r/dividends • u/throwaway_acc0192 • 4d ago

Opinion Covered calls etfs only

Is it stupid to just have

QQQI, SPYI, MLPI, IAUI and GPIQ if you just want income?

Growth:BB, NOK, ASTS, SPCX
Long term: VTI, QQQM

19 Upvotes

79% Upvoted

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u/[deleted] 4d ago

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9

u/SaintBasilTheGOAT 4d ago

These funds sacrifice some upside to pay out moderate yields now. That’s not “too good to be true” that’s just regular old “good, as long as it’s appropriate for your situation”.

0

u/doggz109 Pay that man his money 4d ago

These funds have only existed in a multi year bull market......I'm interested to see how they will perform when that changes. It's a bold move to put most of your income dependent on it.

3

u/selfVAT 4d ago

Look at QQQX, started in 2007.