>Make atleast 500k from crypto>Put like 300k in QQQI>Retire super early making around 43k a year paying almost 0 taxesWhat's the hidden downside in this plan? I have around 80k in crypto right now, so I believe this is super doable.
>>60933366>QQQIretard
>>60933370For a covered call fund, where is the NAV erosion? It's up since inception, since April, and has followed the nasdaq by just a few percentage off. How is that retarded?
>>60933366lmao fucking idiot
>>60933370>>60933389This, you need at least 10 million to even consider retiring.
I say its a pretty sound strategy. Have monthly expenses covered by SPYI/QQQI/BTCI, but having anything that exceeds monthly expenses should be in non covered calls. Covered call taxes are deferred until you sell the underlying ETF. It basically just defers taxes you would have to pay if you sold capital gains (long term capital agains tax would be 0% fi its under 40k anyways though) 43k after tax annually is enough to live off everywhere except for SF,NYC, and Zurich
>>60933383>where is the NAV erosion?in inflationalso, the fund is new