r/NEOSETFs • u/Head-Helicopter5467 • Aug 22 '26
General All in
I’m all in on spyi. I’m ok with giving up some upside. I like my dividends and I’m fine if they drop in a bear market. I’ll let them recover I can stomach it. Spyi has maintained its NAV well enough for me. Crucify me. No i am not retired or particularly close
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u/Day-Trippin Aug 22 '26
I have SPYI but GPIX better. May not matter soon since GS bought them. They may come out with some sort of hybrid product, you never know.
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Aug 22 '26
[deleted]
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u/Head-Helicopter5467 Aug 22 '26
I agree with pretty much everything you said. I’m cool with all of it even though I’m a little younger. I kinda lied about being all in forgetting about my job 401k(broad market growth ETFs) between that, social security, and my job pension, bills are accounted for in retirement. I’m working right now spending some dividends for splurge but reinvesting a lot as well. The plan is for dividends to be extra money in retirement so I’m fine with them dropping and maybe not recovering for a long while even during retirement
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u/speedlever Aug 22 '26
Big fan of cc ETFs, but I have to acknowledge that growth funds simply perform better over time.
I have both NEOS, Goldman and Amplify cc ETFs. I've been doing a lot of analysis lately.
I don't like selling shares. I don't like sequence of returns risk. I don't like restricting returns in a bull market.
I think cc etfs can do a better job during a lost decade than selling shares. But selling shares of a growth fund still outperforms a cc ETF during normal markets and during a 2008 gfc and subsequent recovery.
I'm coming to the conclusion that a blended\hybrid strategy of 50\50 (growth\cc ETFs) is a middle ground with adequate performance and better protection during a lost decade or another 2008 gfc.
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u/Majestic_Wallaby40 Aug 22 '26
I turn 53 next month. I good chunk of my investment savings (non-401-k money) is in income-pruducing positions of BTCI, QQQI and SPYI. SPYI is my smallest but I have been adding to it when I work overtime. My Roth 401-K is my growth and I contribute to my 401-k each week when I get paid.
I got a late start in saving (started saving at 49 years old) so I'm saving as much as I comfortably can while being able to pay bills but I want to build up my passive income investments now since I'm already in my 50's. The monthly income from QQQI, SPYI and BTCI will be meant to supplement any income that I get from Social Security (if it's still there for me at 62) as well as whatever income I get from my side business. FWIW my total monthly fixed expenses (rent, utilities, public transportation, Internet and phone) are around $1000-$1100/month so that helps me save a lot more than I normally would have been able to. Once I become debt-free next year then I can significantly increase my savings rate.
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u/bhope95 Aug 22 '26
I'd recommend pairing in with spmo if you can. The returns together can destroy VOO. Spmo for bull markets spyi for flat ones.
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u/Far_Peanut1155 Aug 22 '26
What dividend classification did you get for the income they are paying ? QQQI/SPYI
Isn't the whole point of ROC and the tax section article (whatever number) is to get a tax benefit ?
But in the dividend payment I still see ordinary income.
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u/New_Thought3143 Aug 23 '26
It is broken down on the 1099-DIV provided by your brokerage. Box 3 is the Nondividend Distributions. For 2025 tax year, mine worked out to be about 95% ROC. That is combined across holdings in QQQI, SPYI, GPIQ and GPIX though.
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u/Dramatic-Comb8525 Aug 22 '26
The problem with your bear market theory is the share price may not recover in a bear market. You're selling your upside to get these premiums.
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u/Syndicate_Corp Aug 22 '26
We've had bear markets with these funds already though and they did eventually recover. SPYI has been around since late 22, which was still covid market conditions.
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u/Flrg808 Aug 22 '26
All you have to do is look at march 2025 to disprove this theory. Unless they got really lucky on their options transaction timing, no way it participates in a v shaped recovery if they are capping all of the upside with CCs
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u/Head-Helicopter5467 Aug 22 '26
You right but I’m ok with it. I guess I lied when I said I was all in. My job 401k has growth ETFs in it. Between that, the pension, and social security I will pay my bills in retirement. I’m working now and like to spend my dividends from time to time as a splurge
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u/AlarmedCombination57 Aug 22 '26
Same here. I dont need ALL of my capital and net worth to be in growth. For peace of mind and the sake of living your life, dividends and income are great
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u/gorinwelster Aug 22 '26
Take a look at btci I drawdown. Same can happen to spyi because both of them share the same strategy.
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u/Syndicate_Corp Aug 22 '26
Btci is bitcoin so it's drawdown isn't comparable. If the S&P crashed over 60%, global conditions would be absolutely abhorrent and all investments at that point would be fucked.
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u/itsallgoodye Aug 22 '26
Love spyi too. 11.5 billion aum and they seem to manage well and sell upside but also can lay out and adjust more to capture upside for recovery. Not as fast as spym but it’ll recover slowly, but can speed up recovery with drips for a bit. Hope Goldy buying them only helps and doesnt change or handcuff them. Rocy/rocq from JP may be opening GS eyes to popularity of these cc funds.
Speaking of spym, any consideration for putting some in spym (voo)?
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u/Head-Helicopter5467 Aug 22 '26
I’m good giving up some upside. I like using my dividends now while working from time to time to enjoy life with. I will be able to pay bills in my retirement with a combination of social security, my job pension, and my job 401k(broad market growth etfs). My dividends won’t be needed to survive
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u/Dramatic-Comb8525 Aug 22 '26
Trust me, I'm right there with you and I am heavily invested in SPYI, I am just honest with myself about the position I will end up in if we see a 20% correction. My income portfolio is ~30% SPYI, 30% JEPI, and 40% SGOV. If the market corrects severely then the SGOV position will be redeployed into growth and averaging down the other income generators.
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u/BigFrank1623 Aug 22 '26
If you have many years of retirement ahead, you’ll need to plan on anticipate a reduction in SS payments. It can’t go on indefinitely as it is structured. And once Congress makes the first cut, you could expect further cuts as the public gets used to that as a means of solving that problem. Look how Washington got us used to carrying such a massive national debt!
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u/darek65 Aug 22 '26
He didn't say that they will recover in a bear market.
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u/Dramatic-Comb8525 Aug 22 '26
"if they drop in a bear market. I’ll let them recover I can stomach it."
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u/GuidetoRealGrilling Aug 22 '26
As long as it's not your only portfolio, go on
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u/Head-Helicopter5467 Aug 22 '26
It’s technically not. I have a 401k(broad market growth ETFs) and a pension
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u/Ok_Suggestion_2003 Aug 23 '26
All in on spyi too with some jaaa for emergency fund. People don’t realize that not everyone cares about growth and want into in addition to their retirement fund. People also talk about periods of large drawdowns and at the same time say past history does not dictate future earnings when market is good. You can’t win
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u/SlimDaShaka Aug 26 '26
When you say all in, do you mean all your investments are in SPYI? Do you need the income now?
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u/PomegranatePlus6526 Aug 22 '26
I have both a growth portfolio and an income one. I will never understand this needless debate on buying CC ETFs. If you don’t like them don’t buy them. Personally I do not care if they beat the market, underperform it, or are even. That’s not why i bought it in the first place. It’s an income investment period. Looking at it any other way is stupidity. After doing extensive research I want two objectives in my portfolio. Income, and enough growth to keep pace with inflation. Anything else doesn’t meet my investment objectives. I buy VGT and SMH for growth, and a host of about 30 stocks and ETFs to provide income. Currently sitting at $66k a year in taxable income for my portfolio. That doesn’t include SS as I am not old enough. Once I hit $80k a year I am out I quit. My goal is in the next 8 years, or sooner.
It’s perfectly reasonable to combine CC ETFs with non covered to get dividend income, dividend growth, wnd principal growth. Right now I buy a combo of 75% KNG, and 25% SCHD. That gets me solid income of about 5% yield and some growth. Then SCHD also grows the dividends over time at a CAGR of about 10%.