Login

u/Life-Associate2353

▲ 0 r/NEOSETFs

QQQI

Are there any drawbacks in the below idea …

Sell all QQQI today (div payment date), buy JEPQ with those proceeds, hold till JEPQ Div payment date and the sell all JEPQ and buy QQQI with the proceeds and dividend received ?

Technically trying to capture two incomes with same principle and keep increasing the principal as the dividends get added ?

Any flaw or anything wrong in the above approach ? Since both are covering same underlying the market movement whether gain or loss is captured the same ?

Anyone tried above ? If so can you share lessons learned or drawbacks ?

reddit.com
u/Life-Associate2353 — 1 hour ago
▲ 48 r/NEOSETFs+1 crossposts

Net return 16%

Made heavy losses in Granite shares and yield max, booked losses last year and put that into QQQI, SPYI, IAUI, IYRI, IWMI and JEPQ, it is very relieving to see able to recover some.

u/Life-Associate2353 — 14 days ago