Here’s My Portfolio Breakdown: See Every Holding!

[@Income_Architect]

Seeking Alpha is a sale. Sequence of returns risk: retireone.com/sequence-of-returns-risk/ Join this channel to get access to perks: kzbin.info/door/sc8a4xcOfGiwR4Bu8UZWMQjoin Buy me a Sweet Tea:👉 ko-fi.com/incomearchitect Income Factory Book 👉 amzn.to/3ZCzp1p Affiliate link Seeking Alpha 👉 www.seekingalpha.link/3RJ5GCX/2QZRGT/ Link to the channel: 👉 www.youtube.com/@Income_Architect?sub_confirmation=1

[@indestructibleTank]

HONESTLY THE BEST INVESTING KZbinR ON THE SITE. KEEP UP THE GOOD WORK AND AWESOME VIDEOS. sorry for all caps but wish you many of millions of subs and good health and all. keep it up brad you are a gem.

[@Income_Architect]

Thanks

[@jintz2]

Brad, you’re our Fun(d) Manager!

[@Income_Architect]

lol. 😂. Looking good so far.

[@FooHawk]

Haha, nicely done.

[@pigsgobroke9889]

I love the fact you watch your risk! Something people don’t do at all time highs

[@Income_Architect]

100% risk is important.

[@RubenAlicea]

Thanks for the video plz don't stop making videos ignore the trolls

[@Income_Architect]

All good on my side. Still having fun. 🤩

[@shanikeith5926]

Yes please, would definitely enjoy a YieldMax momentum vidoe!! Also, please keep us posted about SPYT & GIAX and ROC. Thanks Brad 🌟

[@Income_Architect]

Sure thing. I think that would be a great video series. Not boring 🥱. Watch those two funds. They just appear not to be making the 2% needed to distribute what they do.

[@TvManAntennas]

Thanks Brad. Greetings from AUSTRALIA. I have been spending about 4-6 hours a day, researching stocks from Aussie and USA. i have started to invest heavily now. Started in feb 2023, i hit the 1st $100k mark in june this year. Invested it all into my retirement fund SMSF, like your IRA, and purchased industrial land with it.. Now i am already at $85k of my 2nd $100k, working my own business. I get up very early, or stay up late to see / trade US stocks because of my time difference. Your videos are a god send. I get so much info to look at and research, and so many shares i get to pick from, that i would never have found, or even knew about. Even my Accountant, and my Lawyer, both have trouble keeping up with my trades. I have to say, This video IS THE BEST. Also did i say it was THE BEST. Because of my business, and long hours. i now invest about 60-80% of my income / profits each week. Yours videos all hit my Safe & Long Term pillar. About 33%. i have the rest split into Growth, the balance in High Yield, while trying to stop NAV erosion. Thanks From Australia.

[@Income_Architect]

Great. Thanks for sharing. This find might be one to get into or might be one to avoid. Time will tell.

[@ronfriedman-y4e]

You are the shining star on KZbin. Keep going.

[@Income_Architect]

No other hobbies 👍

[@bruceholmes4006]

Really like your content. Please keep it up.

[@Income_Architect]

Thanks, will do!

[@howardmendelsohn8355]

Truly enjoy your videos. They are so helpful for finding ideas for new investments for me.

[@Income_Architect]

Glad they are helpful.

[@radiantcarpets]

Thanks for sharing your holdings, Hamburger. I was looking for more diversification ideas and you came through.

[@Income_Architect]

Glad it was helpful! Spread those eggs out a little.

[@ianuush]

love these videos brad!!

[@Income_Architect]

No problem. I was a little late this month.

[@ruux]

Hi Brad, thank you for sharing, very nice portfolio. Look forward to more of your videos.

[@Income_Architect]

5 times a week

[@jamesmags]

That chart about retiring during a bear market is so powerful. I started building my portfolio a couple years ago. Conventional wisdom said to dump everything in an S&P 500 index fund and call it a day. I did that for a while but that strategy never sat right with me. Build up a nest egg, stop working, take out 4% each year, and cross your fingers that you die before you run out of money? So glad I discovered income investing!

[@Income_Architect]

100%. If it wasn’t for charts like that one I would hold schd, voo and qqqm with the hopes my money doesn’t run out.

[@DanteLane-g8h]

​@@Income_Architecthow do you find distribution rates

[@Income_Architect]

Seeking Alpha or the funds website. I prefer Seeking Alpha as it keeps it all from one source.

[@srinip825]

Thanks Brad. Are there any CC ETFs that do well in case of market pullback ? Thanks

[@Income_Architect]

I have to ask what are you talking about? A CC is a bearish move not a bullish move. They all should preform better than their underlying asset. Now if you want some pull pack protection for some reason in which I don’t understand try looking at NUSI and give up the 5 to 6% of the distributions of QQQI.

[@susancourtney882]

Love the sound advice!😊

[@Income_Architect]

Glad you liked it!!

[@sweetdividends]

I like how the alternative funds table was aligned in an alternative manner. All the other tables are center aligned, but the alternative table was like “ I’m all alternative and stuff, so I’m going left aligned”. And I like your soapbox, i feel like my posture improves when I’m getting a stern talking too. Like I’m in the principles office and I better sit up and listen, ha

[@Income_Architect]

Well now I have tears 😭. I will start doing stuff like that just so you can see it. I’m fighting off all the questions. I need to add one more and maybe the little questions get answered so I don’t have to type them out.

[@mikeconnell698]

Thanks for sharing this. Much appreciated! FWIW, I had RIV for a long time but dropped it. They do a lot of rights offerings. They cut the dividend nearly 25% in Jan '23. It just didn't appeal to me after these happenings. I stay away from it. I made a rule that if I'm in a fund and the dividend varies 25%, then I'm just not that interested. A bit of variability is fine, but 25% seems to be my limit.

[@Income_Architect]

Might be a great rule. That explains the flat line in 2023 on total returns

[@mikeconnell698]

@@Income_Architect One other issue worth mentioning. RIV is a fund of funds. It holds underlying funds which use leverage. It adds an additional 32% leverage. Thats leverage on leverage. At that magnitude of leverage, its a pass.

[@ophirmayer1]

Thanks for sharing and explaining!! One question though : some of the funds your hold have insane expense ratios, like bizd. Is that worth it?

[@Income_Architect]

I have already answered this question more than once on this video so sorry that I get a little short about the issues. Due to the SEC rules they must report the expenses of each of the funds that they own. Per the SEC rule. You need to look at their management fee not the SEC mandatory expenses ratio. The actual management fee is 0.40 with other as 0.41. This link explains the rules and how it works. www.vaneck.com/vaneck-vectors-bdc-income-etf-bizd-acquired-fund-fees-expenses-pdf/

[@jasonstupak4535]

Appreciate these portfolio videos, thanks Brad.

[@Income_Architect]

No problem. 😉

[@cmurill]

Brad How much cash in MM accounts do you have? Nice video

[@Income_Architect]

@cmurill currently NONE OMG. Why have your money in MM account or CDs. You might want to look at JAAA, JBBB, CLOZ to name a few alternatives to letting them pay you for the MM account so they can invest in JAAA and JBBB and make money on your money. I can wait the T+1 to get to my money and if I waiting to buy something I can trade on the same day

[@cmurill]

@@Income_Architect Thanks

[@sdrs95a]

Glad to see you bought my CLOZ.

[@Income_Architect]

Glad that people pointed it out to me. I might have found it over time but there are so many funds.

[@larryglobus3596]

Thanks for your videos. They are always very informative, level-headed and very helpful. I subscribed almost immediately, and cancelled all my other subscriptions to the channels of other disrespectful youtubers (big database company name here... ).

[@Income_Architect]

Welcome aboard!

[@bradfoutz]

Can't wait for the book! good luck!

[@Income_Architect]

Slow progress but doing it in my spare time

[@ROCO-n5r]

You are so professional. Thank you very much indeed.

[@Income_Architect]

You are very welcome

[@robertsmith6408]

I got to get a JOB to make 3500 for my two quarters i need for my SS. I never paid SS when i worked for the gov for 32 years. Getting a job makes me dizzy, I have not worked for five years!

[@Income_Architect]

I don’t think I could go back to work now.

[@RichardAkin-qj6xt]

I like JEPQ and NUSI as well.

[@Income_Architect]

Nothing wrong with either fund. NUSI that downside protection is so far down for me to give up 5 to 6% income. But that’s why there are different funds for everyone.

[@RichardAkin-qj6xt]

@Income_Architect NUSI was beating out a lot of similar funds on "stock analysis," so I started a small position. Thanks for the reply 👍

[@Income_Architect]

@RichardAkin-qj6xt. It does on total returns. But it is always about your goals not mine.

[@salvatorerannazzisi8127]

Once again awesome video thanks for sharing

[@Income_Architect]

Thanks for watching!

[@cmartin3711]

Great Breakdown, Brad. I did also notice you got rid of WDI from the last one. Thanks for sharing your thoughts on the changes!

[@Income_Architect]

Thanks, you too! Correct. Weeded out the funds. Will slowly build it out to 35 to 45. WDI nothing wrong with it but wanted to focus on the main 5 pillars.

[@cmartin3711]

@@Income_Architect Makes Sense.

[@robertsmith6408]

Great portfolio! What about BIGY? I know SPYI is a great fund too but its just another steady eddie, which means it gives good divs each month but the share price kind of stays the same over the years. It would seem that BIGY would be a better long term steady eddie with 12 percent div, but this fund could move out of my steady eddies into my grandpa funds. BIGY is also built for capitol growth. In other words 10 years down the line SPYI will probably be within a few dollars what it is now but BIGY can have tremendous capitol growth and then DRIP all the divs back in I imagine a 100,000 investment can easily turn into 500,000 in 10 years.

[@Income_Architect]

That was last months portfolio. I looked at BIGY. Unproven YM fund that they have to prove they are in with long term. Same with SOXY. Is BIGY as steady fund? No distribution and nothing to say it is or is not. They have yet to provide anything to say they are in the game. I will tell you exactly what Jay said to me off camera. Only YM fund he could see recommending to retire people is YMAX. OMG right out of the fund managers mouth. He said that on GIAX interview when we stopped recording. So the answer is no until we see several months of distributions.

[@robertsmith6408]

@@Income_Architect agree, we shall see on declaration date, 1-7. I am heavily in YMAX, MSTY,CONY, NVDY and TSLY. Also have FEPI, AIPI, RDTE, AMDY, QDTE, GOF and JEPQ as my steady eddies. Grandpa funds I have SCHD and Blackrock. I would love to add BIGY to my grandpa funds with full DRIP! Happy New Year!

[@Income_Architect]

I should do a video on GOF. I am sure many have not heard of that one.

[@robertsmith6408]

@@Income_Architect yup its a main stay with seasoned div investors. Been around for over a decade and consistent with div of around 14.29 percent or 0.1816. Its a solid steady eddie with not much capitol appreciation but pretty steady. I am making such bank off of MSTY that i switched it to 100 percent drip, so it should grow pretty fast. PDI is also a good steady eddie, but the fee is kind of high. Its like i tell all investors with these funds always try to put some back into the fund to make it grow, or as we call it feeding the pig! Agree on BIGY we shall see. Also i have my radar on FEAT and FIVY. They could also turn out to be steady eddies with some capitol growth. Fun fact, Guggenheim died on the Titanic!

[@bambooblessings]

I understand the $500,000+ portfolio generates income primarily from the covered calls pillar. Where do you get the funds for the other pillar of stocks? So you have more than a 500000+$ portfolio? Great work.

[@Income_Architect]

I have 5 pillars. Preferred stocks, CLO funds, Covered calls, BDC, and Alternatives (Bonds, Now REITS and BTC). I listed them out. Just for reference my portfolio is making 15.2% on a weighted average. Taking 8%. So you can scale it to what every amount of money you have. 500K should be able to produce over 75K a year but you want to live on 40K. Taking more the 8% raises the risk. 10% is pushing it. Even if the portfolio is producing 75K.

[@ΓΙΩΡΓΟΣΜΠΕΘΑΝΗΣ]

Hello from Greece, i am buying qdte for 2 months now.

[@Income_Architect]

Very nice. QDTE is doing well in their payments.

[@angelabarnett4972]

EXCELLENT. LOVE LISTENING TO YOUR PODCASTS!!!!

[@Income_Architect]

Thanks for listening

[@matney12]

I really enjoy your content. Can you please tell me the tax consequence of your portfolio?

[@Income_Architect]

I start out saying this is in tax deferred account to 100% avoid these comments. Please seek a tax advisor.

[@decades2550]

Thoughts on BITO or BITX?

[@Income_Architect]

Not huge fan of BITO. Maxi, ybit, even BTCI are better plays IMO. Now BITX is like my MSTU short term play on upside. As the leverage resets daily.

[@apip6387]

Nice video. Too many covered call/income etfs and difficult to check out all details. So please do videos with details. I see income factory book there. I am thinking of following that method. Would you buy tyese etfs in taxable account for income? I am confused about taxes in taxable brokerage. Like o dte fund..might be better for tax purpose as i do spx options myself, but cant do 0 dte spx very well.

[@Income_Architect]

All the NEOS funds are tax efficient. The other funds not so much.

[@joaom.4944]

You are an inYou are an inspiration!

[@joaom.4944]

Greetings from Brazil!

[@Income_Architect]

Thank you

[@Income_Architect]

Thank you

[@Eflow1906]

my portfolio's foundation is closed funds. i have most that you mentioned. i also have EOS, it has worked well for me.

[@Income_Architect]

EOS is a great fund long track record.

[@wolfe5047]

I own MSTY, CONY, ULTY, NVDY, and AMZY but I don't need the income to fund my retirement so just reinvest the distributions.

[@Income_Architect]

Lets see how ULTY does but so far not very impressive. The others are doing well your style. Thanks for sharing.

[@wolfe5047]

@@Income_Architect Yes I almost sold all of the ULTY but my cost is only 10.53 and the last 2 months it seems to be holding the nav better.

[@dougmiller2937]

Thanks for making investing fun.

[@Income_Architect]

Any time! Never boring. 🥱. A little speculative bet here and they also helps from getting bored.

[@TobySchnoodle]

Get a few shares of LTCN and BCHG.

[@Income_Architect]

Little Grayscale. Well its all about your thought on crypto right now. Could be great could go to zero. But I will tend to go to the great side.

[@BillCarrozza-h3k]

Do you think it's too late to get into MSTY for a long term play? What is the potential longterm upside to MSTR? This is a crazy time to be alive.

[@Income_Architect]

Not really he has more to spend and the cycle is just getting started.

[@everlastingarms3065]

Wow, I counted 39 funds. That's a bit... severe. I'd never be able to track that many. Got too many other things I'm doing in retirement. FWIW, I'm also almost all in tax-deferred IRAs. I'm in eight low-cost index funds that cover the broad (large cap/small cap/growth/value) market, and three bond funds that cover shorts, intermediates & tips, and 4+ years of spending in CDs for safety. And social security won't even kick in for another two years. Retired almost 3 years, averaging over 8.3% the last 16 years, right around 10% the past 8. I'm not trying to beat the market either, just stay with it pretty much. I'm going to investigate all of these funds you mentioned to see what their returns have been, but... What am I missing by keeping it simple? (And some say I'm in too many funds & should simplify lol.)

[@Income_Architect]

Steven from the income factory has 82 funds. So mine is not that bad. Seeking Alpha makes it simple for me. It takes a few minutes a day to look and go or study as much as I want. I prefer the look-and-go method myself.

[@fredrickthegreat3895]

Read the sequence of returns article, sou ds like a case for laddering MYGAs. Your thoughts?

[@Income_Architect]

This is not new and goes back to the 4% rule in 1994. All this new stuff is flashy. Income Factory was been doing this for over a decade. I will stay with the tried and true methods of the income factory.

[@Returnofthejedi2000]

Great video…you are correct once again…I have looked over the years many different ways to invest and have the desired outcome and which is best …growth,dividend growth.high yield…and now ultra high yield…with many years of experience these new funds outperform any from the past …the numbers are numbers I have 18 months of investing in these funds…the projections over the next 25 years are off the charts…take care Brad…

[@Income_Architect]

25 years is a long time to go. A little more risk if I was younger and a lot less risk as I need the money.

[@soundsnags2001]

Bro is wicked sassy

[@Income_Architect]

Thanks for watching.

[@jonathanfoster2263]

I'm only in the early stages of my retirement. I am 60 and I am also %100 in tax defferred for my income portfolio. I have a much smaller Roth account that is just sitting with an S&P 500 index fund. I have a mix of CC ETF's BDC's REIT's and CEF's for income generation. My yield is around %12

[@Income_Architect]

So it sounds a lot like myself. I don’t hold a lot of REiTs but our total yield is very close. My Roth is much smaller than my IRA so I feel the same pain. Thanks for sharing.

[@Income_Architect]

Sounds like mine also. Don’t hold a lot of REITs and my Roth is much smaller than my IRA.

[@TobySchnoodle]

Thanks for sharing

[@Income_Architect]

My pleasure

[@decades2550]

Congrats on the retirement

[@Income_Architect]

Thanks.

[@jkutchma]

Sometime in the near future, YieldMax will be coming out with targeted 12% payers ETF's. Much like the NEOS funds. BIGY is one I'm particularly interested in. It will contain 50 of the S&P biggest stocks and will write calls against them I believe.

[@Income_Architect]

They have one also on the QQQ. I will wait to see what it is and how it works beforehand. Might be interesting and it might be just hype. Looking for total returns and total returns- 8%. Right now all XDTE, TSPY and ISPY are beating the underlying. Going to be hard to jump to a fund not beating the underlying.

[@fredrickthegreat3895]

I own CLOZ, and want to get some more. The NAV has been rising a lot. When do you think it is a good entry point pre ex-dividend or right after?

[@Income_Architect]

Hard to say I like taking it after the ex-div date. But that is personal preference.

[@silentsleeper]

no more TLTW? what’s was the rationale for that?

[@Income_Architect]

Inflation. All indicators are pointing to higher inflation. The markets are saying Powell is wrong about inflation. Until we see the markets for the 30 year start indicating inflation and hyperinflation are not coming then maybe it’s a good one but it really appears hyperinflation is not that far away from everything I have been looking at.

[@silentsleeper]

@ ahh got it, thanks for you replying. they should have an inflation fund lol

[@GordonGavin]

Brad, what is your bridge until you can tap the tax advantaged accounts?

[@Income_Architect]

None. I was going to wait until 59.5 but I don’t have to and pay the penalty. Still have more then enough to retire early. I do domicile in a tax free state so the 10% is less painful due to no state taxes.

[@angelabarnett4972]

@@Income_Architect -I pay the penalty as well. One must also remember they are no longer paying FICA taxes of 7.65% thru payroll after retirement. Your freedom is absolutely worth it!

[@Income_Architect]

Going to a state with no income tax helps also.

[@frankvullo-f3g]

SYLVIA from defiance was just on fox business pumping PLTR and NVDA as her picks probably time to short after seeing how she does with her funds. Of course, no mention of her etfs lol

[@Income_Architect]

LOL that's funny.

[@jkutchma]

Hi Brad, Are you worried about ROC with SPYT? Thanks

[@Income_Architect]

100% I think it’s a little high in destructive ROC. Did not want to drop them completely but see how they do over time just taking risk off the table or trying to take risk off the table.

[@HateDietPepsi]

You ever sell covered calls on some of your holdings that offer options for extra income?

[@Income_Architect]

I did that in past. At this time it’s a no. But as I tried to grow my account yes. I rather read a book or make a video than write calls.

[@fredrickthegreat3895]

Do you trade any covered calls, or just invest in the EFTs?

[@Income_Architect]

I did my own covered calls for years. I am out of the did I make the right call sweeting it out. Now I get to talk smack when some else makes a bad call.

[@MrMikeInfo]

RLTY has a very high yield. Isn’t it destructive ROC?

[@Income_Architect]

You don’t have to invest in it. You provide no data show that it did not have total coverage. I am unsure of your question if it has total coverage. It is up so how is that destructive.

[@jeankinnear8855]

Do you have any suggestions for us Canadians to find similar investments in Canada. I have cc's already. Where to start?

[@Income_Architect]

I do not follow the Canada market. My understanding is that you limited CEF. Best place to look is for an ETF that focuses on BBB/BB tranches or BDC.

[@lghbtsl]

Honest question: Could you please educate me on why PBDC has an expense ratio at almost 14% and is still a good choice?

[@Income_Architect]

OMG twice today. Its like everyone doesn't understand. When your a fund of funds the SEC makes you include the funds expenses. So Arcc has and expense add that to you 0.75 management fee. CSWC has a management fee add that one to the total. So on and so on. Every expense of each of the other funds has to be totaled in. There fee in 0.75. Same with PFCC same with BIZD. Hope this explains the SEC rule. I need to find a website to just send people to other then me having to explain this every day.

[@lghbtsl]

@@Income_Architect I'm new at this and asking fundamental questions is more important to me than not knowing. Thanks.

[@Income_Architect]

Here is the article this is same for BIZD, PFCC and PBDC: Sorry I spend hours a day answering the same questions: www.vaneck.com/us/en/bizd-acquired-fund-fees-expenses.pdf I will make a video on it so I can just copy the link and not spend hours answering the same questions. You can see my frustration of answer the same thing over and over again.

[@lghbtsl]

@@Income_Architect welcome to the life of a professor/educator! 😅

[@Income_Architect]

hope that helped.

[@edbrandt8972]

Great idea for a recurring video. And thanks for being a trailblazer for the rest of us. Too many Y-tubers only focus on the CC ETFS. I am seeing the wisdom in the separate pillars. Looking forward to the next one.

[@Income_Architect]

More to come! I love CC but there are other ways than CC to make it in retirement. 👍

[@michaelgordon3241]

See, I consider my portfolio my job..not retired yet...but I make just as much if not more working while saving on transportation,etc. Also,the taxes on unearned income arent has bad versus being officially self employed..up 100% on MSTY with 610 out of 745 remaining...And Im hedging with MSTZ For less than a $1/share, I figured I might as well slightly hedge my MSTY position. When it eventually comes down,cash flow on MSTY will be protected and MSTZ will go up 2x faster as MSTR goes down

[@Income_Architect]

It is a hedge.

[@mtoporovsky]

PDI ...NO cash to pay from...)

[@Income_Architect]

As you didn’t understand PFFA management fee. It appears you don’t understand PDI structure. Well each their own maybe one day I will explain it to everyone but for today you can start to do more research on CEF.

[@iantc1622]

I would appreciate if you would give us the percentage owned for each category.

[@Income_Architect]

Members get those numbers. As it is a much requested data point as well as the spreadsheets.

[@klister]

Hey Brad, what % of your portfolio do you hold in covered call ETFs? I’m struggling to figure out if I should be limiting what I hold in them.

[@Income_Architect]

Less than 30%.

[@tanju5465]

I’m not a fan of YieldMax ETFs, but they seem like a good way to generate income to support my other holdings, which I plan to live off. Let’s say I’m targeting a $1 million portfolio, and my current living expenses are $36,000 per year. If I invest $10,000 each in YMAX, NVDY, MSTY, ULTY, and CONY, they currently pay about $40,000 in dividends annually. My plan is to reinvest part of the dividends to maintain the core investment at $10,000 each and use the remaining income to invest in other funds. This approach could help me reach my target portfolio size more quickly. Does this make sense, or is it just an overly optimistic plan?😅

[@Income_Architect]

Not over optimistic. I would remove ULTY and go with one of the other movers that has momentum behind it. I will start doing a momentum portfolio. NVDY, MSTY, CONY, SQY, PYPY all make the cut right now. I was able to pick two funds out of the 4 pay weeks that had positive momentum. Might just need to do a video for that one.

[@jorgitodes8703]

@@Income_Architect Yes please do ! Nice stuff man!

[@mwallacewallace]

What do you think about Westwood Salient Enhanced Midstream Income ETF (MDST)?

[@Income_Architect]

I have no opinion. I do not have a team of researchers. I do not plan on researching every fund that shows up in the comments.

[@zz-jj9sc]

Never clicked and liked a video so fast. Thanks for sharing, and insight as always.

[@Income_Architect]

I appreciate that! Always nice to have a like and comment.

[@kazal70]

Why Both NEOS (SPYI & QQQI) and Goldman (GPIX & GPIQ) - aren't those same?

[@Income_Architect]

No they are not the same. One uses calls monthly 7 weeks out and one uses calls only 4 weeks out. NEOs rolls their calls 3 weeks before expiring. Goldman does not as they use swaps. Two different functions. One might work better than the other during different time periods due to their call writing.

[@bethhynes787]

I am coaching my 24 year old son to have a brokerage account in growth, work 401k in S&P and his Roth in an income factory model…..

[@Income_Architect]

One of the most important things we can do is teach them about finances as you know the school system does teach it to them.

[@JIKI2005]

BTCI released at a very good time. I bought a bunch of it when it started trading.

[@Income_Architect]

Yes is was good timing. I think having that little % of BTC will help hold the NAV long term. Only going to take my 8% and reinvest the rest.

[@jkutchma]

Hi Brad, Why did you trim GIAX down to 1%? Thanks

[@Income_Architect]

From the math I am seeing they are not make 2% per month as advertise. The appear to be closer to 1% per month. That means 12% of the distribution appears to be destructive ROC. We are catching during massive bull run and it is covering up that really they are just giving you your money back for a large %. I will go with something less destructive over time and safer then a high yield that gives me my money back.

[@jkutchma]

@@Income_Architect Did you trim SPYT due to same issue? Thanks

[@benflood1492]

​@@jkutchmaI'm curious as well

[@Income_Architect]

Yes trimmed them both until we see more data. Take a little risk off. Maybe it’s just a bad month or they’re not making their 0.1 on the spreads.

[@janoz06]

Thank you very much Brad

[@Income_Architect]

You are very welcome

[@mtoporovsky]

PFFA?! With such expances?)

[@Income_Architect]

Almost tired of explaining this to people that is a SEC rule. Management fee is 0.75.

[@mtoporovsky]

Sorry but if u open the full portfolio--better to add info about what ppl the most react) And SEC RULE do not understandable

[@Income_Architect]

article on why some of these expenses are high: www.vaneck.com/us/en/bizd-acquired-fund-fees-expenses.pdf

[@Income_Architect]

@mtoporovsky Please read this article. www.vaneck.com/us/en/bizd-acquired-fund-fees-expenses.pdf

[@Yieldthief]

Nice video brad!!! Was hoping to see your actual portfolio, that would have been good, so we can all see the total returns at face value.... dollar amounts 😊

[@Income_Architect]

I share percentages with members. I do not share all the dollars for entertainment. I will do a 500k video again as distributions come in.

[@Yieldthief]

@@Income_Architect awseome buddy sounds good 👊

[@FooHawk]

Maybe a cup of joe on me.

[@Income_Architect]

Thank you. We went out to coffee today.

[@FooHawk]

Got to be tax deferred

[@Income_Architect]

NEOS does not as it is almost all ROC. They also sell 1256 contracts that have special taxes. Now all of mine is in IRA and Roth.

[@mtoporovsky]

Gog bless

[@Income_Architect]

Bless

[@may-maytanymaytany_s3417]

❤🎉

[@Income_Architect]

Thanks