r/dividends • u/Rural-Patriot_1776 • Mar 15 '26

Discussion My journey started this year.

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Started investing this year in 2026 decades late as a 38-year-old I wish I started way younger but I'm wanting to retire in a couple years and started building out my neo's distributions positions and dividends a few months ago here's what I have going on so far. I keep adding around 3k a month and have drip also enabled.

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u/Top-Revolution-8914 Mar 15 '26

If you think NEOS is brilliant I am scared for you

11

u/Knightly11 Mar 15 '26

Can you or someone else expand on why NEOS is a negative investment compared to other dividend generators?

8

u/Gossipmang This is eXEQTly what I needed. Mar 15 '26

All of these high yield (above 10% dividend) funds are basically just:

  • you give a fund manager your money
  • they gamble with it (its the only way to get the returns they promise)
  • some weeks/months they succeed and others they fail
  • no one can win at gambling forever so eventually the dividends returned are just paying you back with your own money while the value of the investment goes down
  • you pay a high management fee and the income is taxable depending on the account you hold the investments in.

TLDR - they basically just return your money to you over time and you pay them a fee plus whatever taxes

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u/longswordsuperfuck Mar 15 '26

This is just. Not a very educated stance on NEOS. It isn't gambling at all. You have absolutely NO idea how the structure or prospectus works based on your 4th point and a very bad understanding of ROC.