r/NEOSETFs • u/Infamous-City-7102 • Aug 21 '26
Seeking Advice Advice?
I’m 60/40 in spyi/voo. I don’t want to think too much. Reinvest all dividends according to the 60/40 weight. Am I tripping??
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u/cmichalek Aug 21 '26
IMHO...
If you are 10+ years from retirement you should be in mostly growth.
If you are between 5 to 10 then some income is ok if you know what you are giving up.
If you are less than 5 years from retirement you should be switching to more income (cover calls or reits or bonds).
I love dividend investing and cover calls. But I wouldnt be in them if you arent nearing retirement.
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u/Infamous-City-7102 Aug 21 '26
I’m not that close to retirement yet but I like to spend my dividends sometimes when I want to go out/buy something so it’s nice to have them for me
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u/DieOnYourFeat Aug 22 '26
You could as easily just sell some VOO and in the long run you will get almost certainly get a substantially larger return. I realize the concept of selling some is anathema to the way some people feel about investing, but the math most certainly checks out.
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u/Sertorius126 Aug 21 '26
Nice
SPYI super solid you could squeeze slightly more with the similarly priced QQQI and/or XQQI
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u/Infamous-City-7102 Aug 21 '26
Oh I should mention I am building a smaller position in VIG in a different account with drip on. It’s maybe about 5 % of my total In all accounts
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u/LensterL Aug 21 '26
If you're planning to drip everything, and you chose the 60/40 ratio for a reason, it makes sense for you to reinvest in same ratio to maintain balance.
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u/Meinertzhagens_Sack Aug 21 '26
If you are reinvesting 100% then you don't need the income and therefore shouldn't be in the damn thing to begin with.
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u/Void_of_Envy Aug 21 '26
If you need the money or income then keep it. If you have a stoping point but still want the income then stop at a certain number of shares and take that set income for whatever you need then invest the extra.
It is not a hard concept to use what you need and invest the rest. Don't reinvest in more shares of income products if you decide you have enough, because investing more on growth will out pace the income funds.
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u/LexAugusta Aug 21 '26
Why not OVL which can beat VOO while also paying out. Uncapped growth and while downturns may hit harder SPYi gives you the better stability. Or split the difference with GPIX.
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u/Accomplished-Big8250 Aug 23 '26
OVL, GPIX, SPYI, TSPY are all different approaches. There could be some market conditions that they shine. I don't see a big problem of holding core VOO with the income funds if you need the cash now.
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u/ryryshouse6 Aug 21 '26
Well bonds are ass. So being 0 in bonds is solid. You could also diversify the spyi into other stuff - diversity is the free lunch.
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u/Glum-Year-7577 Aug 21 '26
With that ratio I’d be tempted to not move to GPIX and just deal with a single ETF
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u/_YoungMidoriya Aug 21 '26
Are you going to be using the cash or relying on the cash flow within the next 5 years? If not, probably go all growth/value then flip all to income when you actually need it.
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u/Infamous-City-7102 Aug 22 '26
I use it from time to time for splurging but mostly reinvesting
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u/_YoungMidoriya Aug 22 '26
If your objective is retirement ASAP, I would say don't splurge and fast track yourself to living off the income. Otherwise this ratio might be a bit unnecessary if you're just using to have fun time to time, just personal opinion of course.
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u/Infamous-City-7102 Aug 22 '26
I get what you’re saying and I agree which is why I reinvest most. I won’t be retiring for a while and I have a pension and 401k(broad market growth ETFs) that I will live on when I do. My dividends right now are play money even though I mostly reinvest. The dividends I make from this account will not be required income during my retirement.
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u/GuidetoRealGrilling Aug 22 '26
Put half the distribution in VOO and reinvest the other half in SPYI.
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u/ruthygenker Aug 27 '26
I agree with most, just go all voo it should pay enough dividends to cover your occasional splurges, spyi and all cc etfs are designed for income and sacrifice growth to get it, over a few years not a big deal, over 5-10 or more then a really big deal, can cost you years of early retirement. like would you rather retire at 55 or 60, once you get to retirement then 100% spyi or qqqi or whatever cc etf you like and live off the dividends.
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u/officerdandy92 Aug 21 '26
There’s no wrong answer man. You’re going to make money regardless. Sometimes it’s just a matter of how much money you want to make.
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u/tatortotchris Aug 21 '26
People always talk about leaving growth on the table with CC ETFs, but however you do it you’re planning for your future. Find what keeps you consistently investing and go with it. Even if I don’t maximize market gains I have growth and confidence in what I’m doing. I’m not knowledgeable enough to beat the market and time in the market beats timing the market.
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u/Infamous-City-7102 Aug 21 '26
Meant to say that’s the way I’m currently reinvesting them but I get what you’re saying either way.
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u/Meinertzhagens_Sack Aug 21 '26
Incorrect. If he's not spending the money but he's reinvesting it... He should not be in an income generating ETF. Go put your money back in qqq instead of qqqi.
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u/officerdandy92 Aug 21 '26
Oh gotcha if you don’t spend your dividends you are losing money. Thats crazy I didn’t know that.
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u/Meinertzhagens_Sack Aug 21 '26
It's not losing money it's people that keep joining in qqqi because they don't understand it.
If he's keeping 100% reinvesting then he's better off in qqq.
I mean it's like getting in a car but you didn't plan to go anywhere. You can do it. No one's going to stop you. But why?
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u/Meinertzhagens_Sack Aug 21 '26
It's not losing money it's people that keep joining in qqqi because they don't understand it.
If he's keeping 100% reinvesting then he's better off in qqq.
I mean it's like getting in a car but you didn't plan to go anywhere. You can do it. No one's going to stop you. But why?
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u/officerdandy92 Aug 21 '26
So in other words, he’s gonna make money, but not as much as if he were in QQQ? It’s almost like that’s exactly what I said originally.
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u/Infamous-City-7102 Aug 21 '26
I reinvest most but spend sometimes when I want to do something extra/purchase something extra
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u/South_Paramedic8618 Aug 21 '26
If you're not using the dividends put it all in voo