Analysis: JEPI vs JEPQ. I simulated a $500k portfolio to quantify the impact of Ordinary Income and NAV Erosion over 20 years.

Original Reddit comment

The author recommends buying SPYI and QQQI and holding them to avoid tax drag, eventually producing long-term capital gains when cost basis reaches zero.

SPYI — LONG The author argues investors should buy NEOS S&P 500 High Income ETF (SPYI) to avoid tax drag. Holding the fund without selling allows distributions to reduce cost basis, and once basis reaches zero subsequent gains are taxed as long-term capital gains.

This is why you buy spyi and QQQi to avoid the tax drag. You buy these and never sell and when your cost basis hits 0 it's long term capital gains.

QQQI — LONG The author argues investors should buy NEOS Nasdaq-100 High Income ETF (QQQI) to avoid tax drag. Holding the fund without selling allows distributions to reduce cost basis, and once basis reaches zero subsequent gains are taxed as long-term capital gains.

This is why you buy spyi and QQQi to avoid the tax drag. You buy these and never sell and when your cost basis hits 0 it's long term capital gains.