091 - Earn Big Dividends On Tech & AI With These Unknown ETFs

If YieldMax ETFs seem too risky with their synthetic holdings and NAV erosion, we totally get it. They’re not for everyone. 

We’ve found a sick alternative that actually holds the stocks they write options on. 

These yield between 20-30%, which is better than other popular covered call ETFs like JEPI and JEPQ. What’s also amazing is that you get a basket of stocks in the biggest macro trends right now - tech, AI, and crypto. 

We’ve had great success with these lesser known funds and now it’s time to share the details with you. 

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• FEPI
• AIPI
• CEPI

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Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.

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Transcript

Welcome to Roaming Returns, a podcast about generating a passive income with dividend stocks so you can secure your finances and liberate your life.If Yieldmax ETFs seem too risky with their synthetic holdings and NAB erosion, we totally get it. They're definitely not for everyone. We've found a sick alternative that actually holds the stocks they write options on.These yield between 20 and 30%, which is better than other popular covered call ETFs like JEPI and JEPQ. And we're a huge fan of JEPQ. What's also amazing is that you get a basket of stocks in the biggest macro trends right now.Tech, AI, crypto. We've had great success with these lesser known funds, and now it's time to share the details with you. Last week we mentioned we're gonna go over three possible investment vehicles to better your retirement.These are sweet. From REX shares, R-E-X shares. What they are basically, to sum up, we currently hold two of three.I mentioned a couple weeks ago, there's CEPI, which is the crypto one. I haven't gotten into that one as of yet. I'm waiting to see if the dividend is stable and consistent before I pull the trigger on that one.It only has paid out one dividend. So we're in two of the three of them. They are covered calls on stocks the ETF holds.Like if you heard us talk about Yieldmax's, Yieldmax, they actually just write options basically on options to do a synthetic position. They'll write an option above and then they'll short it and then that creates a synthetic position where they're actually holding as much money in the up as they do the down. So they actually are holding, quote, a synthetic position.What that means is they actually don't hold the stock, whereas these REX shares, they actually hold the stocks and they write covered calls on the stocks, which is, if you know anything about options, covered calls and covered puts are ways to actually generate income from the positions that you currently have. I'm not an expert on covered calls or we probably do them in our portfolio, but I just let them do all the work for me. If you're new here, these are new.If you're old here, you've heard me talk about these numerous times, so it all depends where you're at. The first thing we'll do is we'll actually address what exactly a covered call is. A covered call is an options trading strategy where you own shares of a stock, like Apple.You hold shares of Apple. What you do is you will write, you'll sell or write call options on Apple. Essentially, you're giving someone else the right to buy your shares at a specific price.So like the strike price is like the- A specific price. It's like the par price, like if you say, I have 100 shares of Apple that I'm willing to write a option, a covered call option on for 143. If it doesn't hit 143, you just collect the premium of that and you keep your shares.So basically what they're paying for is the opportunity to buy your shares if it hits a certain price. If it never hits a certain price, you collect the premium and that's how you generate income on it. So your objective, if you're, I guess if you're doing the covered call strategy for like these ETS, is you want to write a lot of options that are out of the money and hope there's people out there that think that something's gonna go down or up, depending on how it is.So basically, yeah. Basically, you're giving someone else the right to buy your shares. So if it hits the specific of the strike price or the par price, you actually have to sell them the 100 shares.That's why you actually have to be holding the position before you do an options because if you don't hold the position, you obviously can't sell them the shares. And we're not an expert on this. We haven't really dug into the options trading yet.There's three essential things for the covered call. The first one is the shares you have. The second's gonna be the price that you're willing to part with them at.Actually, there's four. The number of shares that you're going to have, normally it's in batches of 100. The specific price that you're willing to part with those at, which is the strike price.The third is an expiration date. These aren't just like open-ended. There's like a set period of time for the price to hit the thing.That's called the expiration date. And the fourth is the premium that you're willing to part, willing to collect to let them actually have your calls if it hits the price. Here's how they work, basically.I mean, we kind of went over it, but I actually have it broken down here, so I'm gonna just go over this because it looks pretty. Oh, pretty. First step, you have to own the underlying stock.This is crucial. You need to own the shares to cover the call option you're selling. If the buyer of your call option exercises their call, you're obligated to sell your shares to them.So you must own the underlying stock. The second, you're going to sell a call option. This means you receive a premium, a fee for taking on this obligation.We just mentioned that. Third thing, you're aiming for a neutral to slightly bullish market. Cover calls are most beneficial when you expect the stock price to either stay relatively flat, sideways trading's always best for income, or rise moderately.There are one huge problem with cover calls is it limits your upside potential. If the stock price rises significantly above the strike price, you'll be obligated to sell your shares at that strike price, no matter how high the actual price goes up. So if you say Apple at 143 and it shoots up to 170, you're not selling it for 170, you're selling it for 143, so you're missing out all that extra additional gain.The perk, the reason that I like them is they limit your downside protection. They're like a risk mitigation factor. The premium you receive from selling the call option acts as a buffer against potential losses if the stock price declines.So again, just like it does on the way up, on the way down, if you say Apple's going to be, you'll part with your shares at 109 and it shoots all the way down to like 80 some dollars, it doesn't matter, you're selling at 109. So just like the upside where it's a negative, on the downside it's positive. Sounds like you'd only want to do the down ones.Well, you try, but depending on the market. I know, I know, I know. If it's a bull market, the people aren't going to really.Yeah, I understand. This is why we leave it to the professionals of these funds. Now there's benefits to a cover call strategy.The first is it generates income. You earn the premium from selling the call option, which can provide additional income on top of any dividends you might receive from the stock. So if say you hold EPD, which has a 7% yield, if you write on the call option on your EPD shares, you can actually get up to like a 12 or 13% yield instead of the seven.So that's good because it's income on top if you're already gathering yield or whatever. Gathering yield? Yeah. The second benefit is risk management.Like we just said, the premium can help offset potential losses if the stock price falls. That's super huge because if you're in a volatile market, like 2025 is going to be, you never know what's going to go on at the market. You just want to have like a debt.You want to have a risk mitigation downside protection. That's why I like them. Most experts agree that these type of investments are suitable for neutral or slightly bullish markets.They can be profitable even in the stock price doesn't move. It doesn't move much or rises moderately. So you actually can make money on a bear market with covered calls if you know what you're doing.And probably the most important part to me is there's lower risk compared to other option strategies because you own the underlying stock, you have some protection against potential losses. Whereas if you're just doing synthetic calls, you have no like, there's basically no floor. Like it could go all the way to zero.Whereas if you're holding a good company like Apple, you know there's a floor of like 70 or $80. So simplistic thing is a covered call is a way to generate income from your stock holdings while also limiting your risk and potentially benefiting from moderate price increases. So that's- Got it, got it, got it.So we're going to go over three of them today. That was clear as mud for me. It's one of the reasons I wanted to get into option trading a lot more.The first one we've mentioned previously, I really like it. It's AIPI. Has a distribution rate of 34%. That means if it pays out the dividend that it's been paying out for 12 months, you'd be making 35% on it. What AIPI is awesome about, it provides exposure to leading AI firms within the, these things here don't really matter. It's basically just an index fund of AI leaders. It's called the BITA, AI Leaders Select Index. So like if you wanted to just do an index fund, you look for that and you'd have the same exposure that AIPI has. But what it does is it provides a strategic approach to artificial intelligence, which I really think 2025, 2026, and probably 27 and maybe 28 are going to be huge years for AI.So I like the fact that that's all they focus on, for real. Like when we get to it, you'll see. The BITA, AI Leaders Select Index Fund.There has to be a better name for that, I swear. The BITA? Just call it the BITA. The BITA, AI.The BITA. For you nerds that need to know like me, is a rules-based composite index that tracks the market performance of companies listed on recognized exchange based in the U.S. that are at the forefront of AI technologies. And that's key right there, forefront of AI tech.It's just a huge, long-winded way of saying the BITA, AI Leaders Select Index basically focuses on the forefront of AI technologies, whatever company is in. AIPI is rebalanced monthly and reconstituted quarterly. What does that mean? I have no idea.That's what they just say on the website. I know what the rebalanced part means. Reconstituted? If anyone knows, let me know because I have no idea.I mean, I know what the word- Reconstituted? That sounds like you're making like preserved jam or something. I mean, I know what reconstituted means in like English, but what it means in investing, I have no clue. Yeah, this is true.It does have usually different meanings. So basically AIPI holds 25 of the best AI stocks the market has to offer. And the top 10 are, like some of the top 10s are PLTR, Planeteer (Palantir). Which we freaking love. Which is up to like 112 now. Yeah, Tim nailed that. CRWD, which is Crowdsource, NVDA, which is NVIDIA, ARM, which is, I don't know, Arm, I guess, Meta, META, Amazon, AMZN, and Microsoft, MSFT. There's others, but those are like the- The big of the bigs. The big ones up top.So what it does is AI writes covered calls on each of these stocks, meaning you can make juicy monthly dividends from stocks that don't normally pay dividends. Or if they do, like NVIDIA's dividends like .02 or something like that. Itty bitty, itty bitty.So their dividends are caca. So you're actually making, with the premium, you're making a pretty good return on those companies. It's actively managed, which is essential.If it's not actually managed, you don't want it. Because that just means they'll just, like January 1st, they'll just put a bunch of stocks together and just let it go for the whole year. Sorry.So the fees they have for these actively managed funds are worth it when these dividends are as high as they are, for sure. And like what the objective is to seek capital appreciation and current income while maintaining the opportunity for exposure to the share price, i.e. the price, what the hell, i.e. the price returns. Basically, it wants to make income while actually having exposure to the share price increase.I mean, I don't know why they have to say this shit in Chinese, but. AIPI was introduced in June of 2024, and we've been in it pretty much since it came out. And since then has returned 16%.That's with dividends included. Most of the returns have been in the form of the monthly dividends, which range from $1.45 to $1.51. You see, so that's six, that's seven, eight, nine, 10, 11, 12, one, two. So it's eight months, and the dividend's been between $1.45 and $1.51. I like how tight that band is for the dividend.That's why I like AIPI. It's actually had seven dividends paid out for $10.34 so far. So that means if you bought it, when we bought it, you paid 48-ish around there.So you've already recovered 25% of your entry price just in dividend. I really like AIPI for two reasons. First, AI is going to be a banger for the next few years. Hells yeah. And as an actively managed fund, they should be able to navigate any pitfalls in any of the companies if there are any. And secondly, I love it because it yields 35%.As an income investor, I'm more focused on the income I'm generating from my investments than the capital appreciation or the capital depreciation, whichever, if that happens. So I like getting a 35% yield on companies that I would love to hold for the growth proponent, but I just can't afford them because they don't pay anything. Yeah, they just don't fit the strategy.So this is the best alternative to that, where you can sell it and look at the gains. The problem with it is PLTR, for example, went from $16 last year up to $112 right now. I guarantee you AIPI didn't actually capture all of that upside.They probably got maybe 60% of that upside. So there is upside limitations, but I'm okay with that if I'm getting 35% per year. And PLTR, as I'm going to the Schwab thing, ALPR I think is not even 10% of their total portfolio.We'll see here in a second. Schwabi? Schwabi. Okay.You'll see right now, it's currently trading at about $50 around there. That's after hours of 49.50. Go to the one-year chart. We got it over here where it was super high when it first came out, but whatever that is what it is.But you see starting in August, it's been kind of trading in a nice little band. So it'd be a good time to get into it because you're getting a dividend. And if you can get it at the lower part of one of these bands here, you're going to be able to get that price appreciation plus the dividend for that month.So that's pretty sick. And we're doing not so bad even with the fact that we got it up as high as we did. Yeah, we're up about 20% and that's with the dividends included.Nice. You see that it only has $267 million in total assets. I fully expect that to go up within the next couple of years because people are actually starting to catch on to these.These are pretty sick. Yeah. Now you see since its inception in June of 2024, it's returned 15.59%. So that's seven months that you could do like if you could compare that to the derivative income of the Morningstar, you're seeing that 17.5. But you see the difference there with the S&P as a whole.It's up like 25% over a year, whereas AIPI is only up like 16%. So you're missing out on 9% if you just did an index in S&P. But I'm okay with that because we've got like 27% dividend.So you tack on 20% to that and you've got 35 to 25. Now here's their top 10 holdings. You see Planeteer makes up 13% of the assets now, so they bought some more since I looked at this last.That was at 9.7%. Oh. Crowdsource is at 10.5. I obviously saw that Planeteer was taking the hell off. But you see like their application software, system software, semiconductors, IT, semiconductors, application softwares, like they literally are all about AI.That's all they care about. And these are the top 10 holdings they have, which you see is pretty sick. Planeteer, Crowd, Nvidia, IBM, Meta.What is that? Qualcomm. I don't know what the hell Qualcomm is. It's a semiconductor company. Synopsys? Synopsys. Yeah, that's the application software. Oh, I actually like that word.Cisco, Amazon. Here's what we came to see. Hit the show more there.Right there. You see, ever since it started, you see the dividend, 148, 147, 148, 147, 151, 149, 145. It's been a consistent band of dividends.I really like that about this one. That's really nice. If you guys have been in the Yieldmax and seeing that, those dividends are all over the freaking place.They are. This consistency is pretty freaking amazing, especially when you're on a monthly budget and you're expecting, and this is based off your share quality, so that's sick. I'm hoping CEPI does that.We'll get to CEPI in a couple minutes, but I'm hoping CEPI does that, but it's only had one dividend so far. So that's AIPI. I really like it.If you think AI is going to be something good and you want to make income off it as opposed to gross stocks that you have to sell, you might want to consider investing in AIPI. Again, they actually hold the shares of the company and they write options on them. I know Yieldmax has an AI Yieldmax, but they're doing synthetic calls.They're actually not actually holding the company, so there is no downside guarantee that the Yieldmax could go to zero. Okay, go to the Rex one again. Rexy.The second one we're going to talk about is the second one. This first one here, FEPI, which I've talked about numerous times. You see that its distribution rate is not near as high as the other two, but I'm okay with that.It's still 25%. I like it. FEPI provides exposure to leading tech firms within the FANG and Innovative Index.So this one is about- What is the FANG? The FANG is Facebook, Amazon, Netflix, Google. Is that what that stands for? Rawr. So this one provides tech, provides exposure to leading tech firms.Not necessarily associated with AI, but there's going to be some crossover. All right. The FANG and Innovative Index is equally weighted, includes 15 highly liquid stocks focused on building tomorrow's technology today, which a lot of those 15, again- Building tomorrow's technology today.There's going to be crossover amongst the AI and the tech, but whatever. FEPI, again, rebalances monthly and reconstitutes quarterly. I don't- Again, reconstitutes.I really feel like we're making gravy or something here. So what they do is they have an equal weighted distribution, whereas if you remember AIPI, we looked at, there was 13 in Planeteer and there was 10 in Crowdsource, and at the bottom it was like six or seven in Amazon. FEPI does, they just pick the fifth, they take all 15 of them and they do an equal distribution.So it's about 7 to 7.5% of all of them. So it has 7% in Planeteer, Netflix, Meta, Cram, CRM, Amazon, Adobe, Microsoft, Intel, Google, Apple, what is that, Advanced Micro something or another? AMD. AMD, Tesla, NVIDIA, Micron, and AVGO.So all those, it has equal distribution amongst all those. Proceeds from the call options in these stocks are invested in money market instruments to generate current monthly income. So whenever they get their premiums from writing options and all those, they dump them into the money markets and they actually generate their dividend distribution that way.So like treasuries and CDs and shit like that. So that's one way to do it. Like where's the other one? You just get the premium from AIPI.This one they actually have an intermediate thing where they siphon it into the, because sometimes the options expire before the, I guess that reconstitutes quarterly is what that means. Oh, okay. That would make sense.But it does, it gives you 25%, which is fine. FEPI was introduced in October of 2023 and has returned 26% since inception. So 13, 14% per year.Again you're not going to have the upside because of the cover call approach that the S&P did 22, 23% and FEPI is down here at like 13, 12, 13, 14%. Again I'm okay with that disparity because I'm getting monthly income every month. I'm okay with that.It's again your personal choice. Maybe you don't like that. That's fine. FEPI has paid 15 dividends ranging from $1.05 to $1.20. Again a nice tight band. Nice band. Over like 15 dividends, that's crazy.If you've looked into yield maxes you'll have one month you'll have like a 37, the next month you'll have like an 83. There's no consistent band. They're all over the place.So I like the consistency of this. It's paid a total of $15.69 in dividends per share since inception. Like I mentioned there's some crossover with AIPI and the stocks held, but I'm okay with that along with some of the crypto stocks we'll look at CEPI. I expect the big tech to keep humming along. So whatever. Okay I'll go into Schwab and go into FEPI now so we can pull that up so they can see how cool that looks.Yeah FEPI. Don't tell me what to do. Okay I'm just saying.I'll stick Rexy on you. Rexy. This one's $48.80. So again around $50.You see the range there. The 52 week range 44 to 57. That's actually a pretty nice tight range too for the most part.Yeah that looks pretty good. It's like a 20% difference is all. One year chart.We've held this since October. So we're way over here off the screen. So like had you bought this in August when there was a huge pullback.You see since August it did the same thing that AIPI did is a nice little tight band there. Yeah. Pretty sweet.It looks like it's consolidating. So I think it's either going to pop up or pop down. It's going to go down probably but we'll see.Most experts like you see this here market edge says avoid. Most experts don't like these type of things. They're scared of them.That's a good indicator for us to buy. This one doesn't have like you see the gross expense only 0.6 so you know they're not actually collecting a lot of fees in this one either. So it's cool.And this one has about double the amount of assets as the AIPI. So that's cool. I like that.16 holdings not 15. They must have picked something else up. It might be just their cash.Oh okay. I guess it's true. So one year it's 15.5 is the market price 15.8 the NAV whereas the again S&P was 25.So you're losing like 10% but you're making 26% in that one year in dividends. So you put that on top of that. That's 41 to 25.Most the S&P doesn't they actually don't collect very many dividends from S&P so maybe 2% from the dividends. Juicy. So you're making like 10 to 15% more.And you're diversifying. Total return. It's not really but yeah.But you are diversifying to some extent. I guess. But again you see Planeteer is 9.4 so that means at the end of February they're going to reallocate this and that's going to be back down to the 7 point whatever range.The reason that happens is Planeteer shot its face off. This is what happens in our portfolio all the time with Trinity and. But you see like this one doesn't have the other one was all AI stuff.This is application software, movies, media, application, retail, application, tech, semiconductors, media, system software. So like this see how there's a small difference but you see that it does have Microsoft. It does have Google.It does have Amazon. It does have Meta. It does have Planeteer. So like I said there is some crossover between them. But I'm okay with that. And you see down there like there's where all their options are.The Tesla option. That's fun. That's all their options.So that's like they're just writing options on all their holdings. It's nice. So then you go down to their dividends.Do this show more again. Says 28% dividend. Now it was 26 and I looked this up.But again look at how nice and tight that is from the very beginning all the way to the bottom. So you started at 115. It went up to 120 and then it like kind of consolidated there between like.116, 108, 107, 109, 107, 109, 108, 104. Yeah 105 to 120. I like it.I like how that 15 dividends there's only a 15 cent difference between the high and the low the dividend, the income you're getting. And that directly correlates when it actually had a higher price value to when it came down a little bit. So that's pretty sweet because you'd be able to get more shares so that probably would actually come out pretty well in your favor if you buy it when it's down further.And the third one. Rexy. Is the CEPI there on the far right.It says 42%. Again that's misleading because it's only had one dividend. So we won't know.It's only had one dividend. We won't know for like probably five more months. Yeah if it's consistent or not.If it's consistent. Well like I got into FEPI and AIPI as soon as they came out because I looked at the prospectus. How do you say it? Prospectus.Prospectus. And I liked what they were doing and I liked that they were holding the actual companies. And we like to take risks.And I knew AI was going to be a big one. I know crypto is going to be big for 2025 but I don't know beyond that. But we'll look at that in a minute to see what they're holding.Okay. CEPI provides exposure to companies that are actively engaged in crypto related activities within the BITA, B-I-T-A, Crypto Assets and Digital Payments Index. Again it's just a broad index fund of crypto assets and digital payments.Yeah. The BITA, Crypto Assets, blah, blah, blah, blah, blah holds 25 companies that are listed and recognized on exchanges based in the U.S. I believe CEPI actually holds the 25 that actually are in the BITA. I mean when I looked it up it was 25 but when I looked up the FEPI it was 15 instead of 16 or whatever it was.So I don't know. Some of the stocks that CEPI holds are Robinhood, Coinbase, NU, Visa, Mastercard, Monster or whatever that MSTR, it's like a semiconductor one. You sure that's not Monster? Yeah.Okay. TSM. Again the fund is actively managed which is awesome.It seeks the capital appreciation with current income. So this one actually says in its details that it's looking for capital appreciation. The other ones didn't say that.So I think their goal is that they're probably going to pay a smaller dividend down the road as long as their price keeps going up. They're trying to like, if you're familiar with when we talked about yield maxes we talked about NAV erosion where it started at 20 and then it had like a dollar to dollar dividend and it dropped down to like 19.25, 19.50 and it held there for a while then it had a dollar dividend and it dropped down to 18.50ish. Like the NAV erosion slowly brought the yield maxes down because there's nothing backing them up. It's like synthetic calls.Whereas these hold the company. So I think they're going to write their dividend, they're going to pay out their dividends accordingly to keep that capital appreciation at the bare minimum sideways but their goal is to actually have it go up. Yeah so this sounds like this is more of a sustainable type of setup but it's very similar to yield max but this is like a better improved.All of these are innovative like ETFs, they're freaking sweet. Okay, it was introduced in the December of 2024 so it's only been. The December.Been around for a little while now, what is that? Not even two months, maybe two months here in a week or two. And so far it's returned negative seven. I'm not worried about that because I haven't gotten into it yet.Yeah that usually happens with anything new. But I fully expect crypto to explode in 2025 and carry over into 2026 is the way we're going. So I think this one could be a potential to store your money in for 10 to 12 to 14 months and then reassess at that point.It's only paid out one dividend so far for $1.70. Before I can get into this and recommend people get into it, I need to make sure that $1.70 if it's doing like FEPI, AIPI, we're doing where it stays in a pretty tight band. We'll give you the green light, but as of right now we're going to take the hits for you. Okay, going to Schwaby so we can look at CEPI. I really like these. Like you can't tell like this is my excited voice. Yeah.Yeah. Again, this one's around the $50 again. So that's good that it's around there, that it's at $48.57 but it went up after hours.The left part doesn't count, the right part's all that matters in Schwab. That's at close. See that one year chart, it's been kind of, it was doing okay, then it dropped a lot.That was towards the end of the year. I don't know what that was about. Then it shot up after Trump was inaugurated, then it shot down.It's because crypto died at the end of the year, you don't remember? This chart is going to look a lot like how this is going to look throughout the year. Up and down, up and down, up and down. I'm hoping that it stays in that $46.75 to $51 range, but I can't guarantee that.I think it would probably... Well, if crypto's going to do what you say it's going to do, I imagine it's actually going to probably be in the $40 to $85 range, would be my guess. It's going to be a wider band than the other two. That's why this one's more volatile.Because crypto's still more volatile. And it only has 16 million in assets, you see how weak this, weak sauce this one is so far? It's because they don't have people buying in yet. Negative 6.79 since inception, so like again, this is brand new.But it's still brand new. It's a brand new baby. Not a lot of data.It's trying to learn how to walk. But do you see how fundamentally better Schwab is than most of the other brokerages? I can just click on all this stuff. It's just all at a click away.And that's huge when you do as much research as Tim does. Okay, scroll down. This one seems to be equal-ish, but you see here it's Robinhood, New Holdings, Visa, MasterCard, Micron, Coinbase, Taiwan Semiconductor, MicroStrategy, oh, MicroStrategy, okay. CleanSpark and Interactive Brokers, which is another brokerage account. It's invested in Interactive Brokers. Interesting.Yeah, so this is all crypto-related stuff, whether it be like the exchanges or the ones that give them like the semiconductors to process the payments on the exchanges, whatever it might be. Only had one dividend so far. It was 170, so it is what it is.But again, this one I'm going to keep my eye on. If I like it, in a few months' time, I'll actually totally make it just a mention in a podcast and it'll be in the email for sure. It'll be like, green light guys, go.We bought FEPI in May of 2024 for 5,372. If you remember when we looked at that chart, it was up a lot, so we actually overpaid. But we've got 993 in dividends so far.Our total return thus far is 13%, which is not terrible, but we only have- Considering as high as we bought, it's not bad. We have what, three more months to collect dividends. I fully expect that to be around 20% by the time it's done.We've been dripping since the start, and I will continue to drip on this one. Once we get on the road, I think I'll probably turn the drip off at that point, but it is what it is. We'll probably be collecting about $100, $120 of our 2,000 for our fund for living when we're driving around in the van is going to come from FEPI This one's going to be a good one. We bought AIPI in November of 2024 for 5046, and we've collected 294 in dividends thus far from AIPI. So our total return is only 5%, but again, this one's going to be, we'll be just fine towards the end of the year.I will revisit it, but I fully expect it to be 20% to 30% gain. We invested 8,000, so we did 7.5% of our total portfolios in these two. We put 4,000 each into FEPI and AIPI, and we'll be making 210.We're making 119 a month now, or no, wait, no, wait, let me rephrase that. We invested 8,000, and we're making $210 on that 8,000 down the road. So what I'm going to do, I have a plan in place.If you're interested how we're going to afford the road and how you could afford early retirement or to travel more, we're going to basically put $40,000 across FEPI, AIPI, USLY, YMAX, CONY, and NVDY, and we'll be able to fully fund our travels, early retirement with only $40,000 invested in each of that, meaning that less than 30% of our total portfolio will pay for all of our fund, and the remaining 70% can continue to compound for future endeavors. And picking up that safety, so that in case something happens to these high payers or they drop or something, we have something to fall back on. So that's the plan.So what this is actually, why I mentioned that is this shows that if you get creative and take a little bit of risk, because these aren't that risky as opposed to the YMAX stuff, they're way more risky than the REX Share stuff. You can retire way earlier than anticipated. I'm not suggesting you put all of your money into these riskier assets, but like a third of your portfolio would be fine.Even though, if you are super risky, you definitely want to do that like I do. We have another video coming out here about the CONY base thing. I was going to say, we have, you just mentioned CONY is part of our strategy.Scroll down. We already have crap ton in CONY. Scroll down.I'm going. Slow your roll, bro. You see FEPI is in our portfolio.They're the very top one. We have 4,602. It says we have a negative or a $49 gain, which is false, but it is what it is.And you see AIPI is the second one there. We have 4,100. So we put 4,000 into FEPI and it's up to 46.We put 4,000 into AIPI up, it's up to 42. So we're up pretty good now. And you see, I mean, we can also look at YMAX.That says we're down 190, which isn't true. USLY says we're down 74, which isn't true. But yeah.And if you're going to go in up top, there type in FEPI, you see how quickly this one's starting to just, how it's adding up so quick. So if you can go into Schwab, Schwab has like a thing where you can search all your history based on stock. This is actually a really cool summary.So you see, we were making 1.1, 1.4, 1.4, and we bought a little bit more and then we went up to 1.8, 1.8, 1.8, 1.9, 1.9. So that's what we're getting every month in this. From dripping. That's why we're dripping this back in, because it's not overvalued yet.You see over there on the right, that's how much we're getting paid each month for the shares we have. 96, 97, 97. But you see how once we got to where the 14's at, it went from 89 to 92, and then it's been around 92 ever since, 92, 93, 97.That's why I like the consistency, because it might not be a perfect thing, but it's close enough that I can make some estimations. Like for example, with CONY, we got, our first payment was 1173, our second payment was 730, and our third payment was 917. That is a heck of a freaking jump around.We could go up to the top again and do the same for AIPI. This one's going to have less, but it'll see. All right, so now we're pulling up the same thing for AIPI. We have not had this as long. But we're making 2.3, 2.4, but it's 118, 119, so it's pretty consistent. Yep, 50, 50, 50, 48.Yeah, that's why I like them. That's why I like them. I like them a lot because of that.Or excuse me, payouts are 100, 119, 118. But it's three possibilities for you to think about if you want to supplement your income to retire early is something like this, where it's not as risky as the experts make it out. Like if you look at anything written about these rec share things, they're all safe to avoid them because of, I don't know why.I just guess they have a hard- Well, people tend to villainize stuff that's new. It's like they have a hard-on for covered call stuff. They don't like covered call stuff.Yeah, and honestly, that's, I don't know how you can't like covered call stuff. I mean, just the way that they operate, it's- Well, if you go back into Schwab once, go into positions, and scroll down to JEPQ, I think JEPQ is covered call. We've made fucking 100% on that.Yeah, so this one does the same thing. They write covered calls on- Okay, so we're looking at JEPQ now because Tim was talking about covered calls are being what? They're being villainized. But we've been in JEPQ for- Years.Years. And this is the one where everybody talks about JEPI, but Tim says that one's crap compared to JEPQ. You can't go wrong with JEPI or JEPQ, but JEPQ pays more.If you look at JEPQ's grow up, it's pretty much in line for the last year with the S&P Index Fund, and you're getting all this income. So that's just price appreciation. So that's really fascinating because the Bogleheads and all them talk about doing the index fund for the full market.If this is matching the market plus the dividend payouts on this, what was the yield on this? 10%, I think. Right around 10%. 9.47%. 9.47%. Yeah, and this one's a monthly payer as well, so you're getting all that every month.So this one's a little bit more sporadic, but it seems to be between like 44 and 55. But it's got great holdings, Apple, NVIDIA, Microsoft, Amazon, Google, ABGO, Meta, Tesla. But I'm just saying the REX shares haven't caught on like the JEPQ and the JEPI. It's just a matter of time though. But even if they stay underground, that means we can still profit from it when nobody else is talking about it. So all the experts say to stay out of them.That's why I say not more than a third of your portfolio just in case, but I don't foresee them ever being mad. XYLD is another one that's a covered call. It's on the S&P 500. QYLD, which is really crazy, it's on the NASDAQ, it's a covered call on the NASDAQ. RYLD is a covered call on the Russell 2000. All of these get shit talked for whatever reason. Well, I think if you go conspiracy route, it's probably because they want people to stay in that growth, scarcity, greed and fear crap. But what I'm saying is like if you actually shake the shackles of the fear shit they're telling you, you can get stuff that's paying 30% that's relatively safe. 30% is like if you do the index fund, you're getting like 1.2%. But you have to understand too, like the index fund, when we were talking about diversification being one of the best things you can do for your portfolio, over diversifying isn't necessarily a good thing either.And even though the index funds have their time and place for sure, like they match the market, but if you actually get a well-managed fund that can outperform the index plus get that yield, that's juicy. Juicy. So that's that.Well, that's the REX shares. I like them. I like them a lot.We make tons of money off them, because why not? What am I talking about next week? Oh, yeah. Stock splits. I found that very... I was reading an article and then I did a rabbit hole and I found out some very interesting shit about stock splits.I did a rabbit hole. So next week, I'm going to talk about stock splits, but how they are pretty good if they're a forward split, like you can actually outperform the market by a good amount. Don't give away the data.Tease, baby. Tease. No, but stock splits are freaking sweet.We talked about them a couple of times on the podcast before with Chipotle did a stock split, NVIDIA did a stock split, and I think Walmart. Walmart did one. Walmart did one too.And Apple did one. And we'll reiterate how much those are up. And then Tim's found out a way to find stock splits and he's got like a list of ones you might want to be interested in.We potentially could split in 2025, yeah. So it's another way to kind of guarantee going back up to the price that they split from. You like how creative we are? Rex shares and Rexy. Tim just really likes dinosaurs in case you haven't figured it out. I love dinosaurs. When we were in Big Bend, I actually spent $20 on a stupid hat that had a T-Rex on it.Yeah, I got this from Big Bend National Park. It's a pretty sick hat, but... My head's too big to fit in it. I was going to say, but Tim has like a ginormous head.But look how sick that is. That is sick. And the color's okay, I guess.It's like this faded... Ugly ass. Fatigued green crap. Ugly ass.But yeah, there's a Rexy hat. So that's that. Next week, stock splits, woo! We keep putting out content because you've been such great listeners.But now we want to hear your feedback. What do you love about our podcast? What do you think we could do better? What burning questions do you have that you want answered? Let us know by clicking on the link in the show notes. 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