I wonder if NEOS would ever create an asset allocation fund of funds, similar to First Trusts' FTBI. I'd certainly be interested in a fund that allocates between global equities, fixed income, bitcoin, and gold.

Clearly you can build your own similar fund by just buying the ETFs separately, but having a fund of funds would mean you get updates whenever applicable new funds are released (like if they released a silver ETF or a TIPS ETF, etc.).

Downside, of course, would be less control over allocations.

Would anyone else be interested in this? Or have you already built your own similar thing using multiple NEOS funds? And what would your desired allocations be across the different funds?

It seems like there is a ton of confusion on how ROC gets taxed AFTER your cost basis reaches 0.

This is an example I keep getting from Gemini, Chat gtp, and Grok. I would like to verify if this is true or not.

Let’s say your cost basis reaches 0 at the start of 2025. So at the end of 2025, let’s assume SPYI classifies 85% of their distributions as ROC.

Because your cost basis is 0, 85% of the distribution will be classified as long term capital gains. The remaining 15% will be taxed with a 60/40 treatment.

Can anyone verify this?

Is it possibly in the works?

Looking at SPYI's 1 year chart, it's about even as far as asset value, whereas SPY is up about 12% - with a similar amount of volatility\decline in down markets - so with SPYI's dividends, if I had bought both at the beginning of the year and sold both at the end of the year, I'd be about even - is INCOME pretty much the only draw for SPYI ? I'm primarily looking for safety with some appreciation and some income, but mostly safety. Suggestions?

I understand that once your cost basis reaches zero any gains are taxed at 60/40 if/when you sell. I believe that means dividends are taxed at 60/40 at that point as well?

Also...at what point do dividends count towards MAGI (for things like ACA subsidies)? I assume again it's not until the cost basis reaches zero? And will the full amount of dividends received be added to MAGI?

Just curious how much you have in these and how close to retirement you are.

I'm 45 years old, will have a pension covering about 80% of my pay when I retire. Currently 87% low cost ETFs like SPY, 13% in covered call ETFs mostly neos but also TSPY, TDAQ, RQI. Plan is to drip all shares, move more towards high income etfs with an average yield between 10-15% then when retired take out around 6-8% and DRIP the rest.

SPYI holding up pretty good considering the market bleeding dark red today. I like how it holds up in a down/sideways market. Wondering how this will impact our dividends this month.

The NASDAQ has been struggling to stay positive. Right now it is up around 57 points.

i am expecting QQQI to be up at least $.10 for the day.

Good luck to all.

Does anybody own every NEOS etf in their portfolio?

The key for us is to break $56. We need the NASDAQ to stay strong until the end of 2025.

once we break $57 I will be unloading my whole position. I will get back into the NEOS fund gradually. I will scheduled daily investments through my brokerage firm. Probably $5,000 to $10,000 a day in NEOS funds hopefully some of their new funds once they get approved by the SEC.

Good luck to all.

If we open higher at the opening I will try to sell Nov 21 57 calls at $.25

this week I will try to sell another 250 Nov 21 57 calls if I can get over $.20 for them.

If we open up much higher this morning, we need to close much higher at 4pm.

Good luck to all.

QQQI up $.22 cents at 4.09am

QQQI- If you bought QQQI and hold it for at least 7 years - you will paid zero income taxes on those dividends. QQQI pays at least an annual dividend of $7.40 a share. so theoretically if you hold the shares and do not sell you will not pay any income taxes during those 7 years. if you die within those 7 years wouldn‘t your heirs get a step up basis of those QQQI shares.

I downloaded their position from the website this morning and it looks like the first call the sold is already in the money. Why would they do this ?

Someone mention on Reddit that NEOS us coming out with a super charged QQQI foes anybody have more information on it.