Optimized Portfolio | John Williamson, APMA®

Just now realizing this is AI slop after rereading it again later. I thought it was odd that you wanted to weirdly move the goalposts on what was a pretty cut and dry clarification that didn't even need a reply and then redirect to "the overlay" and "sequence risk," both of which also still directly impact ROC and NAV, but I just chalked it up to you just wanting to broaden the discussion to the merits of the fund for fun. I gotta get better at spotting this stuff.

Seriously, what's going on with protein? This was $107 a year ago. It's now more than double that.

$AVUS and $VTI have traded blows pretty closely but AVUS's big edge came from faring far better in 2022:

$OVQ obviously has a higher acquired funds fee than $OVL (QQQM vs. VOO), but you might be surprised to learn it also has a higher management fee (0.85% vs. 0.75%), even though the option overlay is the same. Spooky! 👻🎃

Value comeback? 👀

SPYI captures more upside than JEPI, but that isn't saying much. Its ROC benefit maxes out around 0.3%/yr. while its fee is over double that. Finfluencers' claims about it don't hold water. I explain all this and more in my newest blog post here: optimizedportfolio.com/spyi/

Yes. Yes, they are.

Fun fact on GPIQ and GPIX, covered call ETFs from Goldman: The permitted range of option overwrite is 25-75%, but nowhere in any of the fund literature does it say what informs that percentage. I thought they might mention the usual terms like market sentiment, directionality, or implied vol (all of which would still be vague). Nope. Nothing. So these are more discretionarily active than I initially thought. That word "dynamically" could mean anything here. So far, the average has been about 35%. Read more at: optimizedportfolio.com/gpix/

Planning to finance or pay cash in full? If the former, you might like this idea: youtu.be/oij8c-szRAg