JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Mentions (24Hr)
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Advice for investing in this long call on an etf rather then a traditional stock.
I feel like I’m leaving so much money on the table. Talk some sense into me.
3rd year of maxing out my roth ira. How do my allocations look
FEPI Looking like a better JEPQ. 25% yield, solid price performance
Late to the party and new to dividend investing. Let me know what you think of my mix. I know I have overlap and probably too many, so any suggestions would be greatly appreciated. JEPI, JEPQ, JEPY, QQQY, SPLG, DIVG, SCHD and YYMI.
Is There Something Wrong with Yahoo! Finance?
Common criticism of covered call ETFs vs potential alternative?
HSA question, throw it in Jepq, reinvest in VTI?
Looking to supplement my military retirement income w/stocks,etfs
How would you invest $200k to generate $1,500 a month passively?
High Yield Monthly Dividend Stocks or Funds with High Option Volume?
Seems Fidelity doesn't add to your cost basis when you DRIP.
What place does JEPI/JEPQ hold in a world where Tbills and MUNIS start paying an acceptable coupon?
What’s a better short term investment (6-12 months), JEPI or JEPQ?
I have noticed that the same stock will be listed at different prices depending on the source. Why?
Mentions
Sell everything, make sure your job is unaffected by demand in any form and fashion, put it all in a mutual fund or JEPQ, and never trade again. That would be my recommendation.
Eh.....certain "real" brokerages like to play nanny and block you from buying certain stocks or ETFs (I can kind of understand why Merrill Lynch might block YieldMax ETFs, but you can't even by JEPQ or QQQI???). Also, I believe it's the only way poors like myself can get access to make trades on the Blue Ocean ATS.
See most of my portfolio is focused on tech so I’m trying to just build more into ETFs and mutual funds that are equally balanced. Some are stock heavy right now I’m focusing on VOO, SPYG, SCHG, and then I’m working on snowballing SCHD and JEPQ
Stocks: I would sell UNH and CRSP. The rest are excellent. Be ready to buy more of them on dips. ETFs: You have too many. Focus on QQQ and VOO. Fine to add JEPQ and JEPI if you want monthly income from covered call ETFs. Crypto: This will be the most volatile portion of your portfolio. I agree not to contribute more. Let it ride and trim a little on price surges. You are in great shape.
I do VOO and JEPQ in both retirements and my 401k
ETF like VOO, SPY, VT, JEPQ, QQQ, VYM are great options
Leverage your investment with real estate. Buy three $600K condominiums in vacation areas with an eye towards short-term rentals, Airbnb, VRBO etc. 20% down payment for safety is $120,000 on each, so that's $360,000. I would plan on $30,000 to furnish all three, say Miami, Park City, Utah, and Honolulu. Plenty of available condominiums at $600,000 in those areas. Plan on professional property management. That would bring you four season unreasonably high rental income (not market). Then, with the other $100,000, just put it into a nice, safe ETF like JEPI, JEPQ, or SCHD. Your capital appreciation on the condominiums should be massive, even considering our current real estate market. The best time to get in was yesterday. The market for ultra-luxury vacations, or people that want to appear like they're taking luxury vacations, is not going anywhere. It's all about the gram.
ULTY is “Return of Capital Trash” Weekly distributions are not true yield: Most of what investors see as “income” is actually return of capital (ROC). They’re just handing back chunks of your principal, dressed up as a dividend. NAV erosion: Because the fund is bleeding itself with constant payouts, the net asset value (NAV) grinds down over time. Investors feel good getting weekly checks, but their underlying investment shrinks. Illusion of high yield: Quoting 120%+ TTM yield looks incredible, but it’s a shell game. Unless the fund is consistently outperforming the market (it isn’t), those yields are unsustainable. Expense drag: On top of that, ULTY charges ~1.3% expense ratio, which accelerates NAV decay. ⚠️ Real-World Impact If you held ULTY long-term, your “income” stream is offset by capital erosion. You’re eating your own seed corn: the fund pays you with your money, plus a bit of option premium, but long-term wealth doesn’t grow — it decays. ✅ Better Alternatives If you want actual yield instead of ROC gimmicks: JEPI / JEPQ – Covered-call ETFs that still retain NAV stability better, though capped upside. SCHD – Dividend growth ETF with lower yield, but real sustainable distributions. Laddered bonds / munis – Actual coupon income, not ROC.
Putting $500,000 USD into any boring ETF will dramatically make your life much easier. You could put it into SCHD or JEPQ and enjoy dividend income and taxes. You could put it into VOO or VDC. It isn't "never work again" money, but it is "make life dramatically easier" money.
It's ok. Breath take a deep breath and regroup. Stop taking home runs and start building long term. Look into investing and building a foundation. Looking into the magnificent 7 and xl sprds as your foundation. Once that is built Look into SCHD, QQQI, JEPQ and AGNC as low risk stable dividend stocks. When you are ready look into high risk dividend stocks such as BTCI, CVNY, MSTY, CONY. It's not the end of the world I promise just take a bit of time and you will get it back
need a small loan of a million dollars at a interest rate lower than 5% so i can dump it into JEPQ or similar dividend stocks and retire with my other passive income on top of that. pay it back with dividends and snowball the debt as much as possible and refinance when possible to keep more of those sweet sweet dividends
You are doing way to much and these are not high growth portfolio's at all. If you want high growth in ETF's just stick to JEPQ & QQQ. for the rest of your allocation: 1. follow some high quality growth stock analytical youtube channels 2. pick what you like 3. diversify among them
i dont want a lot, just a small loan of a million dollars, at a relatively low interest rate, that i can dump into JEPQ, and reinvest mass amounts over time since i really dont live on a lot, and sit and home so i can play fucking video games and make music all day bc i hate my life https://preview.redd.it/k9sxnu3d0olf1.png?width=750&format=png&auto=webp&s=00eb659ecb785dda179ada4a9470d5d13166ffce
Personally not a fan of dividends but I do SCHD JEPI JEPQ and VYM
rather than bond, why don't you look into CC etf, like JEPI/JEPQ, SPYI/QQQI. They provide monthly dividend, you can use them to reinvest or buy some good steak for yourself.
To get max premium and max time to compound those premiums. Ex. Last week I sold 7 strike collected 330 exp on 4/2026. 330 already compounding with JEPQ. Others are still waiting for maybe dimes each week to catch up.
JEPI and JEPQ dont actually sell calls. They enter ELNs with banks (which are the same thing in theory, but its not on the options market)
Talk to an investment advisor that understands risk management, passive vs active investing. Some look at JEPQ and think it's crazy. Some will trade derivatives. Get someone you understand and who understands you. Most charge 1% management fee. You have a few decades to go, so time is on your side. I know it seems you'er late to the game, but you're not. Timing the market: yes, it's possible. All top traders do it. But you need to spend time to understand macro and micro (per company) in the areas you're interested in. Do what your comfortable with and don't watch it everyday or it will drive you crazy. Once a week is good on longer term plays. Cramer says "Buy and homework, not buy and hold". That means just pay attention and don't be afraid to sell a position if you are down 8-10%. You probably got in at the wrong time. To that end - "Fundamentals tell you what to buy, charts tell you when to buy it." So learn both and you'll be fine. This market will go bullish until next year, then watch out below - "stairs up, elevator down." In the medium term get aggressive. Then start moving to more conservative positions in like 5-6 months from now. You can crush it. Just asking for help shows you're smart enough and work hard.
#1 -- establish a rainy day fund if you don't have it already #2 -- open a ROTH IRA if you don't have one already and contribute the max amount right now ($7000 for persons under 50). #3 Talk to a CPA about setting up a college fund for your daughter (assuming you want college in her future?) -- putting $30k in that might set her up nicely for college in 20 years #4 - open a brokerage account ideally with the same firm that you open your ROTH IRA with In terms of investments -- your ROTH IRA can basically do anything, and it will be tax-free. Your brokerage account should have tax-friendly investments in it like SCHD. Even doing all of this should still give you a nice chunk of change to start your investment journey -- you have 20-25 solid years to grow your investments. I like a 3-ETF approach of SCHD / SCHG (growth) / JEPQ (income) -- as this is a nice set of 3 investments that can be grown over time. Turn DRIP on in the ROTH IRA and Brokerage acccount. With the Trump administration being friendly to Crypto -- might be worth checking out a bitcoin ETF like BTCI.
Neither? Don't trade options on funds that trade derivatives. In general, look at the option chains for a ticker that you plan to trade. You want to see: * Frequent expirations, at least monthly. JEPI only has quarterly expirations. * Good intra-day volume (after the first 2 hours of market trading, or look at the average daily volume). JEPQ has decent volume around the ATM strike. JEPI has single digit volume across all strikes for the front contract (Sep). * Good bid/ask spreads (spread is 10% or less of the bid). Neither has what I would consider good bid/ask spreads at the ATM strike. The ATM JEPI call is .10/.15, which means the spread is 50% of the bid. Granted, it's nickel increment, so the spread can't get any narrower than that, but that's a problem in itself. Try to avoid nickel increment contracts when the bid is less than $.50.
I am planning to do option trading on JEPI/JEPQ, any suggestions which can be more suitable for it?
I’m gonna assume you live somewhere like NY or CA and this is a W2. Your monthly take home is gonna be like 58k after taxes. Here’s what I would do 1) buy a place to live (nothing fancy needed). Do a 5/1 ARM with no prepayment penalty and pay extra principle to own it outright asap. Let’s call that 20k a month with PITI. If u own a place already with a low mortgage then ignore this and enjoy your 3%. 2) dollar cost average into an S&P 500 fund (post tax maybe 10k a month). Goal is long term growth 3) 10k into fixed income (bonds). Goal is capital preservation. 4) 10k into an income generating ETF. Goal is to have a source of monthly income for when the above cash cow dries up. 5) 8k for fun (travel/eating out/hobbies) These aren’t recommendations per se but examples of the above 2) VOO 3) Treasuries 4) QDVO, QPIX, JEPQ
Sony is not located in America so this indicates give us more money you fucking Americans because yall waist more time on video games than any country 🤣🤣🤣 Sell the PS5 and invest it into GPIQ or JEPQ right now
Decent strategy. But I like monthly dividend paying ETFs. Curve balls are like BITO,YBIT. They are risky but with like 2.5k on each. $100 a month almost 98% guaranteed on each. From there a more secured option is BTCI…pays around the same as VOO monthly because again..bitcoin related. Invest a lot heavier because it’s a lot safer. Last time owning almost 180+ shares it gave $283 that month alone. I had to unfortunately sell since I changed investing strategy. For fast gains…putting a lot more money than I was comfortable having out there. I like a pile for unexpected expenses and all. So I met my goal and now I can invest on my next paycheck as much as my heart desires. $800-1k per paycheck. I am looking for the four towers of high yield dividend ETFs and stocks to push a strong money supply out of my investments early on. Then with my constant 2x a month investments of my own money to then start buying the good stuff easier with all the generated income. I stopped but this year I clocked in 1k in dividends with very low money in. 95% -SPYI -BTCI -JEPQ/QQQI -JEPI/O 5% MISC. -crypto: XRP,HEDERA,AVAX -weekly paying ETFs -curve balls: XOEF(dividend payments have not been announced for it being soo new to the market), calls, penny stocks with some DD. -crypto futures: BITO, BTCH. BTCH is two years old but does one payment of $20 a year…buy some 50 shares at some point and see if I get $1k Christmas gifts every year.
If you want to take some risk, like I said, It’s not laughable at all. Take a look at JEPQ. Even at 4% you’re. At 200k. I’ll be fine at 200k or 500k. I’m a simple man.
I'm holding these dividends in both tax advantage accounts ROTH and IRA's. I also hold them in a brokerage account at the bank since banks have lousy interest income savings accounts. It appears the GPIX and GPIQ funds have a slightly better tax advantage due to its ROC. JEPQ and JEP! Etfs IMO should be held only in tax advantage accounts. Very much up for discussion. I'm tossing around just buying stock positions with a 3 percent dividend, qtr payout and enjoy the capital appreciation.
I have JEPQ which gives about 10% annual dividend and seems like a decent ETF
>When it comes to expense ratios of ETFs, is that something I pay? Like, if I buy a 50 dollar ETF, so I buy one share of it, and the expense ratio is .5, does that mean I'm paying 25 dollars on that purchase? (sorry if my math is horrible, I sucked at math in school lol). Basically, are there fees that I'm paying every time that I buy a share of an ETF? Expense ratios are fees that are taken out of the fund. So yes, you pay it, but not directly. It isn't a purchase fee. There are purchase fees sometimes, which to to the brokers. In the US we've largely moved to free trades. Expense ratios are taken out continually over time, which means you keep paying them. 0.5 is 0.5%, not 50%. But it has a lot more impact than you might think: https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annual_fees_after_many_years%3F >Is Stash a good program to use long term? Or are there better apps/websites to use? It looks like you pay fees: https://www.stash.com/pricing Vanguard, Fidelity, Schwab, etc won't charge you any fees. >And can I switch my portfolio from Stash to another program, or how does that work? Yes, you would give your account information to the new broker and they'll handle transferring it over. You might pay an account closure fee. >I've heard good things on YouTube about high income ETFs like QQQI, BTCI, SCHD (not sure if that one is high income dividend?), JEPQ, etc etc etc. Are there things I need to be aware of about these kinds of ETFs that would inform me about the risk? YouTube incentives getting views, not presenting accurate information, and thus is a poor place to learn about most things. For a fund like SCHD, you need to be aware of https://www.investopedia.com/terms/d/dividendirrelevance.asp . For some of the others, what you're getting with a covered call strategy is income in exchange for losing the upside of gains; so the expectation is you'll make less than by holding the underlying funds. Once you get to the point where you've made your money and are withdrawing, it might be appropriate.
I have some JEPQ in mine. If it holds, it’ll be a nice little source of retirement income. But the better move is to build up enough shares of long term stock or ETF to sell your own CC’s. For example: if you own 100 shares of SPY, you can sell covered calls and safely make at least $30-$60 a day. That’s $9k-$15k a year, which is significantly more than your annual contributions.
Hi there, just a few questions: I'm fairly new to investing. I'm currently using Stash as it's a pretty user friendly/beginner friendly/lets you buy parts of shares as I'm not trying to buy whole shares every time. I'm wanting to get more seriously into investing as I'm 38, single, and don't really have any financial goals I'm aiming for currently (screw buying a house at this point lol). I'm wanting to save long term for retirement, but I'm also hoping to make decent income monthly off dividends. I know those two are kind of at odds with each other as you can get small dividends from a lot of growth ETFs, but higher dividends from income ETFs. I've been watching a lot of YouTube videos on this lately, though I take it with a grain of salt because, I mean, it's YouTube. So here are my questions: 1) When it comes to expense ratios of ETFs, is that something I pay? Like, if I buy a 50 dollar ETF, so I buy one share of it, and the expense ratio is .5, does that mean I'm paying 25 dollars on that purchase? (sorry if my math is horrible, I sucked at math in school lol). Basically, are there fees that I'm paying every time that I buy a share of an ETF? 2) Is Stash a good program to use long term? Or are there better apps/websites to use? And can I switch my portfolio from Stash to another program, or how does that work? 3) I've heard good things on YouTube about high income ETFs like QQQI, BTCI, SCHD (not sure if that one is high income dividend?), JEPQ, etc etc etc. Are there things I need to be aware of about these kinds of ETFs that would inform me about the risk? I know that they aren't growth ETFs necessarily and so I could buy in at 40 and it tank to 20 dollars per share, but I still get good dividends or what not. But what do you guys think about those kinds of ETFs? Thanks! I think those are my questions for now. I have 1000 I want to invest soon and I'm going to be splitting it between a few things. My initial thoughts was to buy some shares of Coke and put a little into Microsoft (I don't want to buy a lot of individual stocks, but these are fine to me. I'd rather do ETFs mostly), put about 200 into SCHD, maybe add 200 into my VOO investment (currently just doing 5 dollars a day into VOO), and then was wanting to split the rest around some of those high income ETFs. That way, I'm a bit more diversified, I have some growth ETFs, some income ETFs, and a couple individual stocks that are decently consistent. How does that sound to y'all?
Lots of great advice from other posters, try to diversify on her investments, look for a monthly payers like JEPI and JEPQ together they should yield you around 9% start with 5k each, reinvest dividends and add monthly. Invest in DGRO a dividend growth ETF, SCHD as well. Invest together and let her know what you are doing with her money and that you have her best interest at heart. Good luck and best wishes for you and your Mom.
Primarily VOO and QQQM, but I also have JEPQ, a few CEFs and also QLD and SSO. I may dump SSO in favor of SPMO.
If you truly believe the market will go down, then you're better off staying on the sidelines. Good luck timing the market. JEPQ, QQQI, and GPIQ to varying degrees (JEPQ was the worst of the bunch) held up very well and were generating 11-14% yields when the market started to drift red and sideways in early 2025. Then when April happened, they went off a cliff like everything else. But, you kept earning income and accumulating shares. What happened is that the market recovered *fast*. Ideally, you want a slow, steady recovery. I like these funds, but they're for a very specific purpose. You want a nice fat dividend hedge against a flat or nearly flat market.
Look into some shares that have a Dividend to help make it back AGNC JEPQ JEPY SCHD
If you think of how the funds are structured (selling covered calls) you would realize that you are exposed to most of the downside (since the option position is worth relatively little), with the upside capped by the covered call. I've checked on multiple sources and they confirm that there's nothing special about SPYI and JEPQ. They both underperform their corresponding ETFs significantly since inception (17%+ cumulative since 2022) which is even more than expected given greater expense ratios. It's better for me to compound with higher annualized growth rate, and to be in control of when to take taxable events. I'm not sure being an old investor is any advantage here since you prefer dividends just because of the vibes, and seem to be less flexible in your thinking. You do you though.
Math tells me SPYI underperforms SPY since inception by about 17% since SPYI and JEPQ similarly underperforms QQQ. With dividend reinvested. So not sure what your point is?
Probably unrelated question: why do people like income ETFs like SPYI JEPQ , etc? They underperform their comparison ETFs and generate taxable events you can’t control.
Honest question: why JEPQ and SPYI? They underperform their underlying comparison ETFs. To me, it seems better from a growth and tax perspective to just own QQQ/SPY. Is it a psychological thing such that it’s easier to take a dividend rather than just sell some shares?
Income ETFS can be great if you understand covered calls and would just sell CCs yourself. I use JEPQ, TLTW for some specific purposes in the portfolio. But their total returns only perform well if you invest in them at right times which requires a lot of tracking. Anything MORE than that like Zero-day to expiration type ETFs will just blow you up in a downturn. It's no different than a "3x leveraged rebalanced daily". Does great in a flat to up market. Will absolutely go to minus 99.95% in a matter of weeks in a bear market.
VTI, JEPQ, SPYI 50:25:25 growth and income but my age and goals are likely different than you
In my long-term portfolio, I only own Nasdaq ETFs. Nothing on SPY. Not just QQQ, but high-yield, covered call ETFs on the NASDAQ, such as JEPQ, QQQI, FEPI, etc. The future is all in tech. I view Nasdaq as strictly superior to SPY, in my personal opinion.
or JEPI/JEPQ might be better to TAKE THAT money from all those gamblers every month
Why would you compare JEPQ to S+P 500? Find a covered call fund that tracks an index and do the same comparison. JEPQ doesn't track SPY or even the NASDAQ 100.
Oh dear lord. Ok I promise I’m done here. Go look at JEPQ from Jan 1 to May 12/13. That is a stretch of time where the market moved up down up and down. And returns to its open on Jan 1. Note the total return of JEPQ is less than 0. Hope this helps.
Well, then this is a classic example of retail being retail. You’re literally buying an investment for the wrong reasons. If you don’t want the income then you shouldn’t be buying JEPQ. Look at how JEPQ or any of these covered call strategies have performed YTD in a highly volatile market(JEPI, XYLD, etc). Their total return is below their index. You need either down or fairly flat markets for these CC strategies to make sense. Or the priority is just income and you’re not as worried about total return as you’re not touching your principal.
Moron should have bought QQQI, JEPQ, JEPI, and SPYI and had a nice early retirement.
JEPQ’s dividends are unqualified
why sell JEPQ just before they announce the next dividend?
Bro went from dividend investor to full regard with that JEPQ sell.
time to get aggressive with the income funds on DRIP and hope its enough to turn off that DRIP in about 15 years SPYI, QQQI, JEPQ are staples of income investing. you could go CEF's with RQI and UTG or they could go full REGARD and hit up the YM Funds on DRIP for a quick snowball, i suggest AMZY, CONY and ULTY
Long on MNMD, HOOD, NVDA, AMZN & HIMS. Not emotionally attached to any of them but I’m holding on unless fundamentals change or CC’s get them called away. Also long on dividend ETF’s JEPI & JEPQ.
Income generating ETFs (like JEPQ) mostly do so by selling covered calls. So while you reduce volatility a little bit, you sacrifice the upside which is a tremendous disadvantage. When the market drops, the covered call portion may expire, but it’s typically a very small amount of the actual fund balance. So what ends up happening is that the fund (JEPQ) typically sees most of the same drawdown as its corresponding etf (QQQ) but when it recovers, the recovery is capped. I think it would beat QQQ if the market just slowly grinds down continually or very slowly increases. But that nearly never happens. Take a look yourself : https://portfolioslab.com/tools/stock-comparison/JEPQ/QQQ
SPYI and JEPQ 50:50 and thank me later
I do not have a Roth IRA as I'm on permanent disability... I only have a taxable account which I add to monthly... I have VOO, QQQ, SCHD, NVDA, O, and a host of other high dividend funds (JEPQ, FEPI, SCHY, GPIX, etc).. I also have another account called savings where I have a ton of SGOV which is a short-term bond fund (basically where your bank keeps its money that it takes from you)
JEPQ underperformed GPIQ and QQQI last six months https://totalrealreturns.com/n/QQQI,JEPQ,GPIQ
Thanks for getting back to me. I was confused since my JEPQ but its up 6.20%... but I checked and see now that I bought in April/May so you're right, it's very underperforming compared to its Goldman clone: GPIQ, or its riskier cousin QDVO. Huge difference. JEPQ only 1% YTD (including dividend reinvestment) [https://totalrealreturns.com/s/GPIQ,JEPQ,QDVO](https://totalrealreturns.com/s/GPIQ,JEPQ,QDVO)
JEPQ will always underperform its benchmark index in a bull market and it’s yet to be tested as to whether or not it will hold up in a bear market. It’s pretty much meant for people who need income now. Growth is secondary.
Don’t buy stocks, buy ETF’s. I’m a big fan of JEPQ and SCHD. ETF’s are like buying a small basket of different stocks that experts put together for a particular goal. It will be lower risk than individual stocks but also likely not as high of a reward depending on the ETF performance. I’m no pro so grain of salt and all but that’s how I think about it.
YOLO on 0DTE options jk Continue to invest in index funds I bonds, can also consider muni bonds if you’re in the highest tax brackets Can even consider a portion into covered call Nasdaq/s and p ETFs for income. I plan to do this in retirement. Eg, QQQI JEPQ JEPI
My div tracker has JEPQ quite a bit lower next payout. Nice to see MSFT and JNJ doing well, they're in my defensive pie of my portfolio, which I've been ignoring since I've been dcaing into growth (I know MSFT is growth, but I have my reasons for putting in defensive).
LOL - seriously? Poor track record, expensive - compare to others and ask why you'd pay a premium for ARK. What are you interested in investing in? Fairly common known-goods are VOO, VOOG, ITA, SCHG, JEPQ, etc Tons of funds out there, and Ms. Wood is not the creme of the crop
Any other JEPQ enthusiasts in here
Another option is to just buy QQQI or JEPQ and get about 20% return annually with dividend. no sweat at all
BITO, JEPQ and NVDY, best Etf and prove high yield.
yeah JEPQ is interesting, but i feel like it is more suitable for a retirement portfolio 🤔
Im invested in QQQI and JEPQ good funds. jEPQ not qualified dividends though
Help a brother out. Is it dividend ETFs like QQQI AND JEPQ? I find it hard unless it’s your job.
Dividend income is great in time of uncertainty. JEPQ is also a good option
all three are not QUALIFIED Dividends, so they are taxed the same as interest. when a fund is returning capital from options, it is treated as ordinary income. They might have a small portion of qualified dividends I own JEPQ and that is my only symbol that does not qualify as a qualified dividend. The rest of my portfolio dividends are taxed at 15%. I think JEPQ hit a high of around $60, then on April 2, it went to $47. Did I add more at $47? Nope, too scared and confused to do it.
I am invested in PBDC 9%, SPYI 11%, ARDC 12%, QQQI 13% and am considering adding EIC 10%, ACRE 12%.OXLC 25% BITC 24%. SPYI and QQQI do best when the market is uncertain. And the other have some interest rate risk but overall I think you will find the risk is lower than what you imagine it to be. But if yours a wide variety of fund that invest their money differently you have a very good chance of getting a stable predictable income. Even if one has some problems. I also keep some money in growth index funds as an emergency backup and reinvest about 20% of my income to hopefully keep up with inflation. The rest is used to cover living expenses. I am retired. JEPQ and QQQI invest in the same index and and used covered calls to generate income. But QQQI takes an extra step to lower the tax you pay on the dividend and you get a slightly higher dividend. So I sold off JEPQ.
Money is fungible, at the end of the day it doesn't really matter if your "passive income" source is dividends or if it's capital gains from appreciation/growth. In fact, it's more tax efficient to fund your retirement on capital gains rather then dividends (that being said most dividend funds other than JEPQ/JEPI are qualified so the difference is truly minimal). In fact, if you're married filing jointly and only pulling a combined ~$120k in SS + capital gains + all other income you're actually in the 0% capital gains bracket, whereas unqualified dividends would be taxed at income tax rates.
JEPI and JEPQ are not at all new, their distributions rise with volatility. You trade growth for income with them, and depending on where you pay taxes the taxation may be unfavourable or zero (eg in case of their UCITS counterparts in some EU countries). They are really good at what they do, but are not for those who’re still in the accumulation phase. If one consumes the distributions their growth is essentially zero.
There's a lot of new stocks (under 1 year) that have high dividends. But I try to stay clear away from them for a few reasons. * There's were really positive in the market in 2024 up until the tariff drama this year. So watch out with things that are less than a year but look good. They haven't been tested in long term downs (2022-2023 inflation) * not sure but I think some stocks could on inception offer good metrics, but after a year becomes more of a trap or have nav erosion. And frank there are a LOT of new stocks with big yield #'s that look good on paper, but are really risky to hold on for medium term (a few years). SPYI, JEPQ have at least been around several years, so you can see its consistent in what it does. So those are probably safer than most higher yield (9-14%), but need to keep an eye on them. They are vulnerable to market volatility (trump dump tariffs in 2025)...but they do recover if you can hold...so far.
Just retired, got JEPQ, JEPI, GPIX, GPIQ, SCHD, VIG, VOO, SGOV to collect some monthly passive income. Still have some growth funds but adjusted right before retirement to about 50/50 now
I have SPYI and QQQI, sold JEPQ to buy QQQI. Neither is more than 5% of my holdings.
I am in JEPQ, like only 20 shares though
Put as much as you can into SPY, it tracks the SP500 and I’m up 20% this year. Find a large cap ETF as well, it’ll hold the largest companies, and it’ll give a return that’s cushioned from tariffs. The last one is JEPQ, that one pays a 10% dividend that’s taxed like income instead of capital gains and it tracks the NASDAQ.
You could buy Tbills at auction on most trading platforms. Short terms still paying \~4%. I keep extra funds in GBIL which is an ETF that does the same thing and pays \~4%/yr with monthly distributions. Virtually 0% chance of loss in treasuries so you are looking at $70k a year on that sum. For some more risk/reward you can get into and ETF like JEPI or JEPQ which execute buy/write strategies within their respective markets and pay over double GBIL while moving nowhere fast in price (dropped 10% during the tariff crash).
Just use JEPI, JEPQ, GPIQ, GPIX, or FDVV. ULTY is not the play. XD
just throw in JEPQ lol
Don’t do JEPI or JEPQ. They erode.
The advisor's portfolio is the better portfolio. The advisor's funds and allocations are solid and well-suited for long-term growth. The vast majority of those funds are rated 4 or 5 stars on MorningStar and have solid total returns. The funds a bit expensive since they're mutual funds, so there's probably a way to optimize the advisor's portfolio into lower cost ETFs. My biggest complaint is that there's not a lot of international exposure. Your portfolio doesn't make a whole lot of sense to me. Did you mean to do VXUS instead of VT? Why hold 60% VOO and 20% VT? And, as a covered call fund, JEPQ will always lag behind the underlying (QQQ, in this case) as a long-term investment. It's fine (though there are better options) if you need the income, but if you don't, either choose a fund that pays actual dividends (versus premiums from options) or invest in the underlying. You should definitely have those meetings with your advisor to talk through your goals and the funds so that you can understand what you're invested in and why. But, in this scenario, I would not suggest ditching the advisor and doing it yourself.
His portfolio sucks. Half of these funds have expense ratios >0.5%. It's needlessly complex. There's no reason to buy VOO rather than VTI. If you want a mix of US and international stocks, it makes more sense to just buy VTI and VXUS in whatever split you want. Buying VOO and VT is just buying US and US+international. Sector based funds do not offer any risk premium and are not a wise investment. It's just performance chasing. Sector funds for sectors that have done well in the past 5-10 years are more likely to underperform the market. Watch Ben Felix's video on thematic funds. JEPQ- there is no reason to pursue dividends specifically. Watch Ben Felix's video on the irrelevance of dividends. IBIT- sure, if you really want. Bitcoin is a speculative asset. I recommend limiting this to a small allocation.
I bought $120,000 of JEPQ on Friday at 54.22. Guessing Monday it would have been cheaper?
JEPI and JEPQ. JP Morgan etf’s that payout 6% and 11% per year. Dividends paid out monthly
J.P Morgan....Goldman sachs....Neos.....all have great Covered Call ETF'S.....Let them do all the work....BUY THE ETF, and collect your monthly/ weekly dividends, as well as capital appreciation....a lot of crap/ nav erosion out there, like Yieldmax....stick with the big guns....JEPQ, QQQI, QYLD......
Psh buy JEPQ then. 11.5%
I have JEPQ and BITO. I'll ride BITO out until it stops paying. IEP, VOC QQQI, NLY are other choices
nearly an 18% spread between qqq & JEPQ (down 18% vs qqq) over the last year on the chart that's not very good
Yes. JEPQ and SGOV are so vastly different . SGOV is a bond ETF so volatility is nil but reward is small. Just depends on what you're after. I like the dividends and growth combo of JEPQ but it does have more volatility (though not crazy) and a higher expense.
You meant JEPQ right? I checked and it's got a very good yield but high volatility compared to something like SGOV.
1. SPMO ETF - Best performing growth ETF of the last few years. 2. HOOD - Only individual stock I own right now. I see huge growth for them in the future like owning JPMorgan, Coinbase, SOFI, Visa / Mastercard in one stock. 3. JEPQ ETF - 12% yield with no NAV erosion. 4. BTCI ETF - offers about 25% yield and is the only Bitcoin income ETF that holds actual Bitcoin. I might start adding Amazon as well
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.