losses. Fine. Any investor can policy a stop-loss limit, liquidate and move the equity elsewhere, OR just keep it as interest bearing cash in their brokerage account at 5%+ annually. I like FEPI because the FANG index has the seven boss Equities, then adds another 7 picked from the NDX according to its sector priorities: semiconductors, electronics, telecommunication, digital hardware, digital processing, etc.. Unlike Defiance and Yieldmax, FEPI actually owns the underlying equities which means one less way to lose because there's no synthetic. With these 15 equities, FEPI can run calls on many of them simultaneously, or not, stagger different Strikes or not, the priority being slightly out of the money (say Strike $ < 5% OOM) I'm guessing, according to the prospectus: it's not limited to only one underlying equity to live or die on, or just a particular Index alone. Are all investments risky, sure. Are some a better investment than others, sure. Do some people want income VS capital appreciation, or a mix inbetween, sure. There are only two things you can do with Earnings: Retain for the next period or Disburse Dividends, and FEPI is retaining a good portion as a future safety net for down months to either stabilize the NAV or provide cash flow for consistent dividends. I like this, which is something Yieldmax and Defiance don't do unfortunately. I also like its higher price point/share price = larger upfront Capital per share to wager with its contracts = larger gains w/wins (and losses, yes). A higher share price also attracts a different type of Investor compared to Yieldmax and Defiance: the Walmart cheapies don't want to pay a $55+/- share price, and I'm more than happy to pay more w/a smaller, but still appreciable Yield w/added stability. And let's all understand, selling (or buying) calls and or puts and or futures or doing interest rate swaps is straight gambling at the casino and I'd like more wins than losses.
I have 15K in JEPI making around $90 a month. Just put in 2k on Fepi to test the waters $40ish a month maybe. Might put 30k in to make around $600 a month but still massive risk after tsly. All in IRA so gains....
Nice.👍 I have been buying BITO, EETH, BETH, BITX. BITX don't pay dividends. But the other 3 do. I get my dividends on the 8th of the month by combining shares of the dividend crypto ETFs is 8000 plus shares, 7250 of these shares are BITO. I received $6400 in dividends this and bought more shares this month for me. I have 186 naked call options going out to Jan 25. I have been rolling out these contracts all this year. Some of them rolled out calls, I bought more of these 4 ETFs. Monday I will sell cash secure puts that are long dated 3 strikes otm puts. And roll them up instead of out . Jan25 to June 24 and catch some nice premiums. Love your channel. Just Subbed. 👍👍
Moved a good portion out of JEPQ, into FEPI, SPYI and QQQI. JEPQ has been good at growing NAV, but dividends are not impressing me. I use the dividends to supplement my SS payments.
Thinking about doing the same thing. Already exited JEPI for SPYI.
100% agree. FEPI + SPYI + QQQI. I also like SVOL (it's running a ~16% yield paying a consistent $.30 per share per month = stable). And I like the Yieldmax, YMAX because unlike the other Yieldmax ETFs, which are extremely volatile and risky, it owns its underlying equities: which are all the other Yieldmax ETFs which don't own their underlying equities but use synthetics. YMAX is new and it's coming in at ~31% yield.
❤ FEPI. My largest holding
I’m glad that you chose FEPI to dissect. I have just started buying a few shares of FEPI, so I appreciate the information on this stock. Another home run video! Thanks
Glad it was helpful!
I love Fepi
It takes about 83-84* shares of Fepi to get $100 a month in distributions. Time to buy more shares, maybe Main and Nintendo/NTDOY as well. Nintendo only pays out twice a year. Really wish I could sell calls and puts on it(Nintendo is not optionable)
I will forever appreciate this channel and Mrs.Karen Manley., you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My Wife and I have been able to be minimal, conscious in spending, saving and investing wisely, you're such a blessing to this generation. we all love you
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
I'm new at this, please how can I reach her?
she's mostly on Telegrams, using the user name
MANLEY27 💯 .that's it
Great video! FEPI is at 250, but it's never enough!! :)
Defiance did not change their strategy. They don't have a strategy to capture upside. Only premium. It's possible that they went a little further in the money on the puts to get a bit more premium. That's a double edged sword though. Today it's working out well but one down day and they lose every big of gains they got. They are just barely above breakeven for the month and we're 2/3rds of the way through. One down day and they will be negative for the month.
I am looking forward to seeing how you do things once the weekly ETF's start paying and if there will be opportunities to compound dividends more than once a week. Keeping track of all this dividends dates sounds like mass chaos but in a fun way.
Use your calendar, if you have gmail you've got google calendar or if you have MS Office, use its calendar. Print out all your ETF dividend distribution schedules and type in the dates on the calendar. The only dates you really care about are Declaration & Payment dates; put the other dates in if you want of course. For Declaration Day, I use a red dot label. For Payment Day I use a green dot label cuz green = money. The compounding is simple if you've turned on DRIP, the automatic reinvestment function. I don't use DRIP. I want to reinvest manually because I'll want to take the cash and apply them to other holdings in my portfolio. For instance, I've got 9 ETFs in my portfolio, sorted by Dividend Yield, high to low. I give myself a share count goal for each ETF, dependent on yield and expected cash payment. Once I meet my share count goal for each ETF, I'll take the future dividends from that ETF and shift the cash to another ETF to more quickly meet its' share count goal, and so on down the sorted list. This organizes everything, fills in the higher yield ETFs first and gives you a plan to meet your other ETF share count goals. It helps a lot. 👍
Its going to be great
Looks good, but today is a bad day to look. The market has sold off this week, pulling this one down 10%. I guess if you buy the dips, your payout goes above 25% there. Could work. The danger, they don't keep the covered call money, they give it out, and if the stocks go down, and everybody has to get paid to manage it, well, they have to own less shares, Down goes Frazier. Thanks.
This is an awesome portfolio. FEPI on every dip!
Awesome info! Can you share your excel spreadsheet with us? So I can track my own like you do.
What do you guys think of TLTW ?? Has 19.33 % dividend , $5.12 per share
Enjoyed this Video! Sadly I only own 1.2 shares of FEPI
Thats okay! You can build it up!
Also, I agree on FEPI. It's been a great fund so far.
I know, I know. FEPI's a boss.
Getting 20 shares on Monday. Hopefully I get 20 shares of FEPI every Month. 😎👍
Own 170 shares of FEPI.
Amazing video, thanksssssss ❤
Bought FEPI with other dividends
Same, its my savings account
If you like FEPI, you might like YBTC as well.
I can do covered calls on BITO, its the same thing
have you checked out ybtc yet? Bitcoin with a monthly pay
Yes I included it on my video with the weekly dividend etfs XDTE and QDTE
Good video! I have 446 FEPI, on my way to 1,000!
Awesome! Are you reinvesting back into FEPI?
Yes. I have all positions on drip except CONY which eTrade won’t allow for some reason.
Only a couple .Been waiting for it to dip below my cost average but it seems it dosent drop 😂
I average up and down, just accumulating.
I have 179 FEPI. Bought it last month but not making much so far could have been down if it did not make 1% today.
It has been stable in price
We’ll see.🤞
How much is the paid version of Dividend Tracker?
$15 a month
Luv me some Fepi 👌
Everyone loves it so far!
I bought more MSTY on Monday for $31 and now it is up $38. I don't have enough money left to buy FEPI 😅
On Robinhood you can buy dollars worth of.
462 fepi!!
Nice payments each month! Are you reinvesting?
I've loved there dividends
Thank you for the comment, I hope they continue to pay over a dollar with stable NAV!
their
Defiance didn't do anything at all different. In a sideways or slowly up moving market they will move up consistently with it and if you do some homework you will see that they fall less on down days. The few down days we have had in the last two weeks have not been hard down days and the up days have been solid up days. That's how these funds work. The share price NAV will fall by the distribution % late next week and everyone will lose their minds again because the % loss in the NAV is % GAINED in cash.
Yes! Finally. Intelligent life.
I've seen these etfs only go up .3% when the market is up 1-2% in a day. Today they went up more than I have ever seen.
Defiance and Yieldmax don't retain earnings. If their OTDE or weekly calls lose their premiums at contract XPYR, they go into capital to make dividends = loser. And dying NAV. Who doesn't know this?
Exactly. The NAV-share price drops by the dividend per share every distribution, typically the ex-dividend date (the dip), and then it's supposed to climb back up during the next month. Aside from that the Yieldmax & Defiance ETFs track the underlying with the upside cap or limit. The two big problems, and yes any of these option ETFs have this risk to a larger or smaller degree, if the underlying is trending downward (or upward), the overlying ETF will follow BUT if the contract strikes are bad, you'll see a double loss. And if the synthetic position, the long call + short put, realizes a net-loss, you'll see a triple loss. It is what it is. 👍
way too expensive for me..
buy fractional shares, simple
Or dollar cost average into it, as in $5 dollars a week or month, etc.
How about $FAPI 😂 ?
PAPI!
Lol you think because some retail investors Defiance changed the strategy? good grief….
Wait, what? Stop. Your portfolio stock chart is not the market. Yes, FEPI and SVOL and SPYI and MAXI are amazing because their yields are high, but not nuts ridiculous like Yieldmax and Defiance. If you like trading capital-equity-share price for dividends while the ticker drops and does a TSLY, have fun. People are getting spoiled with 40%+ yields, and that's not sustainable. It's not. FEPI's killing it; I have 1000 FEPI.
TSLA drops so does Tsly , when fang stocks crater what you think will happen to your fepi ? Zero nav erosion ?
@@Daniyoyo I completely agree with you on that. This applies to all the Options ETFs. AMD dies, so does AMDY; Netflix crashes, so does NFLY. Here's how I'm protecting myself: share price/NAV LOSS > 5% per month X 3 months = EXIT. This's my stop-loss. QQQY met my Stop Loss Exit policy so I dumped it. It's been stair-step dying since November, while the NDX's been gradually climbing = consistently sh*t Strikes on their Puts making at least two massive losses weekly; sometimes 3. We do know the Nasdaq (and the NDX) is more volatile than the S&P. This means higher highs, and lower lows per unit of time. A taller sine wave that'll magnify gains and losses. Fine. Any investor can policy a stop-loss limit, liquidate and move the equity elsewhere, OR just keep it as interest bearing cash in their brokerage account at 5%+ annually. I like FEPI because the FANG index has the seven boss Equities, then adds another 7 picked from the NDX according to its sector priorities: semiconductors, electronics, telecommunication, digital hardware, digital processing, etc.. Unlike Defiance and Yieldmax, FEPI actually owns the underlying equities which means one less way to lose because there's no synthetic. With these 15 equities, FEPI can run calls on many of them simultaneously, or not, stagger different Strikes or not, the priority being slightly out of the money (say Strike $ < 5% OOM) I'm guessing, according to the prospectus: it's not limited to only one underlying equity to live or die on, or just a particular Index alone. Are all investments risky, sure. Are some a better investment than others, sure. Do some people want income VS capital appreciation, or a mix inbetween, sure. There are only two things you can do with Earnings: Retain for the next period or Disburse Dividends, and FEPI is retaining a good portion as a future safety net for down months to either stabilize the NAV or provide cash flow for consistent dividends. I like this, which is something Yieldmax and Defiance don't do unfortunately. I also like its higher price point/share price = larger upfront Capital per share to wager with its contracts = larger gains w/wins (and losses, yes). A higher share price also attracts a different type of Investor compared to Yieldmax and Defiance: the Walmart cheapies don't want to pay a $55+/- share price, and I'm more than happy to pay more w/a smaller, but still appreciable Yield w/added stability. And let's all understand, selling (or buying) calls and or puts and or futures or doing interest rate swaps is straight gambling at the casino and I'd like more wins than losses.
I have 15K in JEPI making around $90 a month. Just put in 2k on Fepi to test the waters $40ish a month maybe. Might put 30k in to make around $600 a month but still massive risk after tsly. All in IRA so gains....
I would start slow and build up the position, that what I like to do
I fuxxx wit fepi tryna 5k ofem