SPYI Squeezes 12% Yield from the S&P 500 (SPYI ETF)
NEOS' SPYI ETF uses covered call options to generate high income from the S&P 500 index. As I record this, it's paying a yield of just over 12%. Today's video explores the pros and cons of this innovative ETF fund, and how it compares to its competitors, XYLD and JEPI. If you like dividend investing, I hope you enjoy this discussion about the NEOS S&P 500 High Income ETF (SPYI).
➡️ My Favorite Dividend Tracker, Snowball: (Create a Free Account, and the 10% Discount will appear under "Subscribe"):
https://armchairincome.link/snow
➡️ My #1 Research Tool: Seeking Alpha ($30 Coupon +Free Trial): https://armchairincome.link/SeekingAlpha
✏️ LINKS FROM TODAY'S EPISODE:
Interview with Garrett Paolella:
• SPYI Reconsidered (12.03% Yield)
JEPI vs S&P 500 Update:
• What Happened to JEPI?
SPYI Tax Form:
https://neosfunds.com/wp-content/uplo...
Covered Call Guide:
https://www.globalxetfs.com/content/f...
=======================================
🤓 DETAILED INFORMATION:
✅ Seeking Alpha:
My #1 source of income investment information. I've been a subscriber for more than 6 years and my favorite feature is the collection of analysis articles for any given stock or fund.
https://www.sahg6dtr.com/R42XQZ/R74QP/
✅ Interactive Brokers:
If you're not a US Citizen or Resident, you can still invest in US stocks and funds using Interactive Brokers. They also provide currency exchange and access to other stock exchanges around the world.
https://armchairincome.link/ib
------------------------------------------------------
The information on this Youtube Channel and the resources available are for educational and informational purposes only and should not be construed as financial advice. Always do your own research before investing. Some links provided above may be associated with affiliate programs. If so, use of those links will not incur any additional cost to the user (and will, in many cases, provide a benefit to the user) and may result in a referral commission to this channel.
#armchairincome #seekingalpha #spyi #ad #neos #spyietf
Edited with Gling AI: https://bit.ly/46bGeYv