IDVO
Amplify CWP International Enhanced Dividend Income ETF
stock NYSE ETF

Replace QQQI, SPYI, MSTY with DIVO and IDVO. Replace SCHD with SCHG.

I'm also retired. I would be careful with all but DIVO and IDVO as the track record of every other covered call strategy ETF isn't good in one way, the NAV not keeping up with inflation. If you look at every CC ETF over the last year, the NAV didn't beat inflation (sans DIVO and IDVO).
The problem with the NAV not keeping up with inflation, is that means the yield may not keep up with inflation as well. So I support DIVO and IDVO (I own both), but I can't support any other CC ETFs.
Other ETFs to consider is PBDC (business development companies ETF), JBBB (CLO ETF), and BINC (multi-sector bond ETF). Actually, a super simple high-dividend portfolio is equal parts PBDC, DIVO, IDVO, JBBB, and BINC (rebalanced yearly).

It's possible, but typically only when you look at history to find those that were previously a success. Picking what will generate a 8% yield in the future without erosion (including inflation) is a lot more challenging. Also, we've had a really good market for the last 15 years (with a few short-lived pull-backs). Most investors shooting for 8% yields were not investing in the 2000's (I've been investing for 38 years).
I would agree that business development companies could be one of the better possibilities (I own PBDC). I don't believe many covered call strategy ETFs will have NAVs that outpace inflation as they're too yield-focused. If you look at the last 12 month price of virtually every CC ETF, they didn't beat inflation (JEPQ was -2.18% for example). The only exceptions are DIVO and IDVO, because they aim for a more sensible and realistic yields (4.5-5.5%). I own DIVO and IDVO.
In my opinion, a really good, simple, high-dividend yielding, and low-volatility portfolio is equal parts PBDC, DIVO, IDVO, JBBB, BINC. In the last 2 years, the yield is 7.83% and beta is 0.44. But, I wouldn't expect that yield to continue long-term.
[https://testfol.io/?s=jRdPrsejDSx](https://testfol.io/?s=jRdPrsejDSx)

I am retired. My initial strategy was dividend growers such as SCHD, DGRO, VIG, etc. spending all dividends while not touching principle. Recently I have sold some of these to experiment with covered calls (DIVO and JEPQ). Those have been winners in both growth and dividend since I bought them. Meanwhile the growers like SCHD have been a drag on my portfolio balance.
I am considering shifting all equities to higher dividend funds like GPIX, GPIQ and IDVO and reinvesting half of the (over doubled) dividends. My thinking is that with reinvested dividends, this new approach would lead to both higher income and growth over time. Thoughts?

I found this useful while considering IDVO (from Armchair Income)
https://youtu.be/jynNVpCbGmc

I have been pleased with IDVO. It selectively sells options to increase distributions. I also use SCHY. Both have had a nice run up for several months. Lately, prices have been flat. I've actually trimmed both to use the cash elsewhere. I still have decent positions. I really appreciate IDVO is not all about option income and allows some of its stocks to appreciate with out the cap of a call strike.

You're going to have to put in more context if you want any meaningful input. These low-effort posts are not effective means of productive conversation.
What research / due diligence did you apply towards IDVO?
What is your investing strategy and how does IDVO fit into it?
What type of account are you using to consider this - regular brokerage or a tax-advantaged account?
How long do you intend to invest it for before you'd need to live off dividends/"retire"?
Do you intend to DRIP it? Do you plan to eventually sell it?
What is your risk tolerance?

Thinking IDVO?? Or the vanguard one that has way more stocks? Thoughts for international. That divvy is nice though

Not more than 5% in any one holding, invest across various sectors and types of investments (REITS, CEF, MLP, Equity, Bonds, covered call etfs, etc). Some examples; JEPI, BND, BST, RLTY, CEFS, CLOZ, QQQI, FSCO, BALI, ADX, IDVO, IBIT, BTCI, BSM, MPLX, ARCC, PBDC, PFFA, etc. I like to hold RSP,SCHD, and VOO also. I don’t drip, I look at my portfolio a couple times a month and buy whatever is the best value at the moment. If nothing looks interesting I’ll park money in TLT or BND until I need it. Understand what you own, keep educating yourself constantly. Good luck on your journey

Replace QQQI, SPYI, MSTY with DIVO and IDVO. Replace SCHD with SCHG.

I'm also retired. I would be careful with all but DIVO and IDVO as the track record of every other covered call strategy ETF isn't good in one way, the NAV not keeping up with inflation. If you look at every CC ETF over the last year, the NAV didn't beat inflation (sans DIVO and IDVO).
The problem with the NAV not keeping up with inflation, is that means the yield may not keep up with inflation as well. So I support DIVO and IDVO (I own both), but I can't support any other CC ETFs.
Other ETFs to consider is PBDC (business development companies ETF), JBBB (CLO ETF), and BINC (multi-sector bond ETF). Actually, a super simple high-dividend portfolio is equal parts PBDC, DIVO, IDVO, JBBB, and BINC (rebalanced yearly).

It's possible, but typically only when you look at history to find those that were previously a success. Picking what will generate a 8% yield in the future without erosion (including inflation) is a lot more challenging. Also, we've had a really good market for the last 15 years (with a few short-lived pull-backs). Most investors shooting for 8% yields were not investing in the 2000's (I've been investing for 38 years).
I would agree that business development companies could be one of the better possibilities (I own PBDC). I don't believe many covered call strategy ETFs will have NAVs that outpace inflation as they're too yield-focused. If you look at the last 12 month price of virtually every CC ETF, they didn't beat inflation (JEPQ was -2.18% for example). The only exceptions are DIVO and IDVO, because they aim for a more sensible and realistic yields (4.5-5.5%). I own DIVO and IDVO.
In my opinion, a really good, simple, high-dividend yielding, and low-volatility portfolio is equal parts PBDC, DIVO, IDVO, JBBB, BINC. In the last 2 years, the yield is 7.83% and beta is 0.44. But, I wouldn't expect that yield to continue long-term.
[https://testfol.io/?s=jRdPrsejDSx](https://testfol.io/?s=jRdPrsejDSx)

I am retired. My initial strategy was dividend growers such as SCHD, DGRO, VIG, etc. spending all dividends while not touching principle. Recently I have sold some of these to experiment with covered calls (DIVO and JEPQ). Those have been winners in both growth and dividend since I bought them. Meanwhile the growers like SCHD have been a drag on my portfolio balance.
I am considering shifting all equities to higher dividend funds like GPIX, GPIQ and IDVO and reinvesting half of the (over doubled) dividends. My thinking is that with reinvested dividends, this new approach would lead to both higher income and growth over time. Thoughts?

I found this useful while considering IDVO (from Armchair Income)
https://youtu.be/jynNVpCbGmc

I have been pleased with IDVO. It selectively sells options to increase distributions. I also use SCHY. Both have had a nice run up for several months. Lately, prices have been flat. I've actually trimmed both to use the cash elsewhere. I still have decent positions. I really appreciate IDVO is not all about option income and allows some of its stocks to appreciate with out the cap of a call strike.

You're going to have to put in more context if you want any meaningful input. These low-effort posts are not effective means of productive conversation.
What research / due diligence did you apply towards IDVO?
What is your investing strategy and how does IDVO fit into it?
What type of account are you using to consider this - regular brokerage or a tax-advantaged account?
How long do you intend to invest it for before you'd need to live off dividends/"retire"?
Do you intend to DRIP it? Do you plan to eventually sell it?
What is your risk tolerance?

Thinking IDVO?? Or the vanguard one that has way more stocks? Thoughts for international. That divvy is nice though

Not more than 5% in any one holding, invest across various sectors and types of investments (REITS, CEF, MLP, Equity, Bonds, covered call etfs, etc). Some examples; JEPI, BND, BST, RLTY, CEFS, CLOZ, QQQI, FSCO, BALI, ADX, IDVO, IBIT, BTCI, BSM, MPLX, ARCC, PBDC, PFFA, etc. I like to hold RSP,SCHD, and VOO also. I don’t drip, I look at my portfolio a couple times a month and buy whatever is the best value at the moment. If nothing looks interesting I’ll park money in TLT or BND until I need it. Understand what you own, keep educating yourself constantly. Good luck on your journey

$200K in 2024. I just divided by 12 for an average of $15K/month. SCHD, JEPI, JEPQ, DIVO, CD’s, IDVO.