u/14hammarby

I'm looking at total returns of SPYI, ie dividends reinvested and NAV movement, since its inception. Check out these two images, It underperforms SPY according to totalrealreturns.com . Is this accurate?

so my question is why not just hold SPY before retirement for more growth, and then convert to SPYI for income during retirement? Yes I know taxes on the SPY gains will drag during conversion, but I've done rough calculations and even in like a 20% tax bracket you'd still come out ahead doing this, for about 20 years before retirement. Has anyone done something liek this, or am I thinking about this wrong? Thanks for your advice

Not to be discouraging or anything. But I really tried options for four years and realized I'm just not good at it. Lost about 7k over those four years, I consider myself lucky that it was that and I didn't blow up my portfolio. I enjoy dividend investing and buy and hold more. The brain power it took for four years selling options just wasn't worth it for me. Maybe I'll be back to thetagang banging but the mental load is just too much for me and I want to do other stuff with my life. I like SPYI more hehe