FEPI
REX FANG & Innovation Equity Premium Income ETF
Mentions (24Hr)
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FEPI Looking like a better JEPQ. 25% yield, solid price performance
Mentions
JEPI, SCHD, AAPL, FEPI, JEPQ I need the income to supplement my unstable business income. NVDA not too far behind and I betting on some NVDY to give me some more dividend income.
i’m retired and have SPY and JEPQ and some FEPI and AIPI. Check them out, Covered call ETFs and they pay very nice dividends every month.
You can get about $3k/month by putting about $300k into CC etfs like JEPQ, JEPI, FEPI, SPYI, QDTE, XDTE, etc. Target about 12% average return. These do have some higher risk and volatility but they aren't as risky as the super-high yield products that lose NAV quickly. Without drip, you may need to occasionally reinvest some of the proceeds to keep up with inflation. Don't forget that you'll need to pay taxes on this income and it's often as ordinary income, not capital gains. The flaw with those products is that you lose the upside. When the underlying stock shoots up, your share price falls behind. So put the remaining $200k into broad-based etfs such as VOO, QQQ, etc on drip. It's not perfect but it'll meet your goals given your principal investment.
Keeping an eye on AIPI and FEPI but I'm not sure if it would be a good move.
This isn't true, FEPI,AIPI,CEPI are almost all 100% ROC for the monthly payment. FEPI's dividends are tax free because they are classified as return of capital (ROC), which is a repayment of your original investment (using the premiums recieved) ROC is not considered taxable income because it doesn't include gains or losses. You're taxed once you sell shares from the etf. Fepi & aipi recovered very nicely in Q4 FY24 market downturn turn.
i still have my money in Nvidia ..i want to go back to czech maybe in a year so I have to have monthly income, but working there is not a option for me because my job position in Prague is worth $40 a day lol… now I am going to study options, what do u think ablut the FEPI etf etc?? thank u fot comment
thank u .. what do u think about FEPI?
Yea, it’s one of my favorites hands down. Been in it for a while. I’m in some of the Yieldmax funds too. NVDY would be up your alley since you made your money on Nvidia. They basically take your money, do options with it, then give most of the profits back to you. NVDY, APLY, AMZY, have been great. They have a few dozen tickers to choose from. I believe in PLTR long term, so PLTY would be a recommendation of mine too. FEPI has been very safe and consistent share price meaning if for some reason you have to sell your shares, there’s a good chance it will be near your purchase price versus taking a big loss. Seriously, ignore all the naysayers on here. Your goal is very easy. Hell, you could buy $40k worth of GME and make $3-4k a month selling calls. For how long is the question, but no need for you to do that with your 400k. Research and buy the tickers I mentioned above (not GME) if you like them and then do your thing. If you bring in more than what you need, buy more stock, don’t spend foolishly just because you’re making more than you need. Keep building more income and a cushion in case shit hits the fan.
i just checked the FEPI, like bro, is 26.54% real????
Oh boy, you’re going to get a lot of shit from this group, and most subs on this site. You can EASILY make that with that amount of capital. Start by learning options by books and YouTube videos, preferably ones where someone isn’t using Robinhood as a brokerage. Watch every video and read every book you can find and when you think the next book or video won’t teach you anything new, rewatch and reread every single one to reinforce everything. That won’t take as long as you think, but don’t skimp out on the education. Start dabbling in it after that to get the ropes and get your stocks that you want to trade options on. Some basic technical analysis understanding will help choose better targets than just choosing a delta by itself like most. If you’re super lazy and want an easy button, throw 200k in FEPI to make 4k a month and then diversify the rest in whatever you want.
I'd rather have that cash sitting in a monthly dividend paying stock like FEPI , JEPI and JEPQ and wait for my target price to hit. Sell of the proceeds and buy the stock. Gives you a better ROI
Why would i not just buy FEPI, or AIPI?
In almost all market conditions covered call ETFs like FEPI with dividends reinvested will underperform just owning the underlying stocks. There are also other downsides such as tax inefficiency. If you hold stocks for 1+ year and sell you get taxed at the lower capital gains rate. Where since these funds sell short term options it’s all taxed at regular income. So you convert potential capital gains to regular income… You can also end up realizing income while your underlying accrues a capital loss. These funds really serve no purpose other than to suck in the less educated investor. Although since they are typically done on stocks with really high beta a lot that have gone on massive runs recently people feel pretty smart with their 100% returns… but forget the underlying returns were 200%
Commented in the other as well but adding here for extra discussion: The downside would be the limited upside participation if things popped. They sell their calls about a month out so that leaves time for a lot of stock price movement in tech (they pick their strike price about 5% out-of-the-money iirc). FEPI in theory should outperform in slightly bullish, sideways, or bear markets, and the distributions act as a sort of hedge against downturns
The underlying stocks will outperform FEPI
Selling covered calls caps the upside, but not the downside. In other words, when the underlying goes down, FEPI will tend to go down in tandem, but the reverse is not necessarily true. When the underlying goes up, FEPI will often not recover as much as the underlying. This can create a general downwards pressure over time. If you haven't read this, it's worth a look: https://www.investopedia.com/articles/optioninvestor/08/covered-call.asp Basically, covered calls don't do well when the market advances dramatically (because the strategy caps the upside by its very nature) and when the market whipsaws up and down, they might go pear-shaped, falling every time the underlying falls but not recovering when it bounces back.
I have more than that in FEPI. Also invested in AIPI and heavily in SPYI and JEPQ. Funding our retirement.
Think I meant to reply to a different person, but some of the Yieldmax funds have treated me VERY well with massive dividends AND maintained value or had growth too. Some I trimmed out and got out of. BITO is another great one to me. FEPI is great as well.
https://www.etfcentral.com/compare-etfs/JEPQ-vs-FEPI https://www.etfcentral.com/compare-etfs/SCHD-vs-SPHD Both JEPQ and FEPI are active eft but fepi is smaller in volume and aum. However, fepi has higher return. SCHD has smaller er and cheaper in share price with similar return rate.
I’m working on getting everything together to start investing. I already have some stock in Yum that I had as a gift from when I was a kid (back when it was like a dollar) and Yum China (as a result of their split, they gifted it since I was a shareholder for x number of years). I have some money in a 401k for a brief time at a previous job. I’m about 37 and was planning on selling Yum China and using what I had in the 401k to start an IRA account and build from there. My current plan was to put a large percent into SCHD and SPHD, and maybe a small bit in a high yield dividend etf like JEPQ or FEPI. Does this sound reasonable or is it sorta all over the place?
$20,000 in FEPI just paid $430 in 1 month
When you say they're taxed at the normal rate, what do you mean? I have some stock that I've had since I was a kid and get a small dividend from that but don't pay any taxes? If I were to buy any in FEPI would I have to pay taxes on that or is it based on how much I take in with a dividend? Basically I'm not going to buy a whole lot but enough to get me started on a cash flow to put into other stocks, which is that an ok strategy or am I setting myself up for frustration?
It has underperformed most major tech ETFs. This is total return: https://stockcharts.com/freecharts/perf.php?FEPI,QQQ,VGT,XLK,IYW,FTEC&n=284&O=011000 Morningstar benchmarks it against their technology index: >In the past eleven months, this share class has returned 29.4%, compared with the 53.0% return of the category benchmark, the Morningstar US Technology Index https://www.morningstar.com/etfs/xnas/fepi/quote
You should do some more research. FEPI is a covered call fund that deals with a narrow slice of large tech stocks. How do the total returns of FEPI compare to the total returns of just holding the underlying stocks? What are the pluses and minuses of covered call funds? Do you expect tech stocks to perform the same way in the near future as they have in the recent past? How confident are you in that? If something in investing seems too good to be true then it probably is.
FEPI is a tech covered call fund, meaning they gamble that tech stocks will always go up, and even if they dont, they still buy the shares. Then they dole out the gains as unqualified dividends which means they are taxed at your normal income tax rate.
This is a common problem especially for low earner and those investing in index funds. Most of the growth in a portfolio does not come from capital gains. I comes by reinvesting the dividends. S&P index funds have great capital gains in good years but the dividend is only 1.3%. 75% of long term earning S&P index funds comes from Dividend reinvestment. u25% comes from capital gans the reason for this is that capital gains is not real money until you well. So capital gains doesn't nicer the number of shares you own. Dividend on the other had are is real money that is deposited monthly or quarterly into your retirement account. And The Dividend does buy additional shares. So If you have 100,000 in a Roth account and are investing $7000 a year a S&Pindex fund will only add $ 1,300.per year. So your total investment per year is $8,300 However if you switch to a dividen d fund earning 7% your total .yearly investment is $14,000. The fund is now growing twice as fast. I would recomnebnt Switching to a high dividend fund as soon as you can. With covered call funds you can easily get 10% yield. The two I would recumbent are FEPI (&%) and JEPQ (10%) Or you could invetin Business Development Corporation's (BDCs) that typically have a yield of about 9% Two funds that only invest in BDC are BIZD and PBDC. And there are numerous other funds in the 4 to 7% range. All of whichwhould exceed the dividend from the most common used index funds. Now at which high yields you likely wouldn't get much capital gains. But after your account get over 200K you can start adding small amounts of goth funds, and deversify your dividend income stream.
Check out GPIX and GPIQ. They’re the rival of the JEP’s. However, not only do they have roughly the same yields, but they’re structured to prove growth as well. While both have a fee of 0.28%, I heard they’re raising it to 0.35% Still worth it in my book. You could also move money into USFR or SGOV. You could even check out FEPI and AIPI.
Buy FEPI use monthly payout to buy car
You could aim for a mix of growth and “income” investing (DRIP the income). Although very new, these two funds may be ideal… FEPI and/or AIPI. Then you have GPIX and GPIQ. And of course, JEPI and JEPQ.
Well…. you could look into these “income” stocks. Put a lump sum into “x” and DRIP. FEPI: 0.65% fee. 25%+ yield. $12+ Dividend. AIPI: 0.65% fee. 34%+ yield. $17+ dividend. Both of these are new.
OP, just to give you a rough idea… 190 shares of FEPI will get you $2,525 a year. $210 per month for $10k. However, they charge a 0.65% fee. You’ll yield 25%+. And you’ll have to pay taxes on the ordinary income.
I believe that. I don’t think you should get rid of it, but I do believe that you need more than the S&P to get a head, and stay a head. I think, despite your age (in general), a well balanced portfolio is all you need. Personally, in my taxable I hold… SCHG, TSLA, USFR, and FLOT. My Roth consists of VONG, TSLA, MAIN, and a small allocation of FEPI. I also hold Bitcoin and Solana. And I have SPAXX in my CMA.
$FEPI Tech ETF with a stupid high monthly dividend Dividend yield was 25%~ last year It’s down 20%~ from highs now
Yeah, here's a list of ETFs that have significant exposure to INTC: [https://etfdb.com/stock/INTC/](https://etfdb.com/stock/INTC/) I'm particularly interested in FEPI, which has $24M of INTC under management, and is supposed to be an income (dividend) ETF. Possible they will have to dump.
I just found out about JEPQ and FEPI/AIPI. I have been trying to understand the downsides of them and have been coming up short. If you know can you let me know what downsides there are to these covered call ETFs?
Wait, FEPI really pays a 20% dividend yield? Wtf am I missing?
rotated 248 shares out of TMF into FEPI and AIPI today after some of the bond news today. Sold at like a $700 dollar loss. Felt AIPI/FEPI were at a good price to average down before a potential run up. Based off after hours, dont regret the decision. I like your thesis on TLT but after holding TMF for almost 2 months, I am missing out on gains/dividends somewhere else and there might be still room to rotate back into long term treasury 20+.
80% of my port is FEPI They pay a monthly dividend, around 2% Last year it yielded 25% Mag 7 + some other shit Rest of port is RKLB, FNGU, some tech shit Today’s pretty good
90%~ of my port is in $FEPI which pays a fat monthly dividend and the rest is tech nonsense Adding CRWD rn
$FEPI pays a 25% annual dividend in monthly installments It’s MAG7 + some other shit
Check out the holdings in $FEPI When running the wheel you want something that trades flat or slowly grinds up, the goal is to collect premium not get fucked if/when NVDA has a bad earnings call
Run the wheel on $FEPI 25% annual dividend that pays out monthly, and it’s a tech index What you’re doing now will absolutely gape you eventually
I have a mixture of Stocks and Crypto. I will possibly add an ETF (VONG or QQQM) into each portfolio. Roughly 10% I have about 40% in crypto (BTC and SOL). In my taxable (currently) (largest to smallest holdings): TSLA, MSTR, and SMLR. ROTH: TSLA, MSTR, MAIN, and FEPI.
Considering It’s a hedge against fiat. And a world currency. It’s a safe bet for long term growth. But, like others have said, I wouldn’t put all your eggs in one basket. Personally, the only two cryptos I hold are BTC and SOL. In my taxable TSLA, MSTR, and SMLR. And in my personal ROTH, TSLA, MSTR, MAIN, and FEPI.
inheriting $1.5m soon, sanity check my plan? Obviously this is a lifechanging amount of money and I'm terrified of fucking it up. I'm 38 and have never made more than $35k/yr My plan is to set aside $450k for a cash offer on a house - I'm looking to spend $350k-$400k max and use the remainder as an emergency fund. as for the remaining $1m, I intend to put 60% in total market ETFs to grow for the next 20-30 years, and 40% in bonds and dividend funds to provide a sort of "basic income" to cover things like property taxes, home insurance, utilities, etc, so if I end up out of work in the future, I don't have to worry about losing the house or starving or selling off the 60% in equities I am unemployed at the moment and have a Fidelity brokerage account and no IRA/401k/etc The following is what I've come up with over the last few weeks: MONEY MARKET \~$450k \* STOCKS 60% \* $450k VTI $150k VXUS \* BONDS/INCOME 40% \* $100k SGOV $100k SCHG $100k FEPI $100k JEPQ tell me if I'm being an idiot please
Throwing 80% of my port into FEPI was a great idea It’s QQQ with a 2.5%~ monthly dividend @ me in 2060
$FEPI is just QQQ but they paid 25% in dividends last year. They pay about 1.5% in **monthly** payments. The dividend yields more than the cost of the margin needed to buy the shares This might be the safest YOLO 
https://preview.redd.it/ag0ul09uafbd1.png?width=1324&format=png&auto=webp&s=4c05e398c8ca1ba934a03df1cc4cdc3a9c8abdb2 right there with you. I might average down a little tomorrow with $780 but I might put it into FEPI instead.
Spent $14k\~ to make $57 today. Bought a FEPI with the gains 
Very tempted to YOLO all my available margin into $FEPI since it’s monthly dividends more than cover the margin costs One more month of pump and i’d make so much fucking money If I did it’d be the top though
FEPI is up 28% YOY and has a 25% dividend yield paid out in monthly installments but nobody wants to talk about FEPI
FEPI ETF with a stupid high monthly dividend Basically MAG7 + a few others
You could look into FEPI. 0.65% fee but 25% yield. $13.80 dividend. So far, it has paid out as RoC. There’s also AIPI. They’re both new. Not much info on AIPI but it should be the same as FEPI. I hold FEPI in my taxable and ROTH. You could also check out VONG (growth and value) and/or DGRW (good growth, monthly dividends, good downside protection).
It’s in FNGU + FEPI I don’t like Elon
That’ in $FNGU and $FEPI Look up FEPI’s dividend yield, then how often they pay, then their holdings, then freak out and FOMO some FEPI I bugged out yesterday and bought $20k worth lmao, 345 shares
Rate my portfolio 345 $FEPI 1,000 $RKLB 10 $NVDA 2 $FNGU
> FEPI A .65% expense ratio on an ETF? *Nah*
You could split it between USFR (or SGOV) and FEPI (25+% yield and their divs are paying as RoC).
Is anyone else here in $FEPI? It’s QQQ but only the companies you give a shit about with a 16% annual dividend that gets paid monthly Shit’s dumb
200 $FEPI 50 $NVDA 25 $TQQQ 2 $FNGU Just gonna leave this alone for awhile 
Almost 1 whole $FEPI share 
I started a personal ROTH (outside of my employer) not that long ago, and I’m in my 40’s. I hold TSLA, MAIN, BITB, and FEPI (pays RoC). I plan on adding VONG as well (I have SCHG in my taxable). I have a mix of growth, dividends, and crypto. It’s doing rather well.
FEPI dividend yield per stock analysis is 17.15%, paid $9.31 per share. Still nice and comparable to SVOL and some other income ETFs.
FEPI? I personally put everything I can into FNGU.
You may want to look into these for “dividends” but they’re both new; FEPI and AIPI (no info on this until next month). I have FEPI in a ROTH and Taxable. Their “dividend” has been RoC so far. So, as long as you don’t sell, you should be golden. 🤞 FEPI has a fee of “0.65%”, however, Yield is 25.14% and monthly “dividend” is $13.94.
I have an aggressive portfolio consisting mainly of BTC, FBTC, SOL, TSLA, and CLSK. I just added SCHG, SMLR (a mini MSTR), and FEPI (so far, distributions are RoC, not dividends. 25% yield). I’m going to buy some USFR for a little safety net. My “defense” has always been BTC (not the ETF’s). I believe that the crypto ETF’s are being manipulated at the moment. Which is disappointing but it can’t go on for too much longer because of how BTC is designed. Anyway, for me, over the next 6 months, I’m going to continue to stack TSLA, BTC, and layer into FEPI and USFR.
I'm Just buying JEPI, JEPQ, ZIVB and FEPI right now in my Roth so I can have money to gamble on .05 options while I save up for a money dump to buy VTI or ITOT for my yearly contribution.
FEPI. Dividends are distributed as ROC. Nothing comes close to it. But I would also throw some towards USFR as well.
Just start buying FEPI, JEPQ and stuff and work your way back up bro.
Do people like NVDL, NVDX, FEPI or USD the best?
In the current A.I. driven environment all of FEPI's holdings are companies who have invested heavily into A.I. Since I hold individual positions with most of them I view my significant position in FEPI as a way to generate sufficient monthly income to cover my RMDs without having to sell out of any of these core positions in my retirement portfolio. For the past couple of years holding positions in JEPI, JEPQ and SVOL have fulfilled their purposes of capital preservation while generating sufficient monthly dividends. FEPI now allows me to get more done with less invested. I have experimented with the YieldMax funds and with the exception of NVDY all of the yields are quite seductive however there has been capital depreciation. So I believe, after I take the dividends in June, I will sell out of most of those postions.
Buy a shit ton of VOO or FEPI and gamble with the rest bro.
Move some into FEPI. Their “dividends” are actually considered RoC. So as long as you don’t sell, you’ll bank a ton of cash.
Good evening. I’m not sure of what you’re asking outside of allocations. Let me begin with telling you a little about myself. Let me first say that I’m by no means a professional. I just play around with this stuff. I’m going on 43. Just started a personal ROTH. I started my own personal taxable account a few years ago. I have a pension and a deferred compensation plan (DCP). I stopped contributing into the DCP and started investing into my own choices when C19 started. I couldn’t be happier. In the past few years I outperformed my DCP with less money, less time, and much better performance. With that being said, just a few months ago I started my personal ROTH. Within that ROTH I hold CLSK, MAIN, TSLA, and recently added FEPI. I may even add SPGP for some growth and their double digit dividend growth. Or just add SCHG (diversification) or VONG (more tech heavy). With those I listed above, according to Stock Events, I should yield 2.05%, 4.13% dividend growth per year, and 200.27% dividend growth 1 year. I’m going to continue to pump into FEPI for the first year or two. Even if it’s the maximum I can for a ROTH. Afterwards, that money will be used to fund half of the other things while buying more shares of FEPI. At least until FEPI starts to fail. My portfolio is considered very aggressive. I hope that helps you (and others) along the way.
Say no to Global X. Buy SPYI, QQQI, SVOL, SPYT, FEPI, JEPQ
100 shares of FEPI kicks over $1k in dividends a year? 
I wouldn't call them a scam. You have to research the fund to become familiar with the expected performance and the risks involved. Most of the ones I've played with have done well. YMAX, NVDY, CONY, and FEPI are all up from a year ago. Now, some of these are also VERY new so it is difficult to say what they will do long term. But, these are absolutely not growth funds. That isn't their objective. Their objective is covered call income. But, if you are familiar with covered calls, you can project how they will perform. - They are likely to out perform the underlying when things are sideways. They will be able to collect most of the upside that comes while also generating options premium income. (So, in the market condition that happens least often, they are awesome.) - Their gains will be capped in a bull market. Even with the options premium, there is a good chance the underlying will out perform them. But, you'll probably enjoy the dopamine hits from the dividends payouts that come monthly. - In a bear market, you'll watch in horror as your investments shrink and reverse split into oblivion. The good news is, the premiums should actually be higher... so you might be able to mitigate some of the carnage by enabling DRIP. You'll still lose a lot of money and by the end of the bear market, your monthly income will be a faction of what it was before. So... your brother is betting on 2022 being the last bear market the world will ever see. If he is right, then I think this is an excellent plan. (He's obviously wrong, so this is a stupid plan.) He really needs to research these funds.
I'm a fan of a leverage overlay if one is using most of capital on CC etfs for income (preferably more than needed monthly so can continue to DCA the leverage) I like FEPI currently (for income with still growth opportunity) with then TQQQ/SOXL overlay. Perpetual DCA of TQQQ/SOXL weekly/monthly while DCAing (after smaller lump sum) into FEPI over about at least a one year time frame Each to their own wrt the percentage split and what their individual risk tolerances are. Imo generally the yearly DCA amount into the leverage component should be an amount you are willing to completely lose in any one year
Imo the best ones I've come across so far are JEPQ, FEPI, and YMAX. Each has its own pros and cons JEPQ most diversified out of those with still decent growth opportunity but lesser yield since calls are on index vs individual stocks YMAX is a fund of funds and has more exposure/diversification than FEPI but the funds in it are synthetic covered calls (vs covered calls of FEPI) and more actively managed than FEPI FEPI some potential tax advantages (in USA at least) which would allow someone to potentially use even less investment to reach the current income amount they need If one has tons of money but needs current income I could see doing all JEPQ if one wants more diversification but I'd rather use the higher yield ones (I'm more preferential towards FEPI but a combo of FEPI and YMAX wouldn't be terrible) to get more bang for your buck with then using what's left over and put it into what stocks/ETFs/investment vehicles, etc for growth one likes and that fits one's time horizon (or future inheritance one wants to leave time horizon) All three should theoretically appreciate over the long term, say 5-10+ years out even without reinvestment unless the markets as we know them completely change, but still if possible always nice to be able to continue to DCA with time if someone has the money available if the markets in the near-mid term result in them producing less income than expected Worst case (besides utter worst case of things changing as we know them) I sorta view them as better versions of an annuity if they don't end up panning out with stable/decent nav appreciation over time (would need market to shit the bed repeatedly with then no real recovery afterward long term)
Look into div stocks. Holding tradional stocks like VOO isn’t gonna get you anywhere these days riding the coattails of Wall Street unless you’re writing covered calls or cash secured puts (options). You need to be in more proactive stocks. I’m 29 and have learned this. Stocks like JEPQ not only have good capital appreciation but they pay you monthly in high dividends so you basically DCA for free. Also, look into YMAX, QDTE (pays weekly but newer), FEPI. These stocks are newer so don’t put as much into them, but def keep your eye on them. JEPQ performs similar to SPY. Also, look into options. Options are the best way to invest now which these ETF’s use and how their dividends are distributed. Covered calls on SSO would be a good start until you work your way up to SPY and QQQ which are the 2 big dog market cap ETFs that pay extraordinarily well. But its capital intensive. Good luck bro!
Not the question you asked but have you considered taking social security now, waiting til 70 possibly means you'll need to live past 80-82 to make up what you're forgoing over that up to 5 year period and that doesn't include time value of money/opportunity cost aspect of what you could invest that money in (and/or the money that you have earmarked for dividend funds to replace it as monthly income currently) If after factoring in current tax ramifications (like how much of the social security would be taxed) if it isn't too crazy it's probly worth it to live off of the SS and invest whatever you have left over wealth wise in the applicable investments that fit your time horizon, which if you expect to live past 80+ given willing to wait on SS then I would think outside of having a moderate amount extra per month from dividend funds on top of the SS (if dividends are still actually needed with taking SS) the rest you'd want in growth Higher dividend ETFs with still some diversification are things like FEPI, YMAX, etc, maybe blend of both since would allow a little more diversification if both cause of each strategy on the underlying, I think current overlap of round 10 companies so round ~30 company diversification between the two though there are higher correlations between certain companies out of those 30 which wouldn't really protect in a complete and utter market crash/world ending but should protect from any one single company/basket of highly correlated companies doing terrible FEPI at least currently should be classified return on capital so wouldn't necessarily have much tax ramifications for the first few years and since higher payout (with what should theoretically be decent nav stability and likely even appreciation over a 5-10+ year time horizon) let's you use less to reach your income goals on top of SS and have more in growth without a capped upside Also don't know if you did medicare stuff yet but just an aside to consider medigap plans (if you can afford them) like plan N, G, etc if you aren't past the initial enrollment window (or are in good health for underwriting/in state with guaranteed yearly enrollment and want to switch to one if past the initial enrollment window)
Why no JEPQ or FEPI - more movement with these so better premiums
If you think JEPQ is very conservative, then why would you think FEPI is not conservative. Though FEPI only holds 15 stocks, they are almost the same ones that are in JEPQ. I would estimate that FEPI and JEPQ are 70% similar since JEPQ is market weighted, despite having 80 different stocks, it's dominated by the top 20 holdings. The other 60 have so little weight. FEPI pays much better simply because the call options on the stocks directly are worth 2x in the market compared to call options on the nasdaq index.
Lost my shirt on DJT. All in on FEPI right before the bell.
Same with r/FEPI I literally asked anything on an ama thread and got banned. Humorless mods are killing Reddit
I made a bunch off NVDY. It's all good when it's all good. A two-digit drop like we saw with TSLA and COIN is a death sentence without dripping. That's a huge red flag for me. I'll watch YMAX and YMAG to see if I can trust the fund managers but for now I have some capital losses to make up for so I'm betting on NVDA still being undervalued and bitcoin not shitting itself again. I'll park a nest egg in FEPI too because they actually know what they're doing with the staggered CCs. NAV looks good there and it's tracking a basket not itself like YMAX/YMAG.
FEPI - they're using a staggered CC strategy to maintain NAV. It's a young ticker, but seems to be holding it's own
I am intrigued by these two new ETF,s YMAX & YMAG. Bought 120 shares between them. Wanted to get in early to stay in the loop. I already own JEPI JEPQ & FEPI, love all three, however, I may sell JEPI and use those funds to reinvest all of it in FEPI. Will triple my monthly distribution income by doing so. As of now I am positive on all 5.
I bought 35 shares of FEPI to go along with my portions of JEPI, JEPQ, and SPYI. It looks promising.