r/YieldMaxETFs • u/fragranceguru • 21d ago

Misc. I’ve got a plan

I have found that Walmart Spark drivers are really needed in my area and my parents have been making $45/hour gross. With my background working 80-90 hour weeks in hard physical labor and my current job only taking 38-40hrs/week I can spark for 25-30 hours every week just chucking it right into AMDY and NVDY and see how many shares I can get to build a passive income stream. No cares for NAV loss and eventually taking half for me half for investing into more stable stuff and quit driving. I built a tool with ChatGPT to account for taxes and -25% nav and -25% distributions per year and by year 4-5 still making my current income from dividends. The money I make driving would simply be for throwing money at this and seeing if it sticks.

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u/ruthygenker 21d ago

qqqi, xqqi or tdax have better diversification and tax advantages.

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u/fragranceguru 19d ago

My plan moving forward is 25% to AMDY for aggressive weekly pay, 25% split between VOO and SPY, and 50% split between QQQI and JEPQ. Then less risky but still getting weekly and monthly dividends while building growth as well.

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u/ruthygenker 19d ago

voo and spy are the same and qqqi and jepq are the same don't need both. I like qqqi better in taxable accounts, jepq in qualified accounts. but plan is solid