In 2026, I will embark on a 52-week challenge to buy at least one share of $SPYI, the NEOS S&P 500 High Income ETF, each week. πβοΈ
What is $SPYI? This ETF targets high monthly income by employing a data-driven call option strategy on the S&P 500, while preserving exposure to the index for potential capital appreciation. It utilizes Section 1256 contracts for tax efficiency and maintains an expense ratio of 0.68%.
Who's with me? Brick by brick, we can build that income in 2026! π΅π΅π΅
Dividend Yield (12 Month Trailing): 11.7%
Dividends Per Year:
2022 - $1.89 (Inception Aug '22)
2023 - $5.79 (First Full Year)
2024 - $6.12 π’+6% YoY
#52weekSPYIchallenge
@BeardedTesla Just can't do the valuation. LOVE the company but yeah I'm gonna sit back on this one. May be a mistake, but id feel a lot better than half that. Love seeing the enthusiasm though!
@ChadMoran Should note though for minor things I've been just getting really good at the proper prompt to get the code I need. It's been super helpful and becoming a master at forming the prompt is critical.
@ChadMoran 100%. Though I don't use AI to code for me more of an assistant and checker. As Preston said above helps make me feel like I'm staying on top of my game. It has been helpful though!