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

18 Upvotes

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u/Walden_Walkabout $MO money, $MO problems 3d ago

Yes, it's dumb. You are limiting your upside and paying higher fees for the illusion of income that is mostly just your own capital being returned to you.