JEPI

Elons-Musky-Balls

Buy JEPI and forget about it .

kronco

JEPI uses covered calls and pros at JP Morgan handle the details. That (covered calls and pros) mitigates the risk to a level I am comfortable with. I pay them (in the form of the fund fees) to do it. I would never use uncovered calls due to high risk (some brokers don't even allow it).

ImperativeKoi

Would you mind if explaining more? I’m interested in your insight as to why zero percent (unless JEPI) :)

kronco

Zero percent (unless you count JEPI).

Sea_End_1893

My situation is unique, as with every investor. My biggest problem when I started investing was FOMO and also checking prices every single day. As for "paid out", I am not at retirement age. I have gains and profits, and I'm green across the board, but I won't touch the money until I need to. I don't run the market like a casino, I don't do options, I don't do puts or calls, I just put money away every month like a savings account, and let it cook while I live my life. I'm with Fidelity, so I have FNILX as my main fund. I have MAIN and GAIN, O and VICI, SCHD and FNILX, and one day I put $30 each into JEPI and JEPQ just to start rolling dividends lmao With partial shares, or slices, or whatever you want to call it, It takes like no effort to slap $20 into VOO and let it sit for a month just to see the percentages.

Glad-Historian-5515

Time horizon? 1-2 years? Start DCAing over the next six-twelve months into the market doing a blend of tech stocks and dividend stocks. Some of my personal favorites include TSLA (which I believe is grossly undervalued), MSFT, NVDA, AAPL, JEPI, IEP, and SBUK. You may wish to sprinkle some commodity plays in there, I personally am leaning into Uranium plays, UROY and FUUFF, but I’ve got some gold and silver in there too. I think oil and coal plays are too risky; we are at the crux of a major economic downturn, driven heavily by consumer debt and commercial real estate. 10 years or more? Bitcoin. Though, arguments can be made that BTC will triple or quadruple over the next 18 months. 70k => 250k, which if accurate, will outperform the broader market, including the plays listed above. The thing to keep your eye on: the fed has signaled rate cuts are coming in 2024, but… it’s looking like they may be lying… but secret QE is and has been happening. So… hard to say where we’re going. Retail and lifestyle brands are dangerous right now, depending on where consumer confidence goes. Not saying there won’t be money to be made. But be weary

utumike

SNOXX is a money market fund paying over 5% right now. They pay the interest monthly. You would get over $400/month. It’s state tax free in Maine. I’m not sure about other states. I also like JEPQ and JEPI. Both funds run by JP Morgan paying around 8% in dividends. They pay monthly also. One follows the Nasdaq the other the S&P.

AlfB63

I'm sorry about your dads situation. As to retirement, one consideration is that the best way to increase retirement is to delay SS as long as possible. Maybe waiting to retire a couple of years may be a thought for your mom. But if she indeed retires soon, a target date fund is not a good idea. I would consider a solid income oriented fund. That could be something like SCHD on the low end of yields with some growth to something like JEPI or JEPQ on the higher end of yields but less growth.

Sryzon

Most stocks paying a consistent, qualified dividend are only going to return ~3%. Anything higher is usually either inconsistent, nonqualified, or bleeding share price. You would probably be better off just selling a portion of your long term gains in your existing portfolio, VTI, or BRKB. I've done the same exercise, and, at least in a taxable account, the answer is usually to just hold an index for a year and sell long-term gains. Now, if we're talking non-taxable, then you might as well go for the non-qualified income funds like JEPI covered call fund or a CLO fund like JBBB.

Kekulzor

I'm still confused why fidelity makes you sign a waiver to buy something like JEPI but you can go and get the shittiest 50% daily swings penny stock no issues

DifferentSwing3149

I have a pension, retired last year at 65, over 30 years, get around $4,200 a month no COLA. I plan to offset the COLA with dividends. Adjusted my portfolio and picked up JEPI and SCHD. Gonna get in on JEPQ now with the dip. Gonna delay SS a little longer and see how things go.

Sharaku_US

Have you looked at SPYI instead of JEPI?

MarkusEF

Why do people buy JEPI? Covered calls is an easy enough strategy that you can do it yourself… and save the administrative fees.

myco_psycho

That makes sense. I've been playing around with them recently just looking for safe short-term income vehicles (2-3 years) while I save for a house. What you make off of premiums does seem rather pathetic. Market volatility recently scares me and I need money in hand when I'm ready to buy. Maybe I'll just throw my money into SCHD and JEPI. I know long-term divvies won't beat growth, but better safe than sorry.

trader_dennis

In my case i am using JEPI as an income generation and hedge. I totally understand I will underperform the market in good years.

user568945673

Just looked at JEPI, pretty wild thank you. I think if I went down that road, I definitely might use it as part of a larger strategy, maybe go half-in. I’ve never invested in a dividend stock before. In the scenario of putting $335k in, getting 10.7% out I’m looking at $2987 a month + whatever gains the stock makes yearly. However the caveat here is not being able to offset any expenses. So in the rental scenario, I’m bringing in $36k a year but I’m able to depreciate the construction cost over 27.5 years as well as mortgage interest and property taxes. Effectively lower my tax burden to like $5k AGI for the rental In a Dividend stock I’m assuming I pay taxes on the full payout AND the capital gains for the year? Even still, I did realize such a thing existed. I also think it’s hilarious because selling options is practically guaranteed money for the seller… at least when I buy them 😂

No-Argument-3444

What an odd portfolio. Sell the ARC and JEPI and put those funds in VTI

SupportCompetitive63

I'm in JEPI, but may like CBLDX a little better.

scientropic

Yes there are financial products that at least come close. One is JEPI. Not quite the 10.7% or so you’re looking for, but it does yield around 8.5% and distributes monthly. You can find higher yields in mortgage REITs (real estate investment trusts) and BDCs (business development companies), and junk bond funds and closed end funds in that neighborhood, but at each increment you’re stepping up the risk scale. You’re also in the zone where part of the yield can effectively amount to a return of capital.

trader_dennis

I would say JEPI lost less in 2022 than VOO but 12% in principal to 15ish for VOO. But JEPI did pay over 10 percent so a much better year.

jf7853

Check out JEPI return for 2022 - I'll take a little under performance if it stays up in a down market and continues to pay it's income!

consumervigilante

Since you mention JEPI & I assume you might also have interest in JEPQ you might also want to consider the NEOS covered call funds SPYI & QQQI. These funds have better tax treatment. Here is a link to the NEOS website. Or you can always look up NEOSFUNDS in google to find the website if you don't trust my link. [https://neosfunds.com/](https://neosfunds.com/)

scientropic

Each has its place. SCHD gives you a lower current yield, but the dividends stream grows over time. JEPI shows little or no dividend growth, but the current yield is much higher. There’s no harm in owning both … you could emphasize SCHD if you’re more interested in keeping your dividends well ahead of inflation long term, or JEPI if current income is a higher priority. They’re both fine funds … it’s just a matter of which or what combination best matches your priorities.

RevolutionLazy6131

I also own JEPI and SCHD. I just checked what Mezzi suggests. Have you looked at SPYD? 0.07% expense ratio vs. 0.35% for JEPI. 4.72% dividend yield, so it's more than SCHD which as 0.06% expense ratio. Sounds like a good alternative to SCHD, though returns haven't been as good. If income is more important, then it could be a good alternative.

JeffB1517

SCHD is designed to deliver an inflation adjusted income. JEPI is a junk bond alternative, high yield but you could experience capital degredation over time. Given you are looking to maintain an income for at most 7 years I think JEPI will sustain a very high draw better. I am however assuming this money is held tax advantaged. If not SCHD is vastly more tax effecient.

my_name_is_gato

K, go for it then. A CC can limit your upside and needs monitoring. If you are ok selling at the strike price you choose, it can't go completely wrong per se. However, the premiums aren't that great imho. I sell calls on JEPI, and while it does help the bottom line, I'm usually doing it with the intention of being assigned and just collect premium on top. I don't monitor the position closely; it simply isn't worth the time spent. If you want to help avoid assignment by selling at low delta strikes, it can become more effort than what it is worth. The risk/lost opportunity of having an unexpected boom blow past your strike price may be justified for your investment style. Early assignment is always possible, but you'll need to be careful about ex-div dates in particular. Personally, I think there are far better tickers for options trading. Alternatively, consider a wheel strategy, again with a close eye on dividend dates. Selling calls and puts very near the money offers better premiums and volume, and I'd managed well, has the potential for better returns.

Particles1101

Start taking most of your money and put it into VOO and don't touch it for 36 years. ROTH IRA, too. There's also stuff like covered call income ETFs like JEPI, YMAX, QQQY, JEPY, and SVOL.

Particles1101

Now save some for taxes and put the rest into boring VTI or JEPI or something.

BeardedGuy201

Look into a Roth IRA and I'd say buy some monthly dividends. Basically something that will pay out month to month and just grow over time. Great thing about the Roth is just feeding in money little by little and letting it amass while paying no taxes until you take the money out. You won't be touching it any time soon so don't break the bank on putting money in. JEPQ, JEPI, CLM are good ones to start in and keep. You could always look up monthly dividend lists. Yes they pay tiny dividends but the idea is that they are lower cost (well, CLM is) but being a monthly dividend, they give back that investment in a much shorter time. There's many others and it's not hard to do a little research on them; here or elsewhere.

Tavernman1

Without knowing her age or timeline, I would suggest 70-30 or 60-40 split of T Bill ladder and mix of ETFs SCHD,DIVO,JEPI,JEPQ,VOO/VIG

SuperNewk

Honestly why doesn't he just buy JEPI. Get paid 10% no matter what, if stocks crater 50-60% Jepi should do less than that. Take JEPI stack then yolo into leveraged ETFs, close computer...come back in 5 years with profits. no loss of hair in the process

Icankickmyownass

Too much overlap. JEPI is monthly div, how old are you?

AICHEngineer

JEPI isn't high risk. It's the returns of the S&P500 expect you pay more taxes. JEPI and JEPQ are ridiculous products. The only time they'll do better than owning either index directly is if the market is low volatility and sideways, which it rarely ever is. Do not buy JEPI or JEPQ

licgy

New to investing, 36 years old, I recently relocated to the US and have $650K to invest. I learned what I could in a short period of time and planning to have a professional assistant but I want to hear other opinions so maybe I will be able to tune it a bit in advance. It is also important to mention that I would like to play as safe as possible and focus on cash flow. I would like to invest it for approximately 20 years with DIP without taking any monthly income out. This is my current plan for the $550K: 1. 40%(220K) Qualified dividends - SCHD 2. 25% (137K) growth - VOO 3. 8% (45K) higher risk - JEPI 4. 7% (38K) market protection - HEQT 5. 10% (55K) Bonds - NNY (I live in New York, not sure it a good choice but I believe it is ok) 6. 10% (55K) Real Estate - VICI (45K) + O (10K) Any feedback is greatly appreciated!

weatherinfo

Thanks for the optimism. I’ve gotten a couple of DMs from people saying a lot of people here don’t know what they’re talking about, so I’ve taken everything with a grain of salt (I can’t say I disagree; I asked for something that grows decently with a dividend of around 5-6% and I got suggestions for stocks with 20% yields that have declined 10% over 5 years, only for them to later tell me that the dividends are not regularly scheduled and they basically pay them when they feel like it, lol). I wasn’t trying to make anything quickly though. My dad actually bought SPHD for me 2 years before I’ve cared about stocks and now (3 years later) I have my own investing plans and SPHD just isn’t a part of it. He agrees that it would be a better decision to move on and I already have decided where all of that cash is going to go, plus the cash I’ve gained over the years. I finally logged into my account for the first time about a year ago to see that it’s down 10%. It has stayed like that for awhile now. I don’t plan to sell it until I get into the green though, and fortunately it’s getting close. I do understand that it’s difficult to find things but I’ve discovered a couple of gems on my own (One is JEPI, with a 7.55% yield and growth of 7% over 6 months and 14% in 5 years). I’m just seeing if anyone else has any other ideas.

cnflakegrl

A few things to look into: 1. Roth Conversions - you can roll money into becoming Roth money. This has tax implications in the year you do it, as it counts as ordinary income, but if the math works out, you take the one-time hit and then have a lifetime of untaxed gains. You will want to dig into this more, there are some details that can be 'gotchas' depending on if you have other IRAs. 2. For high yield ETF, look at covered call ETFs - like QYLD or JEPI (QYLD seems to be paying out more right now, but this can change). But you'll pay tax on the 10% return monthly/quarterly, unless you put it in a Roth or have it in 401k. 3. There are plenty of 5%+ 5-10 year bonds and CDs right now. 4. 401k comes with its own set of game rules - if you hold it too long in 401k, you'll have to take minimum distributions from the 401k at some point in retirement years, which could push you into a higher tax bracket in retirement. Sometimes it is advantageous to strategize a non-working year (Jan - Dec) to reduce income to 0. This is all a game, gotta look at options outside of the box.

rbrumble

JEPI

weatherinfo

I tried SPHD and it failed. I’m gonna try JEPI soon.

solidlyaverage1

Where are you getting your calculations from? JEPI is a really bad example because it barely moves relative to the strikes listed. It’s like 7 vol. and it doesn’t trade, so the markets posted are going to be wide. That will cause wildly inaccurate vol calculators. An option that is no bid - .05 will calculate a vol that is super high. But the options are worthless.

BabaYaga19723

Dude what positions do you have. Unless you have a Uber low-crazy buy in some stocks, sell all positions spend the 12k on JEPI you can get 210 shares of that and get $92 a month from dividends and get passive income buying almost two shares for free each month and then work your way back up. Stop doing options if you are!

mrbigglessworth

I’ve had some good dividends with JEPI

Suspicious_Dinner914

At first I was all like this is sketchy and that's mainly because of MULN. I'll see how the market shifts Monday and take some of shares of JEPI out to toss in here. I only hold 60 shares ATM because I wasn't sure if this would go downwards.

PresidentialTrader

What's the ticker? not everything has options. Not financial advice but if I were you I'd look into $TLTW It's an ETF that sells covered calls on $TLT already; it generates a monthly dividend (1099-DIV) and it keeps up with the changes in rates such that if you bought at the highs last year, the dividends alone will mean you're still about +3% after bonds dropped hard. The idea is that you can let it ride paying a monthly income while you earn an average 12% - 20% per year in income and the value of bonds will remain stable. I like to sell covered calls on what I own but unless you're willing to actually be sold-out and assigned, which is totally likely, the strategy may sound "better" for you than it really is. I shorted $NVDA at $630 and I shorted $XLE just recently at $97. I actually sold covered calls on $XLE at \~90 but closed the trade at about $86 cost basis. The point is that selling a covered call is like a "secured short". You can't lose more than the strike if price keeps moving. But, imagine earning a nice income on $NVDA at $630 to only find out it moved to $1000 in that time frame. How do you "get back in" and safely? Instruments like $TLTW help you ignore that problem. You may or may not out perform the instrument in question; but you'll be comfortable with the results not having to be sold out. ------------------ $TLTW $O $JEPI These are some strong "income" stocks that are also pretty trustworthy and stable enough to enjoy as monthly income writers.

EveryDollarVotes

That's rough but not surprising. What many don't understand is that the stock market is a way to participate in companies profits/success. The option market is a casino. The people (computers) offering up those calls/puts are running millions of black schole models and immediately hedging out their side. Much like a casino if more than 50% of people start to win they change the rules (i.e move cost to play up considerably). This happens in REAL time. The interest in options, and especially short term options has been a windfall for wall street, and by simple math, bad for investors. Look at JEPI. They can pay an insane dividend because of the amount of losses being absorbed by individual investors on the calls they write. Their strategy wouldn't have worked only a few years ago because there was a lack of buyers for this product (options) I KNOW this to be the case, but have probably lost even more over time. Next time you get cash, buy an underlying equity. Preferably one that pays a dividend.

Legitimate_Style9930

Not financial advice but $JEPI pays around a %7 monthly dividend

Plus_Goose3824

JEPI is pretty low expense and high dividend. Perhaps you can find an ETF that holds stock in your employer if that interests you.

twokinkysluts

At their age, if they still want solid growth then look into VOO. If they want growth with dividends then SCHD. If they want purely monthly income then I’d say check out a combination of JEPI/JEPQ. Just my two cents.

SunsetKittens

A single stock is not a safe investment. An index fund is safer. I think a covered call fund is even safer. Look into JEPI. See if you like that strategy. If you do decide on trying an individual stock try and get "a great company at a fair price" to quote Buffett. If you like Buffett get brk.b.

mrTruckdriver2020

Depends on your risk appetite, your investment objectives and the extent to which you actually understand Finance and Economics. The way you phrased it sounds like you're more of the apssiv ebuy and hold kind of guy, in that case, you can maybe go 50/50 SPY and QQQ? Maybe add JEPI for some stable cashflows in there as well. Could even go 5% high yield bonds purely for the cashflows. Keeps you motivated and causes you to always have some spare cash in your account.

Ericjr321

SPYI VOO FEPI IWMY SPYT SCHD QYLD JEPQ JEPI JEPY. Research them.

Acceptable-Cloud558

You could always do slightly higher risk for better monthly income. JAAA, JBBB, JEPI, JEPQ, etc.

Wisex

Honestly I"ve just resorted to wheeling QQQM with monthly at the money call options using margin while the majority of my money is sitting in VOO, Disney, JetBlue, JEPI, and JEPQ

Jesus_Died_For_You

TLDR; new to investing, don’t make a lot of money but really want to get started in the stock market. Focusing on ETFs to start, but can’t decide between growth vs dividends. Looking at SCHD + JEPI, but was wondering if it would be useful to split 50/50 between growth and dividend ETFs to start my journey. Or should I just go all in on one of them because splitting would make any benefit negligible? Thanks! Thanks!

utumike

Check out JEPI, JEPQ and EPR Good Luck!

Particles1101

Time to just buy JEPI or something and gamble with 1/16th of that.

butlerdm

Exactly the opposite. They sell options specifically for yield to distribute to shareholders. Go look at something like QYLD that’s been around longer. You’ll notice a general down trend between they put everything into ATM CCs. JEPI/JEPQ however only put 80% into ATM CC while the rest remains invested, so they have upside potential to benefit from a rising market while still generating a large yield. As long as you expect the market to go flat or better it would be a good bet over HYSA or tbills/notes. If you expect it to go down then yeah, stay away for that short of a time span.

heizenbergbb

Direxion is going to offer leveraged versions of JEPI and JEPQ lol you literally can't make this stuff up. They all want to be as regarded as us https://finance.yahoo.com/news/direxion-files-leverage-popular-jepi-194107087.html

bruce_becker

I see JEPI as a hedge fund.  They buy a lot of options on stocks.  They've done well and their yield is insane! Just not sure i believe in their long term success quite yet.

butlerdm

Something like JEPI/JEPQ. Depends on how volatile you’re ok with the money being.

bobbybits300

Since this is WSB, do AMIX all in Or if ur feeling safe just do equal split JEPI and JEPQ

utumike

You can do both if you want. Split your investments into some percentage. 50/50 whatever you like. Check out JEPI and JEPQ. They follow the nasdaq and the s&p. They also pay a big dividend. They are actively managed by JP Morgan. They sell options on a percentage of the stock in the fund to make more money which increases the dividend.

Appraiser_King

1. Annuities are contracts where you surrender a great deal of control in the even the principal must be liquidated. 2. While JEPI is taxed as ordinary income, QQQY is taxed like running options on an index - 60% long-term capital gains. 3. All annuity income and profits is taxed as ordinary income. 4. Obviously, a fund that explicitly uses a bullish strategy like QQY - selling puts - would probably do poorly in a prolonged bear market. But we had that in 2022, and the probability of that happening now is exceedingly low. If someone buys QQQY and then later determines we're in the midst of a bear market, at least the position can be liquidated with relative ease vs redeeming an annuity.

Mister_Pickl3s

JEPI or something since that will give you income of 7-12%, better than the HYSA, while also having less volatility and being liquid compared to bonds in case of a rainy day

twokinkysluts

If you want lifelong income with some capital appreciation then I’d honestly think about JEPI/JEPQ at your age. You can also pass it down to your heirs upon death obviously and they can have lifelong income so that’s a nice legacy to leave behind.

Deziderata

And/or JEPI

strandedinkansas

You almost learned until the end there. As a 28 year old with an ETF why would you sell covered calls? Buy JEPI if that’s what you want.

chaosgrunt03

The stock market trades within 5% of ATH 95% of the time. If you want the option of income, split across some dividend funds. $JEPI, $JEPQ, and some dividend stocks. Will increase value & payouts over time. If you don’t need the income then reinvest - if you do then have it pay out.

Particles1101

Maybe JEPI.

Particles1101

A few do sell. JEPI and JEPQ for instance. Just put em OTM and like a week to a month.

Craig__D

No love here for JEPQ/JEPI? JEPQ is doing great for me.

utumike

You might take a look at JEPI and JEPQ. They are funds run by JP Morgan. One tracks the S&P the other the Nasdaq. As an added bonus they both pay bid monthly dividends.

Fezza123

19 NVDA 17 META 16 MSFT 7 VOO (adding money everyday) 9 JEPI (adding money everyday) I have 10k in buying power. Was thinking about buying some Amazon and Visa but I’m not sure.

toolsandprinting

When I was 23 (now 35) I inherited about $1500, my stepdad sent me to "his guy" at fidelty who put it all into FFFFX(Fidelty Freedom 2040). I recently looked at it again for the first time in a decade. Its appreciated considerably but it looks like its underperformed compared to many other funds. My question is this, is it worth selling and pulling that money out and investing it with the rest of my portfolio on another platform (mix of index funds and JEPQ/JEPI) and take the tax hit or should I just let it ride in that fund regardless?

thewayofthebuffalo

Yes I’d put some in high yield savings making 4.75-5% and the rest in bond ETFs that pay anywhere from 3-7% yield Things like JEPI FALN FLOT HYDB SHYG BINC

8Deer-JaguarClaw

Maybe JEPI would work for you? Failing that, grab some longer-term CDs at \~5% for virtually no risk. Or maybe a money market fund like SWVXX?

Phlydude

VOO, VUG, AVUV, XLB - throw a little JEPI and JEPQ for dividends and don’t touch it

Aceofspades968

It depends on what your goal is with JEPI. Rates a lot of income, so it’s usually used for retirement. But people are finding that it is not a bad growth fund at the same time right now. Especially in a Roth where the tax implications are non. You could probably swap VOO out and Jeffy for something else. The only reason I say VOO is because you also have Vanguard healthcare fund. So you’ve got two Vanguard. I know it’s not a good reason but it’s one.

Knot_In_My_Butt

I have just maxed my ROTH and I have about 4k left to invest but now I’m wondering if my account is balanced. I have: 8 shares of JEPI 4 shares QQQ 2 shares VHT 4 shares VOO I feel like QQQ and VOO overlap a lot and I’m not a fan of JEPI so maybe another ETF with a decent dividend payout would be nice. VHT is okay, I really like the idea of getting into healthcare but tbh it doesn’t seem to be that lucrative. Any help would be appreciated

RealEstatenWatches

The big 1 is that I’ve held 27 shares of Invidia throughout this run. I also own a small amount of Microsoft. Otherwise it’s been mostly index funds and high dividend payers (like JEPI)

CHEWABLE-NEMBUTAL

If you're gonna hold, get VOO, JEPI, CAT, SHEL

Anonymous_Chipmunk

VTI, VOO JEPI, YYY, all good options. Depends on your aversion to risk and investing goals.

8Deer-JaguarClaw

I'm a fan of JEPI. Pays a monthly dividend (a big one) and is relatively stable price-wise, although it does fluctuate. But over the longer term, it's pretty solid. People are saying bitcoin, but \*I\* would only do that if you consider this $100 a month as "fun money" you don't mind losing. Might pay off huge; might crash and burn.

OCREguru

Right, so if you're 100% s&p you are cash flow negative right out the gate and it's I/O so you're not even paying down principal. And if you're investing in JEPI you're definitely losing upside in capital appreciation compared to SPY. Borrowing at 7% rates when expected return from equities is 10% is an extremely risky play. And that 7% rate is variable. It's not fixed like a home loan. And you don't get any of the protections that individual home owners get from creditors for their personal residence. For the vast majority of people, leveraging their retirement portfolio with a margin loan is an absolutely terrible idea and any financial advisor that recommends that should be fired immediately.

Br1ll1antly1llog1cal

obviously one can't max out margin loan. one market drop and it's immediate margin call. let's just say one has 1mil portfolio in SPY paying 1.6% dividend, and needs to take out 350k (35%) for down payment. 8% interest on 350k is 28k, or 2.8% of the 1 mil portfolio. the spread between spy dividend vs margin interest is only 1.2% or 12k. so one only needs to cover 12k and the rest of the repayment goes straight to loan reduction. alternatively, one needs to sell and take out 400k worth of portfolio to factor in cap gain tax, and dividend is reduced by 6.4k. now imagine one is holding half JEPI instead of all SPY with current yield of 7.6%. the blend dividend of around 5.6% can definitely pay off interest plus loan principal

slambooy

If she’s concerned. Sell everything and one of these: SPY, VOO, QQQ and sleep like a baby. Throw some bonds or JEPI in there etc.. and call it a day. No need to be worried about anything these days. SPY for the win

macmeyers50

Finally growing up and evolving my account from a tech stock grab bag into more long term plays. Is there a genuine downside to dumping money into a high yield decaying dividend stock like $PFLT? It has run circles around a lot of my safe ETFs and safe dividend ETFs like JEPI. If I’m being honest, I can hardly wrap my head around financials in a company like that and what could force a decay that finally outpaces a near 12% annual payout. This question is broad and a bit of a “is this stock good???” post, so maybe a more appropriate question is what I need to learn to understand how to use these, or choose not to.

Upper_Departure_1198

I am in the same boat. I did this, 15k in JEPI, 15K in SCHD, 5k in O, 5K in GOLD (just for cash holding), 10k in some individual stocks.

Particles1101

I run equipment too. I just cratered my taxable on Ford puts. IRA's are for shit like VTI, JEPI, and maybe a defiance or roundhill cc etf or SCHD.

djtron99

No I'm not a US resident, VWRA dividend is only 2% but it's accumulating and I have 10% tax on dividend but if it's non Irish domiciled like VT the tax on dividends is 25%. How about JEPI and JEPQ it has more than 5% dividends but I think tax is 25%. I'm looking an VWRA equivalent with high dividends and 10% tax.

willklintin

Money market funds and hysa are around 5%. Some reits and income etfs are even higher. I currently hold JEPI, O, ADC, SCHD, QYLD as well as individual stocks that pay a decent dividend like T, VZ, MCD, KO, WEN. It is pretty passive. I just reinvest the dividends at this point.

Vindaloo6363

When Warren Buffet recommended the 90% S&P500 and 10% bonds 2013 it was a very different S&P500. I am doing similar to your first option with some SCHD, VPU, VDC, XLV, a few individual stocks like JPM. I'm not buying tech in this market but I would hold QQQ and buy more if there is a correction. That said I'm retired so I need income one way or another. I wouldn't do JEPI or dividend ETFS if you are investing for the future unless you like pay taxes up front.

EtherAcombact

VTI, JEPI, and IBIT 70,20,10 Growth Dividends And the world best performing asset

theduderino38

I’m pretty new to the dividends game unfortunately due to my reckless naive cannabis stocks investments I’ve made in my 30s, but now I’m in early 40s and going to a more grown up portfolio strategy. I’m holding and building up positions in these dividend stonks, wish I would’ve bought more instead of CannTrust and NBEV entourage medmen but hindsight is 20/20 Divo, O, MU, Apple, Microsoft, NVIDIA, Salesforce, SCHD and JEPI. And of course some cannabis ETFs, MJ, YOLO, Looking at starting and building these stocks as I move some (expeditiously) gainz to build up additional dividend positions later this year and will keep building up existing positions. CAT, Polaris, NIKE, CCI Goal is to get from $50 month passive income to $500 then 1k and 5k a month.

utumike

It’s true that they’re only telling you of their successes, probably exaggerated also. I look at investing a different way. I mostly invest in dividend paying stocks. I track my dividends. It’s more of a buy and hold strategy. I keep some cash liquid like in a fund SNOXX. It’s paying over 5% currently. When there’s a downturn in the market, I buy, mostly more dividend paying stocks. There are a couple dividend paying funds out there. JEPI and JEPQ both run by JP Morgan. Both paying over 8%. I also keep all dividends and spend them on living expenses or just to go out and have fun with. Even if you start small, I’d recommend taking the dividends and going out to eat or fill up your gas tank. It feels good to have some corporations paying for you to do something fun. You can also choose which stocks to buy with the dividends instead of having them automatically reinvested in the same company that paid the dividend.

SnooDoggos8798

You may have these income stocks, but if you don't, I would look at JEPI, JEPG, TFC, OKE, BNS, ARCC, BXSL, and PDI. They should be ok at protecting the principle you are investing. If you don't mind the tax headache, you might like ET and MPLX. Both are good MLP's.

CryptoeKeeper

46yo in US currently employed with hopefully another 14yrs to retirement. I have a high risk tolerance as I'm still fairly 'young'. Taxable account - VTI\\QQQM 50\\50 Traditional IRA (401K rollver) - NUSI, JEPI, QYLD, DIVO - 25% each Roth 401K (Fidelity) - Maxing this out every year. Currently in Target Date fund. Looking for advice on best growth strategy for IRA. Just discovered BrokerageLink so I want to change my Roth 401K to something better as well. Hit me with what you would do...

thechosen10ne

Should I sweat the short term gains tax if it's under a certain amount? I can sell about $750 in long term unrealized losses, and then about $650-700 in unrealized gains. So if I did that right now I might be coming away with a $50 loss, but the losses are held in long term positions and the gains are in short term positions, so I'm not sure how that would play out. That would give me more than $10k from selling JEPI, JEPQ, and SPYI to put into VTI and others that have been recommended here.

MattieShoes

> high dividend paying ETFs and securities Probably poor choice, because tax drag. > I also have DRIP enabled Removing the only real advantage of dividends haha :-) Dividends are fine particularly if you spend them, but dividend + DRIP is just a less tax efficient cousin of share price appreciation. > The advisor at empower said that at my age I need to be focused on growth only, and that high dividend-paying securities aren't very tax efficient at my age. Oh haha :-D Yes. Though "growth" is a loaded word here. You care about total return and would prefer share price appreciation to dividends. That doesn't mean only those deemed "growth" companies. > Of that 70%, I have roughly 8% SPY, 5% VOO, 4% VUG, 7% QQQM, 16% JEPI, 11.5% JEPQ, 10% SPYI, as well as a few other randoms here and there. JFC. Why so complicated? > I know SPY and VOO are very similar I think that's understating it. They both follow the same index, so barring weird timing issues, they are identical... except SPY has higher expense ratio. > the advisor at Empower told me I should basically sell everything May depend on what sort of CG taxes you're going to be hit with. Like if you've been holding for 15 years and are going to get hit with a huge CG bill for selling, it might make more sense to let it ride just to defer the CG bill. If this is stuff you bought recently and can sell without tax consequences, then yeah, you may want to simplify.

StatisticalMan

Dividends are not free money and in taxable dividends are forced annual taxation. It is a good way to underperform the market over the long run. The JEPI and JEPQ are especially bad. You could have just had 100% VTI (or VOO) and done significantly better with vastly better tax efficiency. The advisor from what you described is right on the money. The question now is do you change future funds or start selling existing assets. That will depend on the size of the gains. Anything with a small gain or loss is worth axing right now.

tranceworks

One note about JEPQ (and I assume JEPI). I love the fuck out of that stock, but it is NOT for a taxable portfolio. Reason is that the dividends are not qualified, and get taxed as ordinary income. It would be better just to buy QQQ and hold it forever. Then when it's time to sell, you will benefit from Long Term Capital Gains tax rates.