How much will it cost you to make $66,000/year

@tradeinvestsimplify

475.8K followers · usually 2.9K views a post

Views

67.3K

Likes

2.0K

Comments

142

Shares

142

SoundTikTok sound · original sound - tradeinvestsimplify

Promoted product

SPYIneosfunds.com

NEOS ETFs seek to deliver the next evolution of options-based investments strategies, where seeking income is the outcome.

Why it worked

The video provides a concrete, relatable financial goal (replacing a salary) and uses simple, step-by-step math to show how a specific financial product can help achieve it, making complex investing concepts accessible.

Summary

The creator explains how much capital one would need to invest in the SPYI ETF to generate an annual income equivalent to the average U.S. salary. He walks through the math of dividend yield and share price to arrive at a total investment figure.

Structure

1State the average US salary
2Introduce the concept of replacing salary with dividends
3Introduce SPYI as a high-income ETF
4Perform the math on screen to calculate required investment

Original caption

SPYI is one of the most popular covered call ETFs on the market. But what would it cost to replace your salary with their dividend?? #finance #finance101 #moneytok #investingforbeginners #kennethsuna

More from @tradeinvestsimplify

Product placement

The creator uses a screen recording of the Seeking Alpha page for the SPYI ETF to illustrate his point.

Call to action

I want to know what you think about it. And make sure you smash that follow.

On-screen text

HOW MUCH WILL IT COST YOU TO MAKE $66,000/YEAR IF YOU MAKE $66,000 A YEAR, CONGRATULATIONS, YOU MAKE THE AVERAGE U.S. SALARY. BUT WHAT IF YOU WANTED TO REPLACE THAT JOB WITH A DIVIDEND? SPYI NEOS S&P 500 HIGH INCOME ETF $53.25 AVERAGE AMERICAN SALARY: $66,622/YR. TO MAKE THIS SALARY PER YEAR FROM SPYI, WHAT WOULD IT COST? SPYI: $53/SH DIVIDEND: $6.29/11.77% YOU WOULD NEED 10,592 SHARES IT WOULD COST YOU: $561,361 MATH: DIVIDE THE AMOUNT YOU WANT BY THE ANNUAL DIVIDEND 66,622/629 = 10,592

Transcript

If you make $66,000 a year, congratulations, you make the average U.S. salary. But what if you wanted to replace that job with a dividend? SPYI is one of the most popular covered call ETFs on the market. And they pay a dividend of $6.29, or 11.77%. If you wanted to make this amount from this dividend, you would simply divide the amount by the annual dividend and you would get 10,592. That's the amount of shares you would need. You would then multiply that by 53 because that's how much this fund costs per share. And it would cost you around $561,000. Now, this strategy might not be best for everyone, especially if you're a younger investor, but I want to know what you think about it. And make sure you smash that follow. See you later.