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Podcast: Collect Cash
Episode: Better Income ETF than JEPI? SPYI (12% Monthly Dividend Payments)
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NEOS SPYI S&P 500 High income ETF has received a lot of buzz lately, offering a 12% yield as an income ETF. Some are now saying this is even better than SCHD or JEPI. However, one thing that sets this income ETF apart from others is that it also buys SPX index options, which may provide the chance for upside potential when the stock market does well. I explain why I think this may not be the best idea.
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