Why wouldn’t I park big chunks in QQQI and JEPI???

It's not that it's "too easy". It's that you're swapping upside for income, and people often underestimate that trade-off. There are other considerations (variable yield that can compress, still lots of market risk, ignoring total return in favor of income, some of your "income" is just your own capital, etc.).

Decay risk.

In a rising market, not so bad. In other markets, not very good.

I think this year will be their test case validation. I’m not sold on JEPI or SCHD. But, I’m closely tracking QQQI, JEPQ, and QDTE.

They historically underperform QQQ.

But, they’ve begun outperforming it the last six months. The real issue with them is that a market recovery is a coin toss.

If the market jumps quickly, months of outperformance will be negated immediately. If the market climbs slowly, these should continue to outperform …until you sell them to just hold QQQ.

JEPI limits upside so if the bulls start running again will not get all the upside

I have 2000 shares of QQQI and been happy with the dividends. I keep telling myself it is a high savings account with little expectation on growth as long as I don't lose value. I'm at 49$ a share. I like the tax implications of QQQI.

I do get nervous

QQQI is surprisingly tax efficient as the majority of the dividend is return of capital for ~7 years or so until your cost basis reaches 0.

I’m using it for extra income on a short term (3 years) deal where market fluctuations aren’t too much a worry. I’ll be dumping a larger amount of money, basically everything after Roth and monthly expenses ins QQQI. Qqqi does smooth out the swings of qqq.

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Decay risk.

In a rising market, not so bad. In other markets, not very good.

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Can you expound on this?

It seems to me like its the opposite for these products. They lag bull markets, outperform in choppy markets, and have slightly less downside in bear markets (or similar at worse).

But admittedly I haven't done a ton of research on this stuff.

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You're going to have a pretty big tax bill. All of these dividends are going to be taxed a regular income if it's a taxable account (it needs to be in a Roth).

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I believe these are structured in a way that you're only on the hook for capital gains tax on the dividends once you sell the underlying (assuming you hold over a year).