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Owned by Steve

Income investing with ETFs — covered calls, dividends & real portfolio strategies. Build wealth on your terms.

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16 contributions to The Wealth Building Collective
Hi there
Hi there I am a complete beginner when it comes to investing. I am starting my journey pretty much now and I'm very interested in investing in ETF's. I have a very small amount invested in crypto and hope to learn from those who have been there and done it.
0 likes • 12h
That sounds excellent Garry. What type of ETFs are you looking for? As in growth, dividends, or income. What are your goals? Starting investing can be hard, but if you have goals it can help for your future self. We are here to help and grow together. Looking forward to learning and being on this journey with you.
Interview With Troy Cates
Hey Guys, I am doing an interview with Troy Cates tomorrow on NEOS ETFs. The ETFs we will be talking will be MLPI, IAUI, and IYRI. If you have any questions for Troy, I will see if I can throw those in. Leave them in the comments. The interview will be out probably next week.
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Quick poll: where are you in your income ETF journey?
Where are you right now?
Poll
1 member has voted
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Portfolio Check-in of the week
What's in your income sleeve right now? Time for a check-in. I'll share mine, you share yours. My current Portfolio sleeve: → VTI — US total Stock Market → QQQI — Nasdaq covered call, higher volatility, higher distribution → VGT — Tech → VXUS - Internation → SMH - Semiconductors → QQQM - Nasdaq 100 → SCHD - Dividends What I'm watching: how VGT's stock split tomorrow Your turn — what's in your portfolio right now? Share: šŸ“Œ Your current holdings šŸ“Œ One thing you're watching closely Any changes you made (or are considering) this month No judgment here — we're all building. Share where you're at.
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Pure Income Portfolio
Retired last year (65) and my wife (58) is retiring in one month. We're in the process of selling our home and will rent in the next 2-3 years as we wait for our youngest to finish college. Attached is a test portfolio investing some of the cash from the sale of our home. Portfolio Lab in Snowball Analytics shows $500,000 invested in this portfolio will earn $6000+ in monthly income. I understand this is a higher risk covered call etf portfolio strategy, purpose is pure income as we have much more diversified assets invested in other portfolios. Dividends will not be reinvested as we want the income to offset rent and expenses but also thinking of reinvesting some of the dividends as ETFs fall 1-2% below initial investment. Looking for feedback/suggestions.
Pure Income Portfolio
0 likes • 3d
@John Logan I know what 1256 contracts are. Troy Cates and I talked about them together. Thank you for giving the full breakdown. With a 1256, you must be selling options on an index like the SPX, NDX, or the RUT. It can't be used for individual stocks or ETFs.
0 likes • 3d
@John Logan Thanks John! That is some good useful information. I am glad to see JPM doing something different than the ELNs.
1-10 of 16
Steve Cummings
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14points to level up
@steve-cummings-7995
For the last nine years, I have studied, invested, asked questions from early retirees, and learned as much as I can about investing and saving.

Active 12h ago
Joined Nov 10, 2025
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