I was using the two you deleted for the tax strategy. Behind the Neos funds

Got it—that makes sense. Since **SPYI** and **QQQI** are specifically part of your **tax strategy with the NEOS funds**, we should **keep them** and build the portfolio *around* them, not delete them. To avoid duplication, the cleanest move is: > Use **SPYI + QQQI** as your main “tax‑aware income” engines, > Pair them with **SCHD + DGRO** for dividend quality, > Add **AVGO** as your growth kicker, > And **drop JEPI/JEPQ** in the *core* version to keep things simple. You can always layer JEPI/JEPQ back in later if you really want both families. --- ## 🔧 Recommended 5‑fund, $125k portfolio (NEOS‑centered) Here’s a **NEOS‑first** allocation using **SPYI, QQQI, SCHD, DGRO, AVGO**: | Ticker | Role | % Allocation | $ Amount (on $125k) | |--------|------|-------------:|---------------------:| | **SPYI** | S&P 500 + options, tax‑efficient income | **25%** | **$31,250** | | **QQQI** | Nasdaq‑100 + options, tax‑efficient income | **20%** | **$25,000** | | **SCHD** | Quality dividend/value tilt | **20%** | **$25,000** | | **DGRO** | Broad U.S. dividend *growth* | **20%** | **$25,000** | | **AVGO** | Concentrated AI/semis growth kicker | **15%** | **$18,750** | What this does: - **45%** in **NEOS funds (SPYI + QQQI)** → aligned with your tax strategy & income focus. - **40%** in **high‑quality dividend ETFs (SCHD + DGRO)** → ballast + growing income over time. - **15%** in **AVGO** → gives you real upside tied to AI/semis without dominating the portfolio. This keeps the structure: - Tax‑aware income (NEOS), - Quality/dividends, - Growth. And it avoids clutter with both **JEPI/JEPQ** and **SPYI/QQQI** all overlapping the same indexes. --- ## 🧩 If you *really* want to keep JEPI/JEPQ too If your heart is set on having both families, here’s a **7‑fund** version that still leans on NEOS for tax, but keeps small slices of JEPI/JEPQ: | Ticker | % Allocation | $ Amount (on $125k) | |--------|-------------:|---------------------:| | **SPYI** | 22% | $27,500 | | **QQQI** | 18% | $22,500 | | **JEPI** | 10% | $12,500 | | **JEPQ** | 5% | $6,250 | | **SCHD** | 15% | $18,750 | | **DGRO** | 15% | $18,750 | | **AVGO** | 15% | $18,750 | This: - Still keeps **NEOS (SPYI/QQQI)** as the *primary* tax‑strategy piece, - Keeps **JEPI/JEPQ** as smaller, supporting income sleeves, - Maintains **SCHD/DGRO/AVGO** at meaningful weights. --- ## ✅ Next step Two questions to lock this in: 1. **Do you prefer the simpler 5‑fund NEOS‑centric core (SPYI/QQQI/SCHD/DGRO/AVGO), or the 7‑fund version that still includes JEPI/JEPQ?** 2. Are you holding these in a **taxable account** (where the NEOS tax strategy really matters) or mainly in a **retirement account (IRA/401k)**? Once you pick 5‑fund vs 7‑fund, I can give you a **step‑by‑step buy plan** (exact order sizes + whether to lump sum or drip in over a few weeks).