New Subscriber here, random video popped up with your interview with Ari, and I am not a subscriber of either you or ARI (subscribed to both of you after watching that video)! This is really great video. Thank you for all your hard work on it!
This was great. I appreciate the details and the accountability. I'm in the process of creating my portfolio and I really like hearing all the little random tidbits of why you are doing certain things.
I appreciate this feedback! I'm hoping that showing my consistency will go a long ways over the years. It's weird sharing, I don't like the 'try hard' vibes, lol, BUT, it's worth it because I know it is for a good purpose. Truly want to help as many people as possible over the years.
I watched this episode and decided to buy a share of IBIT.Whoo Hoo! Its up 9.21% today. I know it is super volatile, but my $37 investment is fun to watch.
I like the simplicity of your portfolio. I’m reducing my direct stock picks as I get closer to retirement. Can’t wait to see your video on portfolio for retirees. I think things change when there is no paycheck coming in before Social Security. You start to think more defense, and less beat the market, but still need some growth too if planning for 30+ years of retirement . Great video! I want to build something similar to what you have here, but for a family with no paycheck or pension.
Thanks for watching and for the comment Phil. You're exactly right about, an ideal portfolio will vary drastically based on our specific situations. I'm going to try to release a few videos in the future with my thoughts about some of those situations.
I just retired at 55 and enjoy watching these videos. I definitely lean more defensive than I did while working. A lot of SCHD and some JEPQ and JEPI. Trying out a little SPYI right now. As I do some Roth conversions over the next few years I plan to keep some of my income ETFs in there.
What I like most Jeff is that I feel like I can relate to you. I’m making what you were when you stepped away from your corporate job. My goal is to bust my ass the next ten years in DC…then re-evaluate at 40 what my retirement plan will be.
That is music to my ears! Thanks for the feedback, Johnny. We are all different as far as specific goals, but your comment pretty much nailed why I make these videos! Get as many people to their version of financial freedom. There is no one size fits all solution, but there are many one size fits all habits that are objectively good that we can implement to get pointed in the right direction.
Would you mind explaining a little about what you meant when you were talking about JEPQ around 17:20 in the video? Like when you said even though it's not taxed favorably and why you want to get rid of it in the future? I don't know anything about it but I like the idea of getting small amount of income monthly :D.
Thanks for watching and for the question. It came at a perfect time, as my video on Sunday will dive into the depth of this question. Short version is that the dividends form JEPQ and JEPI are (mostly) adding to your ordinary income. They are 'non-qualified' dividends. This means (if in taxable account): 1) They get taxed at a higher rate than qualified dividends 2) They add to your taxable income (it's as if you made more money that year, unlike qualified dividends that are completely separate from your 'normal tax stuff') 3) It can push your marginal tax rate into a higher bracket (unlike qualified dividends that will never do that, even if you received something like $200,000 in the year). I explain this in greater detail in my next video. Just to be clear, JEPQ is great and I like it a lot. Just not as much as other options. It can be fantastic for retirees (this will be touched on in the video as well).
@@JeffTeeplesThank you so much for your detailed response! I greatly appreciate it! I can't wait to see the video, so glad youtube helped me find your channel!
How about if we invest JEPQ in 401k ? I have around 10k sitting there ready to invest…. Not sure if I should invest in FBTC or JEPQ ? My 401k is of 50% QQQM, 40% VOO, 10% SCHD as of now
Your videos are really informative and fun to watch, thanks a lot Jeff! I would be following your VGT+SCHD+VOO mix to the letter, except for one issue I have with them in that I prefer to divest from weapons and they are heavy on weapon manufacturer holdings (definitely I have no quarrel whatsoever with anyone who disagrees with that approach - to each their own). Currently I am holding a mix of: 1) Growth: QQMG+IGV+SMH+XLC+XLG 2) Dividend: RDVY 3) Market: ESGV I would love to get your input on that portfolio and/or alternative holdings to consider! In its current state I think my portfolio is still far from optimal, one obvious downside to it is that most of its ETFs have high expense ratios.
Thank you for the detailed comment and the positive words. Your dividend and market replacements are great. The growth isn't quite up to snuff, however, they get the job done. I think you have a solid portfolio all things considered that aligns with your values.
Hello Jeff, thank you for your replies!! If VGT and SCHD are already in the portfolio, what is the benefit of VOO? I agree that VGT - is ok for growth, SCHD - is for growth dividends, JEPQ - is for high yield, but what VOO will add to this sushi set ? :)
VOO is great to own a slice of the market. This has outperformed 99% of actively managed funds and investors over rolling 20 year periods for over 100 years (including the funds that disappear). VGT + SCHD makes something ‘like’ a hybrid fund like VOO that has it all. The 50/50 mix has outperformed VOO lately, but we will see if that continues. VOO is tough to beat over the years. Short answer is VOO gets you a ‘similar’ mix by stock mix type to the SCHD/VGT mix. I always like a nice slice of the market instead of only going tech and dividend stocks.
I found your channel by accident while trying to look into investment strategies for the future. I greatly appreciate the honestly and transparency which made me subscribe. You practice what you preach which means a lot! Great content, and easy to follow,keep doing what you’re doing! I’ll be watching! Thanks!!!
Awesome job, as always. I’d definitely invest in your future ETF regardless of the ticker symbol;JEFF, TEEP or whatever, I’m sure it’ll be a solid ETF. Keep up the great work, Jeff. Greetings from Chicago 👋🏽
I appreciate that Alex! I definitely want to 'prove myself' for many more years before officially making it happen. Working out the methodology and screen criteria each quarter as we go. So far it's going well.
You are relevant and very helpful to so many of us watching. I always look forward to your videos more than any other UA-camr. You walk the talk while others talk the talk.
Would you always hold 10% of your portfolio in cash in money market? Is it because money market has a decent interest these days? 10% accounts for emergency funds too? Would you mind sharing the thoughts process behind it?
Hey George, thanks for the question. I like to have about 10% of my portfolio in cash and cash equivalents. This includes both of our checking accounts (small amount) and money market. In the past, I've had it in high yield savings accounts as well. So there is no hard rule about where it is, but I do like it at 10%. This enables me to automatically save when the market is high and buy my target allocations when the market drops. The 10% does include my 'emergency savings' which is primarily in checking. We like to keep our checking at about $5,000 or so. That way, when life happens, we will have money ready 'NOW'. I would highly recommend a set amount of an emergency fund before getting deep into investing. I would say at least 3 months of total monthly living expenses.
Hi Patricia. Great job starting, it is never too late! You'll likely need some higher yielding assets when you first retire. My favorite 'that' is JEPQ which yields around 9%. There are 'higher' yielding options, but JEPQ has an awesome underlying index (Nasdaq-100) and will provide solid growth as well. My video on Sunday dives into the topic of how to create your required income at retirement. Thanks!
Great video and great job! We have similar beliefs in portfolio construction. One point of constructive criticism. When you backtest your portfolio against VOO and VT you should include your 10% allocation to cash (cashx in portfolio visualizer).
Thank you for watching and for your constructive criticism! I love learning from feedback. In this case though, I should put in my two cents. You never want to use cash in projections like this. That would delude the results and not inform you what invested assets are better. As someone that made a living making models like this, I just wanted to provide that two cents. You always want to compare apples and apples. Otherwise, your results won’t tell you anything. You could add cash to both sides, but that doesn’t help either. This is a model for making investments decisions. Cash is a different decision (and another important one, what % to keep in it). If you did 90% DGRW and 10% cash vs 100% VOO, you wouldn’t learn what is a better investment, VOO or DGRW. And that is the point of these things.
@@JeffTeeples I understand, I thought you were comparing your actual portfolio allocation to holding just 100% VOO or 100%VT. I see many people comparing ETFs in a vacuum vs how they actually hold them. Like they say look “DGRW outperforms SCHD by itself so it’s better”. But like you, I hold SCHD + Growth and then rebalance. Thanks!
Hi Jeff - Thanks for sharing your updated portfolio! I love your "do as I do" approach! Your videos keep getting better and better every week! You covered a lot of very important ground here. I really enjoyed the depth and breadth of this video. In the future, I look forward to seeing a single comprehensive spreadsheet that connects all of the individual spreadsheets you discussed today. I am also very interested getting a better understanding of your HODL Factory methodology and investments. There are many options for investing in Crypto. Why did you choose to invest in IBIT?
Thanks for the feedback Bruce! I'm excited to share future updates about the HODL Factory as well too! Not sure if I'll spill the exact methodology for a while, but I will show details on the basics, along with full details of all the holdings. I went with IBIT over the other spot bitcoin ETFs because I liked it's combination of a high assets under management and low expense ratio. Bitcoin is the only crypto I'm REALLY interested in, and I don't like holding it directly. The ETF path made perfect sense to me.
Enjoying both investing style and video presentation. New subscriber here. Will be following and paying attention because I see a lot of similarities to my style, time horizon and my view of how to split the overall portfolio. Good job on the videos, too. I'm sure just learning the ropes in video content creation is challenging and time consuming. Appreciate the efforts and looking forward to keeping up on the journey. Good luck to all!
Thanks Bryan! I appreciate the feedback. It has been an interesting journey to say the least, and I have a ton to learn about this stuff. Nothing like diving into it at 41 years old. Haha. The younger people are thinking 'what is wrong with this guy' (: In all seriousness though, I'm loving it, and I'm excited to continue down the path!
That is awesome! 100k is a huge milestone to hit. It seems like nothing is happening before that, but the compound effect REALLY takes off around that point. Keep on adding to that thing. 7 figures is WHEN, not IF.
I got Robinhood for more than 3 years but only used it to buy individual stocks, but after watching Jeff, I switched all the holdings into 2 funds which are Voo and SCHD!
Jeff, Please do a video about 360 degree protection needs for significant portfolios. We like what you do on your channel. Concerns going forward for us are hacking protections for portfolios, avoiding losses, understanding inflation’s impact on investing, bonds look like loss leaders in inflationary times (Prof Cedarberg’s research that bonds recover only after 7-9 years or never while stocks take 18 months - 3 years to recover positions prior to major loss periods, and finally how much cash in a developing bear market is recommended.
Thank you for the comment and questions. I like to keep things simple. I'll say I don't like bonds in any market with my DCA strategy (no selling) for multiple decades. The data for the past 100+ years supports this. I like 10% cash in any market personally to automatically buy the dip to your target allocations. For example, is someone has $500,000, then I like $50,000 in cash (10%). If the market crashes, and your investments are worth $400,000, it's time to deploy cash to get it back to 10%. If the market goes up to $600,000, it is time to get the cash equivalents to $60,000. I like VMFXX for 'cash'. I like a mix of growth, dividend, and cornerstone (VOO or VTI) ETFs for all investors. The allocation depends on age, risk tolerance, wealth, goals, and work situation. Market crashes are our friends pre-retirement (assuming DCA in only, and never panic selling). I just like the steady eddy system to building portfolios over many years / decades.
Jeff: are you open to creating a video on how you incorporate all your accounts into one dashboard? I manually check all my accounts - unfortunately way too many accounts - and update my balance sheet monthly into excel. Your system seems to do a better job of showing a true snapshot of all the accounts, in addition to showing where some of your weightings may need rebalancing.
Hey Kory. Thanks for the feedback and the question. I was actually considering quickly showing this in the next portfolio update. Trying to figure out a way to do it without dragging it on too painfully, lol. Perhaps a separate video would be better. 'How I manage my portfolio and target allocations' or something to that extent. I'll try to have you covered in the next month or two with something like this.
I saw your interview with Ari G., I’m a new subscriber. This video has great content... and fantastic explanations. You explain your intent to move away from JEPQ to fund longer-term investments. I invest in SCHD, but not JEPQ (or JEPI)… so would it be reasonable to build a position with JEPQ for short-term dividend gains to “super charge” other investments (e.g., VOO, VUG, or SCHD)? All of this would occur from within my Roth accounts.
Hey Mike, great question. I don't think that is a bad move in a Roth. But I do think the main reason to hold JEPQ at any time is for the cash flow (typically for retirees). If you're just building your wealth in your Roth, for example, I think QQQM will very likely outperform JEPQ 'long-term' which will allow you to buy more SCHD. Again, JEPQ is great, but the ceiling of total returns is reduced a bit with the covered calls, and the 0.35% expense ratio, while VERY small for an actively managed fund, will 'technically' add up compared to other ETF options. But doing that, and feeding the dividends into other ETFs for more growth isn't a bad idea at all (in a retirement account). I'm really splitting hairs. Also, JEPQ has done very well lately on total returns!
Hi jeff, an idea occurred to me regarding the way you use a cash position. I would be curious how you could back test various levels of cash over time. Like how you use portfolio back testing to compare positions, how could you do that to see the difference of a 5% cash position versus 10% versus 20% versus 30% etc. I suppose you could model a money market fund with rebalancing enabled. Will check that out on my own. Edit: I did it with VOO at a 20% buffer and it took 2.2% off the CAGR and reduced the max drawdown from -24% to -19%.
Generally speaking, cash, bonds, money markets… basically cash equivalents will backtest poorly. Especially in a bull market. To keep things apples to apples, I try to backtest long-term investments vs long-term investments. I hold about 10% cash. But I would hold 10% cash with the ‘competition’ as well. So including any cash in the backtest will not show me which portfolio is stronger. Cash always ‘cancels itself out’ for me when deciding what to invest in. If I’m a bit heavy in cash, I’m okay with that, personally. I love market crashes because I activate auto-dip-buying-mode to get cash back to 10%.
Appreciate the transparency! We have similar strategies in investing and have been taking advantage of the Tech boom and avoiding “dog” sectors to accelerate towards early retirement. They can call it chasing returns, but it’s better than sitting on the titanic.
Definitely! I never get to hot and bothered when people say ‘performance chasing’ or ‘past performance doesn’t guarantee future results’. It’s common after reading a couple things. I always think of it as the lemming effect. My answer in my head to them is usually ‘thanks captain obvious’ but I smile and say ‘great point’. lol. I’m with you, I know this stuff will dip, and that’s okay. I know long-term will see new trends, and that is cool too. I’ll be ready to adjust.
@@JeffTeeples Absolutely. No one can fully predict the future or the markets, but in the next 5 years you can easily see the continual rise of technology in our world, the advancement in healthcare due to AI technology and the advancement in technologies in producing vehicles, goods, etc. It's not like we have a new energy source we can predict which will change the game, or a new type of housing that revolutionize Real Estate... the odds are pretty favorable to increases in specific sectors just based on logic and where companies are reinvesting their money into.
Hi Jeff, thanks for another great video. What are your thoughts on below. My portfolio is fully ROTH. I have 40% in vgt, 30% in voo, 30% in SCHD+JEPQ. What do you think of holding the mix of schd and jepq as 50% each of my 1/3 portfolio. Is it better than schd alone or same or bad?
I think that is a great combination of ETFs for your portfolio. Especially in a Roth, where the taxes of SCHD and JEPQ are the exact same (zero). SCHD is comparatively better in a taxable account, but that doesn't matter here. I think SCHD and JEPQ are different, but both great for what they are. The 'best' one depends on the situation. At a very high level, SCHD will get you more FUTURE cash flow (whatever you have now will beat inflation forever), while JEPQ will get you more CURRENT cash flow (you'll crush inflation now, but not grow quite as much looking 10-20 years into the future). They are both great, and the combination will set you up for all times.
@JeffTeeples thankyou!appreciate your answer. When you say jepq beats current cash flow and schd for future. Doesn't dividend reinvestment from jepq into schd and retaining a jepq foot print better than than schd alone? My overall goal is to catch up bit of time for retirement.
Definitely. Reinvesting the dividends will be powerful for both JEPQ and SCHD. It's all about the shares owned with both. Currently prices don't really matter (I mean, they do for buying more shares of course, but for cash flow it is fairly irrelevant).
Hi Jeff - Amazing video as always. Thank You for being so transparent with your holdings. It is so helpful when comparing what I do, to what you are doing. You may have already covered this and if you have please let me know where to look. What are your thoughts on having a large JEPI or JEPQ holding and then taking all the dividends from those investments and buying into something like SCHD for long term holdings? Is this a good growth strategy or am I deceiving myself by overthinking and trying to be slick???
Thank you for the positive feedback and for the question. I don't think I've explicitly covered it, but I don't think that is a bad idea at all. I would recommend keeping JEPQ and JEPI in a Roth IRA if you don't need cash-flow. That will protect you from the increased taxes on the ordinary dividends they pay. Whereas SCHD is a better option in a taxable account with the qualified dividends.
Thanks for watching and for the question. I sold JEPI awhile back in favor of JEPQ. I like having exposure to the Nasdaq-100 index and the higher dividend yield. I have so much 'VOO' in my portfolio that JEPI was more redundant. Long-term, I don't plan to hold either (more to come in my next video). But I prefer JEPQ of the two, all things considered (both are great).
@@JeffTeeples, What is your attitude to high yield stocks like O, Main, VZ? They have higher dividends than SCHD but still dividends growth and total return are not bad over time. (I mean not to replace SCHD with these stocks, but cons and pros of having them together in one portfolio). And of course VOO is great as a growth ETF, but it's dividend yield may become attractive maybe in 20 years :) What do you think?
@@leonnone9324 Great question. I think those higher yielding stocks are fine. If more yield is needed, then going outside the dividend growth ETFs could be necessary. I like ETFs better in general for the fact that I don’t have to keep up with individual companies as consistently. Instead of holding MSFT, AAPL, AVGO, etc, I buy VGT. Instead of holding quality dividend growth stocks, I roll with SCHD. Instead of buying quality high yielding stocks, I pick something like JEPQ. There are many options for each ‘type’ of investment. And I do love picking stocks, I think it’s a lot of fun. I just like ‘most’ of my portfolio being hands off ETFs.
Very nice, Vic! Yeah, Boeing stock (BA) has been a solid investment over many years. It does get a lot of negative press when bad things happen (as it should), but, buying the dip can pay nice dividends over the years (well, it doesn't technically pay dividends, maybe a bad figure of speech there).
What were some of the prices of the funds when you first bought them? How long you been holding these funds to see them grow, or did you just deploy a big amount of money in the funds? Thanks
A little of both. I have been a buyer only since late 2010, and have never sold (except to rebalance, but never sold to 'take profits'). However, I don't mind moving stuff around, too. The oldest tax lot I still have is from 2019. When I rebalance, I don't care about keeping the oldest. As far as prices, VGT and VOO were crazy cheap.
Thanks for these videos, Jeff! How can we invest in the HODL factory? Will you reveal the spread to us? The performance is fantastic! Hands down, I'd buy your ETF.
Thanks Adrian, I appreciate it! It’s tricky, I’m not sure exactly how to reveal the HODL factory. I will definitely be sharing more, but I’m not sure how much. I really want to make it an official ETF in the future, but I want to prove I will beat the market for a few years first. It’s not out there to invest in yet, but stay tuned.
GREAT job Jeff.... Thank you very much for sharing your portfolio and its results...Your presentation was very well done Excellent job on your investments - especially at a such a young age....... Kudos... Looking forward to your HODL video as well as your other videos...
Thanks for watching and for the positive feedback Lance. Much appreciated. I look forward to sharing the updates, good and bad, in the future. I'm thinking a monthly recap of all the happenings will make sense (dividends received, changes made, updated value, or other things that come to mind).
@loakland2773 hey Lance, that will be the video I make next week. I’m excited to talk about it and the quarterly dividend. Won’t be releasing until 3/31 most likely, though. I’ll be a bit late.
Can I choose on Robinhood in what ETF to invest my dividends? I do not want my dividends to automatically be invested into the same ETF that pays them. Many thanks.
Hey Manny, great question. You are able to disable DRIP, or dividend reinvestment plan, in Robinhood. This allows you to choose where to put the dividends. M1 Finance is great in that it will reinvest the dividends into the holding that is the most underweight. In my Etrade, I leave DRIP off so I get to choose where to invest the dividends manually.
Hi Jeff, I do know how to enable or disable drip, but can I let’s say, for example have ALL OF my dividend payments of ALL etf’s reinvested in SCHD only?
@@mannybreidenbruch906 to my knowledge, and I could be wrong, you would have to do that manually. Drip = off for all (except for SCHD I guess). Then log in and invest all dividends received into SCHD.
Thank you for the kind words Vitaliy. I want to show how staying the course works well over time. I'm excited for a market downturn to show how I handle that. It will eventually happen, it always does.
Hey Paul. I smiled at this because it is ironically something I've been working on DOING. I did presentations at work for many years (in a different setting) and I was good about even voice, no hand movements, etc. When I started doing UA-cam videos, I was told that I was boring and needed more jesters. Perhaps I've overdone it (: But your feedback was weirdly a compliment for me, lol. I'll have to work on settling somewhere in the middle.
@JeffTeeples I am glad you liked the comment. After I posted I was going to delete it because I thought it came out douchey. Anyhoo.. I finished this video and subbed. I really liked your method and the transparency. Great job!
Hey Owen, great question. I don’t consider JEPQ cash. I make a special section for ‘cash flow’ for it. My cash stays at around 10%. This is money markets, T-bills, checking, or savings. I purchased JEPQ to help pay bills after quitting my job to start this channel. I will be selling it after it is a year old (for long-term capital gains treatment).
I feel a lot safer buying the ETF. Too many risks with buying and holding Bitcoin myself (even on cold storage). Also, I want to take profits, so the 0.20% ER is nicer than the lump fees I pay to buy. I've been involved with one of the brokers that have done shady things. I like the idea of buying IBIT weekly, and capturing the long-term profits weekly as well. I like Bitcoin, in general, but am torn a bout its future. I don't feel comfortable buying and holding it for 10+ years. I could see massive unrealized gains evaporating overnight. Paper gains don't help my portfolio (: Just spitting some thoughts, not criticizing any strategy.
My problem with crypto is that its a market where gains come from someone else’s losses. It’s no longer a move for distance from the regular financial sector but a stock market without any products associated.
Hey Stanley, thanks for the comment. I agree with you about that. I have many concerns about crypto. I like it for other reasons, but, I agree it doesn't 'produce anything'.
Im 33 thinking right now to start to invest long term on etfs. But everyone says marker will crash sfter rate cuts begin so im thinking to wait and put all my money on a money market account yielding 5% a year. At least its something and im sure it wont go anywhere. Whats your thoughts should i start now or wait for a potential crash?
Hey Daniel. I think you should at least start the process of dollar cost averaging into low-cost ETFs. The right time is always 'now'. Perhaps put the money in the money market to begin. Then each week, take a set amount and sprinkle it into your ETFs. The market will crash, eventually. It always does. But pro tip, people will ALWAYS be talking about the coming crash (: Literally, always. It has been like this for a decade, and many, many people have lost juicy returns by listening to that advice. I'm a fan of getting the money in the market, and continuing to do so with dollar cost averaging a set amount of money into the market each week. Nobody has ever lost money in US stock market history by dollar cost averaging into the market (S&P 500) each week or month with a set amount of money. Pick any 20 year stretch in history and it has been impossible to lose money with this method. That said, I say start ASAP and be a buyer only. Never sell, especially when he market crashes. Buy when others are running away.
as it happens, this yours truly also recently quit his job and landed on your UA-cam channel watching this video to build a portfolio for long term. For someone like me starting today VOO & VGT may seem quite expensive. In your opinion, are these still the best bets or are there other alternative lower-priced ETFs that essentially follow the same index or portfolio of stock mix?
Thanks for watching and for the question! Does your online broker allow fractional shares? If so, then something that follows the same index will have identical returns. For example, if VOO follows the S&P 500 and is $500 per share, and another ETF follows S&P 500 and is $50 per share, if you put in $50 to either, you’ll have identical returns. Price only matters if you don’t have enough to invest to accumulate a full share. I think dollar cost averaging into VGT / VOO / SCHD is a good idea in any market. Nobody knows if and when it will go up or down. But over long stretches of time, we know it will go up.
@JeffTeeples great thanks for the quick reply, much appreciated. I have eToro and Interactive Brokers. Also was given an eTrade account through my job previously. I need to read up which platform is easiest for DCA, fractional shares and low fees overall.
Great question. The answer is, it depends. As long as you sell stuff that you have held for at least a year, it is as effective as receiving qualified dividends. Long-term capital gains are taxed identically to qualified dividends. However, dividends are better in that you never reduce your share count, and thus, future dividend cash flow.
Great question. ‘Right now’, that is technically 100% ‘my stuff’. She is not included on Etrade at all. However, we are soon going to open her a Roth IRA in E*trade. Her stuff is currently 100% in HSA and 401k. Eventually she’ll roll it over to E*trade when she retires. E*trade is slick in that once she rolls it over, and we complete a power of attorney form, I will see everything under my login. I’ve helped others with this and it is great for combining investments to one place. Makes managing and balancing target allocations a breeze.
I plan to have zero JEPQ after my finances stabilize. It is not that I think JEPQ is bad at all, but I'm a big believer in getting the yield needed only, then focusing on growth. For example, if I had $500,000 to $1,000,000 when I retire some day, I would mix in a nice chunk of JEPQ to pay the bills. Slowly transition to SCHD or DGRO or VIG type things as I could afford to (with social security and any other income) to crush inflation long-term. If I had $5,000,000, I would have zero JEPQ ever. If I had $10,000,000, I would have zero JEPQ, some SCHD, but mostly VOO and VGT. It really depends on the portfolio value scenario. I'm a believer in getting the yield you need (with ETF mix), keeping it all qualified dividends if possible (VGT/VOO/SCHD all qualified for better tax returns), and focusing on the dividend growth / portfolio growth from there. The beauty about dividends is that they are based on shares owned. So the yield 'technically' doesn't matter. It's all about the shares and dividend growth per share. As prices change, the yield changes as well, even though the dividend payment per share doesn't care about price. Yield is a vanity metric at the end of the day. But it is also the first requirement to pay bills initially. If you buy SCHD, you have NEVER once, ever, received less dividends compared to the year before if you hold those shares. It has only increased. The yield bounces around, but that doesn't reflect the dividends received. The price impacts the yield without changing anything about the dividend payment per share.
I love JEPQ, and I needed money short time after quitting my job. The high yield is appealing. I don't like that the dividends add to my ordinary income, which increases my taxable income and potential marginal tax rate. The dividends it pays are not qualified, and that has quite the domino effect. I focus on dividend growth from SCHD like holdings. For growth, I prefer VGT. For core holding, I like VOO. JEPQ is great for short term cash flow, but doesn't align with my long-term strategy. My video that comes out this Sunday will dive more into this.
Were you able to manage this allocation when you were working with you contributing to employer 401k? I ask that because it’s easier to find voo equivalent in 401k and hsa plan provided by employers. But schd and vgt are not that available . If you don’t have a considerable amount in taxable or Roth or rollover/traditional Ira, I wonder how practical is your recommended 1/3 in each of vgt voo schd ?
Hey George, that is a great point. Most 401k plans are very limited. The best way I know of is to do 401k contributions to a low-cost S&P 500 (usually available). Then have an online broker that you do all other investing at. I would roll over 401ks to my traditional IRA when I left employers. This gave the money more freedom (without any tax implications).
Jeff, do you know if I put some money into SCHD this week, will I qualify for the dividend payout on those new shares? How long does an investor have to hold an SCHD share to qualify for the upcoming dividend payout?
ETFs are a bit less defined than individual stocks. Usually, we don't find out the information on the dates until right before the dividend. However, with SCHD, it's pretty darn consistent. If you buy SCHD tomorrow, you 'should' be good for the dividend date. The ex-dividend date has been the following in the past years: Keep in mind, you have to own your shares the day before the ex-div date (as of market close). 3/22/23 3/23/22 2/24/21 3/25/20 It depends on what day of the week dates fall on, but I imagine 3/18/2024 will be in time! In the case of SCHD, the pay date is 5 days after the ex-dividend date.
New investor just trying to learn, I know VOO is the etf VFIAX is the mutual fund equivalent. Is there a difference in investing VFIAX for decades as opposed to VOO? or is it basically the same? Like if you were dollar cost averaging couple hundred every week in this hypothetical scenario.
Great question. There is absolutely no difference over a long stretch of time. Dollar cost averaging (putting a set amount of money each week or each month) into VOO or VFIAX will essentially get you the exact same return over any stretch of time as a buy and hold investor.
Hope you don’t mind me jumping in, but if you do buy the mutual fund instead of the ETF, there might be a transaction fee. For example, I use Fidelity. That means I could buy VOO without paying a transaction fee, but if I buy a Vanguard fund in Fidelity, I have to pay a $75 transaction fee every time.
Hi Jeff, awesome video. I think I have perfected my M1 portfolio that I’m satisfied with. I’m so excited about this to point of obsession. I was wondering if you can analyze it for the future perhaps 5,10,15 years out? Pie1: VTI 50% $6866 VOO 25% $6881 SPLG 25% $2797 Pie 2: SCHD 40% $1801 VGT 40% $1800 DGRO 20% $901 Pie 3: QQQM 35% $1670 SMH 23% $1092 JEPQ 22% $1050 XLK 10% $712 JEPI 10% $477 Current Balance: $26,052 I’m investing $12,000 a month into this portfolio; 33%, $3960 into each pie monthly. How long to get rich with this portfolio? LOL. Thank you. Love your channel. Bill
I love that I'm not the only one obsessed with this stuff, lol. Starting at $26,052, and assuming 10% growth per year (I don't think that is crazy, I like your quality ETFs), it would be: 5 years = $972,108 10 years = $2,528,664 20 years = $9,303,337 Keep feeding the machine!
@@JeffTeeples But, I’m trying to get more than “10% Growth Per Year” with this portfolio. If you think that’s what this M1 portfolio is only capable of than I think it’s WEAK. Perhaps I should re-tweak it???
I think you have a nice mix. I like to use 10% for my long-term projections. My growth has been closer to 15 to 16% over the past decade, but it could also be 6% over the next. The 100+ year average is a touch over 10%. So I roll with it. Many recommend using 6-8%, but I’ve never liked it.
@@JeffTeeples oh ok. I was hoping that you could plug in my portfolio into your program for an exact return over 5,10,15 years? 10% a year average return seems weak for my set up???
Hi Jeff. I have a 7 figure portfolio. What are your thoughts on this asset mix: 56.5 % VOO , 28.5 VTI, 8% SCHD, 4% VYM, 3% high div individual stock including MO, KO, HSY, XOM, PEP? I max out my 401k in VTI, and now with all taxable extra money I am buying VYM. I never sell anything, and I try to live off just my taxable dividends, and my salary goes to 401k(into VTI), hsa(into VOO), and taxes, and whatever is left into VYM.
I love that portfolio mix, Richard. As soon as you make enough to live on dividends alone, you'll never have to look back. The growth of that portfolio will very likely outpace that of inflation. I love the idea of living on dividends and not selling any positions (not a fan of the traditional 4% rule at all). I think you're doing it right!
I'll be honest here, I'm not sure, specifically, how to get more qualified for the job. I think luck has a lot to do with it. And being yourself and comfortable in the interview. You have great credentials. As far as what qualifications Boeing desires these days, I'm not up to date (left in late 2017). It's a great company, and I wish you well on getting a foot in the door!
Thank you for watching. I can't wait to share more details about it. It will likely be in separate videos each month, otherwise these portfolio updates will take an hour (:
Great video thank you for sharing. It seems from backtesting VGT vs XLK that XLK has performed better than VGT over the past couple of years. Do you think in today's age and going forward that small cap companies will outperform large cap companies, who already have billions in R&D for AI, new tech etc? I'm 27 and my portfolio is 40% VOO, 15% SCHG, 10% QQQM, 7.5% XLK, 7.5% SMH, 10% SCHD and 10% DGRO. Thanks!
Hey Jordan. I love your portfolio mix. That is really well balanced and great for a younger person that doesn't care about the crashes (buy more when that happens). I'm not sure on the XLK vs VGT thing. XLK has dominated the past 10 years. VGT was better the 10 years before that. They are about tied over the past 20 years. I think either one is great. Sometimes the small and mid tech companies will make a nice push, and at other times (like lately) it is all about the big guys. I think there is a 'decent' chance VGT will perform comparatively well in the coming years as things balance out a little (away from the magnificent 7 and more spreading the love). But my real answer, I have no idea. I love both of them, and think you can't go wrong 'long-term' with either.
Hey Roxanna, M1 investment accounts are SIPC insured. Each account 'type' is protected up to $500,000. For example, if you had a Roth IRA, a Traditional IRA, and a taxable account, each would be protected for $500,000. A total of $1,500,000. If you have more than $500,000 for a single account type, you 'may' want to split it between brokers for extra protection. Some prefer convenience while others make sure they stay under $500k per account type per broker.
Thank you for the kind words, I'm glad you are enjoying the videos! I do not trade any options personally. I should make a video on why that is eventually. It would be hard to put in words here (: Basically, options ALWAYS come at a cost. Technically. Guaranteed cash flow is not without opportunity costs.
JEPQ is a great ETF for 'yield now'. I have it because we NEEDED the money for bills when I quit my job to start this channel. However, if you have consistent income and a long time horizon before you NEED the money, I would recommend sticking with QQQM. It has a higher ceiling than JEPQ, and it will very likely have higher returns (no call options lowering its returns when QQQM shoots up). I think VOO, SCHD, and QQQM are better (without JEPQ) assuming you don't need cash from it now. JEPQ is fantastic for cash flow now (retirees).
I'm heartened that one of your videos popped up in my algorithm. You are very knowledgeable about what you practice and explain it clearly. The content you put out is exactly what I am looking for. Unfortunately, I am situated in the Netherlands and have limited access to US ETFs. EToro is a broker that lets me trade US ETFs. But I am reluctant because there are different rules for taxes etc. will there be content in the future for EU ETFs similar to these US ETFs
Hey AJ, thank you for the kind words. My investing knowledge base is entirely from the US perspective at the moment. I don't want to mislead people by talking about stuff I don't know much about. That said, I do plan to broaden my horizons over the years on this journey.
Hey Will. I stick to my target allocations at all times. Therefore, I haven't purchased any VGT in a long time (been at 650 shares for quite a while). This is because VGT (growth stocks and ETFs in general) have had a killer year+. Most my new money has gone to the money market (to keep it at 10%) and SCHD (to keep it even with VOO and VGT). I use this strategy to never try to time to market (dangerous thing) and to forever by the dip (underweight holdings) on autopilot.
If I have SCHD in my Roth and have it set to reinvest dividends, do those dividends count as a contribution, or interest? I don't want to over contribute due to some dividends being reinvested.
Great question! Reinvested dividends do not count towards your contributions. You are able to put in the full $7,000 of new money in 2024. Maxing a Roth IRA for many years makes it nearly impossible to not become a millionaire. Keep going and never look back.
@@JeffTeeples Thank you! I guess now I'm wondering, what are the tax benefits of having SCHD in a taxable brokerage then? And thank you so much for your videos, everything your hitting is coming right as my family needs to learn it!
Great question. SCHD (and others such as VOO, DGRO, VIG, VGT, etc) pays qualified dividends. This is at the special tax rate of long-term capital gains, and it does NOT add to your taxable income (so the dividends will not push you to a new tax bracket). REITS and interest from high yield savings or money markets pay ordinary dividends. This is taxed at a higher tax rate, your marginal tax rate, and it DOES add to your taxable income as well, which can push you to a higher tax bracket. I'm going to drop a video getting into a bit more detail in the near future.
Hey Eddro. I don't do any options, personally. I understand it, but don't think it adds value to my long-term strategy of growth. I would possibly consider it if retired and needing more cash flow. But I'm not a long-term fan of any ceiling limits, real-time.
I like ETFs better than index & mutual funds. I also like Vanguard above all 'names' when it comes to this stuff. Jack Bogle was one of my investing heroes. Vanguard has quality, low-cost funds with a huge assets under management number.
Hey Christina. It will not be included in my individual stocks for a while because I have specific trend filters that must be met. For example, any company that makes the screener must pay a dividend, and it must have grown it for at least 3 years in a row. I'll never get the hot new thing, but long-term stability and growth is the objective for me.
Hey Keith. I'm working on putting together a few videos to explain the compounding logic of growth. Regarding the dividend and price growing 'exponentially' over time. It's hard for newer investors to see how this stuff 'adds up'. As far as explaining the technical terms behind this stuff in detail (logarithm & exponent relationship), I'm probably not the right guy.
@JeffTeeples they have rent escalators and 45 yr avg lease length hope they get the Raiders stadium and A's baseball stadium to tie up the vegas sports and gambling real estate.
Don't get me wrong, I don't think investing in VICI (or anything that one has conviction in) is a bad thing. I like to roll with low-cost, passively managed ETFs for my personal portfolio.
I hope it goes to the moon for you! My friend, who is mostly ETFs, also rolls with some VICI on the side. He's a very smart guy, smarter than me. So I wouldn't be shocked if it works out well!
I did. I thought that was a bummer. I still think it's the best solution, by far, for passive, long-term investors. But I don't like the structure of essentially a 'poor tax'. I'll have to tell my family members (got them all started) to work hard to that $10k amount!
You have a point. Having both a Roth and traditional IRA does make sense because no one knows what the future taxation environment will be like. There are also a lot of benefits to a Roth beyond tax advantages for generational wealth building.
Backdoor Roth IRA conversions were not worth it for me. It would lose me a lot of money in prime earning years because I have a big balance in a traditional IRA. The pro-rata rule is brutal. I explain it here in this video. Backdoor Roths are great, but only for certain situations. Beauty is, I can now fund the Roth for wife and I directly because I don't have high income anymore (: ua-cam.com/video/1lnakHeJpjQ/v-deo.htmlsi=3Pe_6mlQLczNoH6E
Backdoor Roth IRA contributions are great, however, they are situational. The good news is that I can now do Roth contributions for wife and me without worrying because I walked away from my income (: Here is the video I explain the Backdoor Roth pros and cons. ua-cam.com/video/1lnakHeJpjQ/v-deo.htmlsi=3Pe_6mlQLczNoH6E
Hey Haowei. Including those first few years are brutal when including the dot com crash. However, this mix performs very well. XLK, which is VERY close to VGT, has outperformed SPY since 1/1/1999. This includes the crash that I know you're referring to. And SCHD (the companies in it) held up WAY better than tech in that era. So that is a bonus. The Nasdaq-100 has destroyed the S&P 500 (VGT and QQQ are similar over the years) in the past 40 years with multiple recessions. I can't get 'exact' data because of the age of ETFs, but the mix handles crashes, in general (especially DCA in only and no selling), fairly well. It will be fun to see some crashes in the future (I look forward to it). Another fun stat, nobody has every lost money in the US over a 20 year stretch of dollar cost averaging into the S&P 500. Not once in over 100 years, you can hand pick the 20 year timeframe. In fact, they have never lost to inflation. It's pretty wild. Hand picking a buy here and sell there (20 year stretch) is more or less meaningless (one buy ever, looking for handpicked bad timing). Because how many of us only invest once ever. I always laugh at those studies and think 'cool?'. But it is still hard to find 'losses' with that method. I guess my point is BUY BUY BUY, especially when things get ugly.
I like E*Trade way more than the other popular brokers. It is simple and clean. I love the money weighted return and automated pie system of M1 Finance as well. This makes running my 'ETF' (my hand picked stocks) a breeze. I also get to see exactly how I do against the market (including sold positions) on a money-weighted return basis. Apples to apples. They, for different reasons, are my favorite online brokers at the moment.
Firstly I would like to congratulate your path toward ETF , not many people have a clear vision of what they want, I might have been one of those unfortunately, I am late to the party and like you said I wouldn’t be stubborn about not getting into your ideas and thoughts now. Ok, I do have a question to ask and that’s basically on behalf of my husband, he has put some of his inheritance in Money market ! But he has been asking me what is money market, I myself have also been chasing yields but not having the clarity of what that is so I can explain to him, is it a way to tell him that it is safe to park his money there before any decision to invest ? I myself also like to know whether money market Is safe.
Hey Brianna! Money markets and high yield savings accounts are a very safe place to invest your money. I like to roll with the money market VMFXX (from Vanguard). It's currently yielding 5.27%, and pays monthly. I used to park my money in the high yield savings account at Wealthfront, and another couple over the years. I got tired of jumping around to find the highest yield on savings accounts. When the federal funds rate would go up, some of them would offer a better % right away, and some would drag their feet. I finally choose VMFXX because I noticed it 'auto-updated' better with the changing fed rates, and it has been consistently higher than all of the available high yield savings accounts. I park my 'cash' (like your husbands inheritance) in VMFXX and get a monthly interest payment. It takes a day or two to 'sell' the money to have it ready to use. For example, I've been buying IBIT each week in E*Trade. What I do is 'sell' $500 out of VMFXX each Thursday evening. It is ready to go for buying IBIT on Monday morning. VMFXX is managed by Vanguard, and it invests in US securities and repurchase agreements. It is extremely conservative (basically cash that never goes down) as US Treasuries always pay back. For a while, I was buying treasury bills directly, but I didn't like my money being tied up for X amount of time. VMFXX takes advantage of timing freedom, the highest rates (compared to high yield savings accounts), and investments that always pay for safety. I like it because it makes it easy. All within E*Trade, 'sell' it when I want to buy stuff, never worry about chasing the new hot rate at a different high yield savings account.
Is VMFXX FDIC insured? If it is, is there a limit? I am currently parking some of my money in mainstream bank such as Bank of America, Wells Fargo and US bank , the money market account I am using is FDIC insured, that is what I have been told. What is the difference between VMFXX and all the banks That I mentioned earlier?
@@JeffTeeples All my money is parking in preferred deposit ,preferred savings….etc, I have been told that they are FDIC insured up to250,000 limit, what are the difference between those Bank money market account and VMFXX? Isn’t VMFXX also FDIC insured?
VMFXX is not insured. It is extremely conservative and has next to zero chance of having a problem. The US Government has never defaulted on a debt payment. However, it is not insured to be clear. Many of the banks savings accounts (basically all of them, but always check) are FDIC insured. Regardless of where you decide to keep your cash, make sure to dollar cost average it into your portfolio of ETF investments. 'Long-term', the SCHDs of the world will run circles around ANY form of cash equivalents (: Probably don't want to dump it all in at once, but don't keep cash toooooo high if you're comfortable with life flow and have a nice chunk of savings. That will cost thousands of dollars of opportunity cost (long-term when zooming out), and you will eventually lose to inflation over many decades.
High yield savings accounts that are FDIC insured guarantee you will not lose your first $250,000, no matter what. Money markets don't offer the same 'guarantee'. The bank will take your $100,000 (or however much you keep there) and lend it out, invest it, and do all kinds of things to try to make money. You're basically 'loaning' them money to do business with zero risk to you. It will always follow the federal funds rate (because ultimately that determines how much money the bank can make with your money). This is very watered down, but that covers the basics. Those savings accounts are safe and should always be used over things like Chase checking (or many other things) that pay basically 0% interest at all times.
She's great! Yeah, we lost over half our income when I quit my job. However, we (she) is still able to max out the 401k and HSA at her work. We use the extra income from JEPQ to bridge the gap on paying bills for now. I will slowly start making money on UA-cam (not much, but every bit helps). Hopefully sound strategy and a long-term vision makes this all worth it. I'm excited about the HODL factory. I have high hopes for that down the road. It's fun managing some individual stocks. I think we have a solid formula.
@JC-JC20 thank you, I hope it gets some nice momentum too. I am a bit crazy, no arguments here. I just wanted to help as many people with this stuff as possible. It was time. I know that sounds like I’m trying to say all the right bs, but it’s true!
How are you planning for your kids College Jeff ? While College in general is not very valuable now a days. The $250K piece of paper will always be required to get in the line of Job Market :-( Do you have 529 plans for the kids. Its too bad that instead of saving for our kids and giving them something to live life we have to transfer all our hard earned money to colleges where people end up studying lot of outdated stuff and then compete with AI and Outsourcing of jobs to different countries. I wish Congress could put a cap on the fees of Colleges.
Hey Amit, thanks for the great question. I do not use 529 accounts for my kids. I don’t think they are worth it in WA State. I will very likely pay for it with qualified dividend cash flow that is taxed at 0%, and maybe a touch at 15% at that point in time. My oldest isn’t 4 year, just working the snowball for now. I prioritize HSA, 401k contributions, and Roth IRA x 2 (between my wife and I).
Hey Bruce, I have not seen them. I’m all caught up as of this morning. Very strange (I commonly fall behind by about 4-5 days, getting a lot, need to limit to business inquiries soon). If I didn’t answer, I didn’t get it. I haven’t deleted any.
@@corebizstyle that is my only email for UA-cam stuff. Strange, nothing in spam (that isn’t actually spam). Try to shoot them my way again. I will say I need to limit it to business inquiries only (getting hit with a LOT of emails). I need to find a simple way to provide access for communication within the members. Perhaps a discord server. But I like to be very disconnected from these things at the same time, so I need to be smart about it. Would love a tight community. Maybe I’ll bust out a discord server soon.
@@corebizstyle okay, I’m not receiving them. This is strange. Can you direct message me on LinkedIn? I will have a better solution for this for members in the future. It’s tough, because I don’t want to put my info here (for all), and I basically don’t use any social media lol. If ‘X’ has direct messaging, I’m @RipCityTeeps. That or linked is is pretty much it lol
Impossible! haha. I although I actually do that by design for engagement. I will tone it down a little bit (naturally I'm actually perfectly still and even MORE boring than I am on these videos).
Hey Jeff, is VOO, VGT and SCHD the most efficient portfolio out today? is this the best you can do in terms of risk/reward tradeoff? Can you do better?
Thank you for the question. I think that is debatable. There are a lot of great ways to go about investing. If someone chooses low-cost ETFs, I think it’s a great mix. It’s important to have a mix of growth, dividend, and a cornerstone. How much of each depends on goals, age, things like that. Cornerstone is the least debatable. VOO or VTI are both great, I like VOO but take your pick. Growth and dividends have so many quality options! I think SCHD and VGT are awesome together because of the almost literally no overlap they have. Especially with AVGO leaving SCHD (that was over half the overlap). I can’t say my mix is ‘objectively’ the best way to go, but it certainly ‘makes sense’ to pair the two. QQQM may be a better growth ETF if someone doesn’t want 100% tech there.
I’m seeing great returns on VOO, VGT, SCHD. But I’m a little confused with your other picks such as JEPQ. And a little confused why your VGT is in your Roth all by itself. I keep them all together. And I know you’re buying $500 worth of IBIT every Monday which makes up 3% (which is recommended) of your net worth. My net worth is only $2k or so. I tried buying $500 every Monday like you but my portfolio and I were getting wrecked.
@@Powered-by-S.T.E.M thanks for the feedback. JEPQ is not a long-term holding for me. I quit my job (170k a year) and needed cash flow to pay bills at the time. I think I’ll sell it as soon as it is a long-term holding, and trickle the money into my other holdings.
You mentioned selling Bitcoin to buy the IBIT Etf. Cant remember if you alluded to why you dont want to hold the actual bitcoin and would prefer the ETF instead?
Hey Jon, thanks for the great question. I break down my reasons and strategies regarding Bitcoin in this video: ua-cam.com/video/3gtladwRgn0/v-deo.htmlsi=anvQgNyPem7tkZiN
New Subscriber here, random video popped up with your interview with Ari, and I am not a subscriber of either you or ARI (subscribed to both of you after watching that video)! This is really great video. Thank you for all your hard work on it!
Thank you for watching and subscribing Oldrin. I appreciate it. Ari is great, I was happy he wanted to interview me.
This was great. I appreciate the details and the accountability. I'm in the process of creating my portfolio and I really like hearing all the little random tidbits of why you are doing certain things.
I appreciate this feedback! I'm hoping that showing my consistency will go a long ways over the years. It's weird sharing, I don't like the 'try hard' vibes, lol, BUT, it's worth it because I know it is for a good purpose. Truly want to help as many people as possible over the years.
I watched this episode and decided to buy a share of IBIT.Whoo Hoo! Its up 9.21% today. I know it is super volatile, but my $37 investment is fun to watch.
Very nice Chuck! I wish you well. To the mooooooon!
Same! I will probably never buy more than 1 share, but it's fun to see what it does
I like the simplicity of your portfolio. I’m reducing my direct stock picks as I get closer to retirement. Can’t wait to see your video on portfolio for retirees. I think things change when there is no paycheck coming in before Social Security. You start to think more defense, and less beat the market, but still need some growth too if planning for 30+ years of retirement . Great video! I want to build something similar to what you have here, but for a family with no paycheck or pension.
Thanks for watching and for the comment Phil. You're exactly right about, an ideal portfolio will vary drastically based on our specific situations. I'm going to try to release a few videos in the future with my thoughts about some of those situations.
@JeffTeeples I would like to see a video for those just starting retirement as well
I plan to release this, or something close to it (hopefully), in the near future.
I am also a retiree, when you have time to make one that would be such a great help ! But only when you want to , I know you are a busy man!
I just retired at 55 and enjoy watching these videos. I definitely lean more defensive than I did while working. A lot of SCHD and some JEPQ and JEPI. Trying out a little SPYI right now. As I do some Roth conversions over the next few years I plan to keep some of my income ETFs in there.
What I like most Jeff is that I feel like I can relate to you. I’m making what you were when you stepped away from your corporate job. My goal is to bust my ass the next ten years in DC…then re-evaluate at 40 what my retirement plan will be.
That is music to my ears! Thanks for the feedback, Johnny. We are all different as far as specific goals, but your comment pretty much nailed why I make these videos! Get as many people to their version of financial freedom. There is no one size fits all solution, but there are many one size fits all habits that are objectively good that we can implement to get pointed in the right direction.
keep pumping out those financial informational videos Jeff!
Thanks Kevin! Will do.
Would you mind explaining a little about what you meant when you were talking about JEPQ around 17:20 in the video? Like when you said even though it's not taxed favorably and why you want to get rid of it in the future? I don't know anything about it but I like the idea of getting small amount of income monthly :D.
Thanks for watching and for the question. It came at a perfect time, as my video on Sunday will dive into the depth of this question.
Short version is that the dividends form JEPQ and JEPI are (mostly) adding to your ordinary income. They are 'non-qualified' dividends.
This means (if in taxable account):
1) They get taxed at a higher rate than qualified dividends
2) They add to your taxable income (it's as if you made more money that year, unlike qualified dividends that are completely separate from your 'normal tax stuff')
3) It can push your marginal tax rate into a higher bracket (unlike qualified dividends that will never do that, even if you received something like $200,000 in the year).
I explain this in greater detail in my next video. Just to be clear, JEPQ is great and I like it a lot. Just not as much as other options. It can be fantastic for retirees (this will be touched on in the video as well).
@@JeffTeeplesThank you so much for your detailed response! I greatly appreciate it! I can't wait to see the video, so glad youtube helped me find your channel!
How about if we invest JEPQ in 401k ?
I have around 10k sitting there ready to invest…. Not sure if I should invest in FBTC or JEPQ ?
My 401k is of 50% QQQM, 40% VOO, 10% SCHD as of now
I am a beginner in the market.Learning so much from you. Thank you for your selfless sharing!
Thank you for the positive feedback Nancy. I appreciate it! There is a lot to learn! (for me as well, nobody has all of the answers).
Your videos are really informative and fun to watch, thanks a lot Jeff! I would be following your VGT+SCHD+VOO mix to the letter, except for one issue I have with them in that I prefer to divest from weapons and they are heavy on weapon manufacturer holdings (definitely I have no quarrel whatsoever with anyone who disagrees with that approach - to each their own).
Currently I am holding a mix of:
1) Growth: QQMG+IGV+SMH+XLC+XLG
2) Dividend: RDVY
3) Market: ESGV
I would love to get your input on that portfolio and/or alternative holdings to consider! In its current state I think my portfolio is still far from optimal, one obvious downside to it is that most of its ETFs have high expense ratios.
Thank you for the detailed comment and the positive words. Your dividend and market replacements are great. The growth isn't quite up to snuff, however, they get the job done. I think you have a solid portfolio all things considered that aligns with your values.
Hello Jeff, thank you for your replies!! If VGT and SCHD are already in the portfolio, what is the benefit of VOO? I agree that VGT - is ok for growth, SCHD - is for growth dividends, JEPQ - is for high yield, but what VOO will add to this sushi set ? :)
VOO is great to own a slice of the market. This has outperformed 99% of actively managed funds and investors over rolling 20 year periods for over 100 years (including the funds that disappear).
VGT + SCHD makes something ‘like’ a hybrid fund like VOO that has it all.
The 50/50 mix has outperformed VOO lately, but we will see if that continues. VOO is tough to beat over the years.
Short answer is VOO gets you a ‘similar’ mix by stock mix type to the SCHD/VGT mix. I always like a nice slice of the market instead of only going tech and dividend stocks.
I found your channel by accident while trying to look into investment strategies for the future. I greatly appreciate the honestly and transparency which made me subscribe. You practice what you preach which means a lot! Great content, and easy to follow,keep doing what you’re doing! I’ll be watching! Thanks!!!
Thank you Robert! I'm glad you stumbled across my channel! I appreciate the kind words!
Awesome job, as always. I’d definitely invest in your future ETF regardless of the ticker symbol;JEFF, TEEP or whatever, I’m sure it’ll be a solid ETF. Keep up the great work, Jeff. Greetings from Chicago 👋🏽
I appreciate that Alex! I definitely want to 'prove myself' for many more years before officially making it happen. Working out the methodology and screen criteria each quarter as we go. So far it's going well.
@@JeffTeeplesI am also in line to invest in your ETF ,Jeff!
You are relevant and very helpful to so many of us watching. I always look forward to your videos more than any other UA-camr. You walk the talk while others talk the talk.
Thank you for the kind words! I appreciate it! It’s been fun to see this awesome community grow!
Would you always hold 10% of your portfolio in cash in money market? Is it because money market has a decent interest these days? 10% accounts for emergency funds too? Would you mind sharing the thoughts process behind it?
Hey George, thanks for the question. I like to have about 10% of my portfolio in cash and cash equivalents.
This includes both of our checking accounts (small amount) and money market. In the past, I've had it in high yield savings accounts as well. So there is no hard rule about where it is, but I do like it at 10%.
This enables me to automatically save when the market is high and buy my target allocations when the market drops.
The 10% does include my 'emergency savings' which is primarily in checking. We like to keep our checking at about $5,000 or so. That way, when life happens, we will have money ready 'NOW'.
I would highly recommend a set amount of an emergency fund before getting deep into investing. I would say at least 3 months of total monthly living expenses.
Appreciate your detailed response!
Stunbled upon this content by chance and I'm glad i did. Love your orgamised approach. A lot to learn!
I appreciate the kind words. There is so much to learn about this stuff. I love making these videos, and I learn a lot of new things along the way.
Hi Jeff, any pointers on how to get the best dividends/returns right off the bat? I’m 52 and just starting this journey. I feel so behind!
Hi Patricia. Great job starting, it is never too late! You'll likely need some higher yielding assets when you first retire. My favorite 'that' is JEPQ which yields around 9%. There are 'higher' yielding options, but JEPQ has an awesome underlying index (Nasdaq-100) and will provide solid growth as well.
My video on Sunday dives into the topic of how to create your required income at retirement. Thanks!
Great video and great job! We have similar beliefs in portfolio construction.
One point of constructive criticism. When you backtest your portfolio against VOO and VT you should include your 10% allocation to cash (cashx in portfolio visualizer).
Thank you for watching and for your constructive criticism! I love learning from feedback.
In this case though, I should put in my two cents. You never want to use cash in projections like this. That would delude the results and not inform you what invested assets are better.
As someone that made a living making models like this, I just wanted to provide that two cents. You always want to compare apples and apples. Otherwise, your results won’t tell you anything.
You could add cash to both sides, but that doesn’t help either. This is a model for making investments decisions. Cash is a different decision (and another important one, what % to keep in it).
If you did 90% DGRW and 10% cash vs 100% VOO, you wouldn’t learn what is a better investment, VOO or DGRW. And that is the point of these things.
@@JeffTeeples I understand, I thought you were comparing your actual portfolio allocation to holding just 100% VOO or 100%VT. I see many people comparing ETFs in a vacuum vs how they actually hold them. Like they say look “DGRW outperforms SCHD by itself so it’s better”. But like you, I hold SCHD + Growth and then rebalance.
Thanks!
Jeff thanks again for another engaging video. Your genuine honesty and excitement come through in every video. Easy to listen to.
Thank you for the kind words! It is much appreciated!
Hi Jeff - Thanks for sharing your updated portfolio! I love your "do as I do" approach! Your videos keep getting better and better every week! You covered a lot of very important ground here. I really enjoyed the depth and breadth of this video. In the future, I look forward to seeing a single comprehensive spreadsheet that connects all of the individual spreadsheets you discussed today. I am also very interested getting a better understanding of your HODL Factory methodology and investments.
There are many options for investing in Crypto. Why did you choose to invest in IBIT?
Thanks for the feedback Bruce! I'm excited to share future updates about the HODL Factory as well too! Not sure if I'll spill the exact methodology for a while, but I will show details on the basics, along with full details of all the holdings.
I went with IBIT over the other spot bitcoin ETFs because I liked it's combination of a high assets under management and low expense ratio. Bitcoin is the only crypto I'm REALLY interested in, and I don't like holding it directly. The ETF path made perfect sense to me.
Thank you for mentioning REITS. I can't wait until the video on it comes out.
I'm not a huge REIT guy myself, but they do add some nice value to portfolios in retirement. Full thoughts coming soon! (:
Enjoying both investing style and video presentation. New subscriber here. Will be following and paying attention because I see a lot of similarities to my style, time horizon and my view of how to split the overall portfolio. Good job on the videos, too. I'm sure just learning the ropes in video content creation is challenging and time consuming. Appreciate the efforts and looking forward to keeping up on the journey. Good luck to all!
Thanks Bryan! I appreciate the feedback. It has been an interesting journey to say the least, and I have a ton to learn about this stuff. Nothing like diving into it at 41 years old. Haha. The younger people are thinking 'what is wrong with this guy' (:
In all seriousness though, I'm loving it, and I'm excited to continue down the path!
Just hit 100k in my IRA.
Also starting a Robinhood account to build dividend income.
That is awesome! 100k is a huge milestone to hit. It seems like nothing is happening before that, but the compound effect REALLY takes off around that point. Keep on adding to that thing. 7 figures is WHEN, not IF.
That first 100k is the hardest to hit, as long as you have the right allocations the compounding effect will do wonders for you! Congrats.
I got Robinhood for more than 3 years but only used it to buy individual stocks, but after watching Jeff, I switched all the holdings into 2 funds which are Voo and SCHD!
Jeff, Please do a video about 360 degree protection needs for significant portfolios. We like what you do on your channel.
Concerns going forward for us are hacking protections for portfolios, avoiding losses, understanding inflation’s impact on investing, bonds look like loss leaders in inflationary times (Prof Cedarberg’s research that bonds recover only after 7-9 years or never while stocks take 18 months - 3 years to recover positions prior to major loss periods, and finally how much cash in a developing bear market is recommended.
Thank you for the comment and questions.
I like to keep things simple. I'll say I don't like bonds in any market with my DCA strategy (no selling) for multiple decades. The data for the past 100+ years supports this.
I like 10% cash in any market personally to automatically buy the dip to your target allocations. For example, is someone has $500,000, then I like $50,000 in cash (10%).
If the market crashes, and your investments are worth $400,000, it's time to deploy cash to get it back to 10%. If the market goes up to $600,000, it is time to get the cash equivalents to $60,000. I like VMFXX for 'cash'.
I like a mix of growth, dividend, and cornerstone (VOO or VTI) ETFs for all investors. The allocation depends on age, risk tolerance, wealth, goals, and work situation.
Market crashes are our friends pre-retirement (assuming DCA in only, and never panic selling). I just like the steady eddy system to building portfolios over many years / decades.
Jeff: are you open to creating a video on how you incorporate all your accounts into one dashboard? I manually check all my accounts - unfortunately way too many accounts - and update my balance sheet monthly into excel. Your system seems to do a better job of showing a true snapshot of all the accounts, in addition to showing where some of your weightings may need rebalancing.
Hey Kory. Thanks for the feedback and the question. I was actually considering quickly showing this in the next portfolio update. Trying to figure out a way to do it without dragging it on too painfully, lol.
Perhaps a separate video would be better. 'How I manage my portfolio and target allocations' or something to that extent. I'll try to have you covered in the next month or two with something like this.
I saw your interview with Ari G., I’m a new subscriber. This video has great content... and fantastic explanations. You explain your intent to move away from JEPQ to fund longer-term investments. I invest in SCHD, but not JEPQ (or JEPI)… so would it be reasonable to build a position with JEPQ for short-term dividend gains to “super charge” other investments (e.g., VOO, VUG, or SCHD)? All of this would occur from within my Roth accounts.
Hey Mike, great question. I don't think that is a bad move in a Roth. But I do think the main reason to hold JEPQ at any time is for the cash flow (typically for retirees). If you're just building your wealth in your Roth, for example, I think QQQM will very likely outperform JEPQ 'long-term' which will allow you to buy more SCHD.
Again, JEPQ is great, but the ceiling of total returns is reduced a bit with the covered calls, and the 0.35% expense ratio, while VERY small for an actively managed fund, will 'technically' add up compared to other ETF options.
But doing that, and feeding the dividends into other ETFs for more growth isn't a bad idea at all (in a retirement account). I'm really splitting hairs. Also, JEPQ has done very well lately on total returns!
Hi jeff, an idea occurred to me regarding the way you use a cash position. I would be curious how you could back test various levels of cash over time. Like how you use portfolio back testing to compare positions, how could you do that to see the difference of a 5% cash position versus 10% versus 20% versus 30% etc. I suppose you could model a money market fund with rebalancing enabled. Will check that out on my own. Edit: I did it with VOO at a 20% buffer and it took 2.2% off the CAGR and reduced the max drawdown from -24% to -19%.
Generally speaking, cash, bonds, money markets… basically cash equivalents will backtest poorly. Especially in a bull market.
To keep things apples to apples, I try to backtest long-term investments vs long-term investments.
I hold about 10% cash. But I would hold 10% cash with the ‘competition’ as well. So including any cash in the backtest will not show me which portfolio is stronger.
Cash always ‘cancels itself out’ for me when deciding what to invest in.
If I’m a bit heavy in cash, I’m okay with that, personally. I love market crashes because I activate auto-dip-buying-mode to get cash back to 10%.
Appreciate the transparency! We have similar strategies in investing and have been taking advantage of the Tech boom and avoiding “dog” sectors to accelerate towards early retirement. They can call it chasing returns, but it’s better than sitting on the titanic.
Definitely! I never get to hot and bothered when people say ‘performance chasing’ or ‘past performance doesn’t guarantee future results’. It’s common after reading a couple things. I always think of it as the lemming effect.
My answer in my head to them is usually ‘thanks captain obvious’ but I smile and say ‘great point’. lol.
I’m with you, I know this stuff will dip, and that’s okay. I know long-term will see new trends, and that is cool too. I’ll be ready to adjust.
@@JeffTeeples Absolutely. No one can fully predict the future or the markets, but in the next 5 years you can easily see the continual rise of technology in our world, the advancement in healthcare due to AI technology and the advancement in technologies in producing vehicles, goods, etc. It's not like we have a new energy source we can predict which will change the game, or a new type of housing that revolutionize Real Estate... the odds are pretty favorable to increases in specific sectors just based on logic and where companies are reinvesting their money into.
Hi Jeff, thanks for another great video.
What are your thoughts on below.
My portfolio is fully ROTH.
I have 40% in vgt, 30% in voo, 30% in SCHD+JEPQ.
What do you think of holding the mix of schd and jepq as 50% each of my 1/3 portfolio. Is it better than schd alone or same or bad?
I think that is a great combination of ETFs for your portfolio. Especially in a Roth, where the taxes of SCHD and JEPQ are the exact same (zero). SCHD is comparatively better in a taxable account, but that doesn't matter here.
I think SCHD and JEPQ are different, but both great for what they are. The 'best' one depends on the situation. At a very high level, SCHD will get you more FUTURE cash flow (whatever you have now will beat inflation forever), while JEPQ will get you more CURRENT cash flow (you'll crush inflation now, but not grow quite as much looking 10-20 years into the future). They are both great, and the combination will set you up for all times.
@JeffTeeples thankyou!appreciate your answer.
When you say jepq beats current cash flow and schd for future. Doesn't dividend reinvestment from jepq into schd and retaining a jepq foot print better than than schd alone?
My overall goal is to catch up bit of time for retirement.
Definitely. Reinvesting the dividends will be powerful for both JEPQ and SCHD. It's all about the shares owned with both. Currently prices don't really matter (I mean, they do for buying more shares of course, but for cash flow it is fairly irrelevant).
Hi Jeff - Amazing video as always. Thank You for being so transparent with your holdings. It is so helpful when comparing what I do, to what you are doing.
You may have already covered this and if you have please let me know where to look. What are your thoughts on having a large JEPI or JEPQ holding and then taking all the dividends from those investments and buying into something like SCHD for long term holdings?
Is this a good growth strategy or am I deceiving myself by overthinking and trying to be slick???
Thank you for the positive feedback and for the question. I don't think I've explicitly covered it, but I don't think that is a bad idea at all. I would recommend keeping JEPQ and JEPI in a Roth IRA if you don't need cash-flow. That will protect you from the increased taxes on the ordinary dividends they pay. Whereas SCHD is a better option in a taxable account with the qualified dividends.
Hello Jeff and thanks for sharing the useful info!
In the above overview I didn't see the JEPI, did you sell them to buys something more useful ?
Thanks for watching and for the question. I sold JEPI awhile back in favor of JEPQ. I like having exposure to the Nasdaq-100 index and the higher dividend yield. I have so much 'VOO' in my portfolio that JEPI was more redundant.
Long-term, I don't plan to hold either (more to come in my next video). But I prefer JEPQ of the two, all things considered (both are great).
@@JeffTeeples, What is your attitude to high yield stocks like O, Main, VZ? They have higher dividends than SCHD but still dividends growth and total return are not bad over time. (I mean not to replace SCHD with these stocks, but cons and pros of having them together in one portfolio).
And of course VOO is great as a growth ETF, but it's dividend yield may become attractive maybe in 20 years :) What do you think?
@@leonnone9324 Great question. I think those higher yielding stocks are fine. If more yield is needed, then going outside the dividend growth ETFs could be necessary.
I like ETFs better in general for the fact that I don’t have to keep up with individual companies as consistently.
Instead of holding MSFT, AAPL, AVGO, etc, I buy VGT.
Instead of holding quality dividend growth stocks, I roll with SCHD.
Instead of buying quality high yielding stocks, I pick something like JEPQ.
There are many options for each ‘type’ of investment. And I do love picking stocks, I think it’s a lot of fun. I just like ‘most’ of my portfolio being hands off ETFs.
I have JEPQ as a 10% position in my Roth IRA. I'm not retired. I like capital appreciation combined with cash infusion so I can buy more SCHD
Hey Chris, thanks for the comment. It is a wonderful 1-2 punch to combine the yield of JEPQ with the growth of SCHD. Keep accumulating those shares!
Great job! Love your videos…always learning from you…
Thank you DP! I appreciate it. I want to help as many people as possible. Also, I have a ton to learn myself. It is a win / win making these videos.
Showed up early for my Sunday school session. I do mostly index ETFs but if Boeing drops huge, I’ll buy at $120
Very nice, Vic! Yeah, Boeing stock (BA) has been a solid investment over many years. It does get a lot of negative press when bad things happen (as it should), but, buying the dip can pay nice dividends over the years (well, it doesn't technically pay dividends, maybe a bad figure of speech there).
What were some of the prices of the funds when you first bought them? How long you been holding these funds to see them grow, or did you just deploy a big amount of money in the funds? Thanks
A little of both. I have been a buyer only since late 2010, and have never sold (except to rebalance, but never sold to 'take profits').
However, I don't mind moving stuff around, too. The oldest tax lot I still have is from 2019. When I rebalance, I don't care about keeping the oldest.
As far as prices, VGT and VOO were crazy cheap.
Been watching from the beginning just subscribed today lol thought i was already subscribed
Haha, thanks! I appreciate it.
Congratulations on your approach and return. Keeping simple is great. Look at a few individual stocks though and you'll bust it out MEGA
Thank you for the kind words. I appreciate it!
Look forward to your portfolio updates 👍💰💰💰💰💰💰💰
Thanks Jed! I look forward to making it! I think once a month to discuss how things are going and any moves I’ve made.
Thanks for these videos, Jeff! How can we invest in the HODL factory? Will you reveal the spread to us? The performance is fantastic! Hands down, I'd buy your ETF.
Thanks Adrian, I appreciate it! It’s tricky, I’m not sure exactly how to reveal the HODL factory. I will definitely be sharing more, but I’m not sure how much.
I really want to make it an official ETF in the future, but I want to prove I will beat the market for a few years first. It’s not out there to invest in yet, but stay tuned.
GREAT job Jeff.... Thank you very much for sharing your portfolio and its results...Your presentation was very well done Excellent job on your investments - especially at a such a young age....... Kudos... Looking forward to your HODL video as well as your other videos...
Thanks for watching and for the positive feedback Lance. Much appreciated. I look forward to sharing the updates, good and bad, in the future. I'm thinking a monthly recap of all the happenings will make sense (dividends received, changes made, updated value, or other things that come to mind).
@@JeffTeeples I think that would be great. I know there are a few out there but it would be great to get your take on the SCHD realignment.
@loakland2773 hey Lance, that will be the video I make next week. I’m excited to talk about it and the quarterly dividend. Won’t be releasing until 3/31 most likely, though. I’ll be a bit late.
Can I choose on Robinhood in what ETF to invest my dividends? I do not want my dividends to automatically be invested into the same ETF that pays them. Many thanks.
Hey Manny, great question. You are able to disable DRIP, or dividend reinvestment plan, in Robinhood. This allows you to choose where to put the dividends.
M1 Finance is great in that it will reinvest the dividends into the holding that is the most underweight.
In my Etrade, I leave DRIP off so I get to choose where to invest the dividends manually.
Hi Jeff, I do know how to enable or disable drip, but can I let’s say, for example have ALL OF my dividend payments of ALL etf’s reinvested in SCHD only?
@@mannybreidenbruch906 to my knowledge, and I could be wrong, you would have to do that manually.
Drip = off for all (except for SCHD I guess). Then log in and invest all dividends received into SCHD.
I love this channel. The information provided is priceless.
Thank you for the kind words Vitaliy. I want to show how staying the course works well over time. I'm excited for a market downturn to show how I handle that. It will eventually happen, it always does.
I have not finished watching this video yet.. but your hand movements distract me:) fYI.. cannot wait to watch the rest:)
Hey Paul. I smiled at this because it is ironically something I've been working on DOING. I did presentations at work for many years (in a different setting) and I was good about even voice, no hand movements, etc.
When I started doing UA-cam videos, I was told that I was boring and needed more jesters. Perhaps I've overdone it (:
But your feedback was weirdly a compliment for me, lol. I'll have to work on settling somewhere in the middle.
@JeffTeeples I am glad you liked the comment. After I posted I was going to delete it because I thought it came out douchey. Anyhoo.. I finished this video and subbed. I really liked your method and the transparency. Great job!
I think it was great feedback. I need to make some adjustments for sure.
Loving the videos. Quick questions, why do equate Jepq to cash? You see no risk in it?
Hey Owen, great question. I don’t consider JEPQ cash. I make a special section for ‘cash flow’ for it. My cash stays at around 10%. This is money markets, T-bills, checking, or savings.
I purchased JEPQ to help pay bills after quitting my job to start this channel. I will be selling it after it is a year old (for long-term capital gains treatment).
Great food for thought! I appreciate the information and the strategies you have implemented, plus the spreadsheet tracking makes me happy
Thanks Mark! I appreciate the feedback! I'm a spreadsheet nerd for tracking pretty much everything I do in life. lol.
Just curious about your bitcoin. Since you had already started purchasing bitcoin directly on an exchange, why switch to IBIT?
I feel a lot safer buying the ETF. Too many risks with buying and holding Bitcoin myself (even on cold storage). Also, I want to take profits, so the 0.20% ER is nicer than the lump fees I pay to buy. I've been involved with one of the brokers that have done shady things.
I like the idea of buying IBIT weekly, and capturing the long-term profits weekly as well. I like Bitcoin, in general, but am torn a bout its future. I don't feel comfortable buying and holding it for 10+ years. I could see massive unrealized gains evaporating overnight. Paper gains don't help my portfolio (:
Just spitting some thoughts, not criticizing any strategy.
My problem with crypto is that its a market where gains come from someone else’s losses. It’s no longer a move for distance from the regular financial sector but a stock market without any products associated.
Hey Stanley, thanks for the comment. I agree with you about that. I have many concerns about crypto.
I like it for other reasons, but, I agree it doesn't 'produce anything'.
Im 33 thinking right now to start to invest long term on etfs. But everyone says marker will crash sfter rate cuts begin so im thinking to wait and put all my money on a money market account yielding 5% a year. At least its something and im sure it wont go anywhere. Whats your thoughts should i start now or wait for a potential crash?
Hey Daniel. I think you should at least start the process of dollar cost averaging into low-cost ETFs. The right time is always 'now'.
Perhaps put the money in the money market to begin. Then each week, take a set amount and sprinkle it into your ETFs.
The market will crash, eventually. It always does. But pro tip, people will ALWAYS be talking about the coming crash (: Literally, always. It has been like this for a decade, and many, many people have lost juicy returns by listening to that advice.
I'm a fan of getting the money in the market, and continuing to do so with dollar cost averaging a set amount of money into the market each week.
Nobody has ever lost money in US stock market history by dollar cost averaging into the market (S&P 500) each week or month with a set amount of money. Pick any 20 year stretch in history and it has been impossible to lose money with this method. That said, I say start ASAP and be a buyer only. Never sell, especially when he market crashes. Buy when others are running away.
as it happens, this yours truly also recently quit his job and landed on your UA-cam channel watching this video to build a portfolio for long term. For someone like me starting today VOO & VGT may seem quite expensive. In your opinion, are these still the best bets or are there other alternative lower-priced ETFs that essentially follow the same index or portfolio of stock mix?
Thanks for watching and for the question! Does your online broker allow fractional shares? If so, then something that follows the same index will have identical returns.
For example, if VOO follows the S&P 500 and is $500 per share, and another ETF follows S&P 500 and is $50 per share, if you put in $50 to either, you’ll have identical returns.
Price only matters if you don’t have enough to invest to accumulate a full share.
I think dollar cost averaging into VGT / VOO / SCHD is a good idea in any market. Nobody knows if and when it will go up or down. But over long stretches of time, we know it will go up.
@JeffTeeples great thanks for the quick reply, much appreciated. I have eToro and Interactive Brokers. Also was given an eTrade account through my job previously. I need to read up which platform is easiest for DCA, fractional shares and low fees overall.
Hi there , is there a difference between selling stocks to live on or getting the money from dividends ? thank you
Great question. The answer is, it depends. As long as you sell stuff that you have held for at least a year, it is as effective as receiving qualified dividends. Long-term capital gains are taxed identically to qualified dividends.
However, dividends are better in that you never reduce your share count, and thus, future dividend cash flow.
YOU control you tax amount as you have to pay taxes for the dividends weather they stay as cash or you reinvest them.
@@eldersprig this is correct. A paid dividend is always a taxable event. Albeit sometimes at 0%. Stay tuned for my Sunday video.
How is your E-Trade account setup? Is it the joint account for you and your wife? Thanks
Great question. ‘Right now’, that is technically 100% ‘my stuff’. She is not included on Etrade at all.
However, we are soon going to open her a Roth IRA in E*trade. Her stuff is currently 100% in HSA and 401k. Eventually she’ll roll it over to E*trade when she retires.
E*trade is slick in that once she rolls it over, and we complete a power of attorney form, I will see everything under my login. I’ve helped others with this and it is great for combining investments to one place. Makes managing and balancing target allocations a breeze.
Hi Jeff, 👋
What do you think about switching the schd 33% in your portfolio, if that is held in Roth, to Schd+ jepi equally.
I plan to have zero JEPQ after my finances stabilize. It is not that I think JEPQ is bad at all, but I'm a big believer in getting the yield needed only, then focusing on growth.
For example, if I had $500,000 to $1,000,000 when I retire some day, I would mix in a nice chunk of JEPQ to pay the bills. Slowly transition to SCHD or DGRO or VIG type things as I could afford to (with social security and any other income) to crush inflation long-term.
If I had $5,000,000, I would have zero JEPQ ever.
If I had $10,000,000, I would have zero JEPQ, some SCHD, but mostly VOO and VGT.
It really depends on the portfolio value scenario. I'm a believer in getting the yield you need (with ETF mix), keeping it all qualified dividends if possible (VGT/VOO/SCHD all qualified for better tax returns), and focusing on the dividend growth / portfolio growth from there.
The beauty about dividends is that they are based on shares owned. So the yield 'technically' doesn't matter. It's all about the shares and dividend growth per share. As prices change, the yield changes as well, even though the dividend payment per share doesn't care about price. Yield is a vanity metric at the end of the day. But it is also the first requirement to pay bills initially.
If you buy SCHD, you have NEVER once, ever, received less dividends compared to the year before if you hold those shares. It has only increased. The yield bounces around, but that doesn't reflect the dividends received. The price impacts the yield without changing anything about the dividend payment per share.
I must have missed it but why are you keeping JEPQ temporarily? Great dividend payer!
I love JEPQ, and I needed money short time after quitting my job. The high yield is appealing.
I don't like that the dividends add to my ordinary income, which increases my taxable income and potential marginal tax rate. The dividends it pays are not qualified, and that has quite the domino effect. I focus on dividend growth from SCHD like holdings. For growth, I prefer VGT. For core holding, I like VOO. JEPQ is great for short term cash flow, but doesn't align with my long-term strategy.
My video that comes out this Sunday will dive more into this.
What do you think of the reconstitution of SCHD ?
Hey Brianna! I personally liked the 2024 reconstitution. I am dropping a video on Sunday with my detailed thoughts (:
Were you able to manage this allocation when you were working with you contributing to employer 401k? I ask that because it’s easier to find voo equivalent in 401k and hsa plan provided by employers. But schd and vgt are not that available .
If you don’t have a considerable amount in taxable or Roth or rollover/traditional Ira, I wonder how practical is your recommended 1/3 in each of vgt voo schd ?
Hey George, that is a great point. Most 401k plans are very limited. The best way I know of is to do 401k contributions to a low-cost S&P 500 (usually available). Then have an online broker that you do all other investing at.
I would roll over 401ks to my traditional IRA when I left employers. This gave the money more freedom (without any tax implications).
Jeff, do you know if I put some money into SCHD this week, will I qualify for the dividend payout on those new shares? How long does an investor have to hold an SCHD share to qualify for the upcoming dividend payout?
ETFs are a bit less defined than individual stocks. Usually, we don't find out the information on the dates until right before the dividend.
However, with SCHD, it's pretty darn consistent. If you buy SCHD tomorrow, you 'should' be good for the dividend date. The ex-dividend date has been the following in the past years:
Keep in mind, you have to own your shares the day before the ex-div date (as of market close).
3/22/23
3/23/22
2/24/21
3/25/20
It depends on what day of the week dates fall on, but I imagine 3/18/2024 will be in time!
In the case of SCHD, the pay date is 5 days after the ex-dividend date.
Thank you! I appreciate your detailed response.
New investor just trying to learn, I know VOO is the etf VFIAX is the mutual fund equivalent. Is there a difference in investing VFIAX for decades as opposed to VOO? or is it basically the same? Like if you were dollar cost averaging couple hundred every week in this hypothetical scenario.
Great question. There is absolutely no difference over a long stretch of time. Dollar cost averaging (putting a set amount of money each week or each month) into VOO or VFIAX will essentially get you the exact same return over any stretch of time as a buy and hold investor.
@@JeffTeeplesthank you for the reply! Keep up the great content!
Hope you don’t mind me jumping in, but if you do buy the mutual fund instead of the ETF, there might be a transaction fee. For example, I use Fidelity. That means I could buy VOO without paying a transaction fee, but if I buy a Vanguard fund in Fidelity, I have to pay a $75 transaction fee every time.
@@MYlearning-f7lholy fuck 75 dollars everytime
@@MYlearning-f7lis there a fee for Etrade???
Hi Jeff, awesome video. I think I have perfected my M1 portfolio that I’m satisfied with. I’m so excited about this to point of obsession. I was wondering if you can analyze it for the future perhaps 5,10,15 years out?
Pie1: VTI 50% $6866
VOO 25% $6881
SPLG 25% $2797
Pie 2: SCHD 40% $1801
VGT 40% $1800
DGRO 20% $901
Pie 3: QQQM 35% $1670
SMH 23% $1092
JEPQ 22% $1050
XLK 10% $712
JEPI 10% $477
Current Balance: $26,052
I’m investing $12,000 a month into this portfolio; 33%, $3960 into each pie monthly.
How long to get rich with this portfolio? LOL. Thank you. Love your channel. Bill
I love that I'm not the only one obsessed with this stuff, lol.
Starting at $26,052, and assuming 10% growth per year (I don't think that is crazy, I like your quality ETFs), it would be:
5 years = $972,108
10 years = $2,528,664
20 years = $9,303,337
Keep feeding the machine!
@@JeffTeeples But, I’m trying to get more than “10% Growth Per Year” with this portfolio. If you think that’s what this M1 portfolio is only capable of than I think it’s WEAK. Perhaps I should re-tweak it???
I think you have a nice mix. I like to use 10% for my long-term projections. My growth has been closer to 15 to 16% over the past decade, but it could also be 6% over the next.
The 100+ year average is a touch over 10%. So I roll with it. Many recommend using 6-8%, but I’ve never liked it.
@@JeffTeeples oh ok. I was hoping that you could plug in my portfolio into your program for an exact return over 5,10,15 years? 10% a year average return seems weak for my set up???
Hi Jeff. I have a 7 figure portfolio. What are your thoughts on this asset mix: 56.5 % VOO , 28.5 VTI, 8% SCHD, 4% VYM, 3% high div individual stock including MO, KO, HSY, XOM, PEP? I max out my 401k in VTI, and now with all taxable extra money I am buying VYM. I never sell anything, and I try to live off just my taxable dividends, and my salary goes to 401k(into VTI), hsa(into VOO), and taxes, and whatever is left into VYM.
I love that portfolio mix, Richard. As soon as you make enough to live on dividends alone, you'll never have to look back. The growth of that portfolio will very likely outpace that of inflation. I love the idea of living on dividends and not selling any positions (not a fan of the traditional 4% rule at all). I think you're doing it right!
I'll be honest here, I'm not sure, specifically, how to get more qualified for the job. I think luck has a lot to do with it. And being yourself and comfortable in the interview. You have great credentials.
As far as what qualifications Boeing desires these days, I'm not up to date (left in late 2017). It's a great company, and I wish you well on getting a foot in the door!
Would love to hear more about your Hodl factory!!
Thank you for watching. I can't wait to share more details about it. It will likely be in separate videos each month, otherwise these portfolio updates will take an hour (:
Great video thank you for sharing. It seems from backtesting VGT vs XLK that XLK has performed better than VGT over the past couple of years. Do you think in today's age and going forward that small cap companies will outperform large cap companies, who already have billions in R&D for AI, new tech etc? I'm 27 and my portfolio is 40% VOO, 15% SCHG, 10% QQQM, 7.5% XLK, 7.5% SMH, 10% SCHD and 10% DGRO. Thanks!
Hey Jordan. I love your portfolio mix. That is really well balanced and great for a younger person that doesn't care about the crashes (buy more when that happens).
I'm not sure on the XLK vs VGT thing. XLK has dominated the past 10 years. VGT was better the 10 years before that. They are about tied over the past 20 years. I think either one is great. Sometimes the small and mid tech companies will make a nice push, and at other times (like lately) it is all about the big guys.
I think there is a 'decent' chance VGT will perform comparatively well in the coming years as things balance out a little (away from the magnificent 7 and more spreading the love).
But my real answer, I have no idea. I love both of them, and think you can't go wrong 'long-term' with either.
Is it good to put all in one place since I am retired, like in M1, because it’s FDIC up to 5.5 millions?
Hey Roxanna, M1 investment accounts are SIPC insured. Each account 'type' is protected up to $500,000.
For example, if you had a Roth IRA, a Traditional IRA, and a taxable account, each would be protected for $500,000. A total of $1,500,000.
If you have more than $500,000 for a single account type, you 'may' want to split it between brokers for extra protection. Some prefer convenience while others make sure they stay under $500k per account type per broker.
@@JeffTeeples thank you so much, you have solved my headache.
I love the videos that you are putting out.
Do you trade options as a source of income?
Thank you for the kind words, I'm glad you are enjoying the videos!
I do not trade any options personally. I should make a video on why that is eventually. It would be hard to put in words here (:
Basically, options ALWAYS come at a cost. Technically. Guaranteed cash flow is not without opportunity costs.
@@JeffTeeples
Thank you for the reply ! I would love to see a video on this with the technical reasons.
I go hard on VOO, SCHD, and QQQM. Should I add Jepq into the mix?
How old are you? What do you need out of your portfolio?
JEPQ is a great ETF for 'yield now'. I have it because we NEEDED the money for bills when I quit my job to start this channel.
However, if you have consistent income and a long time horizon before you NEED the money, I would recommend sticking with QQQM. It has a higher ceiling than JEPQ, and it will very likely have higher returns (no call options lowering its returns when QQQM shoots up).
I think VOO, SCHD, and QQQM are better (without JEPQ) assuming you don't need cash from it now.
JEPQ is fantastic for cash flow now (retirees).
This was my first thought as well. Great minds think alike (:
I'm heartened that one of your videos popped up in my algorithm. You are very knowledgeable about what you practice and explain it clearly. The content you put out is exactly what I am looking for. Unfortunately, I am situated in the Netherlands and have limited access to US ETFs. EToro is a broker that lets me trade US ETFs. But I am reluctant because there are different rules for taxes etc. will there be content in the future for EU ETFs similar to these US ETFs
Hey AJ, thank you for the kind words. My investing knowledge base is entirely from the US perspective at the moment. I don't want to mislead people by talking about stuff I don't know much about. That said, I do plan to broaden my horizons over the years on this journey.
Are you still adding to VGT or waiting for Pullback ?
Hey Will. I stick to my target allocations at all times. Therefore, I haven't purchased any VGT in a long time (been at 650 shares for quite a while). This is because VGT (growth stocks and ETFs in general) have had a killer year+. Most my new money has gone to the money market (to keep it at 10%) and SCHD (to keep it even with VOO and VGT).
I use this strategy to never try to time to market (dangerous thing) and to forever by the dip (underweight holdings) on autopilot.
What is the hodl factory? Is that an etf you are putting on the market?
Never mind didn’t watch far enough
If I have SCHD in my Roth and have it set to reinvest dividends, do those dividends count as a contribution, or interest? I don't want to over contribute due to some dividends being reinvested.
Great question! Reinvested dividends do not count towards your contributions. You are able to put in the full $7,000 of new money in 2024.
Maxing a Roth IRA for many years makes it nearly impossible to not become a millionaire. Keep going and never look back.
@@JeffTeeples Thank you! I guess now I'm wondering, what are the tax benefits of having SCHD in a taxable brokerage then? And thank you so much for your videos, everything your hitting is coming right as my family needs to learn it!
Great question. SCHD (and others such as VOO, DGRO, VIG, VGT, etc) pays qualified dividends. This is at the special tax rate of long-term capital gains, and it does NOT add to your taxable income (so the dividends will not push you to a new tax bracket).
REITS and interest from high yield savings or money markets pay ordinary dividends. This is taxed at a higher tax rate, your marginal tax rate, and it DOES add to your taxable income as well, which can push you to a higher tax bracket.
I'm going to drop a video getting into a bit more detail in the near future.
@@JeffTeeples Great! I'll keep an eye our for it. Thanks
Do you happen to sell covered calls on any of your holdings for extra income?
Hey Eddro. I don't do any options, personally. I understand it, but don't think it adds value to my long-term strategy of growth.
I would possibly consider it if retired and needing more cash flow. But I'm not a long-term fan of any ceiling limits, real-time.
@@JeffTeeples Gotcha... thanks, Jeff!
Why do you prefer voo over fxaix sir?
I like ETFs better than index & mutual funds. I also like Vanguard above all 'names' when it comes to this stuff. Jack Bogle was one of my investing heroes. Vanguard has quality, low-cost funds with a huge assets under management number.
Just subscribe your channel today. I hope to learn more from you to make wiser educated investment choices
Thank you Pearl! I appreciate the support.
Hey Jeff do you plan to buy Reddit (RDDT)? Thoughts?
Hey Christina. It will not be included in my individual stocks for a while because I have specific trend filters that must be met. For example, any company that makes the screener must pay a dividend, and it must have grown it for at least 3 years in a row.
I'll never get the hot new thing, but long-term stability and growth is the objective for me.
Thanks for your insight. It definitely makes more sense to purchase long term, money generating stocks.@@JeffTeeples
Can you explain what Logarithm means for newbies like me?
Hey Keith. I'm working on putting together a few videos to explain the compounding logic of growth. Regarding the dividend and price growing 'exponentially' over time. It's hard for newer investors to see how this stuff 'adds up'.
As far as explaining the technical terms behind this stuff in detail (logarithm & exponent relationship), I'm probably not the right guy.
@JeffTeeples you ARE the guy. I saw in your graph you had logarithmic checked. Why or why not?
Can you let me know what graph you're referring to? I don't specifically know what part you're asking about.
Sure 24:04 @@JeffTeeples
It says logarithmic scale, underneath the portfolio names. Hope that helped.
Thanks!
Thank you Brianna!
Should be picking up VICI at these prices
I don’t really shop based on price. It’s all about the asset I’m buying. Do I want to hold this forever type questions.
@JeffTeeples they have rent escalators and 45 yr avg lease length hope they get the Raiders stadium and A's baseball stadium to tie up the vegas sports and gambling real estate.
@JeffTeeples oh yeah and LeBron's NBA team which will be in Vegas lol don't wait til then to get in.
Don't get me wrong, I don't think investing in VICI (or anything that one has conviction in) is a bad thing. I like to roll with low-cost, passively managed ETFs for my personal portfolio.
I hope it goes to the moon for you! My friend, who is mostly ETFs, also rolls with some VICI on the side. He's a very smart guy, smarter than me. So I wouldn't be shocked if it works out well!
What about SPLG and FTEC
Hey James. Both fantastic ETFs to replace VOO and VGT, respectively.
Great update!!!
Thank you! I appreciate the feedback.
did you see the new m1 finance monthly fee?
I did. I thought that was a bummer. I still think it's the best solution, by far, for passive, long-term investors. But I don't like the structure of essentially a 'poor tax'. I'll have to tell my family members (got them all started) to work hard to that $10k amount!
Why not also do 2 backdoor roths a year as well?
You have a point. Having both a Roth and traditional IRA does make sense because no one knows what the future taxation environment will be like. There are also a lot of benefits to a Roth beyond tax advantages for generational wealth building.
Backdoor Roth IRA conversions were not worth it for me. It would lose me a lot of money in prime earning years because I have a big balance in a traditional IRA. The pro-rata rule is brutal. I explain it here in this video. Backdoor Roths are great, but only for certain situations. Beauty is, I can now fund the Roth for wife and I directly because I don't have high income anymore (:
ua-cam.com/video/1lnakHeJpjQ/v-deo.htmlsi=3Pe_6mlQLczNoH6E
Backdoor Roth IRA contributions are great, however, they are situational. The good news is that I can now do Roth contributions for wife and me without worrying because I walked away from my income (: Here is the video I explain the Backdoor Roth pros and cons.
ua-cam.com/video/1lnakHeJpjQ/v-deo.htmlsi=3Pe_6mlQLczNoH6E
If you can trace all the way to include 1999, how will that look like?
Hey Haowei. Including those first few years are brutal when including the dot com crash. However, this mix performs very well. XLK, which is VERY close to VGT, has outperformed SPY since 1/1/1999. This includes the crash that I know you're referring to. And SCHD (the companies in it) held up WAY better than tech in that era. So that is a bonus.
The Nasdaq-100 has destroyed the S&P 500 (VGT and QQQ are similar over the years) in the past 40 years with multiple recessions.
I can't get 'exact' data because of the age of ETFs, but the mix handles crashes, in general (especially DCA in only and no selling), fairly well. It will be fun to see some crashes in the future (I look forward to it).
Another fun stat, nobody has every lost money in the US over a 20 year stretch of dollar cost averaging into the S&P 500. Not once in over 100 years, you can hand pick the 20 year timeframe. In fact, they have never lost to inflation. It's pretty wild.
Hand picking a buy here and sell there (20 year stretch) is more or less meaningless (one buy ever, looking for handpicked bad timing). Because how many of us only invest once ever. I always laugh at those studies and think 'cool?'. But it is still hard to find 'losses' with that method.
I guess my point is BUY BUY BUY, especially when things get ugly.
I like etrade its very simple
I like E*Trade way more than the other popular brokers. It is simple and clean.
I love the money weighted return and automated pie system of M1 Finance as well. This makes running my 'ETF' (my hand picked stocks) a breeze. I also get to see exactly how I do against the market (including sold positions) on a money-weighted return basis. Apples to apples.
They, for different reasons, are my favorite online brokers at the moment.
Good morning from St.Louis.
Good morning sir! Thanks for watching, as always. Your support has been appreciated since day 1 on this channel!
Firstly I would like to congratulate your path toward ETF , not many people have a clear vision of what they want, I might have been one of those unfortunately, I am late to the party and like you said I wouldn’t be stubborn about not getting into your ideas and thoughts now. Ok, I do have a question to ask and that’s basically on behalf of my husband, he has put some of his inheritance in Money market ! But he has been asking me what is money market, I myself have also been chasing yields but not having the clarity of what that is so I can explain to him, is it a way to tell him that it is safe to park his money there before any decision to invest ? I myself also like to know whether money market
Is safe.
Hey Brianna! Money markets and high yield savings accounts are a very safe place to invest your money. I like to roll with the money market VMFXX (from Vanguard). It's currently yielding 5.27%, and pays monthly.
I used to park my money in the high yield savings account at Wealthfront, and another couple over the years. I got tired of jumping around to find the highest yield on savings accounts. When the federal funds rate would go up, some of them would offer a better % right away, and some would drag their feet.
I finally choose VMFXX because I noticed it 'auto-updated' better with the changing fed rates, and it has been consistently higher than all of the available high yield savings accounts.
I park my 'cash' (like your husbands inheritance) in VMFXX and get a monthly interest payment. It takes a day or two to 'sell' the money to have it ready to use. For example, I've been buying IBIT each week in E*Trade. What I do is 'sell' $500 out of VMFXX each Thursday evening. It is ready to go for buying IBIT on Monday morning.
VMFXX is managed by Vanguard, and it invests in US securities and repurchase agreements. It is extremely conservative (basically cash that never goes down) as US Treasuries always pay back. For a while, I was buying treasury bills directly, but I didn't like my money being tied up for X amount of time.
VMFXX takes advantage of timing freedom, the highest rates (compared to high yield savings accounts), and investments that always pay for safety.
I like it because it makes it easy. All within E*Trade, 'sell' it when I want to buy stuff, never worry about chasing the new hot rate at a different high yield savings account.
Is VMFXX FDIC insured? If it is, is there a limit? I am currently parking some of my money in mainstream bank such
as Bank of America, Wells Fargo and US bank , the money market account I am using is FDIC insured, that is what I have been told. What is the difference between VMFXX and all the banks That I mentioned earlier?
@@JeffTeeples All my money is parking in preferred deposit ,preferred savings….etc, I have been told that they are FDIC insured up to250,000 limit, what are the difference between those Bank money market account and VMFXX? Isn’t VMFXX also FDIC insured?
VMFXX is not insured. It is extremely conservative and has next to zero chance of having a problem. The US Government has never defaulted on a debt payment. However, it is not insured to be clear.
Many of the banks savings accounts (basically all of them, but always check) are FDIC insured.
Regardless of where you decide to keep your cash, make sure to dollar cost average it into your portfolio of ETF investments. 'Long-term', the SCHDs of the world will run circles around ANY form of cash equivalents (:
Probably don't want to dump it all in at once, but don't keep cash toooooo high if you're comfortable with life flow and have a nice chunk of savings. That will cost thousands of dollars of opportunity cost (long-term when zooming out), and you will eventually lose to inflation over many decades.
High yield savings accounts that are FDIC insured guarantee you will not lose your first $250,000, no matter what. Money markets don't offer the same 'guarantee'.
The bank will take your $100,000 (or however much you keep there) and lend it out, invest it, and do all kinds of things to try to make money. You're basically 'loaning' them money to do business with zero risk to you.
It will always follow the federal funds rate (because ultimately that determines how much money the bank can make with your money).
This is very watered down, but that covers the basics. Those savings accounts are safe and should always be used over things like Chase checking (or many other things) that pay basically 0% interest at all times.
SCHY for international dividends
Thank you for the comment. Not a bad ETF. I’ve been keeping my eyes on the one myself.
Man. Im so jellly. Wife working :p. Is that enough income?
She's great! Yeah, we lost over half our income when I quit my job. However, we (she) is still able to max out the 401k and HSA at her work. We use the extra income from JEPQ to bridge the gap on paying bills for now.
I will slowly start making money on UA-cam (not much, but every bit helps). Hopefully sound strategy and a long-term vision makes this all worth it. I'm excited about the HODL factory. I have high hopes for that down the road. It's fun managing some individual stocks. I think we have a solid formula.
@JeffTeeples man you crazy for quitting. Should have stacked a few more years! Hope your channel takes off. I've been watching every video.
@JC-JC20 thank you, I hope it gets some nice momentum too. I am a bit crazy, no arguments here. I just wanted to help as many people with this stuff as possible. It was time. I know that sounds like I’m trying to say all the right bs, but it’s true!
How are you planning for your kids College Jeff ? While College in general is not very valuable now a days. The $250K piece of paper will always be required to get in the line of Job Market :-( Do you have 529 plans for the kids. Its too bad that instead of saving for our kids and giving them something to live life we have to transfer all our hard earned money to colleges where people end up studying lot of outdated stuff and then compete with AI and Outsourcing of jobs to different countries. I wish Congress could put a cap on the fees of Colleges.
Hey Amit, thanks for the great question. I do not use 529 accounts for my kids. I don’t think they are worth it in WA State. I will very likely pay for it with qualified dividend cash flow that is taxed at 0%, and maybe a touch at 15% at that point in time. My oldest isn’t 4 year, just working the snowball for now.
I prioritize HSA, 401k contributions, and Roth IRA x 2 (between my wife and I).
Hi Jeff - I sent you two emails. Did you receive them?
Hey Bruce, I have not seen them. I’m all caught up as of this morning. Very strange (I commonly fall behind by about 4-5 days, getting a lot, need to limit to business inquiries soon).
If I didn’t answer, I didn’t get it. I haven’t deleted any.
I sent both emails to the address you provided. Is there another email address that I can use?
@@corebizstyle that is my only email for UA-cam stuff. Strange, nothing in spam (that isn’t actually spam). Try to shoot them my way again.
I will say I need to limit it to business inquiries only (getting hit with a LOT of emails). I need to find a simple way to provide access for communication within the members. Perhaps a discord server. But I like to be very disconnected from these things at the same time, so I need to be smart about it. Would love a tight community. Maybe I’ll bust out a discord server soon.
My two inquiries were directly related to the Google Sheets/Spreadsheets you provided to members. I just resent those emails to you.
@@corebizstyle okay, I’m not receiving them. This is strange. Can you direct message me on LinkedIn? I will have a better solution for this for members in the future.
It’s tough, because I don’t want to put my info here (for all), and I basically don’t use any social media lol.
If ‘X’ has direct messaging, I’m @RipCityTeeps. That or linked is is pretty much it lol
👏👏👏
Thanks Carlos!
I triple dog dare you to make one video where you don't move your arms or hands. :)
Impossible! haha. I although I actually do that by design for engagement. I will tone it down a little bit (naturally I'm actually perfectly still and even MORE boring than I am on these videos).
Hello Jeff Teeples Are you looking to design thumbnails at very low cost?
Hi Anita. I am not looking for a thumbnail designer at this time. Thanks.
Ok..no problem
Hey Jeff, is VOO, VGT and SCHD the most efficient portfolio out today? is this the best you can do in terms of risk/reward tradeoff? Can you do better?
Thank you for the question. I think that is debatable. There are a lot of great ways to go about investing. If someone chooses low-cost ETFs, I think it’s a great mix.
It’s important to have a mix of growth, dividend, and a cornerstone. How much of each depends on goals, age, things like that.
Cornerstone is the least debatable. VOO or VTI are both great, I like VOO but take your pick.
Growth and dividends have so many quality options!
I think SCHD and VGT are awesome together because of the almost literally no overlap they have. Especially with AVGO leaving SCHD (that was over half the overlap).
I can’t say my mix is ‘objectively’ the best way to go, but it certainly ‘makes sense’ to pair the two. QQQM may be a better growth ETF if someone doesn’t want 100% tech there.
I’m seeing great returns on VOO, VGT, SCHD. But I’m a little confused with your other picks such as JEPQ. And a little confused why your VGT is in your Roth all by itself. I keep them all together. And I know you’re buying $500 worth of IBIT every Monday which makes up 3% (which is recommended) of your net worth. My net worth is only $2k or so. I tried buying $500 every Monday like you but my portfolio and I were getting wrecked.
@@Powered-by-S.T.E.M thanks for the feedback. JEPQ is not a long-term holding for me. I quit my job (170k a year) and needed cash flow to pay bills at the time.
I think I’ll sell it as soon as it is a long-term holding, and trickle the money into my other holdings.
DOGE ARMY but no VICI MARINE lol
Haha, not sure why, but I just can’t let go of my DOGE! #DOGEstrong
You mentioned selling Bitcoin to buy the IBIT Etf. Cant remember if you alluded to why you dont want to hold the actual bitcoin and would prefer the ETF instead?
Hey Jon, thanks for the great question. I break down my reasons and strategies regarding Bitcoin in this video:
ua-cam.com/video/3gtladwRgn0/v-deo.htmlsi=anvQgNyPem7tkZiN
Thanks!
Thank you Brianna! I'm adding this to my portfolio! (:
Thanks!
Thank you so much, Amy. I appreciate the generosity. It means a lot!